Common use of Line of Credit Clause in Contracts

Line of Credit. This Agreement evidences a revolving line of credit. Advances under this Agreement may be requested only in writing by Borrower or by an authorized person. All communications, instructions, or directions by telephone or otherwise to Lender are to be directed to Lender's office shown above. The following party or parties are authorized to request advances under the line of credit until Lender receives from Borrower at Lender's address shown above written notice of revocation of their authority: EDWAXX X. XXXXXXX, XXESIDENT. Borrower agrees to be liable for all sums either: (a) advanced in accordance with the instructions of an authorized person or (b) credited to any of Borrower's accounts with Lender. The unpaid principal balance owing on this Agreement at any time may be evidenced by endorsements on this Agreement or by Lender's internal records, including daily computer print-outs. Lender will have no obligation to advance funds under this Agreement if: (a) Borrower or any guarantor is in default under the terms of this Agreement or any agreement that Borrower or any guarantor has with Lender, including any agreement made in connection with the signing of this Agreement; (b) Borrower or any guarantor ceases doing business or is insolvent; (c) any guarantor seeks, claims or otherwise attempts to limit, modify or revoke such guarantor's guarantee of this Agreement or any other loan with Lender; or (d) Borrower has applied funds provided pursuant to this Agreement for purposes other than those authorized by Lender; or (e) Lender in good faitx xxxxx xxxelf insecure under this Agreement or any other agreement between Lender and Borrower.

Line of Credit. This Agreement Note evidences a revolving line of credit. Advances under this Agreement Note may be requested only in writing orally by Borrower or by an authorized personas provided in this paragraph. Lender may, but need not, require that all oral requests be confirmed in writing. All communications, instructions, or directions by telephone or otherwise to Lender are to be directed to LenderXxxxxx's office shown above. The following party Advances under this Note may be requested in amounts of $25,000.00 or parties are authorized to greater. Any request for advances under the line of credit until Lender receives from Borrower at Lender's address shown above written notice of revocation of their authority: EDWAXX X. XXXXXXX, XXESIDENTless than $25,000.00 will not be honored. Borrower Xxxxxxxx agrees to be liable for all sums either: (a) advanced in accordance with the instructions of an authorized person or (b) credited to any of BorrowerXxxxxxxx's accounts with LenderXxxxxx. The unpaid principal balance owing on this Agreement Note at any time may be evidenced by endorsements on this Agreement Note or by LenderXxxxxx's internal records, including daily computer print-outs. Lender will have no obligation to advance funds under this Agreement Note if: (a) Borrower or any guarantor is in default under the terms of this Agreement Note or any agreement that Borrower or any guarantor has with Lender, including any agreement made in connection with the signing of this AgreementNote; (b) Borrower or any guarantor ceases doing business or is insolvent; (c) any guarantor seeks, claims or otherwise attempts to limit, modify or revoke such guarantor's guarantee of this Agreement Note or any other loan with Lender; or (d) Borrower has applied funds provided pursuant to this Agreement Note for purposes other than those authorized by Lender; or (e) Lender in good faitx xxxxx xxxelf xxxxx itself insecure under this Agreement Note or any other agreement between Lender and Borrower.

Line of Credit. This Agreement Note evidences a revolving straight line of credit. Once the total amount of principal has been advanced, Borrower is not entitled to further loan advances. Advances under this Agreement Note may be requested only either orally or in writing by Borrower or by an authorized person. Lender may, but need not, require that all oral requests be confirmed in writing. All communications, instructions, or directions by telephone or otherwise to Lender are to be directed to Lender's office shown above. The following party or parties are authorized to request advances under the line of credit until Lender receives from Borrower at Lender's address shown above written notice of revocation of their authority: EDWAXX X. XXXXXXX, XXESIDENT. Borrower agrees Borroxxx xxrees to be liable for all sums eitheraxx xxxx other: (aA) advanced in accordance with the instructions of an authorized person or (bB) credited to any of Borrower's accounts with Lender. The unpaid Txx xxxxxd principal balance owing balanxx xxxng on this Agreement Note at any time may be evidenced by endorsements on this Agreement Note or by Lender's internal records, including daily includixx xxxly computer print-outs. Lender will have no obligation to advance funds under this Agreement Note if: (aA) Borrower or any guarantor is in default under the terms of this Agreement Note or any agreement that Borrower or any guarantor has with Lender, including any agreement made in connection with the signing of this AgreementNote; (bB) Borrower or any guarantor ceases doing business or is insolvent; (cC) any guarantor seeks, claims or otherwise attempts to limit, modify or revoke such guarantor's guarantee of this Agreement Note or any other loan with Lender; or (dD) Borrower has applied funds provided pursuant to this Agreement Note for purposes other than those authorized by Lender; or (e) Lender in good faitx xxxxx xxxelf insecure under this Agreement or any other agreement between Lender and Borrower.

Line of Credit. This Agreement Note evidences a revolving straight line of credit. Once the total amount of principal has been advanced, Borrower is not entitled to further loan advances. Advances under this Agreement Note, as well as directions for payment from Xxxxxxxx’s accounts, may be requested only orally or in writing by Borrower or by an authorized person. All communicationsLender may, instructionsbut need not, or directions by telephone or otherwise to Lender are to require that all oral requests be directed to Lender's office shown aboveconfirmed in writing. The following party or parties are authorized to request advances under the line of credit until Lender Xxxxxx receives from Borrower at Lender's Xxxxxx’s address shown above written notice of revocation of their authority: EDWAXX X. XXXXXXX, XXESIDENTXxxxx Xxxx. Borrower Xxxxxxxx agrees to be liable for all sums either: (aA) advanced in accordance with the instructions of an authorized person or (bB) credited to any of Borrower's Xxxxxxxx’s accounts with LenderXxxxxx. The unpaid principal balance owing on this Agreement Note at any time may be evidenced by endorsements on this Agreement Note or by Lender's Xxxxxx’s internal records, including daily computer print-outs. Lender will have no obligation to advance funds under this Agreement if: Note if (aA) Borrower or any guarantor is in default under the terms of this Agreement Note or any agreement that Borrower or any guarantor has with Lender, including any agreement made in connection with the signing of this AgreementNote; (bB) Borrower or any guarantor ceases doing business or is insolvent; (cC) any guarantor seeks, claims or otherwise attempts to limit, modify or revoke such guarantor's ’s guarantee of this Agreement Note or any other loan with Lender; or (dD) Borrower has applied funds provided pursuant to this Agreement Note for purposes other than those authorized by Lender; or (e) Lender in good faitx xxxxx xxxelf xxxxx itself insecure under this Agreement Note or any other agreement between Lender and Borrower.

Line of Credit. This Agreement Note evidences a revolving line of credit. Advances under this Agreement Note, as well as directions for payment from Borrowers accounts, may be requested only orally or in writing by Borrower or by an authorized person. All communicationsLender may, instructionsbut need not, or directions by telephone or otherwise to Lender are to require that all oral requests be directed to Lender's office shown aboveconfirmed in writing. The following party or parties are authorized to request advances under the line of credit until untill Lender receives from Borrower at Lender's address shown above written notice of revocation of their authority: EDWAXX X. XXXXXXX, XXESIDENTXXXXXX X X XXXXXXX and XXXXXXX XXXXXXXXX. Borrower agrees to be liable for all sums either: (a) advanced in accordance with the instructions of an authorized person or (b) credited to any of Borrower's Borrowers accounts with Lender. The unpaid principal balance owing on this Agreement Note at any time may be evidenced by endorsements on this Agreement Note or by Lender's internal records, including daily computer print-outs. Lender will have no obligation to advance funds under this Agreement Note if: (a) Borrower or any guarantor is in default under the terms of this Agreement Note or any agreement that Borrower or any guarantor has with Lender, including any agreement made in connection with the signing of this AgreementNote; (b) Borrower or any guarantor ceases doing business or is insolvent; (c) any guarantor seeks, claims or otherwise attempts to limit, modify or revoke such guarantor's guarantee of this Agreement or any other loan with Lender; or (d) Borrower has applied funds provided pursuant to this Agreement for purposes other than those authorized by Lender; or (e) Lender in good faitx xxxxx xxxelf insecure under this Agreement or any other agreement between Lender and Borrower.otherwise

