Common use of Delivery and Endorsement of Notes Clause in Contracts

Delivery and Endorsement of Notes. On the Closing Date, Administrative Agent shall deliver to each Bank the Note payable to such Bank. Each Bank may endorse (and prior to any transfer of its Note shall endorse) on the schedules attached and forming a part thereof appropriate notations to evidence the date and amount of its Commitment Percentage of each Borrowing, the Interest Period applicable thereto, and the date and amount of each payment of principal made by Borrower with respect thereto; provided that the failure by any Bank to so endorse its Note shall not affect the liability of Borrower for the repayment of all amounts outstanding under such Note together with interest thereon. Each Bank is hereby irrevocably authorized by Borrower to endorse its Note and to attach to and make a part of any such Note a continuation of any such schedule as required.

Appears in 10 contracts

Samples: Credit Agreement (Denbury Resources Inc), Credit Agreement (Denbury Resources Inc), Credit Agreement (Denbury Resources Inc)

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Delivery and Endorsement of Notes. On Simultaneously with the Closing Dateexecution of this Agreement, Administrative Agent shall deliver to each Bank the Note payable to such Bank. Each Bank may endorse (and prior to any transfer of its Note shall endorse) on the schedules schedule attached and forming a part thereof to its Note appropriate notations to evidence the date and amount of its Commitment Percentage each advance of each funds made by it in respect of any Borrowing, the Interest Period applicable thereto, and the date and amount of each payment of principal made received by Borrower such Bank with respect theretoto the Loan; provided provided, that the failure by any Bank to so endorse its Note shall not affect the liability of Borrower for the repayment of all amounts outstanding under such Note Notes together with interest thereon. Each Bank is hereby irrevocably authorized by Borrower to endorse its Note and to attach to and make a part of any such Note a continuation of any such schedule as required.

Appears in 3 contracts

Samples: Credit Agreement (GeoMet, Inc.), Credit Agreement (GeoMet, Inc.), Credit Agreement (GeoMet, Inc.)

Delivery and Endorsement of Notes. On Simultaneously with the Closing Dateexecution of this Agreement, Administrative Agent shall deliver to each Bank the Note payable to such Bank. Each Bank may endorse (and prior to any transfer of its Note shall endorse) on the schedules schedule attached and forming a part thereof to its Note appropriate notations to evidence the date and amount of its Commitment Percentage each advance of each funds made by it in respect of any Borrowing, the Interest Period applicable thereto, and the date and amount of each payment of principal made received by Borrower such Bank with respect theretoto the Loan; provided PROVIDED that the failure by any Bank to so endorse its Note shall not affect the liability of Borrower for the repayment of all amounts outstanding under such Note Notes together with interest thereon. Each Bank is hereby irrevocably authorized by Borrower to endorse its Note and to attach to and make a part of any such Note a continuation of any such schedule as required.

Appears in 1 contract

Samples: Credit Agreement (Snyder Oil Corp)

Delivery and Endorsement of Notes. On the Closing Date, Administrative Agent shall deliver to each Bank the Note payable to such Bank. Each Bank may endorse (and prior to any transfer of its Note shall endorse) on the schedules attached and forming a part thereof appropriate notations to evidence the date and amount of its Commitment Percentage of each Borrowing, the Interest Period applicable thereto, and the date and amount of each payment of principal made by Borrower with respect thereto; provided that providedthat the failure by any Bank to so endorse its Note shall not affect the liability of Borrower for the repayment of all amounts outstanding under such Note together with interest thereon. Each Bank is hereby irrevocably authorized by Borrower to endorse its Note and to attach to and make a part of any such Note a continuation of any such schedule as required.

