Common use of Notes; Repayment of Loans Clause in Contracts

Notes; Repayment of Loans. (a) All Loans made by a ------------------------- Lender shall be evidenced by a single Note, duly executed by the Borrowers, dated the Effective Date, and delivered to and made jointly and severally payable to the order of such Lender in a principal amount equal to its Commitment on such date.

Appears in 1 contract

Samples: Financing Agreement (Norton McNaughton Inc)

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Notes; Repayment of Loans. (a) All Loans made by a ------------------------- Lender Each Loan shall be evidenced by a single Note, duly executed by on behalf of the Borrowersapplicable Borrower, dated the Effective Closing Date, and delivered to and made jointly and severally payable to the order of such Lender in a principal amount equal to its Commitment on such date.

Appears in 1 contract

Samples: Credit Agreement (Rb Asset Inc)

Notes; Repayment of Loans. (a) All Loans The Loan made by a ------------------------- Lender shall be evidenced by a single Note, each duly executed by the BorrowersBorrower, dated the Effective DateDate (or, in the case of the Loan made by any Additional Lender, the effective date of the Joinder Agreement of such Additional Lender) and delivered to and made jointly and severally payable to the order of such Lender in a principal amount equal to its Commitment on such dateLender's Commitment.

Appears in 1 contract

Samples: Financing Agreement (Starband Communications Inc)

Notes; Repayment of Loans. (a) All Revolving Credit Loans made by a ------------------------- Lender shall be evidenced by a single Revolving Credit Note, duly executed by the Borrowers, dated the Effective Date, and delivered to and made jointly and severally payable to the order of such Lender in a principal amount equal to its Revolving Credit Commitment on such date.

Appears in 1 contract

Samples: Financing Agreement (Aris Industries Inc)

Notes; Repayment of Loans. (a) All Loans made by a ------------------------- Lender shall be evidenced by a single Note, duly executed by on behalf of the Borrowers, dated the Effective Date, and delivered to and made jointly and severally payable to the order of such Lender in a principal amount equal to its Commitment Credit Exposure on such date.

Appears in 1 contract

Samples: Financing Agreement (Happy Kids Inc)

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Notes; Repayment of Loans. (a) All Loans made by a ------------------------- Lender Each Loan shall be evidenced by a single Note, duly executed by the Borrowers, dated the Effective Date, and delivered to and made jointly and severally payable to the order of such Lender Note in a principal amount equal to its the Commitment for such Loan, duly executed on such datebehalf of the applicable Borrower, dated the Closing Date.

Appears in 1 contract

Samples: Credit Agreement (River Distribution Sub Inc)

Notes; Repayment of Loans. (a) All Revolving ------------------------- Credit Loans made by a ------------------------- Lender shall be evidenced by a single Revolving Credit Note, duly executed by the Borrowerson behalf of Borrower, dated the Effective Closing Date, in substantially the form of Exhibit A hereto, delivered and delivered to and made jointly and severally payable to the order of such Lender in a principal amount equal to its Revolving Credit Commitment in respect of the Borrower on such date.

Appears in 1 contract

Samples: Credit Agreement (Milgray Electronics Inc)

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