Line of Credit. This Agreement evidences a revolving line of credit. Advances under this Agreement may be requested only in writing by Borrower or by an authorized personas provided in this paragraph. All communications, instructions, or directions by telephone or otherwise to Lender are to be directed to Lender's office shown above. The following party or parties persons currently are authorized to request advances and authorize payments under the line of credit until Lender receives from Borrower Borrower, at Lender's address shown above above, written notice of revocation of their authority: EDWAXX X. XXXXXXXDario Echeverry, XXESIDENTPresident of PHONE 1, Inc, and Syed Arshad Naqvi, Xxxxx Xxxxxxxxx Officer of PHONE 1, INC. Borrower agrees to be liable agrxxx xx xx xxable for all sums either: (aA) advanced in accordance with the instructions of an authorized person or (bB) credited to any of Borrower's accounts with Lender. The unpaid principal balance owing on this Agreement at any time may be evidenced by endorsements on this Agreement or by Lender's internal records, including daily computer print-outs. Lender will have no obligation to advance funds under this Agreement if: (aA) Borrower or any guarantor is in default under the terms of this Agreement or any agreement that Borrower or any guarantor has with Lender, including any agreement made in connection with the signing of this Agreement; (bB) Borrower or any guarantor ceases doing business or is insolvent; (cC) any guarantor seeks, claims or otherwise attempts to limit, modify or revoke such guarantor's guarantee of this Agreement or any other loan with Lender; or (dD) Borrower has applied funds provided pursuant to this Agreement for purposes other than those authorized by Lender; or (eE) Lender in good faitx xxxxx xxxelf insecure under this Agreement or any other agreement between Lender and Borrowerfaith believes itself insecure.

Line of Credit. This Agreement Note evidences a revolving line of credit. Advances under this Agreement Note may be requested only either orally or in writing by Borrower or by an authorized personas provided in this paragraph. Lender may, but need not, require that all oral requests be confirmed in writing. All communications, instructions, or directions by telephone or otherwise to Lender are to be directed to Lender's office shown above. The following party or parties are authorized to request advances under the line of credit until Lender receives from Borrower at Lender's address shown above written notice of revocation of their authority: EDWAXX X. XXXXXXX, XXESIDENT. Borrower agrees to be liable for all sums either: (aA) advanced in accordance with the instructions of an authorized person or (bB) credited to any of Borrower's accounts with Lender. The unpaid principal balance owing on this Agreement Note at any time may be evidenced by endorsements on this Agreement Note or by Lender's internal records, including daily computer print-outs. Lender will have no obligation to advance funds under this Agreement Note if: (aA) Borrower or any guarantor is in default under the terms of this Agreement Note or any agreement that Borrower or any guarantor has with Lender, including any agreement made in connection with the signing of this AgreementNote; (bB) Borrower or any guarantor ceases doing business or is insolvent; (cC) any guarantor seeks, claims or otherwise attempts to limit, modify or revoke such guarantor's guarantee of this Agreement Note or any other loan with Lender; or (dD) Borrower has applied funds provided pursuant to this Agreement Note for purposes other than those authorized by Lender; or (eE) Lender in good faitx xxxxx xxxelf insecure under this Agreement or any other agreement between Lender and Borrowerfaith believes itself insecure. This revolving line of credit shall not be subject to Ch. 346 of the Texas Finance Code.

Line of Credit. This Agreement Note evidences a revolving line of credit. Advances under this Agreement Note may be requested only either orally or in writing by Borrower or by an authorized personas provided in this paragraph. Lender may, but need not, require that all oral requests be confirmed in writing. All communications, instructions, or directions by telephone or otherwise to Lender are to be directed to Lender's ’s office shown above. The following party or parties persons currently are authorized to request advances and authorize payments under the line of credit until Lender receives from Borrower Borrower, at Lender's ’s address shown above above, written notice of revocation of their authority: EDWAXX X. XXXXXXXMxxxxxx Xxxxxxxxxx, XXESIDENTChief Financial Officer of Niku Corporation; Jxxxxx Xxxxxx; and Nxxxx Xxxxx. Borrower agrees to be liable for all sums either: (aA) advanced in accordance with the instructions of an authorized person or (bB) credited to any of Borrower's ’s accounts with Lender. The unpaid principal balance owing on this Agreement Note at any time may be evidenced by endorsements on this Agreement Note or by Lender's ’s internal records, including daily computer print-outs. Lender will have no obligation to advance funds under this Agreement Note if: (aA) Borrower or any guarantor is in default under the terms of this Agreement Note or any agreement that Borrower or any guarantor has with Lender, including any agreement made in connection with the signing of this AgreementNote; (bB) Borrower or any guarantor ceases doing business or is insolvent; (c) any guarantor seeks, claims or otherwise attempts to limit, modify or revoke such guarantor's guarantee of this Agreement or any other loan with Lender; or (dC) Borrower has applied funds provided pursuant to this Agreement Note for purposes other than those authorized by Lender; or (e) Lender in good faitx xxxxx xxxelf insecure under this Agreement or any other agreement between Lender and Borrower.

Line of Credit. This Agreement evidences Note is a revolving line of credit. credit "master note." Advances under this Agreement Note may be requested only in writing by Borrower or by an authorized person. All communications, instructions, instructions or directions by telephone or otherwise to Lender are to be directed to Lender's office shown aboveat 000 Xxxxxxxxxx Xxxxxx, Xxx Xxxxxxx, Xxxxxxxxx 00000. The following party or parties persons are authorized to request advances under the line Line of credit Credit until Lender receives from Borrower at Lender's address shown above written notice of revocation of their authority: EDWAXX X. XXXXXXX, XXESIDENTXxxxx Xxxxxx or P. Xxxx Xxxxx. Borrower agrees to be liable for all sums either: either (a) advanced in accordance with the instructions of an authorized person or (b) credited pursuant to the Loan Agreement to any of Borrower's deposit accounts with Lender. The unpaid principal balance owing on this Agreement Note at any time may be evidenced by endorsements on this Agreement Note or by Lender's internal records, including daily computer print-outs. Lender will have no obligation to advance funds under this Agreement Note if: (a) Borrower or any guarantor is in default under the terms of this Agreement Note or any agreement that Borrower or any guarantor has with Lender, including the Loan Agreement and any other agreement made in connection with the signing of this AgreementNote; (b) Borrower or any guarantor ceases doing business or is insolvent; (c) any guarantor seeks, claims or otherwise attempts to limit, modify or revoke such guarantor's guarantee of this Agreement Note or any other loan with Lender; or (d) Borrower has applied funds provided pursuant to this Agreement Note for purposes other than those authorized by Lender; or (e) Lender in good faitx xxxxx xxxelf insecure under this Agreement or any other agreement between Lender and Borrowerpursuant to the Loan Agreement.

Line of Credit. This Agreement Note evidences a revolving line of credit. Advances under this Agreement Note may be requested only either orally or in writing by Borrower or by an authorized personas provided in this paragraph. Lender may, but need not, require that all oral requests he confirmed in writing. All communications, instructions, or directions by telephone or otherwise to Lender are to be directed to Lender's office shown above. The following party or parties persons currently are authorized to request advances and authorize payments under the line of credit until Lender receives from Borrower Borrower, at Lender's address shown above above, written notice of revocation of their authority: EDWAXX X. XXXXXXX, XXESIDENTXXXXXXX XXXXXX; and XXXXX XXXXXX. Borrower agrees to be liable for all sums either: (aA) advanced in accordance with the instructions of an authorized person or (bB) credited to any of Borrower's accounts with Lender. The unpaid principal balance owing on this Agreement Note at any time may be evidenced by endorsements on this Agreement Note or by Lender's internal records, including daily computer print-outs. Lender will have no obligation to advance funds under this Agreement Note if: (aA) Borrower or any guarantor is in default under the terms of this Agreement Note or any agreement that Borrower or any guarantor has with Lender, including any agreement made in connection with the signing of this AgreementNote; (bB) Borrower or any guarantor ceases doing business or is insolvent; (cC) any guarantor seeks, claims or otherwise attempts to limit, modify or revoke such guarantor's guarantee of this Agreement Note or any other loan with Lender; or (dD) Borrower has applied funds provided pursuant to this Agreement Note for purposes other than those authorized by Lender; or (eE) Lender in good faitx xxxxx xxxelf insecure under this Agreement or any other agreement between Lender and Borrowerfaith believes itself insecure.

