Common use of Revolving Notes Clause in Contracts

Revolving Notes. Revolving Loans made by each Lender shall be evidenced by the Revolving Note payable to the order of such Lender in the respective amount of its Applicable Commitment Percentage of the Total Revolving Credit Commitment, which Revolving Note shall be dated the Closing Date or a later date pursuant to an Assignment and Acceptance and shall be duly completed, executed and delivered by the Borrower.

Appears in 14 contracts

Samples: Annual Report, Credit Agreement (Covenant Transport Inc), Credit Agreement (Uti Corp)

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Revolving Notes. Revolving Loans made by each Lender shall be evidenced by the Revolving Note payable to the order of such Lender in the respective amount of its Applicable Commitment Percentage of the Total Revolving Credit Commitment, which Revolving Note shall be dated the Closing Date or a later date pursuant to an Assignment and Acceptance and shall be duly completed, executed and delivered by the Borrower.

Appears in 2 contracts

Samples: Credit Agreement (Coca Cola Bottling Group Southwest Inc), Credit Agreement (Ameristeel Finance Inc)

Revolving Notes. Revolving Loans made by each Lender shall be evidenced by the Revolving Note payable to the order of such Lender in the respective amount of its Applicable Commitment Percentage of the Total Revolving Credit Commitment, which Revolving Note shall be dated the Closing Date or a later date pursuant to an Assignment and Acceptance and shall be duly completed, executed and delivered by the BorrowerBorrower in substitution for the Existing Notes evidencing the Revolving Credit Facility under the Existing Agreement.

Appears in 2 contracts

Samples: Credit Agreement, Credit Agreement (Omnova Solutions Inc)

Revolving Notes. Revolving Credit Loans made by each the Lender shall be evidenced by the Revolving Note payable to the order of such Lender in the respective amount of its Applicable Commitment Percentage of the Total Revolving Credit CommitmentNotes, which Revolving Note Notes shall be dated the Closing Date or a such later date pursuant to an Assignment and Acceptance and shall be duly completed, executed and delivered by the Borrower.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Crown Crafts Inc), Revolving Credit Agreement (Crown Crafts Inc)

Revolving Notes. Revolving Loans made by each Lender shall be evidenced by the a Revolving Note payable to the order of such Lender in the respective amount of its Applicable Commitment Percentage of the Total Revolving Credit Commitment, which Revolving Note shall be dated the Closing Date or a later date pursuant to an Assignment and Acceptance and shall be duly completed, executed and delivered by the Borrower.

Appears in 1 contract

Samples: Credit Agreement (Berlitz International Inc)

Revolving Notes. Revolving Loans made by each Lender shall be evidenced by the Revolving Note payable to the order of such Lender in the respective amount of its Applicable Commitment Percentage of the Total Revolving Credit Commitment, which Revolving Note shall be dated the Closing Date or a later date pursuant to an Assignment and Acceptance and shall be duly completed, executed and delivered by the BorrowerBorrowers.

Appears in 1 contract

Samples: Credit Agreement (Unicapital Corp)

Revolving Notes. Revolving Loans made by each Lender shall be --------------- evidenced by the Revolving Note payable to the order of such Lender in the respective amount of its Applicable Commitment Percentage of the Total Revolving Credit Commitment, which Revolving Note shall be dated the Closing Date or a later date pursuant to an Assignment and Acceptance and shall be duly completed, executed and delivered by the Borrower.

Appears in 1 contract

Samples: Credit Agreement (Cone Mills Corp)

Revolving Notes. Revolving Loans made by each Lender shall be --------------- evidenced by the Revolving Note payable to the order of such Lender in the respective amount of its Applicable Commitment Percentage of the Total Revolving Credit Commitment, which Revolving Note shall be dated the Closing Date or a later date pursuant to an Assignment and Acceptance and shall be duly completed, executed and delivered by the Borrower.

Appears in 1 contract

Samples: Credit Agreement (Walter Industries Inc /New/)

Revolving Notes. Revolving Loans and Overadvance Facility Loans made by each Lender shall be evidenced by the Revolving Note payable to the order of such Lender in the respective amount of its Applicable Commitment Percentage of the Total Revolving Credit Commitment, which Revolving Note shall be dated the Closing Date or a later date pursuant to an Assignment and Acceptance and shall be duly completed, executed and delivered by the Borrower.to

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (River Oaks Furniture Inc)

Revolving Notes. Revolving Loans made by each Lender shall be evidenced by In order to evidence the Revolving Note Loans, at the time of the making of the initial Revolving Loan, the Borrower shall execute and deliver a revolving note, payable to the order of such each Lender in the respective principal amount of its Applicable Revolving Commitment Percentage substantially in the form of Exhibit A hereto, with appropriate insertions (individually, a “Revolving Note” and, collectively, the Total Revolving Credit Commitment, which Notes”). The Revolving Note Notes shall be dated bear and pay interest and mature on the Closing Date or a later date pursuant to an Assignment dates as set forth therein and Acceptance and shall be duly completed, executed and delivered by the Borrowerherein.

Appears in 1 contract

Samples: Credit Agreement (Full Circle Capital Corp)

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Revolving Notes. Revolving Loans made by each Lender shall be evidenced by the a Revolving Note payable to the order of such Lender in the respective amount of its Applicable Commitment Percentage of the Total Revolving Credit Commitment, which Revolving Note Notes shall be dated the Closing Date or a such later date pursuant to an Assignment and Acceptance and shall be duly completed, executed and delivered by the Borrower.

Appears in 1 contract

Samples: Credit Agreement (Bec Group Inc)

Revolving Notes. Revolving Loans made by each Lender shall be evidenced by the Revolving Note payable to the order of such Lender in the respective amount of its Applicable Commitment Percentage of the Total Revolving Credit Commitment, which Revolving Note shall be dated the Closing Date or a later date pursuant to an Assignment and Acceptance and shall be duly completed, executed and delivered by the Borrower.

Appears in 1 contract

Samples: Credit Agreement (Walter Industries Inc /New/)

Revolving Notes. Revolving Loans made by each Lender shall be evidenced by the Revolving Note payable to the order of such Lender in the respective amount of its Applicable Commitment Percentage of the Total Revolving Credit Commitment, which Revolving Note shall be dated the Closing Date or a later date pursuant to an Assignment and Acceptance or the increase in the Total Revolving Credit Commitment and shall be duly completed, executed and delivered by the Borrower.

Appears in 1 contract

Samples: Credit Agreement (Sensormatic Electronics Corp)

Revolving Notes. Revolving Loans made by each Lender shall be evidenced by the Revolving Note payable to the order of such Lender in the respective amount of its Applicable Commitment Percentage of the Total Revolving Credit Commitment, which Revolving Note shall be dated the Closing Date or a later date pursuant to the entering into of an Amendment Agreement in the form of EXHIBIT P to give effect to an Increase Amount or pursuant to an Assignment and Acceptance and shall be duly completed, executed and delivered by the Borrower.

Appears in 1 contract

Samples: Credit Agreement (Correctional Properties Trust)

Revolving Notes. Revolving Loans made by each Revolving Lender shall be evidenced by the Revolving Note payable to the order of such Revolving Lender in the respective amount of its Applicable Commitment Percentage of the Total Revolving Credit Commitment, which Revolving Note shall be dated the Closing Date or a later date pursuant to an Assignment and Acceptance and shall be duly completed, executed and delivered by the BorrowerBorrowers.

Appears in 1 contract

Samples: Credit Agreement (Stewart Enterprises Inc)

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