Intercompany Note. In the event any of the proceeds of the GKF Revolving Advance are to be used by GKF to make an intercompany advance to any of its Subsidiaries, Lender shall have received an original Intercompany Note, duly executed by GKF, as payee, and such Subsidiary(ies) as payor(s), and indorsed in favor of Lender.
Appears in 3 contracts
Sources: Credit Agreement (American Shared Hospital Services), Credit Agreement (American Shared Hospital Services), Credit Agreement (American Shared Hospital Services)