Form of Revolving Note. $ FOR VALUE RECEIVED, the undersigned, AMERICAN CAPITAL STRATEGIES, LTD., a Delaware corporation (“Borrower”), HEREBY PROMISES TO PAY to the order of (“Lender”), at the offices of Wachovia Bank, National Association as Administrative Agent for Lenders (“Administrative Agent”), at its address at 000 Xxxxx Xxxxxxx Xxxxxx, Xxxxxxxxx, Xxxxx Xxxxxxxx 00000-0000, or at such other place as Administrative Agent may designate from time to time in writing, in lawful money of the United States of America and in immediately available funds, the amount of and NO/100 DOLLARS ($ ) or, if less, the aggregate unpaid amount of all Revolving Loans made to the undersigned under the “Credit Agreement” (as hereinafter defined). All capitalized terms used but not otherwise defined herein have the meanings given to them in the Credit Agreement. This Revolving Note is one of the Revolving Notes issued pursuant to that certain Credit Agreement dated as of June [ ], 2005, by and among Borrower, Administrative Agent, Lender and the other Persons signatory thereto from time to time as Lenders (including all annexes, exhibits and schedules thereto, and as from time to time amended, restated, supplemented or otherwise modified, the “Credit Agreement”), and is entitled to the benefit and security of the Credit Agreement and all of the other Credit Documents referred to therein. Reference is hereby made to the Credit Agreement for a statement of all of the terms and conditions under which the Revolving Loan evidenced hereby is made and is to be repaid. The date and amount of each Revolving Loan made by Lenders to Borrower, the rates of interest applicable thereto and each payment made on account of the principal thereof, shall be recorded by Administrative Agent on its books; provided that the failure of Administrative Agent to make any such recordation shall not affect the obligations of Borrower to make a payment when due of any amount owing under the Credit Agreement or this Revolving Note in respect of the Revolving Loans made by Lender to Borrower. The principal amount of the indebtedness evidenced hereby shall be payable in the amounts and on the dates specified in the Credit Agreement, the terms of which are hereby incorporated herein by reference. Interest thereon shall be paid until such principal amount is paid in full at such interest rates and at such times, and pursuant to such calculations, as are specified in the Credit Agreement. The terms of the Credit Agreement are hereb...
Form of Revolving Note. The Revolving Loan shall be evidenced by a Revolving Note in the face amount of $35,000,000.00, and shall be in the form of Exhibit "B" hereto with appropriate insertion. Notwithstanding the principal amount of the Revolving Note, as stated on the face thereof, the actual principal amount due from Borrower to Bank on account of the Revolving Note, as of any date of computation, shall be the sum of Advances then and theretofore made on account thereof, less all principal payments or prepayments actually received by Bank in collected funds with respect thereto. Although the Revolving Note shall be dated as of the Effective Date, interest in respect thereof shall be payable only for the period during which the loans evidenced thereby are outstanding and, although the stated amount of the Revolving Note may be higher, the Revolving Note shall be enforceable, with respect to Borrower's obligation to pay the principal amount thereof, only to the extent of the unpaid principal amount of the applicable Advances.
Form of Revolving Note. The third paragraph of Exhibit IV to the Credit Agreement is hereby amended by deleting the reference to "$275,000,000" and substituting "$350,000,000" therefor.
Form of Revolving Note. $ ___, 20___ For value received, the undersigned WILLBROS UNITED STATES HOLDINGS, INC., a Delaware corporation (the “Borrower”), hereby promises to pay to the order of (“Payee”) the principal amount of and No/100 Dollars ($ ) or, if less, the aggregate outstanding principal amount of the Revolving Advances (as defined in the Credit Agreement referred to below) made by the Payee to the Borrower, together with interest on the unpaid principal amount of the Revolving Advances from the date of such Revolving Advances until such principal amount is paid in full, at such interest rates, and at such times, as are specified in the Credit Agreement (as defined below). The Borrower may make prepayments on this Note in accordance with the terms of the Credit Agreement. This Note is one of the notes referred to in, and is entitled to the benefits of, and is subject to the terms of, the Credit Agreement dated as of June 30, 2010 (as the same may be amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”), among the Borrower, Willbros Group, Inc., a Delaware corporation, and certain subsidiaries thereof, as guarantors, the lenders from time to time party thereto (the “Lenders”), Crédit Agricole Corporate and Investment Bank, as administrative agent for the Lenders (in such capacity, the “Administrative Agent”), Collateral Agent and Issuing Bank, UBS Securities LLC, as Syndication Agent, and Natixis, The Bank of Nova Scotia and Capital One, N.A., as Co-Documentation Agents. Capitalized terms used in this Note that are defined in the Credit Agreement and not otherwise defined in this Note have the meanings assigned to such terms in the Credit Agreement. The Credit Agreement, among other things, (a) provides for the making of the Revolving Advances by the Payee to the Borrower in an aggregate amount not to exceed at any time outstanding the Dollar amount first above mentioned and (b) contains provisions for acceleration of the maturity of this Note upon the happening of certain events stated in the Credit Agreement and for prepayments of principal prior to the maturity of this Note upon the terms and conditions specified in the Credit Agreement. Both principal and interest are payable in lawful money of the United States of America to the Administrative Agent at the location or address specified by the Administrative Agent to the Borrower in same day funds. The Payee shall record payments of principal made under this Note, but no fai...
Form of Revolving Note. PROMISSORY NOTE
Form of Revolving Note. The Revolving Loan shall be evidenced by a Revolving Note (including the Amended and Restated Revolving Promissory Note, the Second Amended and Restated Revolving Promissory Note and the Third Amended and Restated Revolving Promissory Note executed contemporaneously herewith by the Borrower) in the face amount of $15,000,000, and shall be in the form of Exhibit “A-1,” annexed hereto. Notwithstanding the principal amount of the Revolving Note, as stated on the face thereof, the actual principal amount due from Borrowers jointly and severally on account of the Revolving Note, as of any date of computation, shall be the sum of Advances then and theretofore made on account thereof, less all principal payments actually received by Bank in collected funds with respect thereto. Although the Revolving Note shall be dated as of the Effective Date, interest in respect thereof shall be payable only for the period during which the loans evidenced thereby are outstanding and, although the stated amount of the Revolving Note may be higher, the Revolving Note shall be enforceable, with respect to Borrowers’ joint and several obligation to pay the principal amount thereof, only to the extent of the unpaid principal amount of the such loans.
Form of Revolving Note. The registrant agrees to furnish supplementally a copy of any omitted schedule to the Commission upon request. The registrant agrees to furnish supplementally a copy of any omitted schedule to the Commission upon request.
Form of Revolving Note. $_____________ May __, 2004
Form of Revolving Note. Exhibit 1.
Form of Revolving Note. The Revolving Loans shall continue to be evidenced by the Revolving Note. Notwithstanding the face amount of the Note, the actual principal amount due from Borrower to the Lender on account of the Revolving Note, as of any date of computation, shall be the sum of Advances then and theretofore made on account thereof, less all principal payments actually received by Lender in collected funds with respect thereto. Although the Revolving Note is dated May 24, 2002, interest in respect thereof shall be payable only for the period during which the loans evidenced thereby are outstanding and, although the stated amount of the Revolving Note may be higher, the Revolving Note shall be enforceable, with respect to Borrower's obligation to pay the principal amount thereof, only to the extent of the unpaid principal amount of the loans.
