Common Contracts
2 similar Committed Line of Credit Note contracts by Rand Worldwide Inc
Committed Line of Credit Note (Daily LIBOR) $8,000,000 February 28, 2012Committed Line of Credit Note • May 5th, 2020
FOR VALUE RECEIVED, RAND WORLDWIDE, INC. and RAND A TECHNOLOGY CORPORATION (collectively, the “Borrower”), with an address at 11201 Dolfield Boulevard, Suites 112-115, Owings Mills, Maryland 21117, promises to pay to the order of PNC BANK, NATIONAL ASSOCIATION (the “Bank”), in lawful money of the United States of America in immediately available funds at its offices located at 2 Hopkins Plaza, Baltimore, Maryland 21201, or at such other location as the Bank may designate from time to time, the principal sum of EIGHT MILLION AND NO/100 DOLLARS ($8,000,000) (the “Facility”) or such lesser amount as may be advanced to or for the benefit of the Borrower hereunder, together with interest accruing on the outstanding principal balance from the date hereof, all as provided below.
Committed Line of Credit Note (Daily LIBOR)Committed Line of Credit Note • March 5th, 2012 • Rand Worldwide Inc • Services-prepackaged software
FOR VALUE RECEIVED, RAND WORLDWIDE, INC. and RAND A TECHNOLOGY CORPORATION (collectively, the “Borrower”), with an address at 11201 Dolfield Boulevard, Suites 112-115, Owings Mills, Maryland 21117, promises to pay to the order of PNC BANK, NATIONAL ASSOCIATION (the “Bank”), in lawful money of the United States of America in immediately available funds at its offices located at 2 Hopkins Plaza, Baltimore, Maryland 21201, or at such other location as the Bank may designate from time to time, the principal sum of EIGHT MILLION AND NO/100 DOLLARS ($8,000,000) (the “Facility”) or such lesser amount as may be advanced to or for the benefit of the Borrower hereunder, together with interest accruing on the outstanding principal balance from the date hereof, all as provided below.
