The Revolving Notes. All Revolving Credit Loans made by each Bank under its Revolving Credit Commitment shall be evidenced by a single Revolving Credit Note of the Company substantially in the form of Exhibit A hereto (individually, a “Revolving Note” and together, the “Revolving Notes”) payable to the order of such Bank in the principal amount of such Revolving Credit Commitment, but the aggregate principal amount of indebtedness evidenced by such Revolving Note at any time shall be, and the same is to be determined by, the aggregate principal amount of all Revolving Credit Loans made by such Bank to the Company pursuant hereto on or prior to the date of determination less the aggregate amount of principal repayments on such Revolving Credit Loans received by or on behalf of such Bank on or prior to such date of determination. Each Revolving Note shall be dated as of the execution date of this Agreement, shall be delivered concurrently herewith, and shall be expressed to mature on the Revolving Credit Termination Date and to bear interest as provided in Section 1.4 hereof. Each Bank shall record on its books or records or on a schedule to its Revolving Note the amount of each Revolving Credit Loan made by it hereunder, whether each Revolving Credit Loan is a Domestic Rate Loan or Eurodollar Loan, and, with respect to Eurodollar Loans, the interest rate and Interest Period applicable thereto, and all payments of principal and interest and the principal balance from time to time outstanding, provided that prior to any transfer or assignment of such Revolving Note all such amounts shall be recorded on the schedule to such Revolving Note. The record thereof, whether shown on such books or records or on the schedule to the Revolving Note, shall be prima facie evidence as to all such amounts; provided, however, that the failure of any Bank to record, or any mistake in recording, any of the foregoing shall not limit or otherwise affect the obligation of the Company to repay all Revolving Credit Loans made hereunder together with accrued interest thereon.
The Revolving Notes. The liability of the Borrower to pay the Revolving Loan shall be evidenced by the Revolving Notes.
The Revolving Notes. The Revolving Loans shall be evidenced by one or more Revolving Notes of the Borrower in the form of Exhibit E attached hereto and made a part hereof, with all blanks appropriately completed, payable as provided therein to each Lender for such Lender’s Pro Rata Share of the Commitments.
The Revolving Notes. The REVOLVING LOAN COMMITMENT shall be evidenced by REVOLVING NOTES having stated maturity on the LOAN TERMINATION DATE applicable thereto, substantially in the form attached hereto as Exhibit E.
The Revolving Notes. The Revolving Loans made by each Bank shall be evidenced by a single promissory note of the Borrowers under which they shall be jointly and severally liable (each such promissory note as it may be amended, extended, modified or renewed a "REVOLVING CREDIT NOTE" and together the "REVOLVING CREDIT NOTES") in principal face amount equal to such Bank's Revolving Loan Commitment, payable to the order of such Bank and otherwise in the form attached hereto as Exhibit C. The Revolving Credit Notes shall be dated the date of issuance, shall bear interest at the rate per annum and be payable as to principal and interest in accordance with the terms hereof. Each outstanding Revolving Loan shall be due and payable as set forth in Section hereof unless the maturity of said Loans is accelerated as provided in Section 2.6 or Section 8.1 hereof or converted as provided in Sections 2.8 or 2.7 hereof. Notwithstanding the stated amount of any Revolving Credit Note, the liability of the Borrowers under each Revolving Credit Note shall be limited at all times to the outstanding principal amount of the Revolving Loans by each Bank evidenced thereby, plus all interest accrued thereon and the amount of all costs and expenses then payable hereunder, as established by each such Bank's books and records, which books and records shall be conclusive absent manifest error.