Line of Credit. This Agreement Note evidences a revolving straight line of credit. Once the total amount of principal has been advanced, Borrower is not entitled to further loan advances. Advances under this Agreement Note may be requested only in writing orally by Borrower or by an authorized personas provided in this paragraph. Lender may, but need not, require that all oral requests be confirmed in writing. All communications, instructions, or directions by telephone or otherwise to Lender are to be directed to Lender's office shown above. The following party or parties are authorized as provided in this paragraph to request advances under the line of credit until Lender receives from Borrower at Lender's address shown above written notice of revocation of their authority: EDWAXX Richxxx X. XXXXXXX, XXESIDENTXxxxxxx. Xxder no circumstances shall Lender be required to make any advance in an amount less than $1,000.00. Borrower agrees to be liable for all sums either: (a) advanced in accordance with the instructions of an authorized person or (b) credited to any of Borrower's accounts with Lender. The unpaid principal balance owing on this Agreement Note at any time may be evidenced by endorsements on this Agreement Note or by Lender's internal records, including daily computer print-outs. Lender will have no obligation to advance funds under this Agreement Note if: (a) Borrower or any guarantor is in default under the terms of this Agreement Note or any agreement that Borrower or any guarantor has with Lender, including any agreement made in connection with the signing of this AgreementNote; (b) Borrower or any guarantor ceases doing business or is insolvent; (c) any guarantor seeks, claims or otherwise attempts to limit, modify or revoke such guarantor's guarantee of this Agreement Note or any other loan with Lender; or (d) Borrower has applied funds provided pursuant to this Agreement Note for purposes other than those authorized by Lender; or (e) Lender in good faitx xxxxx xxxelf insecure under this Agreement or any other agreement between Lender and Borrower.

Line of Credit. This Agreement evidences a revolving straight line of credit. Once the total amount of principal has been advanced, Borrower is not entitled to further loan advances. Advances under this Agreement may be requested only either orally or in writing by Borrower or by an authorized personas provided in this paragraph. Lender may, but need not, require that all oral requests be confirmed in writing. All communications, instructions, or directions by telephone or otherwise to Lender are to be directed to Lender's ’s office shown above. The following party or parties are person currently is authorized to request advances and authorize payments under the line of credit until Lender receives from Borrower Borrower, at Lender's ’s address shown above above, written notice of revocation of their his or her authority: EDWAXX GXXXX X. XXXXXXXXXXXXXXX, XXESIDENTPresident of SYNERGETICS, INC. (MISSOURI CORPORATION). Borrower agrees to be liable for all sums either: (aA) advanced in accordance with the instructions of an authorized person or (bB) credited to any of Borrower's ’s accounts with Lender. The unpaid principal balance owing on this Agreement at any time may be evidenced by endorsements on this Agreement or by Lender's ’s internal records, including daily computer print-outs. Lender will have no obligation to advance funds under this Agreement if: (aA) Borrower or any guarantor is in default under the terms of this Agreement or any agreement that Borrower or any guarantor has with Lender, including any agreement made in connection with the signing of this Agreement; (bB) Borrower or any guarantor ceases doing business or is insolvent; (cC) any guarantor seeks, claims or otherwise attempts to limit, modify or revoke such guarantor's ’s guarantee of this Agreement or any other loan with Lender; or (dD) Borrower has applied funds provided pursuant to this Agreement for purposes other than those authorized by Lender; or (eE) Lender in good faitx xxxxx xxxelf insecure under this Agreement or any other agreement between Lender and Borrowerfaith believes itself insecure.

Line of Credit. This Agreement Note evidences a revolving line of credit. Advances under this Agreement Note may be requested only in writing orally by Borrower or by an authorized person. Lender may, but need not, require that all oral requests be confirmed in writing. All communications, instructions, or directions by telephone or otherwise to Lender are to be directed to Lender's office shown above. The following party or parties are authorized to request advances under the line of credit until Lender receives from Borrower at Lender's address shown above written notice of revocation of their authority: EDWAXX X. XXXXXXXAVI FOX, XXESIDENTPRESIDENT/CO-CHAIRMAN; XXXXXX XXX, CEO/CO-CHAIRMAN; AND XXXXXX XXXX, CFO. Borrower agrees to be liable for all sums either: (a) advanced in accordance with the instructions of an authorized person or (b) credited to any of Borrower's accounts with Lender. The unpaid principal balance owing on this Agreement Note at any time may be evidenced by endorsements on this Agreement Note or by Lender's internal records, including daily computer print-outs. Lender will have no obligation to advance funds under this Agreement Note if: (a) Borrower or any guarantor is in default under the terms of this Agreement Note or any agreement that Borrower or any guarantor has with Lender, including any agreement made in connection with the signing of this AgreementNote; (b) Borrower or any guarantor ceases doing business or is insolvent; (c) any guarantor seeks, claims or otherwise attempts to limit, modify or revoke such guarantor's guarantee of this Agreement Note or any other loan with Lender; or (d) Borrower has applied funds provided pursuant to this Agreement Note for purposes other than those authorized by Lender; or (e) Lender in good faitx xxxxx xxxelf xxxxx itself insecure under this Agreement Note or any other agreement between Lender and Borrower.

Line of Credit. This Agreement Note evidences a revolving line of credit. Advances under this Agreement Note may be requested only either orally or in writing by Borrower or by an authorized person. All communications, instructions, or directions by telephone or otherwise to Lender are to be directed to Lender's office shown above. The following party or parties are person currently is authorized to request advances and authorize payments under the line of credit until Lender receives from Borrower Borrower, at Lender's address shown above above, written notice of revocation of their his or her authority: EDWAXX X. XXXXXXXJeffry B. Johnson, XXESIDENT. Chief Financial Officer and Treasurer of Xxxxx'x Xxxxxx Xxld-Inc. Borrower agrees to be liable for all sums alx xxxx either: (aA) advanced in accordance with the instructions of an authorized person or (bB) credited to any of Borrower's accounts with Lender. The unpaid principal balance owing on this Agreement Note at any time may be evidenced by endorsements on this Agreement Note or by Lender's internal records, including daily computer print-outs. Lender will have no obligation to advance funds under this Agreement Note if: (aA) Borrower or any guarantor is in default under the terms of this Agreement Note or any agreement that Borrower or any guarantor has with Lender, including any agreement made in connection with the signing of this AgreementNote; (bB) Borrower or any guarantor ceases doing business or is insolvent; (cC) any guarantor seeks, claims or otherwise attempts to limit, modify or revoke such guarantor's guarantee of this Agreement Note or any other loan with Lender; or (dD) Borrower has applied funds provided pursuant to this Agreement Note for purposes other than those authorized by Lender; or (eE) Lender in good faitx xxxxx xxxelf insecure under this Agreement or any other agreement between Lender and Borrowerfaith believes itself insecure.

Line of Credit. This Agreement Note evidences a revolving line of credit. Advances under this Agreement Note may be requested only in writing orally by Borrower or by an authorized person. All oral requests shall be confirmed in writing on the day of the request. All communications, instructions, or directions by telephone or otherwise to Lender are to be directed to Lender's office shown above. The following party or parties are authorized to request advances under the line of credit until Lender receives from Borrower at Lender's address shown above written notice of revocation of their authority: EDWAXX X. XXXXXXXColon A. Txxxxxx, XXESIDENTXxesident and Chief Executive Officer. Borrower agrees to be liable for all sums either: (a) advanced in accordance with the instructions of an authorized person or (b) credited to any of Borrower's accounts with Lender. The unpaid principal balance owing on this Agreement Note at any time may be evidenced by endorsements on this Agreement Note or by Lender's internal records, including daily computer print-outs. Lender will have no obligation to advance funds under this Agreement Note if: (a) Borrower or any guarantor is in default under the terms of this Agreement Note or any agreement that Borrower or any guarantor has with Lender, including any agreement made in connection with the signing of this AgreementNote; (b) Borrower or any guarantor ceases doing business or is insolvent; (c) any guarantor seeks, claims or otherwise attempts to limit, modify or revoke such guarantor's guarantee of this Agreement Note or any other loan with Lender; or (d) Borrower has applied funds provided pursuant to this Agreement Note for purposes other than those authorized by Lender; or (e) Lender in good faitx xxxxx xxxelf insecure under this Agreement Note or any other agreement between Lender and Borrower.

