Revolving Promissory Note definition
Examples of Revolving Promissory Note in a sentence
All advances shall be evidenced by the Revolving Promissory Note to be executed and delivered by Borrower to Bank on the Closing Date and shall be repaid in accordance with the terms of the Revolving Promissory Note.
All references in the Loan Agreement to the Note shall be references to the Renewal Revolving Promissory Note dated of even date herewith in the original principal amount of $25,000,000 executed by Borrower in favor of Lender (the "Renewal Promissory Note").
On the Closing Date, Borrower shall execute and deliver to Bank the Revolving Promissory Note.
Borrower shall have executed and delivered to Lender (i) a Renewal Revolving Promissory Note, payable to the order of Lender as set forth therein, duly executed on behalf of the Borrower, dated effective March 31, 2018 in the principal amount of $25,000,000.00 (the "Renewal Promissory Note"), (ii) the Arbitration and Notice of Final Agreement, (iii) the Certificate of Corporate Resolutions, and (iv) this First Amendment.
The Loan Documents shall include the Secured Revolving Promissory Note, the Deeds of Trust, Section 9.5 of the Road and Highway Builders, LLC Fourth Amended and Restated Operating Agreement and all amendments and restatements thereof (collectively, the “RHB Agreement”), and Section 8.4(a) of the ▇▇▇▇ & Sons Construction, L.P. Second Amended and Restated Limited Partnership Agreement and all amendments and restatements thereof (collectively the “▇▇▇▇▇ Agreement”).