Facility C Note Sample Clauses
Facility C Note. The Facility C Loan shall be evidenced by the Facility C Loan Note. At the time of the initial disbursement of the Facility C Loan or a repayment made in whole or in part thereon, a notation thereof shall be made on the books and records of the Bank. All amounts recorded shall be, absent demonstrable error, conclusive and binding evidence of (i) the principal amount of the Facility C Loan advanced hereunder, (ii) any accrued and unpaid interest owing on the Facility C and (iii) all amounts repaid on the Facility C Loan. The failure to record any such amount or any error in recording such amounts shall not, however, limit or otherwise affect the obligations of the Borrower under the Facility C Loan Note to repay the principal amount of the Facility C Loan, together with all interest accruing thereon.
Facility C Note. The obligations of Borrowers to repay the unpaid principal amount of each Facility C Loan made to any Borrower by Bank and to pay interest on the unpaid principal amount thereof shall be joint and several and shall be evidenced in part by a Facility C Note of Borrowers, dated the Closing Date, in substantially the form attached as Exhibit "C" to this Agreement, with the blanks appropriately filled. Each executed Facility C Note shall be delivered by Borrowers to Bank on the date the related Facility C Loan is made by Bank.