Evidence of Loan Indebtedness and Repayment. Subject to the terms and conditions hereof, the Lender shall make the Loan to Borrower by wire transfer in immediately available funds. The Loan shall be evidenced by a Secured Promissory Note in the original principal amount of One Million Five Hundred Seventy-Five Thousand and No/100ths Dollars ($1,575,000.00), substantially in the form of Exhibit A attached hereto and incorporated herein by this reference (the "Note"), dated as of the date hereof, executed by Borrower, in favor of Lender. The Loan shall be payable in accordance with the terms of the Note. The Note, this Agreement and any other instruments and documents executed by Borrower, any guarantor of Borrower, or any shareholder, subsidiary or affiliate of Borrower, now or hereafter evidencing, securing or in any way related to the indebtedness evidenced by the Note are herein individually referred to as a "Loan Document" and collectively referred to as the "Loan Documents."
Evidence of Loan Indebtedness and Repayment. Subject to the terms and conditions contained herein, the Lender shall make the Loan to Borrower by wire transfer in immediately available funds. The Loan shall he evidenced by a Secured Promissory Note in the original principal amount of $5,000,000 dated as of the date hereof, executed by Borrower in favor of Lender, in a form acceptable to Lender (the “Note”). The Loan shall be payable in accordance with the terms of the Note. The Note, this Agreement and any other instruments and documents executed by Borrower, any guarantor of Borrower, or any shareholder, member, partner, subsidiary or affiliate of Borrower (“Affiliates”), now or hereafter evidencing, securing or in any way related to the indebtedness evidenced by the Note are herein individually referred to as a “Loan Document” and collectively referred to as the “Loan Documents.” The term “Obligations” as used herein shall refer to (a) the Loan to be made concurrently or in connection with this Agreement, as evidenced by the Note, and any renewals or extensions thereof, (b) the full and prompt payment and performance of any and all other indebtednesses and other obligations of Borrower to Lender, direct or contingent (including but not limited to obligations incurred as indorser, guarantor or surety), however evidenced or denominated, and however and whenever incurred, including but not limits to indebtednesses incurred pursuant to any present or future commitment of Lender to Borrower and (c) all future advances made by Lender for taxes, levies, insurance and preservation of the collateral securing the Loan (“Collateral”) and all attorneys’ fees, court costs and expenses of whatever kind incident to the collection of any of said indebtedness or other obligations and the enforcement and protection of the security interest created hereby or by the other Loan Documents.
Evidence of Loan Indebtedness and Repayment. Subject to the terms and conditions set forth herein, Lender hereby agrees to make the Loan to Borrower. The Loan shall be evidenced by a Secured Promissory Note substantially in the form attached hereto as Exhibit A (the "Note"), executed by Borrower in favor of Lender. The Loan shall be in the original principal amount indicated in the Note, shall be payable in accordance with the terms of the Note, and shall be prepayable at any time without penalty or premium. The proceeds of the Loan shall be disbursed by Lender on the date hereof (the "Closing Date") by wire transfer of immediately available funds in accordance with the written instructions of Borrower.
Evidence of Loan Indebtedness and Repayment. Subject to the terms and conditions contained herein, the Lender shall make the Loan to Borrowers by wire transfer in immediately available funds. The Loan shall be evidenced by a Secured Promissory Note in the original principal amount of Three Million Dollars ($3,000,000), dated as of the date hereof, executed by Borrowers in favor of Lender (the "Note"). The Loan shall be payable in accordance with the terms of the Note. The Note, this Agreement and any other instruments and documents executed by Borrowers, or any shareholder, member, partner, subsidiary or affiliate of Borrowers ("Affiliates"), now or hereafter evidencing, securing or in any way related to the indebtedness evidenced by the Note are herein
Evidence of Loan Indebtedness and Repayment. Subject to the terms and conditions hereof, on the Closing Date (as hereinafter defined), Lenders agree to loan to Borrowers the aggregate sum of Two Million Dollars ($2,000,000). Each Lender's portion of the Loan shall be in the amount set forth opposite each Lender's name on Exhibit A attached hereto. The Loan shall be evidenced by a Secured Promissory Note, substantially in the form of Exhibit B attached hereto and incorporated herein by this reference (individually, a "Note" and collectively, the "Notes"), dated as of the date hereof, executed by Borrowers, in the principal amount of each Lender's portion of the Loan. The Loan shall be payable in accordance with the terms of the Notes. The Notes, this Agreement and any other instruments and documents executed by Borrower, now or hereafter evidencing, securing or in any way relating to the indebtednesses evidenced by the Notes are herein individually referred to as a "Loan Document" and collectively referred to as the "Loan Documents."
