Common use of Loans; Notes Clause in Contracts

Loans; Notes. Subject to the terms and conditions ------------ hereof, each Lender agrees to make loans to Borrower (herein called such Lender's "Loans") upon Borrower's request from time to time prior to January 1, 2000, provided that (a) subject to Sections 3.3, 3.4 and 3.6, all Lenders are requested to make Loans of the same Type in accordance with their respective Percentage Shares and as part of the same Borrowing, (b) after giving effect to such loans, the aggregate principal amount of outstanding Loans will not exceed the Maximum Loan Amount, and (c) after giving effect to such Loans, the Facility Usage does not exceed the lesser of (i) the Maximum Facility Amount and (ii) the Borrowing Base determined as of the date on which the requested Loans are to be made. The aggregate amount of all Loans in any Borrowing must be equal to $2,000,000 or any higher integral multiple of $250,000. Borrower may have no more than five Borrowings of Eurodollar Loans outstanding at any time. The obligation of Borrower to repay to each Lender the aggregate amount of all Loans made by such Lender, together with interest accruing in connection therewith, shall be evidenced by a single promissory note (herein called such Lender's "Note") made by Borrower payable to the order of such Lender in the form of Exhibit A with appropriate insertions. The amount of principal owing on any Lender's Note at any given time shall be the aggregate amount of all Loans theretofore made by such Lender minus all payments of principal theretofore received by such Lender on such Note. Interest on each Note shall accrue and be due and payable as provided herein and therein. Each Note shall be due and payable as provided herein and therein. Prior to November 30, 1999, subject to the terms and conditions of this Agreement, Borrower may borrow, repay and reborrow hereunder. Notwithstanding anything to the contrary contained in this Agreement or in any Note, Borrower shall pay the principal amount of the Loan on each day to the extent that the aggregate Loans exceed the Maximum Loan Amount on such day and shall pay all Loans on April 30, 2000.

Loans; Notes. (a) Subject to the terms and conditions ------------ hereof, each Lender severally agrees to make loans a single loan to Borrower Company (herein called collectively, the “Closing Date Loans”) on the Closing Date in an amount equal to such Lender's "Loans") upon Borrower's request from time to time prior to January 1, 2000, provided that (a) subject to Sections 3.3, 3.4 and 3.6, all ’s Commitment. All Closing Date Loans made simultaneously by the Lenders are requested to make Loans of the same Type in accordance with their respective Percentage Shares and as part of the same shall constitute a Borrowing, (b) after giving effect to such loans, the aggregate principal amount of outstanding Loans will not exceed the Maximum Loan Amount, and (c) after giving effect to such Loans, the Facility Usage does not exceed the lesser of (i) the Maximum Facility Amount and (ii) the Borrowing Base determined as of the date on which the requested Loans are to be made. The aggregate amount of all Loans in any Borrowing must be equal to $2,000,000 or any higher integral multiple of $250,000. Borrower may have no more than five Borrowings of Eurodollar Loans outstanding at any time. The obligation of Borrower Company to repay to each Lender the aggregate amount of all Loans the Closing Date Loan made by such Lender, together with interest accruing in connection therewith, shall be evidenced by a single promissory note (herein called such Lender's "Note") made by Borrower Note payable to the order of such Lender in the form of Exhibit A with appropriate insertions. The amount of principal owing on any Lender's Note at any given time shall be . (b) In the event that Lenders agree to increase their aggregate amount of all Loans theretofore made by such Lender minus all payments of principal theretofore received by such Lender on such Note. Interest on each Note shall accrue and be due and payable as provided herein and therein. Each Note shall be due and payable as provided herein and therein. Prior Commitments hereunder pursuant to November 30a Commitment Increment under Section 2.9, 1999, then subject to the terms and conditions hereof, each Lender severally agrees to make a single loan to Company (collectively, the “Additional Loans”) on the effective date of this Agreementany such Commitment Increment in an amount equal to such Lender’s Percentage Share of such Commitment Increment. All Additional Loans (if any) made by the Lenders on or about the same date in accordance with their respective Percentage Shares shall constitute a Borrowing. The obligation of Company to repay to each Lender the aggregate amount of all Additional Loans (if any) made by such Lender, Borrower may borrowtogether with interest accruing in connection therewith, repay and reborrow hereunder. Notwithstanding anything shall be evidenced by a single Note payable to the contrary contained order of such Lender in this Agreement or in any Note, Borrower shall pay the principal amount form of the Loan on each day to the extent that the aggregate Loans exceed the Maximum Loan Amount on such day and shall pay all Loans on April 30, 2000Exhibit A with appropriate insertions.