The Revolving Notes. The Revolving Loans shall be evidenced by promissory notes of the Borrower in substantially the form of EXHIBIT A-1 hereto (each a "REVOLVING NOTE"), dated as of the Effective Date and completed with appropriate insertions. One Revolving Note shall be payable to the order of each Bank in a principal amount equal to such Bank's Revolving Loans Commitment or, if different, the outstanding amount of all Revolving Loans made (or held) by such Bank, plus interest accrued thereon, as set forth below. The Borrower irrevocably authorizes each Bank to make or cause to be made, at or about the time of an Advance of any Revolving Loan or at the time of receipt of any payment of principal on such Bank's Revolving Note, an appropriate notation on such Revolving Note Record reflecting the making of such Revolving Loan or (as the case may be) the receipt of such payment. The outstanding amount of the Revolving Loans set forth on such Bank's Revolving Note Record shall be PRIMA FACIE evidence of the principal amount thereof owing and unpaid to such Bank absent manifest error, but the failure to record, or any error in so recording, any such amount shall not affect the obligation of the Borrower hereunder or under any Revolving Note to make payments of principal of or interest on any Revolving Note when due.
The Revolving Notes. (a) The Revolving Loans of each Bank shall be evidenced by a single. promissory 10 note in favor of such Bank in the form of Exhibit A, dated the date of this Agreement, and duly completed and executed by the Borrower.
(b) Upon receipt of each Bank's Revolving Note pursuant to Section 3.01(a), the Agent shall mail such Revolving Note to such Bank. Each Bank shall record and, prior to any transfer of its Revolving Note, shall endorse on a schedule forming a part thereof appropriate notations evidencing the date, the type, the amount and the maturity of each Revolving Loan made by it which is evidenced by such Revolving Note and the date and amount of each payment of principal made by the Borrower with respect thereto; provided, that failure to make any such endorsement or notation shall not affect the Obligations of the Borrower hereunder or under any Revolving Note. Each Bank is hereby irrevocably authorized by the Borrower to so endorse its Revolving Note and to attach to and make a part of any Revolving Note a continuation of any such schedule as and when required.
The Revolving Notes. The Revolving Loans made to the Borrower by a Lender shall be evidenced by a single promissory note of the Borrower issued to such Lender in the form of Exhibit B hereto. Each such promissory note, as modified, amended or supplemented from time to time, is hereinafter referred to as a "Revolving Note" and collectively such promissory notes are referred to as the "Revolving Notes". Each Lender shall record on its books and records or on a schedule to its appropriate Revolving Note the amount of each Revolving Loan advanced, continued or converted by it, all payments of principal and interest and the principal balance from time to time outstanding thereon, the type of such Revolving Loan, and, for any Eurodollar Loan, the Interest Period and the interest rate applicable thereto. The record thereof, whether shown on such books and records of a Lender or on a schedule to the relevant Revolving Note, shall be prima facie evidence as to all such matters; provided, however, that the failure of any Lender to record any of the foregoing or any error in any such record shall not limit or otherwise affect the obligation of the Borrower to repay all Revolving Loans made to it hereunder together with accrued interest thereon. At the request of any Lender and upon such Lender tendering to the Borrower the appropriate Revolving Note to be replaced, the Borrower shall furnish a new Revolving Note to such Lender to replace any outstanding Revolving Note.
The Revolving Notes. The Revolving Loans of each Bank shall be evidenced by a single promissory note in favor of each Bank in the form of EXHIBIT A, dated the date of this Agreement, and duly completed and executed by the Borrower.
The Revolving Notes. Loans in U.S. Dollars shall be evidenced by notes of the Company to the Lenders with blanks appropriately completed in the forms annexed hereto and made a part hereof as Exhibits A for Marine and B for Fleet (individually, a "Revolving Note" and collectively the "Revolving Notes"). Each Revolving Note shall be inscribed by the holder thereof on the schedule on the reverse side thereof or any continuation thereof with the date and amount of the outstanding principal balance of the Advances, the Rate Option applicable to such Advances, the applicable LIBOR Rate Periods, and all payments and prepayments made thereon and the dates thereof. Any such inscription shall constitute prima facie evidence of the accuracy of the information so recorded; provided, however, the failure of the Agent or any Lender to make any such inscription shall not affect the Company's obligations under any Revolving Note or this Agreement.
