Revolving Line of Credit Note Sample Clauses
POPULAR SAMPLE Copied 1 times
Revolving Line of Credit Note. The Revolving Line of Credit Loan shall be evidenced by a single Revolving Line of Credit Note, payable to the order of the Lender, dated as of the date hereof.
Revolving Line of Credit Note. In connection with Loan No. 2, an Amended and Restated Revolving Line of Credit Note in the amount of $10,000,000 executed by Borrower and payable to the order of Bank.
Revolving Line of Credit Note. The principal of and interest to accrue on the Revolving Loans shall be due and payable as follows: Interest to accrue on the Revolving Loans shall be due and payable quarterly as it accrues, with the first installment to be due and payable on or before the last day of September 2000, with a like installment of all accrued but unpaid interest to be due and payable on or before the same day of each December, March, June and September succeeding thereafter until the Revolver Termination Date on which date both all outstanding principal and accrued but unpaid interest thereon shall be due and payable in full.
Revolving Line of Credit Note. The Revolving Loans shall be evidenced by a promissory note in substantially the form attached hereto as Exhibit A(ii), duly executed by Borrower(herein called, together with any renewals and extensions thereof the
Revolving Line of Credit Note. The Demand Revolving Line of Credit Note of the Borrower in the original principal amount of $250,000 executed in connection with this Agreement, evidencing the Revolving Line of Credit Loan and substantially in the form of Exhibit C attached.
Revolving Line of Credit Note. The Revolving Line of Credit Loan Advances shall be evidenced by and be repayable to Bank upon demand in accordance with the terms of a Revolving Line of Credit Note, which Borrower shall execute and deliver to Bank simultaneously herewith. All of the provisions of the Revolving Line of Credit Note are incorporated herein by this reference as terms and conditions of this Loan Agreement.
Revolving Line of Credit Note. $750,000.00 December 22, 1999 ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇▇▇▇
Revolving Line of Credit Note. The Demand Revolving Line of Credit Note of the Borrower dated October 4, 2021 in the original principal amount of $250,000 executed in connection with this Agreement, evidencing the Revolving Line of Credit Loan, as amended by a First Amendment dated as of May 17, 2022 increasing the principal amount thereof to $500,000, a Second Amendment dated as of June 2, 2023 further increasing the principal amount thereof to $1,250,000, and as the same may hereafter be further amended and/or restated.”
Revolving Line of Credit Note. Subject to the terms hereof, the Lender agrees to lend the Borrower, from time to time unti1 May 31, 2001 or the occurrence of an Event of Default, whichever occurs first, such sums in integral multiples of $1,000.00 as the Borrower may request, and the Lender may approve, by reasonable same day notice to the Lender, received by the Lender not later than 2:00 P.M. of such day, but which shall not exceed, in the aggregate principal amount at any one time outstanding, the Borrowing Base. The Borrower may borrow, repay without penalty or premium and reborrow hereunder, from the date of this Agreement until May 31, 2001 or the occurrence of an Event of Default, whichever occurs first. It is the intention of the parties that the outstanding principal amount of the Note shall at no time exceed the then existing Borrowing Base, and if, at any time, an excess shall for any reason exist, the full amount of such excess, together with accrued and unpaid interest thereon as herein provided, shall be immediately due and payable in full, except if an excess shall exist due to an adjustment in the Borrowing Base made by the Lender pursuant to Section 1.24(l), in which case such excess together with accrued and unpaid interest shall be due and payable five (5) days after written notice from the Lender.
Revolving Line of Credit Note. The principal balance of this Note shall be due and payable on May 31, 2003. Interest, computed on the unpaid principal balance of this Note shall be due and payable as it accrues monthly, commencing on June 30, 2002 and on the same day of each and every succeeding month thereafter during the term hereof, and at maturity, May 31, 2003, when the entire amount of this Note, principal and accrued, unpaid interest, shall be due and payable.