Common use of Delivery and Endorsement of Notes Clause in Contracts

Delivery and Endorsement of Notes. Simultaneously with the execution of this Agreement, Administrative Agent shall deliver to each Bank the Notes payable to such Bank. Each Bank may endorse (and prior to any transfer of its Notes 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 Notes shall not affect the liability of Borrower for the repayment of all amounts outstanding under such Notes together with interest thereon. Each Bank is hereby irrevocably authorized by Borrower to endorse its Notes and to attach to and make a part of any Notes a continuation of any such schedule as required.

Appears in 1 contract

Samples: Loan Agreement (Petroglyph Energy Inc)

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Delivery and Endorsement of Notes. Simultaneously with the --------------------------------- execution of this Agreement, Administrative Agent shall deliver to each Bank the Notes Note payable to such Bank. Each Bank may endorse (and prior to any transfer of its Notes 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 the failure by any Bank to so endorse its Notes Note shall not -------- affect the liability of Borrower for the repayment of all amounts outstanding under such Notes together with interest thereon. Each Bank is hereby irrevocably authorized by Borrower to endorse its Notes Note and to attach to and make a part of any Notes 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. Simultaneously with the execution of this Agreement, Administrative Agent shall deliver to each Bank the Notes Note payable to such Bank. Each Bank may endorse (and prior to any transfer of its Notes 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 Notes Note shall not affect the liability of Borrower for the repayment of all amounts outstanding under such Notes Note together with interest thereon. Each Bank is hereby irrevocably authorized by Borrower to endorse its Notes Note and to attach to and make a part of any Notes Note a continuation of any such schedule as required.

Appears in 1 contract

Samples: Credit Agreement (Denbury Management Inc)

Delivery and Endorsement of Notes. Simultaneously with On the execution of this Agreement--------------------------------- Closing Date, Administrative Agent shall deliver to each Bank the Notes Note payable to such Bank. Each Bank may endorse (and prior to any transfer of its Notes 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 Notes Note shall not affect the liability of Borrower for the repayment of all amounts outstanding under such Notes Note together with interest thereon. Each Bank is hereby irrevocably authorized by Borrower to endorse its Notes Note and to attach to and make a part of any Notes such Note a continuation of any such schedule as required.

Appears in 1 contract

Samples: Credit Agreement (Quicksilver Resources Inc)

Delivery and Endorsement of Notes. Simultaneously with On or before the execution of this Agreement--------------------------------- Closing Date, Administrative Agent shall deliver to each Bank the Notes Note payable to such Bank. Each Bank may endorse (and prior to any transfer of its Notes 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 the failure by any Bank to so endorse its Notes Note shall not affect -------- ---- the liability of Borrower for the repayment of all amounts outstanding under such Notes together with interest thereon. Each Bank is hereby irrevocably authorized by Borrower to endorse its Notes Note and to attach to and make a part of any Notes Note a continuation of any such schedule as required.

Appears in 1 contract

Samples: Credit Agreement (Patina Oil & Gas Corp)

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Delivery and Endorsement of Notes. Simultaneously with On the execution of this AgreementClosing Date, --------------------------------- Administrative Agent shall deliver to each Bank the Notes Note payable to such Bank. Each Bank may endorse (and prior to any transfer of its Notes 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 Notes Note shall not affect the liability of Borrower for the repayment of all amounts outstanding under such Notes Note together with interest thereon. Each Bank is hereby irrevocably authorized by Borrower to endorse its Notes Note and to attach to and make a part of any Notes such Note a continuation of any such schedule as required.

Appears in 1 contract

Samples: Credit Agreement (Quicksilver Resources Inc)

Delivery and Endorsement of Notes. Simultaneously with the execution of this Agreement, Administrative Agent shall deliver to each Bank the Notes Note payable to such Bank. Each Bank may endorse (and prior to any transfer of its Notes 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 the failure by any Bank to so endorse its Notes Note shall not affect the joint and several liability of Borrower Borrowers for the repayment of all amounts outstanding under such Notes together with interest thereon. Each Bank is hereby irrevocably authorized by each Borrower to endorse its Notes Note and to attach to and make a part of any Notes Note a continuation of any such schedule as required.

Appears in 1 contract

Samples: Credit Agreement (Prize Energy Corp)

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