Common Contracts
2 similar Revolving Note contracts by Nexar Technologies Inc, Westell Technologies Inc
REVOLVING NOTERevolving Note • December 31st, 1998 • Nexar Technologies Inc • Electronic computers
REVOLVING NOTERevolving Note • November 16th, 1998 • Westell Technologies Inc • Telephone & telegraph apparatus
WESTELL TECHNOLOGIES, INC., WESTELL, INC., WESTELL INTERNATIONAL, INC., AND CONFERENCE PLUS, INCORPORATED (collectively, "Borrowers"), hereby jointly and severally promise to pay to the order of LaSalle National Bank (the "Bank"), on August 30, 1999 the principal sum of Sixteen Million and No/100 ($16,000,000), or such lesser amount of all of the then outstanding advances made by the Bank to Borrowers pursuant to Section 2.1 of the "Loan Agreement" (as hereinafter defined), together with interest on any and all principal amounts remaining unpaid hereunder from time to time from the date hereof until paid, at the rate(s) set forth in Section 2.6 of the Loan Agreement, payable on the last day of each "Interest Period" (as such term is defined in the Loan Agreement) and continuing until the Revolving Loans (as such term is defined in the Loan Agreement) are paid in full.
