Common use of Term Loan Note Clause in Contracts

Term Loan Note. The Term Loan shall be evidenced by the Term Loan Note of the Borrower. The Term Loan Note shall be dated the date hereof and shall mature on the Maturity Date at which time the entire outstanding principal balance and all interest thereon shall be due and payable. The Term Loan Note shall be entitled to the benefits and subject to the provisions of this Agreement.

Appears in 2 contracts

Samples: Loan Agreement (Coolbrands International Inc), Loan Agreement (Medical Action Industries Inc)

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Term Loan Note. The Term Loan shall be evidenced by the Term Loan Note of the BorrowerBorrowers. The Term Loan Note shall be dated the date hereof Closing Date and shall mature on the Term Loan Maturity Date at which time the entire outstanding principal balance and all interest thereon shall be due and payable. The Term Loan Note shall be entitled to the benefits and subject to the provisions of this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Orbit International Corp)

Term Loan Note. The Term Loan shall be evidenced by the Term Loan Note of the BorrowerCompany. The Term Loan Note shall be dated as of the date hereof first Drawdown Date and shall mature on the Maturity Date at which time the entire outstanding principal balance and all interest thereon shall be due and payable. The Bank shall record on the Term Loan Note the date and amount of each Drawdown, which absent manifest error, shall be conclusive evidence of each Drawdown. The Term Loan Note shall be entitled to the benefits and subject to the provisions of this Agreement.

Appears in 1 contract

Samples: Credit Agreement (PDK Labs Inc)

Term Loan Note. The Term Loan shall be evidenced by the Term Loan Note of the Borrower. The Term Loan Note shall be dated the date hereof of the Drawdown and shall mature on the Maturity Date at which time the entire outstanding principal balance and all interest thereon shall be due and payable. The Term Loan Note shall be entitled to the benefits and subject to the provisions of this Agreement.

Appears in 1 contract

Samples: Loan Agreement (Katz Digital Technologies Inc)

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Term Loan Note. The Term Loan shall be evidenced by the Term Loan Note of the Borrower. The Term Loan Note shall be dated the date hereof and shall mature on the Maturity Date December 1, 2004 at which time the entire then outstanding principal balance and all interest thereon shall be due and payable. The Term Loan Note shall be entitled to the benefits and subject to the provisions of this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Disc Graphics Inc /De/)

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