Common use of Canadian Notes Clause in Contracts

Canadian Notes. The Canadian Loans made by each Canadian Lender shall be evidenced by a single promissory note of each Canadian Borrower in substantially the form of Exhibit A-2, dated (i) the Closing Date or (ii) the effective date of an Assignment pursuant to Section 12.06(b), payable to the order of such Canadian Lender in a principal amount equal to its Maximum Credit Amount as originally in effect and otherwise duly completed and such substitute Notes as required by Section 12.06(b) and otherwise duly completed.