Common use of The Revolving Notes Clause in Contracts

The Revolving Notes. The Revolving Loans made by each Bank shall be evidenced by a single promissory note of the Borrowers under which they shall be jointly and severally liable (each such promissory note as it may be amended, extended, modified or renewed a "REVOLVING CREDIT NOTE" and together the "REVOLVING CREDIT NOTES") in principal face amount equal to such Bank's Revolving Loan Commitment, payable to the order of such Bank and otherwise in the form attached hereto as Exhibit C. The Revolving Credit Notes shall be dated the date of issuance, shall bear interest at the rate per annum and be payable as to principal and interest in accordance with the terms hereof. Each outstanding Revolving Loan shall be due and payable as set forth in Section hereof unless the maturity of said Loans is accelerated as provided in Section 2.6 or Section 8.1 hereof or converted as provided in Sections 2.8 or 2.7 hereof. Notwithstanding the stated amount of any Revolving Credit Note, the liability of the Borrowers under each Revolving Credit Note shall be limited at all times to the outstanding principal amount of the Revolving Loans by each Bank evidenced thereby, plus all interest accrued thereon and the amount of all costs and expenses then payable hereunder, as established by each such Bank's books and records, which books and records shall be conclusive absent manifest error.

The Revolving Notes. The Revolving Loans made by each Bank shall be evidenced by a single promissory note of the Borrowers under which they shall be jointly and severally liable (each such promissory note as it may be amended, extended, modified or renewed a "REVOLVING CREDIT NOTERevolving Credit Note" and together the "REVOLVING CREDIT NOTESRevolving Credit Notes") in principal face amount equal to such Bank's Revolving Loan Commitment, payable to the order of such Bank and otherwise in the form attached hereto as Exhibit C. The Revolving Credit Notes shall be dated the date of issuanceClosing Date, shall bear interest at the rate per annum and be payable as to principal and interest in accordance with the terms hereof. Each outstanding Revolving Loan shall be due and payable as set forth in Section 2.1 hereof unless the maturity of said Loans is accelerated as provided in Section 2.6 or Section 8.1 hereof or converted as provided in Sections 2.7 or 2.8 or 2.7 hereof. Notwithstanding the stated amount of any Revolving Credit Note, the liability of the Borrowers under each Revolving Credit Note shall be limited at all times to the outstanding principal amount of the Revolving Loans by each Bank evidenced thereby, plus all interest accrued thereon and the amount of all costs and expenses then payable hereunder, as established by each such Bank's books and records, which books and records shall be conclusive absent manifest error.