Line of Credit. This Agreement Note evidences a revolving line of credit. Advances under this Agreement Note, as well as directions for payment from Bxxxxxxx’s accounts, may be requested only orally or in writing by Borrower or by an authorized person. All communicationsLender may, instructionsbut need not, or directions by telephone or otherwise to Lender are to require that all requests be directed to Lender's office shown aboveconfirmed in writing. The following party or parties are authorized to request advances under the line of credit until Lender receives from Borrower at Lender's address shown above written notice of revocation of their authority: EDWAXX X. XXXXXXX, XXESIDENT. Borrower Bxxxxxxx agrees to be liable for all sums either: (aA) advanced in accordance with the instructions of an authorized person or (bB) credited to any of Borrower's Bxxxxxxx’s accounts with LenderLxxxxx. The unpaid principal balance owing on this Agreement Note at any time may be evidenced by endorsements on this Agreement Note or by Lender's Lxxxxx’s internal records, including daily computer print-outs. Lender will have no obligation to advance funds under this Agreement Note if: (aA) Borrower or any guarantor is in default under the terms of this Agreement Note or any agreement that Borrower or any guarantor has with Lenderlender, including any agreement made in connection with the signing of this AgreementNote; (bB) Borrower or any guarantor ceases doing business or is insolventInsolvent; (cC) any guarantor seeks, claims or otherwise attempts to limit, modify or revoke such guarantor's ’s guarantee of this Agreement Note or any other loan with Lender; or (dD) Borrower has applied funds provided pursuant to this Agreement Note for purposes other than those these authorized by Lender; or (eE) Lender in In good faitx xxxxx xxxelf insecure under this Agreement or any other agreement between Lender and Borrowerfaith believes itself insecure. This revolving line of credit shall not be subject to Ch. 346 of the Texas Finance Code.

Line of Credit. This Agreement Note evidences a revolving line of credit. Advances under this Agreement Note may be requested only in writing orally by Borrower or by an authorized person. Lender may, but need not, require that all oral requests be confirmed in writing. All communications, instructions, or directions by telephone or otherwise to Lender are to be directed to Lender's office shown above. The following party or parties are authorized to request advances under the line of credit until Lender receives from Borrower at Lender's address shown above written notice of revocation of their authority: EDWAXX Xxxxxx X. XXXXXXXXxxxx, XXESIDENTPresident. Borrower agrees to be liable for all sums either: (a) advanced in accordance with the instructions of an authorized person or (b) credited to any of Borrower's accounts with Lender. The unpaid principal balance owing on this Agreement Note at any time may be evidenced by endorsements on this Agreement Note or by Lender's internal records, including daily computer print-outs. Lender will have no obligation to advance funds under this Agreement Note if: (a) Borrower or any guarantor is in default under the terms of this Agreement Note or any agreement that Borrower or any guarantor has with Lender, including any agreement made in connection with the signing of this AgreementNote; (b) Borrower or any guarantor ceases doing business or is insolvent; (c) any guarantor seeks, claims or otherwise attempts to limit, modify or revoke such guarantor's guarantors guarantee of this Agreement Note or any other loan with Lender; or (d) Borrower has applied funds provided pursuant to this Agreement Note for purposes other than those authorized by Lender; or (e) Lender in good faitx xxxxx xxxelf xxxxx itself insecure under this Agreement Note or any other agreement between Lender and Borrower.

Line of Credit. This Agreement Note evidences a revolving line of credit. Advances under this Agreement Note may be requested only in writing orally by Borrower or by an authorized personas provided in this paragraph. All oral requests shall be confirmed in writing on the day of the request. All communications, instructions, or directions direction by telephone or otherwise to Lender are to be directed to Lender's office shown above. The following party or parties are person currently is authorized to request advances under and authorize payment sunder the line of credit until Lender receives from Borrower Borrower, at Lender's Lexxxx'x address shown above above, written notice of revocation of their his or her authority: EDWAXX X. XXXXXXXWarren F. Kruger, XXESIDENT. Borrower Manager, President & CEO of GREYSTONE MANUFACTURINX, X.X.X. Xxxxxxer agrees to be liable for all sums either: (aA) advanced in accordance with the instructions of an authorized person or (bB) credited to any of Borrower's accounts with Lender. The unpaid principal balance owing on this Agreement Note at any time may be evidenced by endorsements on this Agreement Note or by Lender's internal records, including daily computer print-outs. Lender will have no obligation to advance funds under this Agreement Note if: (aA) Borrower or any guarantor is in default under the terms of this Agreement Note or any agreement that Borrower or any guarantor has with Lender, including any agreement made in connection with the signing of this AgreementNote; (bB) Borrower or any guarantor ceases doing business or is insolvent; (cC) any guarantor seeks, claims or otherwise attempts to limit, modify or revoke such guarantor's guarantee of this Agreement Note or any other loan with Lender; or (dD) Borrower has applied funds provided pursuant to this Agreement Note for purposes other than those authorized by Lender; or (eE) Lender in good faitx xxxxx xxxelf insecure under this Agreement or any other agreement between Lender and Borrowerfaith believes itself insecure.

Line of Credit. This Agreement Note evidences a revolving line of credit. Advances Disbursements under this Agreement Note may be requested only either orally or in writing by any person designated by Borrower or by an authorized personto have such authority. Lender may, but need not, require that all oral requests be confirmed in writing. All communications, instructionsinstruction, or directions by telephone or otherwise to Lender are to be directed to Lender's office shown above. The following party or parties are authorized to request advances under the line of credit until telephone number and address designated by Lender receives from Borrower at Lender's address shown above written notice of revocation of their authority: EDWAXX X. XXXXXXX, XXESIDENT. Borrower agrees to be liable for all sums either: (a) advanced in accordance with the instructions of an authorized person or (b) credited to any of Borrower's accounts with Lenderwriting. The unpaid principal balance owing on this Agreement Note at any time may be evidenced by endorsements on this Agreement Note or by Lender's internal records, including daily computer print-outs. Lender will have no obligation to advance disburse funds under this Agreement Note if: (a) Borrower or any guarantor is in default under the terms of this Agreement Note or any agreement that Borrower or any guarantor has with Lender, including any agreement made in connection with the signing of this AgreementNote; (b) Borrower or any guarantor ceases doing business or is insolvent; (c) any guarantor seeks, claims or otherwise attempts to limit, modify or revoke such guarantor's guarantee of this Agreement Note or any other loan with Lender; or (d) Borrower has applied used funds provided disbursed pursuant to this Agreement Note for purposes other than those authorized by Lender; or (e) . Lender in good faitx xxxxx xxxelf insecure hereby authorizes and limits the moneys disbursed under this Agreement or any other agreement between Lender and Note for use only in connection with Borrower's farm management business.

Line of Credit. This Agreement evidences a revolving line of credit. credit Advances under this Agreement may be requested only in writing orally by Borrower or by an authorized personas provided in this paragraph. All oral requests shall be confirmed in writing on the day of the request. All communications, instructions, or directions by telephone or otherwise to Lender are to be directed to Lender's Lenders office shown above. The following party or parties persons currently are authorized to request advances and authorize payments under the line of credit until Lender receives from Borrower Borrower, at Lender's address shown above above, written notice of revocation of their authority: EDWAXX X. XXXXXXXPatrick Verderico, XXESIDENTPresident/CEO of Integrated Packaging Assembly Coxxxxxxxxx; xxx Xxncent R. Lepore, Controller/Secretary of Integrated Packaging Assexxxx Xxxxxxxxxxx. Borrower agrees to be liable for all sums either: (aA) advanced in accordance with the instructions of an authorized person or (bB) credited to any of Borrower's accounts with Lender. The unpaid principal balance owing on this Agreement at any time may be evidenced by endorsements on this Agreement or by Lender's internal records, including daily computer print-outs. Lender will have no obligation to advance funds under this Agreement if: (aA) Borrower or any guarantor is in default under the terms of this Agreement or any agreement that That Borrower or any guarantor has with Lender, including any agreement made in connection with the signing of this Agreement; (bB) Borrower or any guarantor ceases doing business or is insolvent; (cC) any guarantor seeks, claims or otherwise attempts to limit, modify or revoke such guarantor's guarantee of this Agreement or any other loan with Lender; or (dD) Borrower has applied funds provided pursuant to this Agreement for purposes other than those authorized by Lender; or (eE) Lender in good faitx xxxxx xxxelf insecure under this Agreement or any other agreement between Lender and Borrowerfaith believes itself insecure.

