Common use of Loan Notes Clause in Contracts

Loan Notes. The Loans made by any Lender shall be evidenced, upon request by such Lender, by a promissory note of the Borrower payable to such Lender in substantially the form of Exhibit 2.6 (a) hereto (a "Loan Note") and in a principal amount equal to the amount of such Lender's Commitment Percentage of the Loan Commitment as originally in effect. The date, amount, type, interest rate and duration of Interest Period (if applicable) of each Loan made by each Lender to the Borrower, and each payment made on account of the principal thereof, shall be recorded by such Lender on its books; provided that the failure of such Lender to make any such recordation or endorsement shall not affect the obligations of the Borrower to make a payment when due of any amount owing hereunder or under any Loan Note, and each such recordation or endorsement shall be conclusive and binding absent manifest error.

Loan Notes. (a) The Loans made by any Lender shall be evidenced, upon request by such Lender, by a promissory note of the Borrower payable to such Lender in substantially the form of Exhibit 2.6 (a) hereto (a "Loan Note") and in a principal amount equal to the amount of such Lender's Commitment Percentage of the Loan Commitment as originally in effect. . (b) The date, amount, type, interest rate and duration of Interest Period (if applicable) of each Loan made by each Lender to the Borrower, and each payment made on account of the principal thereof, shall be recorded by such Lender on its books; provided that the failure of such Lender to make any such recordation or endorsement shall not affect the obligations of the Borrower to make a payment when due of any amount owing hereunder or under any Loan Note, and each such recordation or endorsement shall be conclusive and binding absent manifest error.