Common use of CANADIAN REVOLVING CREDIT NOTES Clause in Contracts

CANADIAN REVOLVING CREDIT NOTES. The Canadian Borrowers' obligations to pay the principal of, and interest on, the Canadian Revolving Credit Loans made by each Canadian Lender shall be further evidenced by the Canadian Borrowers issuance, execution and delivery of a Canadian Revolving Credit Note payable to the order of each such Canadian Lender in the amount of such Canadian Lender's Canadian Revolving Credit Commitment and shall be dated as of the date of issuance of such Canadian Revolving Credit Note. The principal amount of each Canadian Revolving Credit Note shall be payable on or before Maturity Date.

Appears in 2 contracts

Samples: Credit Agreement (Maverick Tube Corporation), Credit Agreement (Maverick Tube Corporation)

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CANADIAN REVOLVING CREDIT NOTES. The Canadian Borrowers' obligations to pay the principal of, and interest on, the Canadian Revolving Credit Loans made by each Canadian Revolving Lender shall shall, at the written request of any Canadian Revolving Lender, be further evidenced by the Canadian Borrowers Borrowers' issuance, execution and delivery of (i) a Canadian Revolving Credit Note (C$), and (ii) a Canadian Revolving Credit Note (US$), each payable to the order of each such Canadian Lender in the amount of such Canadian Revolving Lender's Canadian Revolving Credit Commitment and shall be dated as of the date of issuance of such Canadian Revolving Credit NoteNotes. The principal amount of each Canadian Revolving Credit Note shall be payable on or before Maturity Date.

Appears in 2 contracts

Samples: Credit Agreement (Gerdau Ameristeel Corp), Credit Agreement (Gerdau Ameristeel Corp)

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CANADIAN REVOLVING CREDIT NOTES. The Canadian Borrowers' Borrower’s obligations to pay the principal of, and interest on, the Canadian Revolving Credit Loans made by each Canadian Revolving Lender shall shall, at the written request of any Canadian Revolving Lender, be further evidenced by the Canadian Borrowers Borrower’s issuance, execution and delivery of (i) a Canadian Revolving Credit Note (C$), and (ii) a Canadian Revolving Credit Note (US$), each payable to the order of each such Canadian Lender in the amount of such Canadian Revolving Lender's ’s Canadian Revolving Credit Commitment and shall be dated as of the date of issuance of such Canadian Revolving Credit NoteNotes. The principal amount of each Canadian Revolving Credit Note shall be payable on or before Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Gerdau Ameristeel Corp)

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