Examples of Bank One Note in a sentence
On the Purchase Date, Bank One shall deliver to FMC or the Purchaser Trust or to the Servicer, as agent for FMC or the Purchaser Trust and/or the trustee of the Trust Indenture, each Bank One Note originated by Bank One included in the Pool and the related Origination Records (or such alternative evidence of the Loans as is acceptable to the Guarantor and all parties to the Securitization Transaction).
Upon receipt of said repurchase price, FMC shall, or, if applicable, shall cause the Purchaser Trust or the Servicer to, deliver the Bank One Note and the Origination Records relating thereto to Bank One, duly endorsed or assigned to Bank One or to such person as Bank One may direct, in any such case, without recourse to FMC or the Purchaser Trust.
Except as otherwise expressly provided by this Amendment No. 6 and the Bank One Note, all of the other Loan Documents remain unaltered.
The Loan is evidenced by promissory notes dated as of the date of the Credit Agreement, executed by Company in favor of Lenders, in the following principal amounts: Morgxx Xxxranty Trust Company of New York $35,000,000.00; Bank One, Arizona, N.A. $35,000,000.00; Union Bank $20,000,000.00; Dresdner Bank AG $20,000,000.00; and Wellx Xxxgo Bank, N.A. $40,000,000.00 (each singularly Morgxx Xxxe, Bank One Note, Union Note, Dresdner Note and Wellx Xxxe, respectively, and collectively, the "Note").
This letter is being delivered to you in satisfaction of the condition requiring such legal opinion as set forth in the Agreement and with the understanding that you are accepting the U.S. Bank Note, the Bank One Note, the Harris Note and the BOK Note (collectively, the "NOTES") in reliance xx xxx opinions expressed herein.
The Bank One Note (defined below) shall be deemed for all purposes of the Loan Documents to be a Revolving Credit Note.
The Loan is evidenced by promissory notes dated as of the date of the Credit Agreement, executed by Company in favor of Lenders, in the following principal amounts: Morgxx Xxxranty Trust Company of New York $35,000,000.00; Bank One, Arizona, N.A. $35,000,000.00; Union Bank $20,000,000.00; Dresdner Bank AG $20,000,000.00; and Wellx Xxxgo Bank, N.A. $40,000,000.00 (each singularly Morgxx Note, Bank One Note, Union Note, Dresdner Note and Wellx Note, respectively, and collectively, the "Note").
The Loans are additionally evidenced by an Amended and Restated Revolving Credit Note dated January 24, 2001 given by the Borrowers in favor of Bank One in the original principal amount of $21,772,197.08 (the "Bank One Note") and an Amended and Restated Revolving Credit Note dated January 24, 2001 given by the Borrowers in favor of PNC in the original principal amount of $12,441,235.92 (the "PNC Note").
Proceeds of Advances made under the Loan shall be used to, among other things: (i) refinance the Bank One Note, (ii) provide readily available financing for the acquisition and development of producing oil and gas properties; and (iii) subject to a $1,500,000.00 sub-limit (A) provide availability to issue necessary letters of credit to meet governmental bonding requirements; (B) fund working capital needs and (C) meet any margin calls required to secure hedging contracts, as permitted herein.
As used in this Credit Agreement, the terms "Bank One", "Bank One Agreement", "Bank One Note", "Lender", "OBEC", "PPC", and "PPI"shall have the meaning assigned to such terms hereinabove.