Common use of Note Maintenance of Borrowing Base Payments Servicing and Collection Clause in Contracts

Note Maintenance of Borrowing Base Payments Servicing and Collection. 5.1 The Loan shall be evidenced by the Note and shall be repaid in immediately available funds according to the terms of the Note.

Appears in 3 contracts

Samples: Loan and Security Agreement (Silverleaf Resorts Inc), And Amended Loan and Security Agreement (Silverleaf Resorts Inc), Loan and Security Agreement (Trendwest Resorts Inc)

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Note Maintenance of Borrowing Base Payments Servicing and Collection. 5.1 The Loan shall be evidenced by the Note and shall be repaid according to its terms and such provisions of this Agreement as are applicable. Payments of the Loan and Note shall be made in immediately available funds according to the terms of the Notefunds.

Appears in 1 contract

Samples: Loan and Security Agreement (Signature Resorts Inc)

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