Examples of Revolving Note in a sentence
Except in the case of a Revolving Lender that has notified the Administrative Agent in writing that it elects not to receive a Revolving Note, the Revolving Loans made by each Revolving Lender shall, in addition to this Agreement, also be evidenced by a Revolving Note, payable to the order of such Revolving Lender in a principal amount equal to the amount of its Revolving Commitment as originally in effect and otherwise duly completed.
This Revolving Note is an amendment, renewal and restatement of, and a substitute and replacement for[, and evidences an increase to Xxxxxx's Commitment to make a $___________________ Revolving Loan pursuant to] a Revolving Note executed by Borrower in favor of Xxxxxx dated May 24, 2022, in the original principal amount of $____________________ (the "Prior Note").