0000897101-02-000756 Sample Contracts

RECITALS:
Supply Agreement • November 5th, 2002 • Medamicus Inc • Surgical & medical instruments & apparatus • Minnesota
AutoNDA by SimpleDocs
LOGO] WELLS FARGO BANK MINNESOTA, EXHIBIT 10.2 WELLS NATIONAL ASSOCIATION REVOLVING NOTE FARGO ========================================================== ======================
Revolving Note • November 5th, 2002 • Medamicus Inc • Surgical & medical instruments & apparatus • Minnesota

FOR VALUE RECEIVED, Medamicus, Inc. (the "Borrower") promises to pay to the order of Wells Fargo Bank Minnesota, National Association (the "Bank"), at its principal office or such other address as the Bank or holder may designate from time to time, the principal sum of THREE MILLION AND 00/100 DOLLARS ($3,00,000.00) or the amount shown on the Bank's records to be outstanding, plus interest (calculated on the basis of actual days elapsed in a 360-day year) accruing on the unpaid balance at the annual interest rate defined below. Absent manifest error, the Bank's records will be conclusive evidence of the principal and accrued interest owing hereunder.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!