Appears in 1 contract

Samples: Credit Agreement (Whiting Petroleum Corp)

Delivery and Endorsement of Notes. On or before the Closing Date, Administrative Agent shall deliver to each Bank the Note payable to such Bank. Each Bank may endorse (and prior to any transfer of its Note shall endorse) on the schedules schedule attached and forming a part thereof to its Note appropriate notations to evidence the date and amount of its Commitment Percentage each advance of each funds made by it in respect of any Borrowing, the Interest Period applicable thereto, and the date and amount of each payment of principal made received by Borrower such Bank with respect theretoto the Loan; provided that provided, that, the failure by any Bank to so endorse its Note shall not affect the liability of Borrower for the repayment of all amounts outstanding under such Note Notes together with interest thereon. Each Bank is hereby irrevocably authorized by Borrower to endorse its Note and to attach to and make a part of any such Note a continuation of any such schedule as required.

Appears in 1 contract

Samples: Credit Agreement (Patina Oil & Gas Corp)

Delivery and Endorsement of Notes. On the Closing Date, ------------------------------------ Administrative Agent shall deliver to each Bank the Note payable to such Bank. Each Bank may endorse (and prior to any transfer of its Note shall endorse) on the schedules attached and forming a part thereof appropriate notations to evidence the date and amount of its Commitment Percentage of each Borrowing, the Interest Period applicable thereto, and the date and amount of each payment of principal made by Borrower with respect thereto; provided that the failure by any Bank to so endorse its Note shall not affect the liability of Borrower for the repayment of all amounts outstanding under such Note together with interest thereon. Each Bank is hereby irrevocably authorized by Borrower to endorse its Note and to attach to and make a part of any such Note a continuation of any such schedule as required.

Appears in 1 contract

Samples: Credit Agreement (Denbury Resources Inc)

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Delivery and Endorsement of Notes. On Simultaneously with the Closing Dateexecution of this Agreement, Administrative Agent shall deliver to each Bank the Note Notes payable to such BankBank referenced in Section 6.1(a). Each Bank may endorse (and prior to any transfer of its Note shall endorse) on the schedules attached and forming a part thereof appropriate notations to evidence the date and amount of its Commitment Percentage of each BorrowingLoan made by it, the Interest Period applicable thereto, and the date and amount of each payment of principal made by Borrower with respect thereto; , provided that the failure by any Bank to so endorse its Note shall not affect the liability of Borrower for the repayment of all amounts outstanding under such Note together with interest thereon. Each Bank is hereby irrevocably authorized by Borrower to endorse its Note and to attach to and make a part of any such Note a continuation of any such schedule as required.

Appears in 1 contract

Samples: Credit Agreement (Berry Petroleum Co)

Delivery and Endorsement of Notes. On the Closing Date, Administrative Agent shall deliver to each Bank that is requesting a Note the Note payable to such Bank. Each Bank may endorse (and prior to any transfer of its Note shall endorse) on the schedules attached and forming a part thereof appropriate notations to evidence the date and amount of its Commitment Percentage of each Borrowing, the Interest Period applicable thereto, and the date and amount of each payment of principal made by Borrower with respect thereto; provided that the failure by any Bank to so endorse its Note shall not affect the liability of Borrower for the repayment of all amounts outstanding under such Note together with interest thereon. Each Bank is hereby irrevocably authorized by Borrower to endorse its Note and to attach to and make a part of any such Note a continuation of any such schedule as required.

Appears in 1 contract

Samples: Credit Agreement (Delta Petroleum Corp/Co)

Delivery and Endorsement of Notes. On Simultaneously with the Closing Dateexecution of this Agreement, Administrative Agent shall deliver to each Bank the Note Notes payable to such BankBank referenced in Section 6.1(a). Each Bank may endorse (and prior to any transfer of its Note shall endorse) on the schedules attached and forming a part thereof appropriate notations to evidence the date and amount of its Commitment Percentage of each BorrowingLoan made by it, the Interest Period applicable thereto, and the date and amount of each payment of principal made by Borrower with respect thereto; , provided that the failure by any Bank to so endorse its Note shall not affect the liability of Borrower for the repayment of all amounts outstanding under such Note together with interest thereon. Each Bank is hereby irrevocably authorized by Borrower to endorse its Note and to attach to and make a part of any such Note a continuation of any such schedule as required.

Appears in 1 contract

Samples: Credit Agreement (Berry Petroleum Co)

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