SEC Filings

10-12G
AMSURG CORP filed this Form 10-12G on 03/11/1997
Entire Document
 
<PAGE>   49

                 The term "maximum lawful rate of interest" as used herein
         shall mean a rate of interest equal to the higher or greater of the
         following: (a) the "applicable formula rate" defined in Tennessee Code
         Annotated Section 47-14-102(2), or (b) such other rate of interest as
         may be charged under other applicable laws or regulations.

                 This Note is a secured Note.

                 This Note has been executed and delivered in, and shall be
         governed by and construed according to the laws of the State of
         Tennessee except to the extent pre-empted by applicable laws of the
         United States of America.

                 This Note may not be changed or terminated without the prior
         written approval of the Lender and the Borrower. No waiver of any term
         or provision hereof shall be valid unless in writing signed by the
         holder.

                 Executed this 25th day of June, 1996.


                                        BORROWER:

                                        AMSURG CORP., a Tennessee
                                          corporation


                                        By:
                                           -----------------------------

                                        Title:
                                              --------------------------
ACCEPTED BY:

SUNTRUST BANK, NASHVILLE, N.A.


By:
   ------------------------------

Title:
      ---------------------------





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