LOANS AND PAYMENTS Sample Clauses

LOANS AND PAYMENTS. Date Amount of Loan Payments of Principal Unpaid Principal Balance of Note Name of Person Making Notation
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LOANS AND PAYMENTS. All payments will be in United States Dollars and in immediately available funds. Interest will be computed on the basis of a 360-day year, actual days elapsed. All payments of principal, interest, fees and other charges on the Loans will be made by charging, and Borrower hereby authorizes CNB to charge, Borrower's demand deposit account at CNB for the amount of each such payment. Borrower must have sufficient collected balances in its demand deposit account with CNB in order that each such payment will be available when due. CNB is authorized to note the date, amount and interest rate of each Loan and each payment of principal and interest on CNB's books and records, which notations will constitute presumptive evidence of the accuracy of the information noted. Any Loan will be conclusively presumed to have been made to or for the benefit of Borrower when CNB, in its sole discretion, believes that the request therefor has been made by authorized persons (whether in fact that is the case), or when the Loan is deposited to the credit of Borrower's account with CNB, regardless of whether any Person other than Borrower may have authority to draw against such account.
LOANS AND PAYMENTS. All payments will be in United States Dollars and in immediately available funds. Interest will be computed on the basis of a 365 day year for Prime Loans and a 360 day year for LIBOR Loans, actual days elapsed. CNB is authorized to note the date, amount and interest rate of each Loan and each payment of principal and interest on CNB’s books and records, which notations will constitute presumptive evidence of the accuracy of the information noted. Any Loan will be conclusively presumed to have been made to or for the benefit of Borrower when CNB, in its sole discretion, but without gross negligence or willful misconduct, believes that the request therefor has been made by authorized persons (whether in fact that is the case), or when the Loan is deposited to the Demand Deposit Account, regardless of whether any Person other than Borrower may have authority to draw against such account.
LOANS AND PAYMENTS. All payments will be in United States Dollars and in immediately available funds. Interest will be computed on the basis of a 360-day year, actual days elapsed. All payments of principal, interest, fees and other charges on the Loans will be made directly to CNB at the address specified at the end of this agreement CNB is authorized to note the date, amount and interest rate of each Loan and each payment of principal and interest on CNB's books and records, which notations will constitute presumptive evidence of the accuracy of the information noted. Any Loan will be conclusively presumed to have been made to or for the benefit of Borrower when CNB, in its sole discretion, believes that the request therefor has been made by authorized persons (whether in fact that is the case), or when the Loan is deposited to the credit of Borrower's account with CNB, regardless of whether any Person other than Borrower may have authority to draw against such account.
LOANS AND PAYMENTS a. Except to the extent otherwise set forth in this Agreement (or in the case of an Interest Hedging Instrument under the applicable agreements), all payments of principal and of interest on the Revolving Credit, and all Expenses, fees, indemnification obligations and all other charges and any other Obligations of Borrower, shall be made to Lender at such office or account as Lender may direct from time to time, in United States dollars, in immediately available funds. Lender shall have the unconditional right and discretion and Borrower hereby authorizes Lender) to charge Borrower’s operating and/or deposit account(s) for all of Borrower’s Obligations as they become due from time to time under this Agreement including, without limitation, interest, principal, fees, indemnification obligations and reimbursement of Expenses. Alternatively, Lender may in its sole and absolute discretion (and Borrower hereby authorizes Lender to) make a Loan under the Revolving Credit in a sum sufficient to pay all interest accrued and payable on the Obligations and to pay all costs, fees and Expenses owing hereunder. Any payments received prior to 2:00 p.m. Eastern time on any Business Day shall be deemed received on such Business Day. Any payments (including any payment in full of the Obligations), received after 2:00 p.m. Eastern time on any Business Day shall be deemed received on the immediately following Business Day. b. Loans which may be made by Lender from time to time under the Revolving Credit shall be made available by crediting such proceeds to Borrower’s operating account with Lender or such other account designated by Borrower to Lender in writing. i. All Loans requested by Borrower under the Revolving Credit that are (a) LIBOR Rate Loans must be in the minimum amount of One Million Dollars ($1,000,000) and integral multiples of Five Hundred Thousand Dollars ($500,000) in excess thereof and (b) Base Rate Loans must be in the minimum amount of Five Hundred Thousand Dollars ($500,000) and integrated multiples of One Hundred Thousand Dollars ($100,000) in excess thereof. ii. All Loans requested by Borrower under the Revolving Credit are to be in writing pursuant to a written request (“Loan Request”) executed by an Authorized Officer in the form of Exhibit ”B” attached hereto. Requests for Base Rate Loans must be requested by 11:00 A.M., Eastern time, on the date such Loan is to be made. Requests for LIBOR Rate Loans must be requested three (3) Business Days in adv...
