Common use of Renewal and Extension Clause in Contracts

Renewal and Extension. This Note is given in replacement, renewal and/or extension of, but not extinguishing the indebtedness evidenced by, that Revolving Credit Note dated January 28, 2000 executed by the Borrower in the original principal amount of Ten Million and 00/100 Dollars ($10,000,000.00), including previous renewals or modifications thereof, if any (the "Prior Note"), and is not a novation thereof. All interest evidenced by the Prior Note shall continue to be due and payable until paid. If applicable, all Collateral continues to secure the payment of this Note and the Liabilities. The provisions of this Note are effective on April 11, 2003.

Appears in 1 contract

Samples: Credit Facilities (Patrick Industries Inc)

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Renewal and Extension. This Note is given in replacement, renewal and/or extension of, but not extinguishing the indebtedness evidenced by, that Revolving Line of Credit Note dated January 28June 30, 2000 2004 executed by the Borrower in the original principal amount of Ten Twenty Million and 00/100 Dollars ($10,000,000.0020,000,000.00), including previous renewals or modifications thereof, if any (the "Prior Note"), and is not a novation thereof. All interest evidenced by the Prior Note shall continue to be due and payable until paid. If applicable, all Collateral continues to secure the payment of this Note and the Liabilities. The provisions of this Note are effective on April 11, 2003the date that this Note has been executed by all of the signers and delivered to the Bank.

Appears in 1 contract

Samples: Note Modification Agreement (Flexsteel Industries Inc)

Renewal and Extension. This Note is given in replacement, renewal and/or extension of, but not extinguishing the indebtedness evidenced by, that Revolving Line of Credit Note dated January 28April 13, 2000 2004 executed by the Borrower in the original principal amount of Ten Fifteen Million and 00/100 Dollars ($10,000,000.0015,000,000.00), including previous renewals or modifications thereof, if any (the "Prior Note"), and is not a novation thereof. All interest evidenced by the Prior Note shall continue to be due and payable until paid. If applicable, all Collateral continues to secure the payment of this Note and the Liabilities. The provisions of this Note are effective on April 11, 2003the date that this Note has been executed by all of the signers and delivered to the Bank.

Appears in 1 contract

Samples: Credit Facilities Amendment (Patrick Industries Inc)

Renewal and Extension. This Note is given in replacement, renewal and/or extension of, but not extinguishing the indebtedness evidenced by, that Revolving Line of Credit Note dated January 28May 31, 2000 2003 executed by the Borrower in the original principal amount of Ten Two Million Five Hundred Thousand and 00/100 Dollars ($10,000,000.002,500,000.00), including previous renewals or modifications thereof, if any (the "Prior Note"), and is not a novation thereof. All interest evidenced by the Prior Note shall continue to be due and payable until paid. If applicable, all Collateral continues to secure the payment of this Note and the Liabilities. The provisions of this Note are effective on April 11June 30, 20032004.

Appears in 1 contract

Samples: Credit Agreement (Taser International Inc)

Renewal and Extension. This Note is given in replacement, renewal and/or extension of, but not extinguishing the indebtedness evidenced by, that Revolving those Line of Credit Note Notes dated January 28May 31, 2000 2002 executed by the Borrower in the original principal amount of Ten One Million Five Hundred Thousand and 00/100 Dollars ($1,500,000.00) and One Million and 00/100 Dollars ($10,000,000.001,000,000.00), including previous renewals or modifications thereof, if any (the "Prior Note"), and is not a novation thereof. All interest evidenced by the Prior Note shall continue to be due and payable until paid. If applicable, all Collateral continues to secure the payment of this Note and the Liabilities. The provisions of this Note are effective on April 11May 31, 2003.

Appears in 1 contract

Samples: Credit Agreement (Taser International Inc)

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Renewal and Extension. This Note is given in replacement, renewal and/or extension of, but not extinguishing the indebtedness evidenced by, that Promissory Note (Revolving Credit Note Note) dated January 28February 1, 2000 2003 executed by the Borrower in the original principal amount of Ten One Million and 00/100 Dollars ($10,000,000.001,000,000.00), including previous renewals or modifications thereof, if any (the "Prior Note"), and is not a novation thereof. All interest evidenced by the Prior Note shall continue to be due and payable until paid. If applicable, all Collateral continues to secure the payment of this Note and the Liabilities. The provisions of this Note are effective on April 11, 2003February 1,2005.

Appears in 1 contract

Samples: Loan Agreement (U S Global Investors Inc)

Renewal and Extension. This Note is given in replacement, renewal and/or extension of, but not extinguishing the indebtedness evidenced by, that Revolving Credit Promissory Note dated January 28August 31, 2000 executed by the Borrower in the original principal amount of Ten Five Million and 00/100 Dollars ($10,000,000.005,000,000.00), including previous renewals or modifications thereof, if any (the "Prior Note"), and is not a novation thereof. thereof All interest evidenced by the Prior Note shall continue to be due and payable until paid. If applicable, all Collateral continues to secure the payment of this Note and the Liabilities. The provisions of this Note are effective on April 11October 8, 20032001.

Appears in 1 contract

Samples: Credit Agreement (Interphase Corp)

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