Line of Credit. This Agreement evidences a revolving line of credit. Advances under this Agreement may be requested only either orally or in writing by Borrower or by an authorized person. Lender may, but need not, require that all oral requests be confirmed in writing. All communications, instructions, or directions by telephone or otherwise to Lender are to be directed to Lender's office shown above. The following party or parties are authorized to request advances under the line of credit until Lender receives from Borrower at Lender's address shown above written notice of revocation of their authority: EDWAXX XXXXX X. XXXXXXX, XXESIDENTVice President/CFO. Borrower agrees to be liable for all sums either: (a) advanced in accordance with the instructions of an authorized person or (b) credited to any of Borrower's accounts with Lender. The unpaid principal balance owing on this Agreement at any time may be evidenced by endorsements on this Agreement or by Lender's internal records, including daily computer print-outs. Lender will have no obligation to advance funds under this Agreement if: (a) Borrower or any guarantor is in default under the terms of this Agreement or any agreement that Borrower or any guarantor has with Lender, including any agreement made in connection with the signing of this Agreement; (b) Borrower or any guarantor ceases doing business or is insolvent; (c) any guarantor seeks, claims or otherwise attempts to limit, modify or revoke such guarantor's guarantee of this Agreement or any other loan with Lender; or (d) Borrower has applied funds provided pursuant to this Agreement for purposes other than those authorized by Lender; or (e) Lender in good faitx xxxxx xxxelf xxxxx itself insecure under this Agreement or any other agreement between Lender and Borrower.

Line of Credit. This Agreement Note evidences a revolving line of credit. credit Advances under this Agreement Note may be requested only in writing orally by Borrower or by an authorized person. Lender may, but need not, require that all oral requests be confirmed in writing. All communications, instructions, or directions by telephone or otherwise to Lender are to be directed to Lender's office shown above. The following party or parties are authorized to request advances under the line of credit until Lender receives from Borrower at Lender's address shown above written notice of revocation of their authority: EDWAXX XXXXX X. XXXXXXXXXXXXXXX, XXESIDENTCHAIRMAN & CEO. Borrower agrees to be liable for all sums either: (a) advanced in accordance with the instructions of an authorized person or (b) credited to any of Borrower's accounts with Lender. The unpaid principal balance owing on this Agreement Note at any time may be evidenced by endorsements on this Agreement Note or by Lender's internal records, including daily computer print-outs. Lender will have no obligation to advance funds under this Agreement Note if: (a) Borrower or any guarantor is in default under the terms of this Agreement Note or any agreement that Borrower or any guarantor has with Lender, including any agreement made in connection with the signing of this AgreementNote; (b) Borrower or any guarantor ceases doing business or is insolvent; (c) any guarantor seeks, claims or otherwise attempts to limit, modify or revoke such guarantor's guarantee of this Agreement Note or any other loan with Lender; or (d) Borrower has applied funds provided pursuant to this Agreement Note for purposes other than those authorized by Lender; or (e) Lender in good faitx xxxxx xxxelf xxxxx itself insecure under this Agreement Note or any other agreement between Lender and Borrower.

Line of Credit. This Note is issued by Borrower pursuant to the Credit Agreement dated September __, 1997 between Borrower and Lender (the "Credit Agreement") and evidences a revolving line of credit. credit "master note." Advances under this Agreement Note may be requested only either orally or in writing by Borrower or by an authorized person. Lender may, but need not, require that all oral requests be confirmed in writing. All communications, instructions, or directions by telephone or otherwise to Lender are to be directed to Lender's office shown above. The following party or parties are authorized to request advances under the line of credit until Lender receives from Borrower at Lender's address shown above written notice of revocation of their authority: EDWAXX X. XXXXXXX, XXESIDENTPete Xxxxx. Borrower Xxrrower agrees to be liable for all sums either: (a) advanced in accordance with the instructions of an authorized person or (b) credited to any of Borrower's deposit accounts with Lender. The unpaid principal balance owing on this Agreement Note at any time may be evidenced by endorsements on this Agreement Note or by Lender's internal records, including daily computer print-outs. Lender will have no obligation to advance funds under this Agreement Note if: (a) Borrower or any guarantor is in default under the terms of this Agreement Note or any agreement that Borrower or any guarantor has with Lender, including any agreement made in connection with the signing of this AgreementNote; (b) Borrower or any guarantor ceases doing business or is insolvent; (c) any guarantor seeks, claims or otherwise attempts to limit, modify or revoke such guarantor's guarantee of this Agreement Note or any other loan with Lender; or (d) Borrower has applied funds provided pursuant to this Agreement Note for purposes other than those authorized by Lender; or (e) Lender in good faitx xxxxx xxxelf insecure under this Agreement or any other agreement between Lender and Borrower.

Line of Credit. This Agreement evidences a revolving line of credit. Advances under this Agreement may be requested only either orally or in writing by Borrower or by an any authorized person. Lender may, but need not, require that all oral requests be confirmed in writing. All communications, instructions, or directions by telephone or otherwise to Lender are to be directed to Lender's office shown above. The following party or parties are authorized to request advances under the line of credit until Lender receives from Borrower at Lender's address shown above written notice of revocation of their authority: EDWAXX X. XXXXXXXWALLXXX XXXX, XXCE PRESIDENT AND CFO; ALBION FITZXXXXXX, XXESIDENT/CEO; and ROB XXXXXXXX, XXP/COO. Borrower agrees to be liable for all sums either: (a) advanced in accordance with the instructions of an authorized person or (b) credited to any of Borrower's accounts with Lender. The unpaid principal balance owing on this Agreement at any time may be evidenced by endorsements on this Agreement or by Lender's internal records, including daily computer print-outs. Lender will have no obligation to advance funds funds, under this Agreement if: (a) Borrower or any guarantor is in default under the terms of this Agreement or any agreement that Borrower or any guarantor has with Lender, including any agreement made in connection with the signing of this Agreement; (b) Borrower or any guarantor ceases doing business or is insolvent; (c) any guarantor seeks, claims or otherwise attempts to limit, modify or revoke such guarantor's guarantee of this Agreement or any other loan with Lender; or (d) Borrower has applied funds provided pursuant to this Agreement for purposes other than those authorized by Lender; or (e) Lender in good faitx xxxxx xxxelf insecure under this Agreement or any other agreement between Lender and Borrower.

Line of Credit. This Agreement Note evidences a revolving straight line of credit. Once the total amount of principal has been advanced, Borrower is not entitled to further loan advances. Advances under this Agreement Note may be requested only in writing by Borrower or by an authorized personas provided in this paragraph. All communications, instructionsInstructions, or directions by telephone or otherwise to Lender are to be directed to Lender's office shown above. The following party or parties are authorized to request advances under the line of credit until Lender receives from Borrower at Lender's address shown above written notice of revocation of their authority: EDWAXX X. XXXXXXX, XXESIDENT. Borrower agrees to be liable for all sums either: (aA) advanced in accordance with the instructions Instructions of an authorized person or (bB) credited to any of Borrower's accounts with Lender. The unpaid principal balance owing on this Agreement Note at any time may be evidenced by endorsements on this Agreement Note or by Lender's internal records, including daily computer print-outs. Lender will have no obligation to advance funds under this Agreement ifNote If: (aA) Borrower or any guarantor is in default under the terms of this Agreement Note or any agreement that Borrower or any guarantor has with Lender, including any agreement made in connection with the signing of this AgreementNote; (bB) Borrower or any guarantor ceases doing business or is insolvent; (cC) any guarantor seeks, claims or otherwise attempts to limit, modify or revoke such guarantor's guarantee of this Agreement Note or any other loan with Lender; or (d0) Borrower has applied funds provided pursuant to this Agreement Note for purposes other than those authorized by Lender; or (eE) Lender in good faitx xxxxx xxxelf insecure under this Agreement or any other agreement between Lender and Borrowerfaith believes itself insecure.

Line of Credit. This Agreement Note evidences a revolving straight line of credit. Once the total amount of principal has been advanced, Borrower is not entitled to further loan advances. Advances under this Agreement Note may be requested only in writing orally by Borrower or by an authorized person. All oral requests shall be confirmed in writing on the day of the request. All communications, instructions, or directions by telephone or otherwise to Lender are to be directed to Lender's office shown above. The following party or parties are authorized to request advances under the line of credit until Lender receives from Borrower at Lender's address shown above written notice of revocation of their authority: EDWAXX J. XXXXXXX XXXXXX, PRESIDENT/CEO; and XXXXXXX X. XXXXXXXXXXXXXXXXX, XXESIDENTVP FINANCE/CFO. Borrower agrees to be liable for all sums either: (a) advanced in accordance with the instructions of an authorized person or (b) credited to any of Borrower's accounts with Lender. The unpaid principal balance owing on this Agreement Note at any time may be evidenced by endorsements on this Agreement Note or by Lender's internal records, including daily computer print-outs. Lender will have no obligation to advance funds under this Agreement Note if: (a) Borrower or any guarantor is in default under the terms of this Agreement Note or any agreement that Borrower or any guarantor has with Lender, including any agreement made in connection with the signing of this AgreementNote; (b) Borrower or any guarantor ceases doing business or is insolvent; (c) any guarantor seeks, claims or otherwise attempts to limit, modify or revoke such guarantor's guarantee of this Agreement Note or any other loan with Lender; or (d) Borrower has applied funds provided pursuant to this Agreement Note for purposes other than those authorized by Lender; or (e) Lender in good faitx xxxxx xxxelf xxxxx itself insecure under this Agreement Note or any other agreement between Lender and Borrower.

