Common use of Loan Note Clause in Contracts

Loan Note. The obligation of the Borrower to repay the unpaid principal amount of the IHS Line of Credit, together with interest thereon, and Lender's fees and costs in connection therewith shall be evidenced by that certain Subordinated Note dated December 27, 1996 (the "Note") of Borrower of even date herewith, payable to the order of Lender in a face amount equal to the maximum loan amount set forth in Section 1, above, and having a maturity date which is on the second anniversary of the date hereof (the "Maturity Date").

Loan Note. The obligation of the Borrower to repay the unpaid principal amount of the IHS Line of CreditCredit II, together with interest thereon, thereon and Lender's fees and costs in connection therewith therewith, shall be evidenced by that certain Secured Subordinated Note dated December 27, 1996 (the "Note") of Borrower Borrower, of even date herewith, payable to the order of Lender Lender, in a face amount equal to the maximum loan amount set forth in Section 1I, above, and having a maturity date which is on the second anniversary of the date hereof (the "Maturity Date").