Common use of Term Notes Clause in Contracts

Term Notes. The Obligation of the Borrowers to repay the unpaid principal amount of the Term Loans made by each Bank, together with interest thereon, shall be evidenced by a Term Note payable to the order of such Bank in a face amount equal to the Term Loan Commitment of such Bank.

Appears in 7 contracts

Samples: Credit Agreement (Triumph Group Inc), Credit Agreement (Triumph Group Inc), Credit Agreement (Triumph Group Inc)

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Term Notes. The Obligation Obligations of the Borrowers Borrower to repay the ---------- aggregate unpaid principal amount of the Term Loans made by each BankLoan, together with interest thereon, shall be evidenced by a Term Note promissory note or notes of the Borrower (each a "TERM NOTE" and together with the Revolving Credit Note, the "NOTES") payable to the order of such Bank the Bank(s) in a face amount equal to the maximum amount of the Term Loan Commitment of such BankLoan.

Appears in 1 contract

Samples: Loan Agreement (Analytical Graphics Inc)

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