Examples of Amended and Restated Revolving Credit Note in a sentence
This Amended and Restated Revolving Credit Note (this “Note”) is one of one or more Revolving Credit Notes evidencing borrowings under and is entitled to the benefits and subject to the provisions of the Credit Agreement.
As a condition precedent to the effectiveness of this Amendment and specifically Lender’s increase of the Revolving Credit Limit, on or before the date of this Amendment Borrower shall execute and deliver to Lender an Amended and Restated Revolving Credit Note in form and content acceptable to Lender in Lender’s sole discretion.
Effective as of the date of this Modification, the Revolving Credit Facility, as reinstated and extended hereunder, shall be evidenced by an Amended and Restated Revolving Credit Note of even date herewith pursuant to which the repaid Original Revolving Credit Note shall be replaced and restated in its entirety (the “Revolving Credit Note”).
All references in the Financing Documents to the “Revolving Credit Note” or the “Note” shall hereafter mean such Amended and Restated Revolving Credit Note, as the same may from time to time be amended, restated, supplemented, extended or otherwise modified.
To evidence the increase to the Revolving Credit Commitment set forth above, the Borrower shall have executed and delivered to Lender an Amended and Restated Revolving Credit Note in substantially the same form, mutatis mutandis, as the Note delivered by the Borrower in favor of Lender on the Closing Date.
This Note amends and restates, is intended as a replacement of, and is in substitution for, that certain Second Amended and Restated Revolving Credit Note dated as of July 3, 2008 (the “Original Note”) from the Borrowers, as maker, payable to the order of the Lender, but is not intended as a novation of the Original Note or any of the Obligations evidenced by the Original Note.
Upon the occurrence of the Adjustment, (a) the Agent shall appropriately adjust its records to reflect each Lender's Adjusted Amount and (b) each of the Lenders shall promptly thereafter return to the Agent its existing Revolving Credit Note or Amended and Restated Revolving Credit Note, as the case may be, as replaced by an Amended and Restated Revolving Credit Note in connection with this Amendment and the contemplated reallocation of the Revolving Credit Commitment Amount.
The Company shall have executed and delivered to LaSalle a Second Amended and Restated Revolving Credit Note in the form attached to this Amendment as Exhibit A.
Amounts outstanding under the line of credit from time to time will be referred to as the “Revolving Credit Loan.” The Revolving Credit Loan will be represented by the Fourth Amended and Restated Revolving Credit Note of Borrower dated as of August 11, 2008 and all amendments, extensions and renewals thereto and restatements and replacements thereof (the “Revolving Credit Note”).
First Amended and Restated Revolving Credit Note, made by the Swedish Borrowers to First National Bank of Pennsylvania in the principal Dollar Equivalent amount not to exceed Five Million Two Hundred Fifty Thousand and 00/100 Dollars ($5,250,000.00).