Term of Line. The Line shall be represented and evidenced by a promissory note or notes, payable on demand of the Bank. The Bank's obligation to advance under this Line of Credit Commitment shall expire on demand and shall be subject to the Borrower's continued banking relationship with the Bank, as well as the continued satisfactory financial condition of the Borrower, in the opinion of the Bank.
Appears in 4 contracts
Samples: Line of Credit Agreement (Nobility Homes Inc), Revolving Credit Agreement (Nobility Homes Inc), Revolving Credit Agreement (Nobility Homes Inc)
