The Term Loan Note. The Term Loan is evidenced by a promissory note (the "Term Loan Note") in the form of Exhibit "B". The Term Loan Note does not supersede or extinguish, and is not in replacement of, the Demand Note, which remains in full force and effect.
The Term Loan Note. The Term Loan shall be evidenced by a single promissory note of Borrower substantially in the form of Exhibit A-2, with appropriate insertions, payable to the order of the Bank and representing the obligation of Borrower to pay the unpaid principal amount of the Term Loan, with interest thereon as described herein. The Term Loan Note shall (a) be dated the date hereof, (b) provide for repayment in 60 equal consecutive monthly installments of principal, be payable on the first day of each month commencing on September 1, 1998 and ending on the Term Loan Maturity Date, and (c) bear interest, payable monthly on the first date of each month (beginning August 1, 1998) for a period from the date hereof on the unpaid principal amount thereof at the applicable rates per annum specified herein. All accrued and unpaid interest and fees shall be due and payable on the Term Loan Maturity Date.
The Term Loan Note. The Term Loan will be evidenced by this agreement and a promissory note in a form provided by Lender (the "Term Loan Note").
The Term Loan Note. (a) The DIP Term Loan shall be evidenced by a promissory note of the Borrower in substantially the form of EXHIBIT G hereto (the "DIP Term Loan Note"), dated the Effective Date and completed with appropriate insertions. The DIP Term Loan Note shall be payable to the order of the Term Loan Lender in a principal amount equal to $10,000,000 and representing the obligation of the Borrower to pay to the Term Loan Lender such principal amount or, if less, the outstanding amount of the DIP Term Loan, plus interest accrued thereon, as set forth below.
The Term Loan Note. Contemporaneously herewith, Borrower shall execute and deliver to Bank its term promissory note in the principal sum of One Million Nine Hundred Sixty Thousand ($1,960,000.00) Dollars (the "Term Loan Note") to evidence Borrower's Obligations to repay Bank, with interest at the applicable Rate, the principal sum of the Term Loan in thirty-five (35) equal and consecutive monthly installments of principal in the amount of Thirty-Two Thousand Six Hundred Sixty-Six and 67/100 ($32,666.67) Dollars each, plus interest as set forth herein and in the Term Loan Note, payable monthly, in arrears, commencing on February 1, 1998 and continuing on the first day of each month thereafter during the term of this Agreement, followed by a final, consecutive thirty-sixth (36th) installment of all principal, interest and other sums owing in connection with the Term Loan, which final installment shall be due and payable on the Expiration Date, unless the Term Loan is sooner accelerated in accordance with the provisions of this Agreement, all as more fully described in the Term Loan Note, the terms, covenants and conditions of which are hereby deemed incorporated herein by this reference and made a part hereof. The Term Loan Note replaces and supersedes (but does not extinguish any unpaid Obligations evidenced by or constitute a novation of) the Existing Term Loan Note
The Term Loan Note. The Term Loan shall be evidenced by, and payable with interest in accordance with, the Borrower's promissory note of even date herewith, payable to the order of the Bank in the original principal amount of $4,500,000 and otherwise in substance and form acceptable to the Bank in its sole discretion, as attached hereto as Exhibit A (as the same may hereafter be extended, renewed, amended or replaced from time to time, the "Term Loan Note").
The Term Loan Note. At the time of the making of the Term Loan, Xxxxxxxx will execute and deliver a Term Loan Note to Bank.
