Common use of New Note Clause in Contracts

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.

Appears in 1 contract

Samples: San Holdings Inc

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New Note. In replacement for that certain Note payable to the order of Xxxxxx Trust and Savings Bank dated as of February 27June 20, 2004 2003 in the principal amount of $6,800,000 7,500,000 (the “Previous Note”), the Borrower shall execute and deliver to the Bank a new demand note in the amount of $10,000,0003,300,000, 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.

Appears in 1 contract

Samples: San Holdings Inc

New Note. In replacement for that certain Note payable to the order of Xxxxxx Trust and Savings Bank dated as of February 27June 13, 2004 2003 in the principal amount of $6,800,000 3,000,000 (the “Previous Note”), the Borrower shall execute and deliver to the Bank a new demand note in the amount of $10,000,0007,500,000, 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.

Appears in 1 contract

Samples: San Holdings Inc

New Note. In replacement for that certain Note payable to the order of Xxxxxx Trust and Savings Bank dated as of February 27August 14, 2004 2003 in the principal amount of $6,800,000 4,200,000 (the “Previous Note”), the Borrower shall execute and deliver to the Bank a new demand note in the amount of $10,000,0001,200,000, 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.

Appears in 1 contract

Samples: San Holdings Inc

New Note. In replacement for that certain Note payable to the order of Xxxxxx Trust and Savings Bank dated as of February 27May 16, 2004 2003 in the principal amount of $6,800,000 2,000,000 (the “Previous Note”), the Borrower shall execute and deliver to the Bank a new demand note in the amount of $10,000,0003,000,000, 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.

Appears in 1 contract

Samples: San Holdings Inc

New Note. In replacement for that certain Note payable to the order of Xxxxxx Harris Trust and Savings Bank dated as of February 27August 14, 2004 2003 in the principal prxxxxxxl amount of $6,800,000 3,300,000 (the "Previous Note"), the Borrower shall execute and deliver to the Bank a new demand note in the amount of $10,000,0004,800,000, 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 '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.

Appears in 1 contract

Samples: San Holdings Inc

New Note. In replacement for that certain Note payable to the order of Xxxxxx Harris Trust and Savings Bank dated as of February 2716, 2004 2005 in the principal xxxxxxpal amount of $6,800,000 10,000,000 (the "Previous Note"), the Borrower shall execute and deliver to the Bank a new demand note in the amount of $10,000,00011,500,000, 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 '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.

Appears in 1 contract

Samples: San Holdings Inc

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New Note. In replacement for that certain Note payable to the order of Xxxxxx Trust and Savings Bank dated as of February 27September 13, 2004 in the principal amount of $6,800,000 8,000,000 (the "Previous Note"), the Borrower shall execute and deliver to the Bank a new demand note in the amount of $10,000,000, 15,000,000 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 '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.

Appears in 1 contract

Samples: Crafts Retail Acquisition Corp.

New Note. In replacement for that certain Note payable to the order of Xxxxxx Trust and Savings Bank dated as of February 27June 3, 2004 2005 in the principal amount of $6,800,000 11,500,000 (the “Previous Note”), the Borrower shall execute and deliver to the Bank a new demand note in the amount of $10,000,00013,000,000, 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.

Appears in 1 contract

Samples: Authorization Agreement (San Holdings Inc)

New Note. In replacement for that certain Note payable to the order of Xxxxxx Trust and Savings Bank dated as of February 27November 26, 2004 2003 in the principal amount of $6,800,000 4,800,000 (the “Previous Note”), the Borrower shall execute and deliver to the Bank a new demand note in the amount of $10,000,0006,800,000, 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.

Appears in 1 contract

Samples: San Holdings Inc

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