Common use of New Note Clause in Contracts

New Note. The Borrower agrees to promptly execute and deliver to the Increasing Lender an A Note in the amount of its increased Commitment set forth in Section 1 above (the "New Note"), and the Increasing Lender agrees to return to the Borrower, with reasonable promptness, the A Note previously delivered to the Increasing Lender by the Borrower.

Appears in 2 contracts

Sources: Long Term Revolving Credit Agreement (Burlington Resources Inc), Long Term Revolving Credit Agreement (Burlington Resources Inc)

New Note. The Borrower agrees to promptly execute and deliver to the Increasing Lender an A Bank a Note in the amount of its increased Commitment set forth in Section 1 above (the "New Note"), and the Increasing Lender Bank agrees to return to the Borrower, with reasonable promptness, the A Note previously delivered to the Increasing Lender Bank by the Borrower.

Appears in 1 contract

Sources: Revolving Credit Agreement (Azurix Corp)

New Note. The Each Borrower agrees to promptly execute and deliver to the Increasing Lender an A Bank a new Note in the amount of its increased Revolving Loan Commitment set forth in Section 1 above (the "New Note"), and the Increasing Lender Bank agrees to return to the such Borrower, with reasonable promptness, the A Note previously delivered to the Increasing Lender Bank by the Borrowersuch Borrower or a lost affidavit pertaining to such Note.

Appears in 1 contract

Sources: Credit Agreement (Susser Holdings CORP)

New Note. The If the Increasing Lender has previously requested a Note, the Borrower agrees to promptly execute and deliver to the Increasing Lender an A a new Note in the principal amount of its increased the Increasing Lender’s Commitment set forth in Section 1 above (the "New Note"), and the Increasing Lender agrees to return to the Borrower, with reasonable promptness, the A Note previously delivered to the Increasing Lender by the BorrowerBorrower pursuant to Section 2.01(c) of the Credit Agreement.

Appears in 1 contract

Sources: Credit Agreement (Holly Energy Partners Lp)