Notes; Notations Sample Clauses

Notes; Notations. Each Lender is hereby authorized to record the date and amount of each funding made in respect of an Advance, each payment or repayment of principal and the length of each Payment Period with respect thereto on the grid annexed to and constituting a part of each Note issued to such Lender, and any such recordation shall constitute prima facie evidence of the accuracy of the information so recorded; provided, that the failure to make any such recordation or any errors in such recordation shall not affect the obligation of the Borrower to pay principal and Interest.

Notes; Notations. Each Lender may request that its Advances hereunder be evidenced by a revolving note, in form and substance reasonably satisfactory to the Administrative Agent and the Borrower, and the Borrower agrees to execute deliver such revolving note to any requesting Lender. Each such Lender is hereby authorized to enter on a schedule attached to such note a notation (which may be computer generated) with respect to each Advance under such note made by the applicable Lender of: (i) the date and principal amount thereof, and (ii) each repayment of principal thereof, and any such recordation, absent manifest error, shall constitute prima facie evidence of the accuracy of the information so recorded. The failure of any Lender to make any such notation on the schedule attached to any such note shall not limit or otherwise affect the obligation of the Borrower to repay the Advances in accordance with their respective terms as set forth herein.

Notes; Notations. Upon the consummation of each Advance, each Lender may make a notation on the grid attached to such Lender's Note indicating the amount of the Loan advanced by such Lender on such Advance Date, and the Agent, on behalf of Lessor and the Lenders, shall make a notation on its records indicating the amount of the Loan advanced by each Lender and the portion of the Equity Amount so advanced by Lessor on such Advance Date. In addition, on each Payment Date during any Construction Period, with respect to the amount of Capitalized Interest and Capitalized Yield due for Advances made in connection with Undeveloped Sites, in the event an Advance Request is made to pay such Capitalized Interest and Capitalized Yield (it being understood that Lessor shall cause such Capitalized Interest and Capitalized Yield to be paid by operation of such Advance Request, if duly included in the Advance Request made by Lessee in its capacity as Construction Agent, or in lieu of including such payment in such Advance Request, Lessee in its capacity as Construction Agent may elect to pay such Capitalized Interest and Capitalized Yield from its own funds in order to avoid having Lessor default in the payment thereof and avoid having such amounts included in the Lease Balance; provided, however, that such election to include or exclude Capitalized Interest and Capitalized Yield in the Advance Request must be made as described in Section 2.5(a)) each Lender shall make a notation on the grid attached to such Lender's Note indicating the amount of Capitalized Interest on such Lender's Note during the Interest Period ending on such Payment Date (which Capitalized Interest shall thereby be added to the principal amount of such Note). Lessor shall make a notation on its records indicating the amount of Capitalized Yield on the Equity Amount during the Interest Period. Each Participant is hereby authorized to record the date and amount of each Advance made by such Participant, each continuation thereof, the date and amount of each payment or repayment of principal or Equity Amount thereof (as the case may be) and the length of each Interest Period with respect thereto, on the grid annexed to and constituting a part of each Note held by such Participant or the records of Agent, as applicable, and any such recordation shall constitute prima facie evidence of the accuracy of the information so recorded, provided, however that the failure to make any such recordation or any error in such recordati...