Line of Credit Notes definition

Line of Credit Notes has the meaning set forth in Section 2.1.1 hereof.

Line of Credit Notes has the meaning set forth in Section 2.3 of this Agreement.

Line of Credit Notes means, collectively, the promissory notes of the Borrower evidencing Line of Credit Loans executed and delivered to the Lenders as provided in Section 2.5(b) substantially in the form of Exhibit F-2.

Examples of Line of Credit Notes in a sentence

• All prepayments under this Section 4.4 shall be applied (pro rata among the Lenders) first to the unpaid installments due under the Term Notes in the inverse order of their maturity until all such installments are paid, second to the outstanding principal of the Line of Credit Notes, and third to the outstanding principal of the Swing Line Loans.

• No consent, permission, authorization, order or license of any governmental authority or Person is necessary in connection with the execution, delivery, performance or enforcement of the Credit Documents, or in order to constitute the indebtedness to be incurred hereunder and under the Line of Credit Notes and the other Credit Documents as "Senior Debt" or any similar term defined within the documents evidencing any Subordinated Debt.

• The amounts payable at any time hereunder to each Lender shall be a separate and independent debt, and each Lender shall be entitled to protect and enforce its rights pursuant to this Agreement and its Line of Credit Notes, and it shall not be necessary for any other Lender to be joined as an additional party in any proceeding for such purpose.

• All Advances made by the Banks pursuant to the Line of Credit will be evidenced by separate promissory notes of Borrower, in the form of Exhibit 2.3 to this Agreement (each a "Line of Credit Note" and collectively the "Line of Credit Notes"), to be executed and delivered by Borrower to each of the Banks, in the principal amount of each such Bank's Commitment, on the Closing Date.

• Except as otherwise provided in this Agreement the principal amount outstanding under the Line of Credit Notes shall be due and payable on the Maturity Date.

More Definitions of Line of Credit Notes

Line of Credit Notes means this Note and the other Line of Credit Note executed by the Makers in favor of the Other Lender, each dated of even date herewith, in the aggregate amount of the Line of Credit Commitment, as same may be amended, supplemented, renewed, restated, replaced or otherwise modified from time to time.

Line of Credit Notes means, collectively, (i) that certain Line of Credit Promissory Note dated October 11, 1996, made by the Borrower, payable to the order of PNC, and in the face principal amount of Nine Million Three Hundred Seventy-Five Thousand Dollars ($9,375,000.00) (together with all amendments, modifications, renewals, extensions, restatements and replacements thereof, the "PNC Line of Credit Note"), (ii) that certain Line of Credit Promissory Note dated October 11, 1996, made by the Borrower, payable to the order of NBD, and in the face principal amount of Six Million Two Hundred Fifty Thousand Dollars ($6,250,000.00) (together with all amendments, modifications, renewals, extensions, restatements and replacements thereof, the "NBD Line of Credit Note"), (iii) that certain Line of Credit Promissory Note dated October 11, 1996, made by the Borrower, payable to the order of SunTrust, and in the face principal amount of Six Million Two Hundred Fifty Thousand Dollars ($6,250,000.00) (together with all amendments, modifications, renewals, extensions, restatements and replacements thereof, the "SunTrust Line of Credit Note"), and (iv) that certain Line of Credit Promissory Note dated October 11, 1996, made by the Borrower, payable to the order of National City, and in the face principal amount of Three Million One Hundred Twenty-Five Thousand Dollars ($3,125,000.00) (together with all amendments, modifications, renewals, extensions, restate- ments and replacements thereof, the "National City Line of Credit Note").

Line of Credit Notes is used as defined in Section 2.b(ii).

Line of Credit Notes means the line of credit notes described in Section 2.A.1 hereof dated April 16, 1997, made by Company to each of the Line of Credit Banks in the form annexed to this Agreement as Exhibit "L", as such notes may be amended or supplemented from time to time, and any other notes issued in substitution, replacement or renewal thereof from time to time.

Line of Credit Notes means the promissory notes described in Section 2.2 and any future amendments, restatements, modifications or supplements thereof or thereto.

Line of Credit Notes means the (i) indebtedness of the Company under the accounts receivable line of credit note #5445044, payable to NationsBank in the outstanding amount of $300,000.00 as of May 31, 1998, (ii) indebtedness of the Company under the equipment line of credit note #5194238, payable to NationsBank in the outstanding amount of $10,490.34 as of May 31, 1998, (iii) indebtedness of the Company under the equipment line of credit note #5209796, payable to NationsBank in the outstanding amount of $20,784.98 as of May 31, 1998, (iv) indebtedness of the Company under the equipment line of credit note #5241195, payable to NationsBank in the outstanding amount of $9,171.24 as of May 31, 1998, and (v) indebtedness of the Company under the equipment line of credit note #5259825, payable to NationsBank in the outstanding amount of $10,846.00 as of May 31, 1998.

Line of Credit Notes has the meaning set forth in Section 2.5.1 of this Agreement.