Revolving Line of Credit Promissory Note definition

Revolving Line of Credit Promissory Note means the Revolving Line of Credit Promissory Note described in Section 2.1(c) hereof, as the same may be renewed, extended, increased or otherwise modified from time to time.
Revolving Line of Credit Promissory Note means the $40,000,000.00 Revolving Line of Credit Promissory Note described in Section 2.1(b) hereof, as the same may be renewed, extended, increased or otherwise modified from time to time.
Revolving Line of Credit Promissory Note means the Revolving Line of Credit Promissory Note, dated March 26, 2003, in the original principal amount of $750,000.00,made by Borrower payable to the order of Lender, bearing interest as provided therein and maturing on March 15, 2004, as the same may be renewed, extended, increased or otherwise modified from time to time.

Examples of Revolving Line of Credit Promissory Note in a sentence

  • Principal and interest on the Revolving Line of Credit Promissory Note shall be payable in the manner and on the dates specified therein.

  • All amounts outstanding under the Revolving Line of Credit Promissory Note on the date of this Agreement shall be deemed to be Advances made under and pursuant to this Agreement, and the Revolving Line of Credit Promissory Note is and shall remain in full force and effect in accordance with the terms thereof, subject in all respects to the terms of this Agreement and the other Loan Papers.

  • The Revolving Line of Credit Promissory Note shall mature on the date stated therein and shall bear interest on the unpaid principal amount thereof from time to time outstanding at the applicable interest rate per annum as provided in said note.

  • The Revolving Line of Credit Promissory Note shall mature on the date stated therein and shall bear interest on the unpaid principal amount thereof from time to time outstanding at the applicable interest rate per annum as provided in the Revolving Line of Credit Promissory Note.

  • The Replacement LOC is evidenced by that certain Revolving Line of Credit Promissory Note for such amount dated of even date herewith (the “Replacement LOC Note” and, together with the Term Loan Note, each a “Note” and collectively the “Notes”).

  • Each request for a Subsequent Advance under the Advance Note or the Revolving Line of Credit Promissory Note must be in the minimum amount of $50,000.00 or the unadvanced portion of the Note under which the Subsequent Advance has been requested, whichever is less.

  • Patriot LoanSeaboard Realty is purportedly a party to a certain Commercial Revolving Line of Credit Promissory Note between Seaboard Realty and non-debtor Seaboard Property Management, as borrowers, and Patriot National Bank, as lender, dated December 29, 2014, for $3,000,000 as evidenced by a certain Amended and Restated Commercial Revolving Note (the “ $3M Seaboard Realty Revolving Note”).

  • The Loan shall be evidenced by a Revolving Line of Credit Promissory Note (the “Note”).

  • Renewal and Future Advance Revolving Line of Credit Promissory Note dated August 11, 2005, between the Company, as Borrower, and Fifth Third Bank, as Lender (previously filed as Exhibit 4.2 to the Company’s Quarterly Report on Form 10-Q for the quarter ended October 1, 2005 and incorporated herein by reference).

  • The obligations of the Debtors that are subject to this Security Agreement are the repayment of that certain Revolving Line of Credit Promissory Note ("Promissory Note") of even date herewith, in the principal amount of Three Million and 00/100 Dollars ($3,000,000.00) from the Debtors in favor of Secured Party, the terms and conditions of such Promissory Note being expressly incorporated herein.


More Definitions of Revolving Line of Credit Promissory Note

Revolving Line of Credit Promissory Note means the revolving line of credit promissory note annexed hereto as Exhibit Q.
Revolving Line of Credit Promissory Note means the promissory note, in substantially the form of Exhibit C attached, to be delivered by Borrower to the Bank.

Related to Revolving Line of Credit Promissory Note

  • Line of Credit mean the credit facility described in the Section titled "LINE OF CREDIT" below.

  • Revolving Loan Note means a promissory note in the form of Exhibit B-2, as it may be amended, supplemented or otherwise modified from time to time.

  • Revolving Credit Note means a promissory note of the Borrower payable to any Revolving Credit Lender or its registered assigns, in substantially the form of Exhibit C-2 hereto, evidencing the aggregate indebtedness of the Borrower to such Revolving Credit Lender resulting from the Revolving Credit Loans made by such Revolving Credit Lender.

  • Revolving Note means a promissory note of the Borrower payable to a Lender in substantially the form of Exhibit 11.1(d) hereto, evidencing Indebtedness of the Borrower under the Revolving Loan Commitment of such Lender.

  • Credit Line as defined in Section 2.1.

  • Revolving Credit Agreement means that certain Revolving Credit Agreement dated as of August 30, 2004 between the Company, certain of its Subsidiaries and the banks and financial institutions listed therein, as such agreement may be replaced, amended, supplemented or otherwise modified from time to time.

  • Revolving Credit Advance means an advance by a Bank to a Borrower as part of a Revolving Credit Borrowing and refers to a Base Rate Advance or a Eurocurrency Rate Advance, each of which shall be a “Type” of Advance.

  • Letter of Credit Limit means $5,000,000.

  • Credit Note means a document issued by a registered person under sub-section (1) of section 34;

  • Term Loan Credit Agreement shall have the meaning set forth in the recitals hereto.

  • Revolving Credit Notes means the separate Revolving Credit Notes made by the Borrower payable to the order of each Lender, substantially in the form of Exhibit A hereto, evidencing the Credit Facility, and any amendments and modifications thereto, any substitutes therefor, and any replacements, restatements, renewals or extension thereof, in whole or in part; "Note" means any of such Revolving Credit Notes.

  • Revolving Loan Account has the meaning described in Section 2.1.9 (Revolving Loan Account).

  • Revolving Loan Commitment means, for each Bank, the amount set forth opposite such Bank's name in Schedule I directly below the column entitled "Revolving Loan Commitment," as same may be (x) reduced from time to time pursuant to Sections 3.02, 3.03 and/or 10 or (y) adjusted from time to time as a result of assignments to or from such Bank pursuant to Section 1.13 or 13.04(b).

  • Letter of Credit Facility means, at any time, an amount equal to the amount of the Issuing Bank’s Letter of Credit Commitment at such time, as such amount may be reduced at or prior to such time pursuant to Section 2.05.