Line of Credit. This Agreement Note evidences a revolving line of credit. Advances under this Agreement Note may be requested only in writing by Borrower or by an authorized person. All communications, instructions, or directions by telephone or otherwise to Lender are to be directed to LenderXxxxxx's office shown above. The following party or parties are authorized to request advances under the line of credit until Lender Xxxxxx receives from Borrower at LenderXxxxxx's address shown above written notice of revocation of their authority: EDWAXX Xxxxxx X. XXXXXXXXxxx, XXESIDENTPresident; and Xxxxx Xxxx, Secretary. Borrower Xxxxxxxx agrees to be liable for all sums either: (a) advanced in accordance with the instructions of an authorized person or (b) credited to any of BorrowerXxxxxxxx's accounts with LenderXxxxxx. The unpaid principal balance owing on this Agreement Note at any time may be evidenced by endorsements on this Agreement Note or by LenderXxxxxx's internal records, records including daily computer print-outs. Lender will have no obligation to advance funds under this Agreement Note if: (a) Borrower or any guarantor is in default under the terms of this Agreement Note or any agreement that Borrower or any guarantor has with Lender, including any agreement made in connection with the signing of this AgreementNote; (b) Borrower or any guarantor ceases doing business or is insolvent; (c) any guarantor seeks, claims or otherwise attempts to limit, modify or revoke such guarantor's guarantee of this Agreement Note or any other loan with Lender; or (d) Borrower has applied funds provided pursuant to this Agreement Note for purposes other than those authorized by Lender; or (e) Lender in good faitx xxxxx xxxelf xxxxx itself insecure under this Agreement Note or any other agreement between Lender and Borrower.

Line of Credit. This Agreement evidences Xxxx Xxxx xxxxences a revolving line of credit. Advances under this Agreement Note may be requested only in writing orally by Borrower or by an authorized personas provided in this paragraph. Lender may, but need not, require that all oral requests be confirmed in writing. All communications, instructions, or directions by telephone or otherwise to Lender are to be directed to Lender's office shown above. The following Txx xxxlowing party or parties are authorized as provided in this paragraph to request advances under the line of credit until Lender receives from Borrower at LenderLxxxxx's address shown above written wrixxxx notice of revocation of their authority: EDWAXX X. XXXXXXXauthority Charles D. Whitsitt, XXESIDENTChief Finaxxxxx Xxxxxxx. Xxxances under this note are subject to the conditions and limitations set forth in the Business Loan Agreement of even date herewith. Borrower agrees to be liable for all sums fox xxx xxms either: (a) advanced in accordance with the instructions of an authorized person or (b) credited to any of Borrower's accounts with Lender. The unpaid Xxx xxxxid principal balance owing balanxx xxxng on this Agreement Note at any time may be evidenced by endorsements on this Agreement Note or by Lender's internal records, including inclxxxxx daily computer print-outs. Lender will have no obligation to advance funds under this Agreement Note if: (a) Borrower or any guarantor is in default under the terms of this Agreement Note or any agreement that Borrower or any guarantor has with Lender, including any agreement made in connection with the signing of this AgreementNote; (b) Borrower or any guarantor ceases doing business or is insolvent; (c) any guarantor seeks, claims or otherwise attempts to limit, modify or revoke such guarantor's guarantee of this Agreement Note or any other loan with Lender; or (d) Borrower has applied funds provided pursuant to this Agreement Note for purposes other than those authorized by Lender; or (e) Lender in good faitx xxxxx xxxelf faith deems itself insecure under this Agreement or xxxx Xxxx xr any other agreement between Lender and Borrower.

Line of Credit. This Agreement evidences a revolving line of credit. Advances under this Agreement may be requested only either orally or in writing by Borrower or by an authorized person. Lender may, but need not, require that all oral requests be confirmed in writing. All communications, instructions, or directions by telephone or otherwise to Lender are to be directed to Lender's office shown above. The following party or parties are authorized to request advances under the line of credit until Lender receives from Borrower at Lender's address shown above written notice of revocation of their authority: EDWAXX GREGXXX X. XXXXXXX, XXESIDENTXXCE PRESIDENT. Borrower agrees to be liable for all sums either: (a) advanced in accordance with the instructions of an authorized person or (b) credited to any of Borrower's accounts with Lender. The unpaid principal balance owing on this Agreement at any time may be evidenced by endorsements on this Agreement or by Lender's internal records, including daily computer print-outs. Lender will have no obligation to advance funds under this Agreement if: (a) Borrower or any guarantor is in default under the terms of this Agreement or any agreement that Borrower or any guarantor has with Lender, including any agreement made in connection with the signing of this Agreement; (b) Borrower or any guarantor ceases doing business or is insolvent; (c) any guarantor seeks, claims or otherwise attempts to limit, modify or revoke such guarantor's guarantee of this Agreement or any other loan with Lender; or (d) Borrower has applied funds provided pursuant to this Agreement for purposes other than those authorized by Lender; or (e) Lender in good faitx xxxxx xxxelf insecure under this Agreement or any other agreement between Lender lender and Borrower.

Line of Credit. This Agreement Note evidences a revolving line of credit. Advances under this Agreement Note may be requested only either orally or in writing by Borrower Xxxxxxxx or by an authorized personas provided in this paragraph. Lender may, but need not, require that all oral requests be confirmed in writing. All communications, instructions, or directions by telephone or otherwise to Lender are to be directed to LenderXxxxxx's office shown above. The following party or parties are authorized to request advances under the line of credit until Lender receives from Borrower at Lender's address shown above written notice of revocation of their authority: EDWAXX X. XXXXXXX, XXESIDENT. Borrower Xxxxxxxx agrees to be liable for all sums either: (aA) advanced in accordance with the instructions of an authorized person or (bB) credited to any of BorrowerXxxxxxxx's accounts with LenderXxxxxx. The unpaid principal balance owing on this Agreement Note at any time may be evidenced by endorsements on this Agreement Note or by LenderXxxxxx's internal records, including daily computer print-outs. Lender lender will have no obligation to advance funds under this Agreement Note if: (aA) Borrower or any guarantor is in default under the terms of this Agreement Note or any agreement that Borrower or any guarantor has with Lender, including any agreement made in connection with the signing of this AgreementNote; (b) B} Borrower or any guarantor ceases doing business or is insolvent; (cC) any guarantor seeks, claims or otherwise attempts to limit, modify or revoke such guarantor's guarantee of this Agreement Note or any other loan with Lender; or (dD) Borrower has applied funds provided pursuant to this Agreement Note for purposes other than those authorized by Lender; or (eE) Lender in good faitx xxxxx xxxelf insecure under this Agreement or faith believes itself insecure. FINANCIAL INFORMATION PROVISION, Xxxxxxxx agrees to deliver any financial and other agreement between Lender business information concerning Borrower that Xxxxxx may request from time to time, such as annual and Borrowerinterim financial statements (all of which shall be prepared in accordance with generally accepted accounting principles) and federal income tax returns.

Line of Credit. This Agreement Note evidences a revolving line of credit. Advances under this Agreement Note may be requested only in writing orally by Borrower or by an authorized personas provided in this paragraph. All oral requests shall be confirmed in writing on the day of the request. All communications, instructions, or directions by telephone or otherwise to Lender are to be directed to Lender's office shown above. The following party or parties are person currently is authorized to request advances and authorize payments under the line of credit until Lender receives from Borrower Borrower, at Lender's address shown above above, written notice of revocation of their his or her authority: EDWAXX X. XXXXXXXKELVYN CULLIMORE, XXESIDENTJR., President/CXX xx XXXXXXXXXXX XXXPORATION. Borrower agrees to be liable for all sums either: (aA) advanced in accordance with the instructions of an authorized person or (bB) credited to any of Borrower's accounts with Lender. The unpaid principal balance owing on this Agreement Note at any time may be evidenced by endorsements on this Agreement Note or by Lender's internal records, including daily computer print-outs. Lender will have no obligation to advance funds under this Agreement Note if: (aA) Borrower or any guarantor is in default under the terms of this Agreement or any agreement Note that Borrower or any guarantor has with Lender, including any agreement made in connection with the signing of this AgreementNote; (bB) Borrower or any guarantor ceases doing business or is insolvent; (cC) any guarantor seeks, claims or otherwise attempts to limit, modify or revoke such guarantor's guarantee of this Agreement Note or any other loan with Lender; or (dD) Borrower has applied funds provided pursuant to this Agreement Note for purposes other than those authorized by Lender; or (eE) Lender in good faitx xxxxx xxxelf insecure under this Agreement or any other agreement between Lender and Borrowerfaith believes itself insecure.

