Line of Credit Notes; Repayment of Principal. (1) Borrower's obligations to pay the principal of, and interest on, the Syndicate Loans and the Competitive Bid Loans to each Lender shall be evidenced by the records of the Administrative Agent and such Lender and by the Syndicate Note and the Competitive Bid Note, respectively, payable to such Lender (or the assignor of such Lender) completed in conformity with this Agreement.
Appears in 2 contracts
Samples: Credit Agreement (Hughes Supply Inc), Credit Agreement (Hughes Supply Inc)
Line of Credit Notes; Repayment of Principal. (1a) Borrower's obligations to pay the principal of, and interest on, the Syndicate Loans and the Competitive Bid Loans to each Lender shall be evidenced by the records of the Administrative Agent and such Lender and by the Syndicate Note and the Competitive Bid Note, respectively, payable to such Lender (or the assignor of such Lender) completed in conformity with this Agreement.
Appears in 1 contract
Line of Credit Notes; Repayment of Principal. (1) Borrower's obligations to pay the principal of, and interest on, the Syndicate Loans and the Competitive Bid Loans to each Lender shall be evidenced by the records of the Administrative Agent and such Lender and by the Syndicate Note and the Competitive Bid Note, respectively, payable to such Lender (or the assignor of such Lender) completed in conformity with this AgreementAgreement .
Appears in 1 contract
Samples: Credit Agreement (Hughes Supply Inc)