Common use of CONTRACT NOTE Clause in Contracts

CONTRACT NOTE. All Contract Loans made or deemed made by each Lender shall be evidenced by a promissory note (a "Contract Note") of the Borrowers, substantially in the form of Exhibit A-1, payable to the order of such Lender at the office of the Agent for the account of such Lender and in a maximum principal amount equal to such Lender's Commitment.

CONTRACT NOTE. All Contract Loans made or deemed made by each Lender shall be evidenced by a promissory note (a "Contract Note") of the Borrowers, dated the Effective Date and substantially in the form of Exhibit A-1, payable to the order of such Lender at the office of the Administrative Agent for the account of such Lender and in a maximum principal amount equal to such Lender's Commitment.