Common use of Line of Credit Notes Clause in Contracts

Line of Credit Notes. The Line of Credit shall be evidenced by promissory notes of the Companies, each in the form of Exhibit "C" hereto, dated the Effective Date, and payable to each Lender respectively (together with any and all renewals, extensions, rearrangements and/or modifications thereof, the "Line of Credit Notes"), in the amount of the Lenders' respective Line of Credit Commitments, with appropriate insertions, and payable in full on the Drawdown Termination Date.

Appears in 2 contracts

Samples: Revolving Credit and Term Loan Agreement (Tidewater Inc), Revolving Credit and Term Loan Agreement (Tidewater Inc)

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Line of Credit Notes. The Line of Credit shall be evidenced by promissory notes of the Companies, each in the form of Exhibit "C" hereto, dated the Effective Date, and payable to each Lender respectively (together with any and all renewals, extensions, rearrangements and/or modifications thereof, the "Line of Credit Notes"), in the amount of the Lenders' respective Line of Credit Commitments, with appropriate insertions, and payable in full on the Drawdown Termination Date.

Appears in 1 contract

Samples: Revolving Credit Agreement (Tidewater Inc)

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Line of Credit Notes. The Line of Credit shall be evidenced by -------------------- promissory notes of the Companies, each in the form of Exhibit "C" hereto, dated ----------- the Effective Date, and payable to each Lender respectively (together with any and all renewals, extensions, rearrangements and/or modifications thereof, the "Line of Credit Notes"), in the amount of the Lenders' respective Line of Credit Commitments, with appropriate insertions, and payable in full on the Drawdown Termination Date.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Tidewater Inc)

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