Common use of The Revolving Note Clause in Contracts

The Revolving Note. The Revolving Loans shall be evidenced by a promissory note of the Borrowers, in substantially the form of Exhibit A hereto (the "Revolving Note"), dated the Closing Date and with appropriate insertions. The Revolving Note shall be payable to the order of the Lender in a principal amount equal to the Revolving Commitment Amount and shall represent the obligation of the Borrowers to pay to the Bank the amount of the Revolving Commitment Amount or, if less, the outstanding amount of the Revolving Loans to the Borrowers, plus interest accrued thereon, as set forth below plus any fees, costs of collection and other amounts due hereunder. The Lender will ▇▇▇▇ on the Revolving Note, or enter in a record pertaining thereto, all Revolving Loans made thereunder and repayments thereof, provided that the failure by the Lender to make any such notation, or any error made in so doing, shall not limit or otherwise affect the unconditional obligation of the Borrower hereunder or under the Revolving Note to make payments of principal and interest on the Revolving Note as and when due. The Revolving Note shall mature and be due and payable (subject to earlier acceleration as herein provided) on the Revolving Loan Termination Date.