Renewal Note Sample Clauses

Renewal Note. Borrower shall execute a Renewal Promissory Note dated effective as of June 15, 1998, and payable to the order of Lender in the original principal amount of $10,000,000.00 (the "RENEWAL NOTE"), which Renewal Note is in renewal, extension, modification, and amendment, and not extinguishment, of the Note.
AutoNDA by SimpleDocs
Renewal Note. This Note is executed in renewal and extension, and not in extinguishment or novation, of that certain Promissory Note dated Auguat 15, 2006 in the original principal amount of $3,000,000 made by Borrower and payable to the order of Lender.
Renewal Note. Borrower's promissory note with appropriate ------------ insertions in the form attached hereto as Exhibit A-1 payable to the order of Lender (such note being herein called the "Renewal Note"), duly executed on behalf of Borrower, dated the date hereof, and expressly renewing the Original Note;
Renewal Note. The Borrower agrees to make, execute and deliver to each Lender a renewal Revolving Note (each, a "Renewal Revolving Note"), substantially in the form attached hereto as Exhibit "F-1B." The Renewal Revolving Notes are hereinafter collectively referred to as the "Renewal Notes." The Renewal Notes shall be in renewal, extension and replacement of, but not in satisfaction or as a novation of, the respective Notes delivered pursuant to the Credit Agreement, and from and after the Amendment Date, unless the context otherwise requires, all references to the "Revolving Notes" appearing in the Credit Agreement or any other Loan Documents shall mean and refer to the Renewal Revolving Notes.
Renewal Note. To facilitate the administration of Note A and Note B, Borrower has contemporaneously with the execution of this Agreement executed a new promissory note (the "Renewal Note") in favor of Lender in the original principal amount of Seven Million Forty Thousand Seven Hundred Twenty-One and 37/100 Dollars ($7,040,721.37) in the form attached hereto as Exhibit A which is given to the full extent thereof in renewal, extension and rearrangement (but not extinguishment) of the remaining principal balances Note A and Note B referenced in Paragraph 7 immediately above.
Renewal Note. This note renews, increases the amount of and modifies the terms of the promissory note executed by Borrower dated July 26, 2000 in the principal amount of $20,000,000, but shall not be deemed to be a replacement for or to constitute a novation of such note.
Renewal Note. Concurrently with the extension of this Amendment, Borrower shall execute and deliver to U.S. Bank a renewal promissory note in the form attached hereto as Exhibit A, in substitution for, but not in payment of, the Renewal Revolving Note dated July 25, 1996. The promissory note to be executed by Borrower in substitution for, but not in payment of, the existing Renewal Revolving Note shall, upon execution of this Amendment, be a "Revolving Note" for all purposes of the Credit Agreement and the other Loan Documents. The Renewal Revolving Note dated July 25, 1996, shall be marked "renewed" and shall be retained by U.S. Bank until the Revolving Loan has been paid in full and U.S. Bank's
AutoNDA by SimpleDocs
Renewal Note. Concurrently with the execution of this Agreement, Borrower shall execute and deliver to the Bank that certain Promissory Note (the "Renewal Revolving Note") of an even date herewith in the face amount of $5,000,000.00 in the form as shown in Exhibit "A" attached hereto and made a part hereof, thereby evidencing Borrower's obligation to repay advances under the Revolving Loan and thereby amending and modifying, but not extinguishing the indebtedness of, the Revolving Note. All references in the Loan Agreement and the Loan Documents to the term "Revolving Note" shall be amended throughout to be deemed to refer to the Renewal Revolving Note and all references in the Loan Agreement and the Loan Documents to the term "Revolving Loan" shall be deemed amended throughout to refer to the loan evidenced by the Renewal Revolving Note.
Renewal Note. Simultaneously with the execution of this Amendment, the Borrowers agree to execute and deliver the form of Renewal Note appearing at Schedule "A" to the Amendment. Effective on August 15, 1996, the Renewal Note is substituted for the Notes appearing as Schedules "A" and "B" to the Loan Agreement.
Renewal Note. In connection with this Agreement, Borrower and Additional Obligors agree to execute and deliver to Lender a Renewal and Substitute Promissory Note in a form and substance acceptable to Lender dated the Effective Date, in the original principal amount of Fifteen Million Dollars ($15,000,000.00) (the "Renewal Note"), which Renewal Note replaces the Original Note.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!