40,000,000.00 Mahwah, New Jersey October 23, 2003Jaclyn Inc • November 13th, 2003 • Leather & leather products
This is the "Revolving Note" referred to in the Loan Agreement and is entitled to the benefit of all of the terms and conditions and the security of all of the security interests and liens granted by Borrower or any other person to Lender pursuant to the Loan Agreement or any other Loan Document. Upon the occurrence and during the continuance of any Event of Default, the entire unpaid principal amount owed Lender hereunder shall, at the option of Lender, become immediately due and payable without further notice or demand, all as provided in the Loan Agreement.
WHEREAS:Jaclyn Inc • November 13th, 2003 • Leather & leather products
