Common use of Return and Cancellation of Notes Clause in Contracts

Return and Cancellation of Notes. As soon as reasonably practicable after its receipt of its Revolving Credit Note hereunder on the Closing Date, the Banks will promptly return to the Borrower, marked "Substituted" or "Cancelled", as the case may be, any notes of the Borrower held by the Banks pursuant to the Original Credit Agreement.

Appears in 2 contracts

Sources: Revolving Credit Agreement (Stage Stores Inc), Revolving Credit Agreement (Stage Stores Inc)

Return and Cancellation of Notes. As soon as reasonably practicable after Contemporaneously with its receipt of its any Revolving Credit Note hereunder on the Closing Dateand Term Note hereunder, the Banks will promptly return to the Borrower, marked "Substituted" or "Cancelled", as the case may be, any notes of the Borrower held by the Banks pursuant to the Original Credit Agreement.

Appears in 2 contracts

Sources: Revolving Credit and Term Loan Agreement (Petro Stopping Centers Holdings Lp), Revolving Credit and Term Loan Agreement (Petro Stopping Centers L P)

Return and Cancellation of Notes. As soon as reasonably practicable after Contemporaneously with its -------------------------------- receipt of its any Revolving Credit Note hereunder on the Closing Dateand Term Note hereunder, the Banks will promptly return to the Borrower, marked "Substituted" or "Cancelled", " as the case may be, any notes of the Borrower held by the Banks pursuant to the Original Credit Agreement.

Appears in 1 contract

Sources: Revolving Credit and Term Loan Agreement (Petro Stopping Centers L P)