Common use of Evidence of Loan Indebtedness and Repayment Clause in Contracts

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 evidenced by a Secured Promissory Note in the original principal amount of One Million and Five Hundred Thousand and No/100ths Dollars ($1,500,000), 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, member, partner, 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."

Appears in 1 contract

Samples: Security Agreement (Data National Corp)

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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 evidenced by a Secured Promissory Note in the original principal amount of One Three Million and Five Hundred Thousand and No/100ths Dollars ($1,500,0003,000,000.00), 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, member, partner, subsidiary, or affiliate shareholder 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."

Appears in 1 contract

Samples: Loan Agreement (Radiant Systems Inc)

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 Three Million and Five Hundred Thousand and No/100ths Dollars ($1,500,0003,000,000), 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, member, partner, 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."

Appears in 1 contract

Samples: Loan Agreement (Factory Card Outlet Corp)

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 Four Million and Five Three Hundred Thousand and No/100ths Dollars ($1,500,0004,300,000.00), 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 BorrowerGuarantor, or any shareholder, member, partner, subsidiary, subsidiary or affiliate of Borrowerthe Debtor Parties, 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."

Appears in 1 contract

Samples: Loan Agreement (Master Graphics Inc)

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 Four Million and Five Hundred Thousand and No/100ths No/l00ths Dollars ($1,500,0004,000,000), 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, member, partner, 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."

Appears in 1 contract

Samples: Loan Agreement (Factory Card Outlet Corp)

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 Two Million and Five Hundred Thousand and No/100ths No/l00ths Dollars ($1,500,0002,000,000), 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, member, partner, subsidiary, 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."

Appears in 1 contract

Samples: Loan Agreement (Merge Technologies Inc)

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 and Five Hundred Thousand and No/100ths Dollars ($1,500,000), 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 Agreement, the Guaranty and any other instruments and documents executed by Borrower, any guarantor of Borrower, or any shareholder, member, partner, subsidiary, or affiliate of Borrowerdocuments, 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."

Appears in 1 contract

Samples: Loan Agreement (Horizon Medical Products Inc)

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 and Five Hundred Seventy-Five Thousand and No/100ths Dollars ($1,500,0001,575,000.00), 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, member, partner, subsidiary, 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."

Appears in 1 contract

Samples: Loan Agreement (American Consolidated Laboratories Inc)

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Evidence of Loan Indebtedness and Repayment. Subject to the terms and conditions hereof, Lender Lenders shall make advance an aggregate total of $3,000,000.00 of the Loan proceeds to Borrower by wire transfer on the date hereof to or for the benefit of Borrower in immediately available funds. The Loan shall be evidenced by a Secured Promissory Note Notes in the original aggregate principal amount of One Three Million and Five Hundred Thousand and No/100ths Dollars ($1,500,0003,000,000.00), substantially in the form of Exhibit A Exhibits A-1 and A-2 attached hereto and incorporated herein by this reference (the "NoteNotes"), dated as of the date hereof, and executed by BorrowerBorrower to the order of Lenders, in favor of Lenderrespectively. The Loan shall be payable in accordance with the terms of the Note. The NoteNotes, this Agreement and any other instruments and documents executed by Borrower, any Subsidiary (as hereinafter defined), any guarantor of Borrower, or any shareholder, member, partner, subsidiary, or affiliate shareholder of Borrower, now or hereafter evidencing, securing or in any way related to the indebtedness evidenced by the Note are herein Notes (all such notes, instruments, agreements and other documents being hereinafter sometimes individually referred to as a "Loan Document" and collectively referred to as the "Loan Documents")."

Appears in 1 contract

Samples: Loan Agreement (Dynagen Inc)

Evidence of Loan Indebtedness and Repayment. Subject to the terms and conditions hereof, Lender shall make 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 to Borrower by wire transfer shall be in immediately available fundsthe amount set forth opposite each Lender's name on Exhibit A attached hereto. The Loan shall be evidenced by a Secured Promissory Note in the original principal amount of One Million and Five Hundred Thousand and No/100ths Dollars ($1,500,000)Note, substantially in the form of Exhibit A B attached hereto and incorporated herein by this reference (individually, a "Note" and collectively, the "NoteNotes"), dated as of the date hereof, executed by BorrowerBorrowers, in favor the principal amount of each Lender's portion of the Loan. The Loan shall be payable in accordance with the terms of the NoteNotes. The NoteNotes, 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, now or hereafter evidencing, securing or in any way related relating to the indebtedness indebtednesses evidenced by the Note Notes are herein individually referred to as a "Loan Document" and collectively referred to as the "Loan Documents."

Appears in 1 contract

Samples: Loan and Security Agreement (Ild Telecommunications Inc)

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 evidenced by a Secured Promissory Note in the original principal amount of One Four Million and Five Hundred Thousand and No/100ths Dollars ($1,500,0004,000,000), 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, member, partner, 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."

Appears in 1 contract

Samples: Loan Agreement (Paysys International Inc)

Evidence of Loan Indebtedness and Repayment. Subject to the terms and conditions hereof, the Lender shall make the Loan to Borrower Borrowers by wire transfer in immediately available funds. The Loan shall be evidenced by a Secured Subordinated Promissory Note in the original principal amount of One Four Million and Five Hundred Thousand and No/100ths Dollars ($1,500,0004,000,000.00), 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 BorrowerBorrowers, 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, Borrowers or any shareholder, member, partner, subsidiary, or affiliate shareholder of either 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."

Appears in 1 contract

Samples: Loan Agreement (Compass Plastics & Technologies Inc)

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