Equipment Purchase Note Sample Contracts

SECOND AMENDED AND RESTATED
Equipment Purchase Note • October 1st, 2013 • Synergetics Usa Inc • Electromedical & electrotherapeutic apparatus

FOR VALUE RECEIVED, the undersigned, Synergetics, Inc., a Missouri corporation, and Synergetics USA, Inc., a Delaware corporation (“Borrowers”), hereby jointly and severally promise to pay to the order of Regions Bank (the “Lender”), at its main office in St. Louis, Missouri, or at any other place designated at any time by the holder hereof, in lawful money of the United States of America and in immediately available funds, the principal sum of One Million and 00/100 Dollars ($1,000,000.00) or such lesser amount may be outstanding from time to time, reflecting the 2008 Equipment Purchase Loan made by Lender to Borrowers under the Credit Agreement (defined below), together with interest on the principal amount hereunder remaining unpaid from time to time, computed on the basis of the actual number of days elapsed and a 360-day year, from the date hereof until this Note is fully paid at the rate from time to time in effect under the Credit and Security Agreement dated as of March 13, 200

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