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TERM NOTE

Promissory Note

TERM NOTE | Document Parties: J. B. Hunt Transport, Inc | SunTrust Bank You are currently viewing:
This Promissory Note involves

J. B. Hunt Transport, Inc | SunTrust Bank

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Title: TERM NOTE
Governing Law: Tennessee     Date: 10/5/2006
Industry: Trucking    

TERM NOTE, Parties: j. b. hunt transport  inc , suntrust bank
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Exhibit 10.2

TERM NOTE

$100,000,000

Nashville, Tennessee

 

September 29, 2006

 

FOR VALUE RECEIVED, the undersigned, J. B. Hunt Transport, Inc., a Georgia corporation (the “Borrower” ), hereby promises to pay to SunTrust Bank (the “Lender” ) or its registered assigns, at the office of SunTrust Bank ( “SunTrust” ) at 25 Park Place, N.E., Atlanta, Georgia 30303, (i) on the Maturity Date (as defined in the Term Loan Agreement dated as of September 29, 2006, as the same may be amended, supplemented or otherwise modified from time to time, the “Credit Agreement” ), among the Borrower, the Lenders from time to time party thereto and SunTrust, as Administrative Agent for the Lenders, the aggregate unpaid principal amount of the Term Loan made by the Lender to the Borrower pursuant to the Credit Agreement, and (ii) on each date specified in the Credit Agreement prior to the Maturity Date, the principal amount of the Term Loan made to the Borrower by the Lender pursuant to the Credit Agreement and payable to the Lender on such date as specified therein, in each case in lawful money of the United States of America in immediately available funds, and to pay interest from the date hereof on the principal amount thereof from time to time outstanding, in like funds, at said office, at the rate or rates per annum and payable on such dates as provided


 
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