Examples of Existing Revolving Credit Note in a sentence
Each Lender, whether or not requesting a Note hereunder, shall use its commercially reasonable efforts to deliver the Existing Revolving Credit Note and/or Existing Term Note held by it to the Borrower for cancellation and/or amendment and restatement.
None of the points have merit.First, the Tribes argue that the Amended Complaint’s factual allegations regarding claim accrual are sufficient to defeat the motion to dismiss because the Quiet Title Act’s limitations period is not jurisdictional.
On the Amendment Date, the principal balance of the Existing Revolving Credit Note, as well as all other information which has been endorsed on the books and records of the Bank with respect to the Existing Revolving Credit Note, shall be endorsed on the books and records of the Bank with respect to the Replacement Revolving Credit Note.
All amounts owing under, and evidenced by, the Existing Revolving Credit Note and Existing Term Note of any Lender as of the Restatement Effective Date shall continue to be outstanding hereunder, and shall from and after the Restatement Effective Date be evidenced by the Notes (if any) received by such Lender pursuant to this Agreement, and shall in any event be evidenced by, and governed by the terms of, this Agreement.
The obligations of the Borrower under the Existing Revolving Credit Note are intended to be restated, replaced and substituted by (but not paid, satisfied, cancelled or novated by) the obligations of the Borrower under the Revolving Credit Facility Note.
Upon the effectiveness of this Amendment, the Bank shall promptly return to the Company the Existing Revolving Credit Note which is being replaced by the New Revolving Credit Note contemplated by this Amendment.
As of the Second Amendment Effective Date, the definition of "Maturity Date", as set forth in the Existing Credit Agreement and Existing Revolving Credit Note, shall be and is hereby modified as set forth in the definition of Maturity Date contained in the Second Amendment.
All amounts owing under, and evidenced by, the Existing Revolving Credit Notes as of the Restatement Effective Date shall continue to be outstanding hereunder, and shall from and after the Restatement Effective Date, if requested by the Revolving Credit Lender holding such Existing Revolving Credit Note, be evidenced by the Revolving Credit Note delivered hereunder and shall in any event be evidenced by, and governed by the terms of, this Agreement.
Concurrently with the execution of the Original Credit Agreement, Borrower executed and delivered the Revolving Credit Note in the original principal sum of Fifty Million Dollars ($50,000,000.00) payable to the order of Agent Bank on behalf of the Lenders (the "Existing Revolving Credit Note").
Existing Revolving Credit Note - The Revolving Credit Note issued by ------------------------------ certain Borrowers, and certain of their Subsidiaries and Affiliates to Lender pursuant to the Existing Loan Agreement, together with all allonges, modifications and supplements thereto.