Evidence of Loan Indebtedness and Repayment. Subject to the terms and conditions contained herein, the Lender shall make advances under the Loan to Borrower by wire transfer in immediately available funds. The Loan shall be evidenced by a Subordinated Secured Promissory Note in the original principal amount of Ten Million Dollars ($10,000,000), dated of even date herewith, executed by Borrower in favor of Lender (the "Note"). The Loan shall be payable in accordance with the terms of the Note. The Note, this Agreement and any other instruments and documents executed by Borrower or any guarantor of Borrower now or hereafter evidencing, securing or in any way related to the indebtedness evidenced by the Note are herein individually referred to as a "Loan Document" and collectively referred to as the "Loan Documents." The term "Obligations" as used herein shall refer to (a) all obligations of Borrower under this Agreement and the Note and (b) all future advances made by Lender for taxes, levies, insurance and preservation of the collateral securing Borrower's obligations under the Loan Documents and all attorneys' fees, court costs and expenses of whatever kind incident to the collection of any of such obligations and the enforcement and protection of the security interest created by the other Loan Documents.
Evidence of Loan Indebtedness and Repayment. Subject to the terms and ------------------------------------------- conditions hereof, Lender shall make the Loan to Borrower by wire transfer in immediately available funds. The Loan shall be advance to Borrower in up to eight (8) advances (individually, an "Advance" and collectively, the "Advances"). The first Advance was in the principal amount of $500,000 and was made on November 8, 1996. The second advance was in the principal amount of $500,000 and was made on December 26, 1996. Subsequent Advances shall be in amount of not less than $500,000 each (except for the last advance which may be for the remainder of the Loan amount) and shall be made as requested by Borrower, provided, however, that Lender's obligation to fund subsequent Advances shall be subject to the conditions set forth in Section 4.2. The Loan shall be evidenced by one (1) or more Secured Promissory Notes in the original principal amount of the applicable advance, substantially in the form of Exhibit A attached hereto and incorporated herein by this reference (individually, a "Note" and collectively, the "Notes"), dated as of the date of the applicable Advance, executed by Borrower, in favor of Lender. Each Advance shall be payable in accordance with the terms of the applicable Note. The Notes, this Agreement and any other instruments and documents executed by Borrower, any guarantor of the Loan, or any shareholder, member, partner, subsidiary, or affiliate of Borrower, now or hereafter evidencing, securing or in any way related to the indebtedness evidenced by the Notes are herein individually referred to as a "Loan Document" and collectively referred to as the "Loan Documents."
Evidence of Loan Indebtedness and Repayment. Subject to the terms and ------------------------------------------- conditions contained herein, on the Closing Date (as hereinafter defined), Lenders agree to collectively loan to Borrower the aggregate sum of Two Million Five Hundred Thousand Dollars ($2,500,000.00). Each Lender's portion of the Loan shall be in the amount set forth opposite each Lender's name on Exhibit A attached hereto. The Loan shall be evidenced by two secured promissory notes dated as of the date hereof and executed by Borrower in the principal amount of each Lender's portion of the Loan (individually, a "Note" and collectively, the "Notes"). The Loan shall be payable in accordance with the terms of the Notes. The Notes, this Agreement and any other instruments and documents executed by Borrower, any guarantor of Borrower, or any
Evidence of Loan Indebtedness and Repayment. Subject to the terms and conditions hereof, the Lender shall make the Loan to Borrower by wire transfer in immediately available funds as such funds become available in accordance with the terms of those facilities. The Loan shall be evidenced by Secured Promissory Notes in the original stated amounts of One Million Five Hundred Seventy-Five Thousand and No/100 Dollars ($1,575,000.00) and Eight Hundred Fifty Thousand and No/100 Dollars ($850,000.00), respectively, in substantially the form attached hereto as Exhibit A and incorporated herein by this reference, and dated May 7, 1997 and September 30, 1997, respectively, executed by Borrower (collectively the "Note").
Evidence of Loan Indebtedness and Repayment. Subject to the terms and conditions contained herein, the Lender shall make the Loan to Borrower by wire transfer in immediately available funds. The Loan shall be evidenced by a Secured Promissory Note in the original principal amount of Six Million Dollars ($6,000,000), dated as of the date hereof, executed by Borrower in favor of Lender (the "Note"). The Loan shall be payable in accordance with the terms of the Note. The Note, this Agreement and any other instruments and documents executed by Borrower, or any shareholder, member, partner, subsidiary or affiliate of Borrower ("Affiliates"), now or hereafter evidencing, securing or in any way related to the indebtedness evidenced by the Note are herein individually referred to as a
