Amended and Restated Revolving Credit Note definition
Examples of Amended and Restated Revolving Credit Note in a sentence
This Amended and Restated Revolving Credit Note (this “Note”) is one of one or more Revolving Credit Notes evidencing borrowings under and is entitled to the benefits and subject to the provisions of the Credit Agreement.
All references in the Financing Documents to the “Revolving Credit Note” or the “Note” shall hereafter mean such Amended and Restated Revolving Credit Note, as the same may from time to time be amended, restated, supplemented, extended or otherwise modified.
Effective as of the date of this Modification, the Revolving Credit Facility, as reinstated and extended hereunder, shall be evidenced by an Amended and Restated Revolving Credit Note of even date herewith pursuant to which the repaid Original Revolving Credit Note shall be replaced and restated in its entirety (the “Revolving Credit Note”).
As a condition precedent to the effectiveness of this Amendment and specifically Lender’s increase of the Revolving Credit Limit, on or before the date of this Amendment Borrower shall execute and deliver to Lender an Amended and Restated Revolving Credit Note in form and content acceptable to Lender in Lender’s sole discretion.
Prior to the Closing Date, Seller shall repay all borrowings of Seller pursuant to that certain Loan Agreement, dated as of August 20, 2019, as amended, and that certain Second Amended and Restated Revolving Credit Note, dated as of July 20, 2022, in each case by and between Seller and First Horizon Bank, and shall obtain all regulatory non-objections necessary to facilitate such repayment, including in respect of any dividend from Seller Bank to Seller in order to fund such repayment.
Third Amended and Restated Revolving Credit Note of the Company in the amount of $25,000,000.00 made to the order of American National Bank and Trust Company of Chicago.
Upon receipt of the Amended and Restated Revolving Credit Note, the Agent will return the current Amended and Restated Revolving Credit Note dated February 6, 1996 to the Borrowers.
The Borrowers irrevocably submit to the jurisdiction of any Texas state court or any United States court located in the State of Texas (or any court having jurisdiction over appeals from any such court) in any proceeding between or among them arising out of or in any way relating to this Amended and Restated Revolving Credit Note or the Loan Documents whether arising in contract, tort or otherwise.
Reference is made to the Loan Agreement and the Loan Documents for a statement of the rights and obligations of the Borrowers, a description of the nature and extent of the security and the rights of the parties with respect to such security, and a statement of the terms and conditions under which the due date of this Amended and Restated Revolving Credit Note may be accelerated.
On even date herewith, Borrowers shall execute and deliver to Fifth Third, the Amended and Restated Revolving Credit Note in the form attached hereto (the “Replacement Note”).