Common use of Notes; Repayment of Principal Clause in Contracts

Notes; Repayment of Principal. (a) Borrower’s obligations to pay the principal of, and interest on, the Revolving Loans to the Lender shall be evidenced by the records of the Lender and by the Note payable to the Lender completed in conformity with this Agreement. (b) All outstanding principal amounts under the Revolving Loans shall be due and payable in full on the Maturity Date.

Appears in 1 contract

Samples: Revolving Loan Agreement (Brown & Brown Inc)

AutoNDA by SimpleDocs

Notes; Repayment of Principal. (a) The Borrower’s 's obligations to pay the principal of, and interest on, the Revolving Term Loans to the each Lender shall be evidenced by the records of the Agent and such Lender and by the Term Note payable to such Lender (or the Lender assignor of such Lender) completed in conformity with this Agreement. (b) All outstanding principal amounts under the Revolving Loans Term Loans, if not sooner paid, shall be due and payable in full on the Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Morrison Restaurants Inc/)

Notes; Repayment of Principal. (a) Borrower’s 's obligations to pay the principal of, and interest on, the Revolving Loans to the each Lender shall be evidenced by the records of the Administrative Agent and such Lender and by the Note payable to such Lender (or the Lender assignor of such Lender) completed in conformity with this Agreement. (b) All outstanding principal amounts under the Revolving Loans shall be due and payable in full on the Maturity Termination Date.

Appears in 1 contract

Samples: Revolving Credit Agreement (Oneita Industries Inc)

Notes; Repayment of Principal. (a) Borrower’s 's obligations to pay the principal of, and interest on, the Revolving Loans to the each Lender shall be evidenced by the records of the such Lender and by the Note payable to such Lender (or the Lender assignor of such Lender) completed in conformity with this Agreement. (b) All outstanding principal amounts under the Revolving Loans shall be due and payable in full on the Maturity Termination Date.

Appears in 1 contract

Samples: Bridge Credit Agreement (Hughes Supply Inc)

AutoNDA by SimpleDocs

Notes; Repayment of Principal. (a) Borrower’s 's obligations to pay the principal of, and interest on, the Revolving Loans to the Lender shall be evidenced by the records of the Lender and by the Note payable to the Lender completed in conformity with this Agreement. (b) All outstanding principal amounts under the Revolving Loans shall be due and payable in full on the Maturity Date.

Appears in 1 contract

Samples: Revolving Loan Agreement (Brown & Brown Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!