Line of Credit. This Agreement Note evidences a revolving line of credit. Advances under this Agreement Note, as well as directions for payment from Borrower's accounts, may be requested only orally or in writing by Borrower or by an authorized person. All communicationsLender may, instructionsbut need not, or directions by telephone or otherwise to Lender are to require that all oral requests be directed to Lender's office shown aboveconfirmed in writing. The following party or parties are authorized to request advances under the line of credit until Lender receives from Borrower at Lender's address shown above written notice of revocation of their authority: EDWAXX Xxxxxxx X. XXXXXXXXxxxxx, XXESIDENTChairman & Chief Executive Officer. Borrower agrees to be liable for all sums either: (a) advanced in accordance with the instructions of an authorized person or (b) credited to any of Borrower's accounts with Lender. The unpaid principal balance owing on this Agreement Note at any time may be evidenced by endorsements on this Agreement Note or by Lender's internal records, including daily computer print-outs. Lender will have no obligation to advance funds under this Agreement Note if: (a) Borrower or any guarantor is in default under the terms of this Agreement Note or any agreement that Borrower or any guarantor has with Lender, including any agreement made in connection with the signing of this AgreementNote; (b) Borrower or any guarantor ceases doing business or is insolvent; (c) any guarantor seeks, claims or otherwise attempts to limit, modify or revoke such guarantor's guarantee of this Agreement Note or any other loan with Lender; or (d) Borrower has applied funds provided pursuant to this Agreement Note for purposes other than those authorized by Lender; or (e) Lender in good faitx xxxxx xxxelf insecure under this Agreement or any other agreement between Lender and Borrower.

Line of Credit. This Agreement Note evidences a revolving straight line of credit. Once the total amount of principal has been advanced, Borrower is not entitled to further loan advances. Advances under this Agreement Note may be requested only in writing by Borrower or by an authorized personperson in accordance with the Development Incentive Agreement. All communications, instructions, instructions or directions by telephone or otherwise to Lender are to be directed to Lender's Xxxxxx’s office shown above. The following party or parties are authorized to request advances under the line of credit until Lender Xxxxxx receives from Borrower at Lender's Xxxxxx’s address shown above written notice of revocation of their authority: EDWAXX X. XXXXXXX, XXESIDENTor . Borrower Xxxxxxxx agrees to be liable for all sums either: (a) advanced in accordance with the instructions of an authorized person or (b) credited to any of Borrower's accounts with Lenderperson. The unpaid principal balance owing on this Agreement Note at any time may be evidenced by endorsements on this Agreement Note or by Lender's Xxxxxx’s internal records, including daily computer print-outsprintouts. Lender will have no obligation to advance funds under this Agreement Note if: (a) Borrower or any guarantor is in default under the terms of this Agreement Note or any agreement that Borrower or any guarantor has with Lender, including any agreement Development Incentive Agreement made in connection with the signing of this AgreementNote; (b) Borrower or any guarantor ceases doing business or is insolvent; (c) any guarantor seeks, claims or otherwise attempts to limit, modify or revoke such guarantor's ’s guarantee of this Agreement Note or any other loan with Lender; or (d) Borrower has applied funds provided pursuant to this Agreement Note for purposes other than those authorized by Lender; or (e) Lender in good faitx xxxxx xxxelf xxxxx itself insecure under this Agreement Note or any other agreement between Lender and Borrower.

Line of Credit. This Agreement Note evidences a revolving line of credit. Advances under this Agreement Note, as well as directions for payment from Borrower's accounts, may be requested only orally or in writing by Borrower or by an authorized personas provided in this paragraph. All communicationsLender may, instructionsbut need not, or directions by telephone or otherwise to Lender are to require that all oral requests be directed to Lender's office shown aboveconfirmed in writing. The following party or parties are authorized as provided in this paragraph to request advances under the line of credit until Lender receives from Borrower at Lender's address shown above written notice of revocation of their authority: EDWAXX X. XXXXXXXJOHN SCHAEFFER, XXESIDENTPRXXXXXXX; xxx XONNA MONTAG, CFO. XXXXXX XX XHESE PARTIES IS AUTHORIZED TO REQUEST ADVANCES. Borrower agrees to be liable for all sums either: (a) advanced in accordance with the instructions of an authorized person or (b) credited to any of Borrower's accounts with Lender. The unpaid principal balance owing on this Agreement Note at any time may be evidenced by endorsements on this Agreement Note or by Lender's internal records, including daily computer print-outs. Lender will have no obligation to advance funds under this Agreement Note if: (a) Borrower or any guarantor is in default under the terms of this Agreement Note or any agreement that Borrower or any guarantor has with Lender, including any agreement made in connection with the signing of this AgreementNote; (b) Borrower or any guarantor ceases doing business or is insolvent; (c) any guarantor seeks, claims or otherwise attempts to limit, modify or revoke such guarantor's guarantee of this Agreement Note or any other loan with Lender; or (d) Borrower has applied funds provided pursuant to this Agreement Note for purposes other than those authorized by Lender; or (e) Lender in good faitx xxxxx xxxelf insecure under this Agreement or any other agreement between Lender and Borrower.

Line of Credit. This Agreement Note evidences a revolving line of credit. Advances under this Agreement Note, as well as directions for payment from Xxxxxxxx's accounts, may be requested only orally or in writing by Borrower or by an authorized person. All communicationsLender may, instructionsbut need not, or directions by telephone or otherwise to Lender are to require that all oral requests be directed to Lender's office shown aboveconfirmed in writing. The following party or parties are authorized to request advances under the line of credit until Lender Xxxxxx receives from Borrower at LenderXxxxxx's address shown above written notice of revocation of their authority: EDWAXX Xxxxxxx X. XXXXXXXXxxxxx, XXESIDENTChairman & Chief Executive Officer; and Xxxxxx X. Xxxxxxxx, Vice President, Finance. Borrower Xxxxxxxx agrees to be liable for all sums either: (a) advanced in accordance with the instructions of an authorized person or (b) credited to any of BorrowerXxxxxxxx's accounts with LenderXxxxxx. The unpaid principal balance owing on this Agreement Note at any time may be evidenced by endorsements on this Agreement Note or by LenderXxxxxx's internal records, including daily computer print-outs. Lender will have no obligation to advance funds under this Agreement Note if: (a) Borrower or any guarantor is in default under the terms of this Agreement Note or any agreement that Borrower or any guarantor has with Lender, including any agreement made in connection with the signing of this AgreementNote; (b) Borrower or any guarantor ceases doing business or is insolvent; (c) any guarantor seeks, claims or otherwise attempts to limit, modify or revoke such guarantor's guarantee of this Agreement or any other loan with Lender; or (d) Borrower has applied funds provided pursuant to this Agreement for purposes other than those authorized by Lender; or (e) Lender in good faitx xxxxx xxxelf insecure under this Agreement or any other agreement between Lender and Borrower.================================================================================

Line of Credit. This Agreement Note evidences a revolving line of credit. Advances under this Agreement Note may be requested only in writing orally by Borrower or by an authorized personas provided in this paragraph. All oral requests shall be confirmed in writing on the day of the request. All communications, instructions, or directions by telephone or otherwise to Lender are to be directed to Lender's Xxxxxx’s office shown above. The following party or parties are person currently is authorized to request advances and authorize payments under the line of credit until Lender Xxxxxx receives from Borrower Borrower, at Lender's Xxxxxx’s address shown above above, written notice of revocation of their his or her authority: EDWAXX Xxxxx X. XXXXXXXXxxxxx, XXESIDENT. Borrower President/CEO of Coast Financial Holdings, Inc. Xxxxxxxx agrees to be liable for all sums either: (aA) advanced in accordance with the instructions of an authorized person or (bB) credited to any of Borrower's Xxxxxxxx’s accounts with LenderXxxxxx. PROMISSORY NOTE The unpaid principal balance owing on this Agreement Note at any time may be evidenced by endorsements on this Agreement Note or by Lender's Xxxxxx’s internal records, including daily computer print-outs. Lender will have no obligation to advance funds under this Agreement Note if: (aA) Borrower or any guarantor is in default under the terms of this Agreement Note or any agreement that Borrower or any guarantor has with Lender, including any agreement made in connection with the signing of this AgreementNote; (bB) Borrower or any guarantor ceases doing business or is insolvent; (cC) any guarantor seeks, claims or otherwise attempts to limit, modify or revoke such guarantor's ’s guarantee of this Agreement Note or any other loan with Lender; or (dD) Borrower has applied funds provided pursuant to this Agreement Note for purposes other than those authorized by Lender; or (eE) Lender in good faitx xxxxx xxxelf insecure under this Agreement or any other agreement between Lender and Borrowerfaith believes itself insecure.

