Borrower’s Note Sample Clauses

Borrower’s Note. Borrower’s obligation to pay the principal of and interest on the Loan and all other amounts due under the Loan Documents shall be evidenced initially by the Note, duly executed and delivered by Borrower and registered in the name of Lender on the Closing Date. The Note shall be payable as to principal, interest and all other amounts due under the Loan Documents, as specified in this Agreement, with a final maturity on the Maturity Date. Lender shall have the right to have the Note subdivided, by exchange for promissory notes of lesser denominations in the form of the initial Note, upon written request to Borrower and, in such event, Borrower shall promptly execute additional or replacement Notes. At no time shall the aggregate original principal amount of the Note (or of such replacement Notes) exceed the Loan Amount.
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Borrower’s Note. (a) Borrower's obligation to pay the principal of and interest on the Loan (including Late Charges, Default Rate interest, and the Yield Maintenance Premium, if any), shall be evidenced by this Agreement and by the Note, duly executed and delivered by Borrower. The Note shall be payable as to principal, interest, Late Charges, Default Rate interest and Yield Maintenance Premium, if any, as specified in this Agreement, with a final maturity on the Maturity Date. Borrower shall pay all outstanding Indebtedness on the Maturity Date.
Borrower’s Note. Borrower’s obligation to pay the principal of and interest on the Loan and all other amounts due under the Loan Documents shall be evidenced initially by the Note, duly executed and delivered by Borrower on the Closing Date. The Note shall be payable as to principal, interest and all other amounts due under the Loan Documents, as specified in this Agreement, with a final maturity on the Maturity Date. Lender shall have the right to have the Note subdivided, by exchange for promissory notes of lesser denominations in the form of the initial Note, upon written request to Borrower and, in such event, Borrower shall promptly execute additional or replacement Notes, at the Lender’s sole expense with respect to Borrower’s reasonable out-of-pocket costs in the event and to the extent Borrower incurs costs in connection therewith other than in connection with the execution of such additional or replacement Notes. At no time shall the aggregate original principal amount of the Note (or of such replacement Notes) exceed the Loan Amount.
Borrower’s Note. The loan shall be evidenced by a Non-Revolving Line of Credit Promissory Note (the “Note”) in the principal amount of Two Million Seven Hundred Thousand and No/100 Dollars ($2,700,000.00), which Note shall bear interest at the rate specified in the Note.
Borrower’s Note. Borrower will execute and deliver to Lender a revolving promissory note of even date herewith in form and substance and payable on terms approved by Lender (the “Working Capital Note”) having the following terms:
Borrower’s Note. The Loans shall be evidenced by the Note, which Note shall be signed by Borrower and delivered to Lender concurrently with execution of this Agreement. Principal and interest shall be payable on the Note as follow:
Borrower’s Note. Borrower's obligation to pay the principal of and interest on the Loan and all other amounts due under the Loan Documents shall be evidenced by the Note, duly executed and delivered by Borrower on the Closing Date. The Note shall be payable as to principal, interest and all other amounts due under the Loan Documents, as specified in this Agreement, with a final maturity on the Maturity Date. The Agent and the Collateral Agent are hereby authorized to endorse on the schedule attached to the Note (or on a continuation of such schedule attached to the Note and made a part thereof) an appropriate notation evidencing the date and amount of each payment of principal, interest or other amounts due under the Loan Documents, in respect thereof. Such schedule shall, absent manifest error, constitute prima facie evidence of the accuracy of the information contained therein. The failure of the Agent or the Collateral Agent to make a notation on the schedule to the Note as aforesaid shall not affect the obligations of Borrower hereunder or under the Note or any other Loan Document in any respect. The Agent shall have the right to have the Note subdivided, by exchange for promissory notes of lesser denominations or otherwise, upon written request to the Borrower and, in such event, the Borrower shall promptly execute additional or replacement Notes (the Agent agreeing to return or cause to be returned any superseded original promissory notes to the Borrower prior to or contemporaneously with the delivery of the replacement or additional Note); PROVIDED, that the Borrower shall not incur any additional cost or liability in connection with such subdivision in excess of that contemplated by the original Note. At no time shall the aggregate original principal amount of the Note exceed the Loan Amount.
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Borrower’s Note. Lender has agreed to extend a Loan to Borrower in the amount of $2,000,000 subject to the terms and conditions of this Agreement and Borrower's attached Note. Borrower agrees to be bound and obligated under the terms and conditions of this Agreement and Borrower's Note.
Borrower’s Note. The Loan shall be evidenced by a Consolidated, Amended, Restated and Increased Promissory Note (the “Note”) in the maximum principal amount of $27,420,538.01, which Note shall be signed by Borrower and delivered to Lender concurrently with execution of this Agreement. The Loan shall be paid by Borrower to Lender in accordance with the terms of the Note.
Borrower’s Note. (a) Borrower's obligation to pay the principal of and interest on the Loan shall be evidenced by the Note, duly executed and delivered by Borrower. The Note shall be payable as to principal and interest as specified in this Agreement, with a final maturity on the Maturity Date. All outstanding Indebtedness of Borrower under the Note shall be paid by Borrower on the Maturity Date.
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