Common use of Renewal Revolving Note Clause in Contracts

Renewal Revolving Note. Concurrently with the execution of this Amendment, Borrower shall execute and deliver to U.S. Bank a renewal promissory note in the form attached hereto as Exhibit A (“Renewal Revolving Note”) which shall continue to evidence the Revolving Loan. The Revolving Note and all previous renewals thereof shall be marked “Renewed” and retained by U.S. Bank until the Revolving Loan is paid in full and U.S. Bank’s commitment to advance Fundings thereunder is terminated.

Appears in 2 contracts

Samples: Credit Agreement (Mackie Designs Inc), Credit Agreement (Mackie Designs Inc)

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Renewal Revolving Note. Concurrently with the execution of this Amendment, Borrower shall execute and deliver to U.S. U. S. Bank a renewal promissory note in the form attached hereto as Exhibit A (the "Renewal Revolving Note”) "), which shall continue to evidence be in substitution for, but not in payment of the Revolving LoanNote and any previous renewals thereof. The Revolving Note and all any previous renewals thereof shall be marked “Renewed” "renewed" and retained by U.S. U. S. Bank until the Revolving Loan is paid has been repaid in full and U.S. Bank’s commitment to advance Fundings thereunder is terminatedfull.

Appears in 1 contract

Samples: Credit Agreement (Gargoyles Inc)

Renewal Revolving Note. Concurrently with the execution of this Amendment, Borrower shall execute and deliver to U.S. U. S. Bank a renewal promissory note in the form attached hereto as Exhibit A ("Renewal Revolving Note") which shall continue to evidence be in substitution for, but not in payment of, the Revolving Loan. The Revolving Note and all any previous renewals thereof thereof, all of which shall be marked “Renewed” "renewed" and retained by U.S. U. S. Bank until the Revolving Loan is paid has been repaid in full and U.S. U. S. Bank’s commitment to advance Fundings thereunder is 's commitments under the Credit Agreement are terminated.

Appears in 1 contract

Samples: Credit Agreement (Gargoyles Inc)

Renewal Revolving Note. Concurrently with the execution of this Amendment, Borrower Borrowing shall execute and deliver to U.S. Bank a renewal promissory note in the form attached hereto as Exhibit A ("Renewal Revolving Note”) which shall continue to evidence the Revolving Loan"). The Renewal Revolving Note and all previous renewals thereof shall be made in substitution for, but not in payment of the renewal revolving note dated as of February 22 1999, which shall be marked “Renewed” "renewed" and retained by U.S. Bank until the Revolving Loan is has been paid in full and U.S. Bank’s 's commitment to advance Fundings thereunder is make advances under the Revolving Loan has terminated. Upon execution of this Amendment, the Renewal Revolving Note shall be a "Revolving Note" for all purposes of the Credit Agreement and the other Loan Documents.

Appears in 1 contract

Samples: Credit Agreement (Redhook Ale Brewery Inc)

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Renewal Revolving Note. Concurrently with the execution of this Amendment, Borrower Borrowing shall execute and deliver to U.S. Bank a renewal promissory note in the form attached hereto as Exhibit A ("Renewal Revolving Note”) which shall continue to evidence the Revolving Loan"). The Renewal Revolving Note and all previous renewals thereof shall be made in substitution for, but not in payment of the renewal revolving note dated as of September 15, 1997, which shall be marked “Renewed” "renewed" and retained by U.S. Bank until the Revolving Loan is has been paid in full and U.S. Bank’s 's commitment to advance Fundings thereunder is make advances under the Revolving Loan has terminated. Upon execution of this Amendment, the Renewal Revolving Note shall be a "Revolving Note" for all purposes of the Credit Agreement and the other Loan Documents.

Appears in 1 contract

Samples: Credit Agreement (Redhook Ale Brewery Inc)

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