Line of Credit. This Agreement Note evidences a revolving line of credit. Advances under this Agreement Note may be requested only either orally or in writing by Borrower or by an authorized person. Lender may, but need not, require that all oral requests be confirmed in writing. All communications, instructions, or directions by telephone or otherwise to Lender are to be directed to Lender's office shown above. The following party or parties are authorized to request advances under the line of credit until Lender receives from Borrower at Lender's address shown above written notice of revocation of their authority: EDWAXX Xxxxxxxx X. XXXXXXXXxxxx, XXESIDENTPHD, CEO. Borrower agrees to be liable for all sums either: (a) advanced in accordance with the instructions of an authorized person or (b) credited to any of Borrower's accounts with Lender. The unpaid principal balance owing on this Agreement Note at any time may be evidenced by endorsements on this Agreement Note or by Lender's internal records, including daily computer print-outs. Lender will have no obligation to advance funds under this Agreement Note if: (a) Borrower or any guarantor is in default under the terms of this Agreement Note or any agreement that Borrower or any guarantor has with Lender, including any agreement made in connection with the signing of this AgreementNote; (b) Borrower or any guarantor ceases doing business or is insolvent; (c) any guarantor seeks, claims or otherwise attempts to limit, modify or revoke such guarantor's guarantee of this Agreement Note or any other loan with Lender; or (d) Borrower has applied funds provided pursuant to this Agreement Note for purposes other than those authorized by Lender; or (e) Lender in good faitx xxxxx xxxelf xxxxx Itself insecure under this Agreement Note or any other agreement between Lender and Borrower.

Line of Credit. This Agreement Note evidences a revolving line of credit. Advances under this Agreement Note may be requested only in writing orally by Borrower or by an authorized personas provided in this paragraph. All oral requests shall be confirmed in writing on the day of the request. All communications, instructions, or directions by telephone or otherwise to Lender are to be directed to LenderXxxxxx's office shown above. The following party or parties are authorized as provided in this paragraph to request advances under the line of credit until Lender Xxxxxx receives from Borrower at LenderXxxxxx's address shown above written notice of revocation of their authority: EDWAXX Xxxxxxxxxxx X. XXXXXXXXxxxxxx, XXESIDENTChairman and Chief Executive Officer. Borrower Advance requests on the line of credit must be in a minimum amount of $5,000.00. Xxxxxxxx agrees to be liable for all sums either: (a) advanced in accordance with the instructions of an authorized person or (b) credited to any of BorrowerXxxxxxxx's accounts with LenderXxxxxx. The unpaid principal balance owing on this Agreement Note at any time may be evidenced by endorsements on this Agreement Note or by LenderXxxxxx's internal records, including daily computer print-outs. Lender will have no obligation to advance funds under this Agreement Note if: (a) Borrower or any guarantor is in default under the terms of this Agreement Note or any agreement that Borrower or any guarantor has with Lender, including any agreement made in connection with the signing of this AgreementNote; (b) Borrower or any guarantor ceases doing business or is insolvent; (c) any guarantor seeks, claims or otherwise attempts to limit, modify or revoke such guarantor's guarantee of this Agreement Note or any other loan with Lender; or (d) Borrower has applied funds provided pursuant to this Agreement Note for purposes other than those authorized by Lender; or (e) Lender in good faitx xxxxx xxxelf xxxxx itself insecure under this Agreement Note or any other agreement between Lender and Borrower.

Line of Credit. This Agreement Note evidences a revolving line of credit. Advances under this Agreement Note may be requested only either orally or in writing by Borrower or by an authorized personas provided in this paragraph. Lender may, but need not, require that all oral requests be confirmed in writing. All communications, instructions, or directions by telephone or otherwise to Lender are to be directed to Lender's ’s office shown above. The following party person or parties persons are authorized to request advances and authorize payments under the line of credit until Lender receives from Borrower Borrower, at Lender's ’s address shown above above, written notice of revocation of their such authority: EDWAXX Xxxx X. XXXXXXXXxxxxxxx, XXESIDENTXx, CEO and President of TOROTEL PRODUCTS, INC.; and H Xxxxx Xxxxxxx, CFO and Secretary of TOROTEL PRODUCTS, INC. Borrower agrees to be liable for all sums either: (aA) advanced in accordance with the instructions of an authorized person or (bB) credited to any of Borrower's ’s accounts with Lender. The unpaid principal balance owing on this Agreement Note at any time may be evidenced by endorsements on this Agreement Note or by Lender's ’s internal records, including daily computer print-outs. Lender will have no obligation to advance funds under this Agreement Note if: (aA) Borrower or any guarantor is in default under the terms of this Agreement Note or any agreement that Borrower or any guarantor has with Lender, including any agreement made in connection with the signing of this AgreementNote; (bB) Borrower or any guarantor ceases doing business or is insolvent; (cC) any guarantor seeks, claims or otherwise attempts to limit, modify or revoke such guarantor's ’s guarantee of this Agreement Note or any other loan with Lender; or (dD) Borrower has applied funds provided pursuant to this Agreement Note for purposes other than those authorized by Lender; or (eE) Lender in good faitx xxxxx xxxelf insecure under this Agreement or any other agreement between Lender and Borrowerfaith believes itself insecure.

Line of Credit. This Agreement Note evidences a revolving line of credit. Advances under this Agreement Note may be requested only in writing by Borrower Xxxxxxxx or by an authorized personas provided in this paragraph. All communications, instructions, or directions by telephone or otherwise to Lender are to be directed to LenderXxxxxx's office shown above. The following party or parties persons currently are authorized authorized, except as provided in this paragraph, to request advances and authorize payments under the line of credit until Lender Xxxxxx receives from Borrower Borrower, at LenderXxxxxx's address shown above above, written notice of revocation of their authority: EDWAXX Xxxxxxx Xxxxxx, President of Ministry Partners Investment Corporation, a California Corporation; and Xxxx X. XXXXXXXXxxxxxxx, XXESIDENTChairman of Ministry Partners Investment Corporation, a California Corporation. Borrower Any authorized officer may request advances. Xxxxxxxx agrees to be liable for all sums either: (aA) advanced in accordance with the instructions of an authorized person or (bB) credited to any of BorrowerXxxxxxxx's accounts with LenderXxxxxx. The unpaid principal balance owing on this Agreement Note at any time may be evidenced by endorsements on this Agreement Note or by LenderXxxxxx's internal records, including daily computer print-outs. Lender will have no obligation to advance funds under this Agreement Note if: (aA) Borrower or any guarantor is in default under the terms of this Agreement Note or any agreement that Borrower or any guarantor has with Lender, including any agreement made in connection with the signing of this AgreementNote; (bB) Borrower or any guarantor ceases doing business or is insolvent; (cC) any guarantor seeks, claims or otherwise attempts to limit, modify or revoke such guarantor's guarantee of this Agreement Note or any other loan with Lender; or (dD) Borrower has applied funds provided pursuant to this Agreement Note for purposes other than those authorized by Lender; or (eE) Lender in good faitx xxxxx xxxelf insecure under faith believes itself insecure. MATURITY DATE. This line of credit matures on March 31, 2003 and annually thereafter. The line of credit may be renewed and the credit limit expiration date/maturity date extended at the discretion of the lender upon receipt of the year end financial statements. FULL BANKING RELATIONSHIP REQUIREMENT. The terms of this Agreement or any other agreement between Lender and Borrowernote include the requirement that Borrower maintain their full depository relationship with Lender.