Common Contracts
2 similar Revolving Credit Note contracts by MTR Gaming Group Inc
REVOLVING CREDIT NOTERevolving Credit Note • June 22nd, 2007 • MTR Gaming Group Inc • Services-miscellaneous amusement & recreation • Nevada
FOR VALUE RECEIVED, the undersigned, MTR GAMING GROUP, INC., a Delaware corporation, MOUNTAINEER PARK, INC., a West Virginia corporation, SPEAKEASY GAMING OF LAS VEGAS, INC., a Nevada corporation, PRESQUE ISLE DOWNS, INC., a Pennsylvania corporation, SCIOTO DOWNS, INC., an Ohio corporation and SPEAKEASY GAMING OF FREMONT, INC., a Nevada corporation (collectively the “Borrowers”) jointly and severally promise to pay to the order of COMMERZBANK AG, New York and Grand Cayman Branches (the “Lender”) such sums as Lender may hereafter loan or advance or re-loan to the Borrowers from time to time pursuant to the Credit Facility as described in the Credit Agreement, hereinafter defined up to the maximum principal sum of Fifteen Million Dollars ($15,000,000.00) (or such lesser amount of such loans and advances made by Lender as may be outstanding from time to time), the unpaid balance of which shall not exceed in the aggregate the Lender’s Pro Rata Share of the Aggregate Commitment at any time,
REVOLVING CREDIT NOTE (First Restated)Revolving Credit Note • June 22nd, 2007 • MTR Gaming Group Inc • Services-miscellaneous amusement & recreation • Nevada
FOR VALUE RECEIVED, the undersigned, MTR GAMING GROUP, INC., a Delaware corporation, MOUNTAINEER PARK, INC., a West Virginia corporation, SPEAKEASY GAMING OF LAS VEGAS, INC., a Nevada corporation, PRESQUE ISLE DOWNS, INC., a Pennsylvania corporation, SCIOTO DOWNS, INC., an Ohio corporation and SPEAKEASY GAMING OF FREMONT, INC., a Nevada corporation (collectively the “Borrowers”) jointly and severally promise to pay to the order of PNC BANK, National Association (the “Lender”) such sums as Lender has loaned and may hereafter loan or advance or re-loan to the Borrowers from time to time pursuant to the Credit Facility as described in the Credit Agreement, hereinafter defined up to the maximum principal sum of Fifteen Million Dollars ($15,000,000.00) (or such lesser amount of such loans and advances made by Lender as may be outstanding from time to time), the unpaid balance of which shall not exceed in the aggregate the Lender’s Pro Rata Share of the Aggregate Commitment at any time, toge
