Common use of Renewal of Indebtedness Clause in Contracts

Renewal of Indebtedness. All provisions of this Agreement relating to the Notes shall apply with equal force and effect to each and all promissory notes hereafter executed which in whole or in part represent a renewal, extension or rearrangement of any part of the indebtedness originally represented by the Notes, or either of them, provided that nothing herein shall constitute a commitment or offer by Lender to such a renewal, extension or rearrangement.

Appears in 3 contracts

Samples: Construction Loan Agreement (Introgen Therapeutics Inc), Loan Agreement (Powell Industries Inc), Loan Agreement (Peregrine Systems Inc)

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Renewal of Indebtedness. All provisions of this Agreement relating to the Notes Revolving Note shall apply with equal force and effect to each and all promissory notes hereafter executed which in whole or in part represent a renewal, extension or rearrangement of any part of the indebtedness originally represented by the NotesRevolving Note, or either of them, provided that nothing herein shall constitute a commitment or offer by Lender to such a renewal, extension or rearrangement.

Appears in 1 contract

Samples: Loan Agreement (Megaworld Inc)

Renewal of Indebtedness. All provisions of this Agreement relating to the Notes shall apply with equal force and effect to each and all promissory notes hereafter executed which in whole or in part represent a renewal, extension or rearrangement of any part of the indebtedness originally represented by the Notes, or either of themRevolving Note, provided that nothing herein shall constitute a commitment or offer by Lender to such a renewal, extension or rearrangement.

Appears in 1 contract

Samples: Loan Agreement (Hartman Commercial Properties Reit)

Renewal of Indebtedness. All provisions of this Agreement relating to the Notes shall apply with equal force and effect to each and all promissory notes hereafter executed which in whole or in part represent a renewal, extension or rearrangement of any part of the indebtedness originally represented by the Notes, or either of them, provided that nothing herein shall constitute a commitment or offer by Lender Bank to such a renewal, extension or rearrangement.

Appears in 1 contract

Samples: Revolving and Advancing Credit and Security Agreement (Central Freight Lines Inc/Tx)

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Renewal of Indebtedness. All provisions of this Agreement relating to the Notes shall apply with equal force and effect to each and all promissory notes hereafter executed which in whole or in part represent a renewal, extension or rearrangement of any part of the indebtedness originally represented by the Notes, or either of them, provided that nothing herein shall constitute a commitment or offer by any Lender to such a renewal, extension or rearrangement.

Appears in 1 contract

Samples: Loan Agreement (Mattress Holding Corp.)

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