Common use of Competitive Bid Notes Clause in Contracts

Competitive Bid Notes. The Competitive Bid Loans made by any Lender shall be evidenced by a single promissory note of the Borrowers substantially in the form of Schedule 2.2 hereto, dated the Closing Date, payable to such Lender and otherwise duly completed.

Competitive Bid Notes. The Competitive Bid Loans made by any each Lender shall be evidenced by a single promissory note the Competitive Bid Note payable to the order of the Borrowers substantially in the form of Schedule 2.2 heretosuch Lender, which Competitive Bid Note shall be dated the Closing Date, payable Date or a later date pursuant to such Lender an Assignment and otherwise Assumption and shall be duly completed, executed and delivered by the Borrower.