New Term Note

New Term Note. The Bank and the Loan Parties acknowledge and agree that the $5,000,000 Amended and Restated Term Note dated as of June 14, 1999 issued by the Borrower to the Bank and the $12,000,000 Amended and Restated Revolving Credit Note dated as of June 14, 1999 issued by the Borrower to the Bank are hereby cancelled and replaced with the $5,000,000 Second Amended and Restated Term Note (the "New Term Note") dated as of December __, 2000 and the $12,000,000 Second Amended and Restated ... Revolving Credit Note (the "New Revolving Credit Note") dated as of December __, 2000 in the form attached hereto as Exhibits A and B, respectively. The New Term Note shall evidence all amounts owed by the Borrower to the Bank with respect to the Term Credit. View More