LOANS AND PAYMENTS. Date Amount Maturity Principal Payments Interest Unpaid Name of and Type Date Principal Person of Loan Balance Making of Note Notation ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------
LOANS AND PAYMENTS. Unpaid Principal Name of Person Amount and Payments of Balance of Making Date Type of Loan Principal Note Notation ---- ------------ --------- ---- -------- -------- --------------------- --------------- ------------------ -------------- -------- --------------------- --------------- ------------------ -------------- -------- --------------------- --------------- ------------------ -------------- -------- --------------------- --------------- ------------------ -------------- -------- --------------------- --------------- ------------------ -------------- -------- --------------------- --------------- ------------------ -------------- -------- --------------------- --------------- ------------------ -------------- -------- --------------------- --------------- ------------------ -------------- -------- --------------------- --------------- ------------------ -------------- -------- --------------------- --------------- ------------------ -------------- -------- --------------------- --------------- ------------------ -------------- -------- --------------------- --------------- ------------------ -------------- -------- --------------------- --------------- ------------------ -------------- -------- --------------------- --------------- ------------------ -------------- -------- --------------------- --------------- ------------------ -------------- -------- --------------------- --------------- ------------------ -------------- -------- --------------------- --------------- ------------------ -------------- -------- --------------------- --------------- ------------------ -------------- -------- --------------------- --------------- ------------------ -------------- -------- --------------------- --------------- ------------------ -------------- -------- --------------------- --------------- ------------------ -------------- -------- --------------------- --------------- ------------------ -------------- REVOLVING CREDIT NOTE $21,875,000 Atlanta, Georgia October 11, 2000 FOR VALUE RECEIVED, the undersigned, Ruby Tuesday, Inc., a Georgia corporation (the "Borrower"), hereby promises to pay to BANK OF AMERICA, N.A. (the "Lender") or its registered assigns, at the office of the Lender at 000 Xxxxx Xxxxx Xxxxxx, Charlotte, North Carolina, on the Revolving Commitment Termination Date (as defined in the Revolving Credit Agreement dated as of October 11, 2000 (as the same may be amended, supplemented or otherwise modified from time to time, the "Credit Agreement...
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LOANS AND PAYMENTS. Amount Type Payments Unpaid of of ------------------- Principal Notations Date Loan Loan Principal Interest Balance Made By ------ ------ ---- --------- -------- --------- ---------
LOANS AND PAYMENTS. Date Amount and Type of Loan Payments of Principal Unpaid Principal Balance of Note Name of Person Making Notation EXHIBIT A-2 LOANS AND PAYMENTS Date Amount and Type of Loan Payments of Principal Unpaid Principal Balance of Note Name of Person Making Notation EXHIBIT B
LOANS AND PAYMENTS. Unpaid Principal Principal Notation Date Loan Payments Balance Made By ------------------------------------------------------------------------------- ------------------------------------------------------------------------------- ------------------------------------------------------------------------------- ------------------------------------------------------------------------------- ------------------------------------------------------------------------------- ------------------------------------------------------------------------------- ------------------------------------------------------------------------------- ------------------------------------------------------------------------------- ------------------------------------------------------------------------------- ------------------------------------------------------------------------------- -------------------------------------------------------------------------------
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