Credit Agreement; Notes Sample Clauses
The 'Credit Agreement; Notes' clause establishes the formal documentation of a loan or credit facility between a lender and a borrower. It specifies that the terms of the credit arrangement are governed by a written credit agreement, and may also require the borrower to issue promissory notes as evidence of the debt. For example, when a company borrows funds from a bank, the credit agreement outlines repayment terms, interest rates, and covenants, while the notes serve as legal proof of the amounts owed. This clause ensures that both parties have clear, enforceable records of their rights and obligations, reducing the risk of disputes over the terms of the loan.
Credit Agreement; Notes. The Administrative Agent shall have received (i) duly executed counterparts of this Credit Agreement, which, when taken together, bear the signatures of the Administrative Agent, the Borrowers, each Lender and the Parents, and (ii) the Notes duly executed by the Borrowers respectively in favor of each Lender so requesting a Note.
Credit Agreement; Notes. This Agreement shall have been duly executed and delivered by the Borrowers and each Closing Date Guarantor and there shall have been delivered to the Administrative Agent for the account of each of the Lenders that has so requested, a Note executed by the Borrowers, in each case in the amount, maturity and as otherwise provided herein.
Credit Agreement; Notes. This Agreement (and, if requested, Notes for each such requesting Bank) properly executed;
Credit Agreement; Notes. This Agreement (and a Bid Loan Note for each Bank) properly executed;
Credit Agreement; Notes. Each Borrower shall have duly executed and delivered this Agreement, and the Notes for each Lender.
Credit Agreement; Notes. On or prior to the Closing Date, (i) Holdings and the Borrowers shall have signed a counterpart hereof (whether the same or different counterparts) and shall have delivered the same to the Administrative Agent, and (ii) there shall have been delivered to the Administrative Agent, for the account of each of the Lenders that has requested the same, executed copies of the appropriate Term Note and/or Revolving Note executed by the applicable Borrower, in each case in the amount, maturity and as otherwise provided herein.
Credit Agreement; Notes. This Agreement and, if requested by the Bank, the Notes, each executed by each party thereto;
Credit Agreement; Notes. (i) Holdings, the Borrower, the Guarantors who are initially party hereto, the Administrative Agent and each of the Lenders who are initially parties hereto shall have signed a counterpart of this Agreement (whether the same or different counterparts) and delivered (including by e-mail) such counterpart to the Administrative Agent and (ii) the Borrower shall have delivered to the Administrative Agent for the account of each Lender that has requested the same, a Note executed in accordance with Section 2.04.
Credit Agreement; Notes. On the Closing Date, the Administrative Agent shall have received (i) duly executed counterparts of this Credit Agreement which, when taken together, bear the signatures of the Administrative Agent, the Parent, the Borrower, the Guarantors and each Lender, and (ii) Notes duly executed by the Borrower in favor of each Lender which has requested a Note.
Credit Agreement; Notes. On or before the date of the making of the initial appropriate Loans, the Administrative Agent shall have received the Credit Agreement executed by the Credit Parties and the Notes executed by the Borrowers.