Common Contracts
2 similar Term Loan Note contracts by Staktek Holdings Inc
TERM LOAN NOTETerm Loan Note • November 26th, 2003 • Staktek Holdings Inc • Texas
FOR VALUE RECEIVED, SC Merger Sub, Inc., a Texas corporation (“Company”), Research Applications, Inc. (“RAI”) and Staktek Holdings, Inc. (“Holdings” and together with the Company and RAI, the “Borrowers”) jointly and severally promise to pay to the order of Comerica Bank (“Bank”), in care of Agent, at Detroit, Michigan, the principal sum of Fifteen Million Dollars ($15,000,000) in lawful money of the United States of America payable in quarterly principal installments each in the amount and on the dates set forth in the Credit Agreement (as defined below) until the Term Loan Maturity Date, when the entire unpaid balance of principal and interest thereon shall be due and payable. Interest shall be payable at the rate (including the default rate) and on the dates provided in the Revolving Credit and Term Loan Agreement dated as of August 19, 2003 by and among the Borrowers, the Banks signatories thereto, Comerica Bank, as Administrative Agent, Documentation Agent, Structuring Agent and L
TERM LOAN NOTETerm Loan Note • November 26th, 2003 • Staktek Holdings Inc • Texas
FOR VALUE RECEIVED, SC Merger Sub, Inc., a Texas corporation (“Company”), Research Applications, Inc. (“RAI”) and Staktek Holdings, Inc. (“Holdings” and together with the Company and RAI, the “Borrowers”) jointly and severally promise to pay to the order of Guaranty Bank (“Bank”), in care of Agent, at Detroit, Michigan, the principal sum of Fifteen Million Dollars ($15,000,000) in lawful money of the United States of America payable in quarterly principal installments each in the amount and on the dates set forth in the Credit Agreement (as defined below) until the Term Loan Maturity Date, when the entire unpaid balance of principal and interest thereon shall be due and payable. Interest shall be payable at the rate (including the default rate) and on the dates provided in the Revolving Credit and Term Loan Agreement dated as of August 19, 2003 by and among the Borrowers, the Banks signatories thereto, Comerica Bank, as Administrative Agent, Documentation Agent, Structuring Agent and L
