Examples of New Revolving Credit Note in a sentence
Notwithstanding any provision of this Amendment or the Security Agreement, this Section shall remain in full force and effect and shall survive the delivery of the New Revolving Credit Note and this Amendment, and any and all amendments, modifications, or restatements thereof.
Notwithstanding any provision of this Amendment or the Pledge Agreement, this Section shall remain in full force and effect and shall survive the delivery of the New Revolving Credit Note and this Amendment, and any and all amendments, modifications, or restatements thereof.
The New Revolving Credit Note shall evidence all amount owed by the Borrower to the Bank with respect to Revolving Credit Advances.
All references in the Credit Agreement or in any other instrument or document referring to the Existing Revolving Credit Note shall be deemed references to the New Revolving Credit Note.
The Borrower shall pay to the Agent, for the account of the Lenders, a nonrefundable amendment fee with respect to each Senior Secured Note, Junior Secured Note, New Revolving Credit Note and Letter of Credit that has had its maturity date extended pursuant to this Fifth Amendment in an amount equal to the Dollar Amount of the face amount of such Senior Secured Note, Junior Secured Note, New Revolving Credit Note and Letter of Credit multiplied by a percentage equal to 1%.
Upon receipt of its New Revolving Credit Note, each Existing Bank shall return to the Administrative Agent, and the Administrative Agent shall forward to the Company for cancellation, the Existing Revolving Credit Note held by such Existing Bank.
All references in any Loan Document to “the Note”, “thereto”, “thereof”, “thereunder” or words of like import referring to an Old Note or PIK Note shall be deemed to be references to a New Term Note or New Revolving Credit Note, as applicable, as such promissory note may be modified or extended from time to time, and any note issued in exchange or replacement therefor.
Upon delivery to Lender of the New Revolving Credit Note duly executed by Borrower, Lender shall deliver the New Revolving Credit Note as collateral to Foothill Capital Corporation ("Foothill"), and request Foothill to cancel the current Revolving Credit Note, and the New Revolving Credit Note shall become the Revolving Credit Note, as such term is defined in the Credit Agreement.
The Loan Parties shall have delivered to the Bank an executed New Term Note and New Revolving Credit Note.
All references in any Loan Document to “the Note”, “thereto”, “thereof’, “thereunder” or words of like import referring to an Old Note shall be deemed to be references to a New Term Note or New Revolving Credit Note, as applicable, as such promissory note may be modified or extended from time to time, and any note issued in exchange or replacement therefor.