Examples of Domestic Revolving Credit Note in a sentence
The Domestic Revolving Credit Loans shall be evidenced by separate joint and several promissory notes of the Domestic Borrowers in substantially the form of Exhibit A-1 hereto (each a "Domestic Revolving Credit Note"), dated as of the Closing Date (or such other date on which a Domestic Lender may become a party hereto in accordance with Section 20 hereof) and completed with appropriate insertions.
Each prepayment of Domestic Revolving Credit Loans shall be allocated among the Domestic Lenders, in proportion, as nearly as practicable, to the respective unpaid principal amount of each Domestic Lender's Domestic Revolving Credit Note, with adjustments to the extent practicable to equalize any prior payments or repayments not exactly in proportion.
One Domestic Revolving Credit Note shall be payable to the order of each Domestic Bank in an amount equal to its Total Commitment, and shall represent the obligation of the Borrower to pay such Domestic Bank such principal amount or, if less, the outstanding principal amount of all Domestic Revolving Credit Loans made by such Domestic Bank, plus interest accrued thereon, as set forth herein.
One Domestic Revolving Credit Note shall be payable to the order of each Domestic Lender in a principal amount equal to such Domestic Lender's Domestic Revolving Credit Commitment or, if less, the Outstanding amount of all Domestic Revolving Credit Loans made by such Domestic Lender, plus interest accrued thereon, as set forth below.
The Borrower, for itself, its successors and assigns, hereby waives diligence, presentment, protest and demand and notice of protest, demand, dishonor and non-payment of this Domestic Revolving Credit Note.
The obligation of the Domestic Borrower to repay the Domestic Advances and interest thereon shall be evidenced by a Domestic Revolving Credit Note executed by the Domestic Borrower, payable to the order of each Domestic Bank, in the principal amount of such Bank's Domestic Revolving Credit Commitment as originally in effect and dated the date hereof or such later date as may be required with respect to transactions contemplated by Section 14.7.
The Borrowers have the right in certain circumstances and the obligation under certain other circumstances to prepay, in whole or in part, the Domestic Revolving Credit Loans evidenced by this Domestic Revolving Credit Note on the terms and conditions specified in the Credit Agreement.
One Domestic Revolving Credit Note shall be payable to the order of each Domestic Revolving Credit Bank in a principal amount equal to such Domestic Revolving Credit Bank's Domestic Commitment or, if less, the outstanding amount of all Domestic Loans made by such Domestic Revolving Credit Bank, plus interest accrued thereon, as set forth below.
Upon the occurrence and continuation of one or more of the Events of Default specified in the Credit Agreement, all amounts then remaining unpaid on this Domestic Revolving Credit Note shall become, or may be declared to be, immediately due and payable all as provided in the Credit Agreement.
For the avoidance of doubt, this Domestic Revolving Credit Note and the rights and obligations of the Borrower and Lender hereunder are subject to Section 2.20 of the Credit Agreement.