New Note Sample Clauses

New Note. Contemporaneously with the execution and delivery of this Amendment, the Borrower, as maker, shall execute and deliver a new revolving credit note, in the stated principal amount of $12,500,000, in favor of Fifth Third Bank, as payee (the "New Note"), which New Note shall amend, restate and replace the Note dated as of March 22, 2007, from the Borrower, as maker, to Fifth Third Bank, as payee, in the stated principal amount of $20,000,000 (the "Old Note"), and which New Note, as the same may be amended, renewed, restated, replaced or consolidated from time to time, shall be a "Revolving Credit Note" referred to in the Credit Agreement.
AutoNDA by SimpleDocs
New Note. Upon receipt of evidence reasonably satisfactory to the Borrower of the loss, theft, destruction or mutilation of the Note, the Borrower will issue a new Note, of like tenor and amount and dated the date to which interest has been paid, in lieu of such lost, stolen, destroyed or mutilated Note, and in such event the Lender agrees to indemnify and hold harmless the Borrower in respect of any such lost, stolen, destroyed or mutilated Note.
New Note. The New Note;
New Note. Upon receipt of evidence reasonably satisfactory to the Company of the loss, theft, destruction or mutilation of this Note, the Company will issue a new promissory note, of like tenor and amount and dated the original date of this Note, in lieu of such lost, stolen, destroyed or mutilated Note, and in such event the Holder thereof agrees to indemnify and hold harmless the Company in respect of any such lost, stolen, destroyed or mutilated Note.
New Note. In replacement for that certain Note payable to the order of Xxxxxx Trust and Savings Bank dated as of February 27, 2004 in the principal amount of $6,800,000 (the “Previous Note”), the Borrower shall execute and deliver to the Bank a new demand note in the amount of $10,000,000, dated as of the date of its issuance and otherwise in the form of Exhibit A attached hereto (the “New Note”) which shall substitute for the Bank’s Previous Note and shall evidence the loans outstanding to the Bank. All references in the Loan Agreement to the Note shall be deemed references to the New Note.
New Note. The Borrower agrees to promptly execute and deliver to the New Lender a Note ("NEW NOTE").
New Note. In replacement for that certain Promissory Note payable to the order of Bank of Montreal dated as of February 13, 2008 in the principal amount of $370,000,000 (the “Previous Note”), the Borrower shall execute and deliver to the Bank a new demand note in the amount of $76,000,000, dated as of the date of its issuance and otherwise in the form of Exhibit A attached hereto (the “New Note”) which shall substitute for the Bank’s Previous Note and shall evidence the loans outstanding to the Bank. All references in the Loan Agreement to the Note shall be deemed references to the New Note.
AutoNDA by SimpleDocs
New Note. The Borrower agrees to promptly execute and deliver to the Increasing Lender an A Note in the amount of its increased Commitment set forth in Section 1 above (the "New Note"), and the Increasing Lender agrees to return to the Borrower, with reasonable promptness, the A Note previously delivered to the Increasing Lender by the Borrower.
New Note. To modify the Note in accordance with the terms set forth in a "New Note" in the form of EXHIBIT B attached hereto, such that (among other things):
New Note. 6 Release . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6
Time is Money Join Law Insider Premium to draft better contracts faster.