Lender Notes. With respect to each Lender, the Advances made by such Lender to the Borrower shall be evidenced by a single promissory note executed by the Borrower (as the same may be amended, modified, extended or replaced from time to time, a “Lender Note” and collectively, the “Lender Notes”) substantially in the form of Exhibit B hereto, with appropriate insertions to reflect Advances (or portion thereof) actually funded by such Lender, the related applicable interest rates thereof and related repayments and appropriate revisions to reflect assignments effected in accordance with Section 13.4 of this Loan Agreement, payable to such Lender. For the avoidance of doubt, any Protective Advances made by a Lender shall not be required to be evidenced in its Lender Note and the Administrative Agent’s records shall constitute conclusive evidence that such Protective Advances have been made. The Borrower hereby irrevocably authorizes each Lender to make (or cause to be made) appropriate notations on the grid attached to its Lender Note (or on any continuation of such grid) or at such Lender’s option, in the records of such Lender, which notations, if made, shall evidence, inter alia, the date of, the outstanding principal of, and the interest rates and Interest Periods applicable to the Advances made by such Lender and related repayments and appropriate revisions to reflect assignments effected in accordance with Section 13.4 of this Loan Agreement. Such notations and records (absent manifest error) shall be conclusive evidence of the subject matter thereof; provided, however, that the failure to make any such notations or maintain any such records shall not limit or otherwise affect any Obligations of the Borrower. The Borrower hereby agrees to promptly execute and deliver a new Lender Note upon any assignment to a new Lender effected in accordance with Section 13.4 of this Loan Agreement, and each Lender making an assignment of all or any portion of its Lender Note will either (i) if such assignment is an assignment of its entire Lender Note, deliver its Lender Note to the Borrower for termination and cancellation effective upon Borrower’s execution and delivery of such new Lender Note to the assignee thereof or (ii) if such assignment is an assignment in part of such Lender Note, deliver its Lender Note to the Borrower for termination and cancellation effective upon Borrower’s execution and delivery of a new Lender Note to the assignee thereof and a new Lender Note to suc...
Lender Notes. (a) On the Loan Date to the extent requested by any Lender, the Borrowers shall (i) sign a Lender Note in the name of such Lender in a maximum principal amount equal to such Lender’s Percentage of the Aggregate Commitments, which such Lender Notes shall be dated the Loan Date and substantially in the form of Exhibit A (a “Lender Note”) and (ii) deliver such Lender Note to such Lender (with a copy to the Loan Agent). If requested by any Lender, the Borrower shall obtain a CUSIP or other loan identification number that is customary for the nature of the Loans made hereunder. To the extent any Lender does not elect to receive a Lender Note, the Registrar shall, upon instruction of the Borrower, deliver to such Lender a Confirmation of Registration in the form of Exhibit D hereto.
Lender Notes. Section 3.3
Lender Notes. The Lender Notes, duly executed by the Borrower.
Lender Notes. With respect to each Lender, the Advances made by such Lender to the Borrower shall be evidenced by a single promissory grid note executed by the Borrower (as the same may be amended, modified, extended or replaced from time to time, a “Lender Note” and collectively, the “Lender Notes”) substantially in the form of Exhibit B hereto, with appropriate insertions to reflect Advances actually funded by such Lender, the related applicable interest rates thereof and related repayments and appropriate revisions to reflect assignments effected in accordance with Section 13.4 of this Loan Agreement, payable to the order of such Lender. The Borrower hereby irrevocably authorizes each Lender to make (or cause to be made) appropriate notations on the grid attached to its Lender Note (or on any continuation of such grid) or at such Lender’s option, in the records of such Lender, which notations, if made, shall evidence, inter alia, the date of, the outstanding principal of, and the interest rates and Interest Periods applicable to the Advances made by such Lender and related repayments and appropriate revisions to reflect assignments effected in accordance with Section 13.4 of this Loan Agreement. Such notations shall be rebuttably presumptive evidence of the subject matter thereof absent manifest error; provided, however, that the failure to make any such notations shall not limit or otherwise affect any Obligations of the Borrower.
Lender Notes. Borrower shall have executed and delivered to Lender the Lender Notes dated the Execution Date in the aggregate principal amount of One Million Five Hundred Forty Thousand and No/100 Dollars ($1,540,000.00). The Lender Notes shall bear interest at the rate of twelve and one-half percent (12.5%) per annum;
Lender Notes. (i) On the Closing Date, the Borrower shall, to the extent requested by any Lender, (i) sign a Lender Note in the name of such Lender in the principal amount equal to such Lxxxxx’s Commitment, which Lender Notes shall be in Registered Form and dated the Closing Date and substantially in the form of Exhibit A (a “Lender Note”) and (ii) deliver such Lender Note to such Lender (with a copy to the Loan Agent). If requested by the Lead Lender, the Borrower shall obtain (or shall instruct an agent by separate written agreement to obtain on its behalf) a CUSIP or other loan identification number that is customary for the nature of the Loan made hereunder. To the extent the Lead Lender does not elect to receive a Lender Note, the Loan Agent shall, upon instruction of the Borrower, deliver to the Lead Lender a Confirmation of Registration in the form of Exhibit C hereto.
Lender Notes. All of the Loans made by a Lender shall be ------------- evidenced by a promissory note in the form attached hereto as Exhibit A (each a --------- "Lender Note" and collectively, the "Lender Notes") appropriately completed, ----------- ------------ duly executed and delivered on behalf of the Borrower and payable to the order of such Lender. The Borrowing Date and principal amount of each Loan, the interest rate and Interest Period applicable thereto and each repayment or prepayment of principal thereof shall be recorded in each Lender's internal records (or in the records of its Managing Agent on its behalf) and, prior to any transfer of any Lender Note, on the grid schedule annexed thereto, and the Borrower hereby authorizes each Lender (or its Managing Agent on its behalf) to make such recordation; provided, however, that the -------- ------- failure of any Lender (or its Managing Agent) to set forth any or all of such information on such schedule or any error in such schedule shall not in any manner affect the obligation of the Borrower to repay the Loans in accordance with the terms hereof and of such Lender Note. Such updated grid schedules, or other proper records maintained by a Lender (or by its Managing Agent on its behalf) in lieu thereof, shall be presumptively correct evidence of the Loans made by such Lender to the Borrower. The aggregate outstanding principal amount of the Loans at any time shall be the aggregate principal amount owing on the Lender Notes at such time.
