Examples of Existing Revolving Note in a sentence
Each Revolving Lender, whether or not requesting a Revolving Note hereunder, shall use its commercially reasonable efforts to deliver the Existing Revolving Note held by it to the Borrower for cancellation and/or amendment and restatement.
On the Closing Date, the Existing Revolving Note, if any, held by each Revolving Lender shall be deemed to be cancelled and, if such Revolving Lxxxxx has requested a Revolving Note hereunder, amended and restated by the Revolving Note delivered to such Lender hereunder on or about the Closing Date (regardless of whether any Revolving Lender shall have delivered to the Borrower for cancellation the Existing Revolving Note held by it).
Color Resolutions Int’l, LLC, 746 F.3d 1264, 1268 & n.2 (11th Cir.
This Agreement amends and restates the Original Agreement and the Revolving Note constitutes a renewal and restatement of, and a replacement and substitution for, the Existing Revolving Note.
Borrowings under the Line are currently evidenced by a $3,000,000.00 promissory note, dated February 2, 2005 ("Existing Revolving Note").