Common use of EFFECTIVE DATE OF THE NOTE Clause in Contracts

EFFECTIVE DATE OF THE NOTE. The Effective Date of this Note for purposes of its status as a binding legal obligation of the Maker is the date hereof, which is also the date after which interest shall accrue on the unpaid principal balance hereof.

EFFECTIVE DATE OF THE NOTE. The Effective Date of this Note for purposes of its status as a binding legal obligation of the Maker is the date hereof, on which is also funds have been advanced by the date Holder and after which interest shall accrue on the unpaid principal balance hereof.

EFFECTIVE DATE OF THE NOTE. The Effective Date of this Note for purposes of its status as a binding legal obligation of the Maker is the date hereof, which is also the date on which funds have been advanced by the Holder and after which interest shall accrue on the unpaid principal balance hereof.