EXHIBIT 4.4
TERM NOTE
$4,615,385 May 28, 1998
FOR VALUE RECEIVED, the undersigned, XXXXXXXXX CORPORATION, a Delaware
corporation (the "Borrower"), promises to pay to the order of BANQUE PARIBAS
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(the "Lender") the principal sum of FOUR MILLION SIX HUNDRED FIFTEEN THOUSAND
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THREE HUNDRED EIGHTY FIVE AND NO/100 DOLLARS ($4,615,385) or, if less, the
aggregate unpaid principal amount of its Term Loan shown on the schedule
attached hereto (and any continuation thereof) made by the Lender pursuant to
that certain Credit Agreement, dated as of even date herewith (together with all
amendments and other modifications, if any, from time to time thereafter made
thereto, the "Credit Agreement"), among the Borrower, Canadian Imperial Bank of
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Commerce, as Administrative Agent, and the various financial institutions
(including the Lender) as are, or may from time to time become, parties thereto,
payable in installments as set forth in the Credit Agreement, with a final
installment (in the amount necessary to pay in full this Note) due and payable
on May 30, 2003.
The Borrower also promises to pay interest on the unpaid principal amount
hereof from time to time outstanding from the date hereof until maturity
(whether by acceleration or otherwise) and, after maturity, until paid, at the
rates per annum and on the dates specified in the Credit Agreement.
Payments of both principal and interest are to be made in lawful money of
the United States of America in same day or immediately available funds to the
account designated by the Administrative Agent pursuant to the Credit Agreement.
This Note is one of the Term Notes referred to in, and evidences
Indebtedness incurred under, the Credit Agreement, to which reference is made
for a description of the security for this Note and for a statement of the terms
and conditions on which the Borrower is permitted and required to make
prepayments and repayments of principal of the Indebtedness evidenced by this
Note and on which such Indebtedness may be declared to be immediately due and
payable. Unless otherwise defined, capitalized terms used herein have the
meanings provided in the Credit Agreement.
All parties hereto, whether as makers, endorsers, or otherwise, severally
waive presentment for payment, demand, protest and notice of dishonor.
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THIS NOTE SHALL BE DEEMED TO BE A CONTRACT MADE UNDER AND GOVERNED BY THE
INTERNAL LAWS OF THE STATE OF NEW YORK.
XXXXXXXXX CORPORATION
By: /s/ Xxxx X. Xxxx
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Title: Chief Financial Officer
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LOANS AND PRINCIPAL PAYMENTS
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Amount of Unpaid Principal
Amount of Loan Made Interest Principal Repaid Balance
------------------- Period ---------------- ----------------
Base Eurodollar (if Base Eurodollar Base Eurodollar Notation
Date Rate Rate applicable) Rate Rate Rate Rate Total Made By
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