Common use of Notes; Repayment of Loans Clause in Contracts

Notes; Repayment of Loans. The Loans made by each Lender shall be evidenced by a Note, which was duly executed and delivered on behalf of the Borrower on December 18, 1998 and was dated December 18, 1998, payable to the order of such Lender in a principal amount equal to such Lender's Commitment. The outstanding principal balance of each Loan, as evidenced by each applicable Note, shall be payable on the last day of the Interest Period applicable to such Loan and on the Maturity Date, and shall bear interest from the date of the first Borrowing hereunder on the outstanding principal balance thereof as set forth in Section 2.07. Each Lender shall, and is hereby authorized by the Borrower to, endorse on the schedule attached to each Note delivered to such Lender (or on a continuation of such schedule attached to such Note and made a part thereof), or otherwise to record in such Lender's internal records, an appropriate notation evidencing the date and amount of each applicable Loan from such Lender, each payment and prepayment of principal of any such Loan, each payment of interest on any such Loan and the other information provided for on such schedule; PROVIDED, THAT, the failure of any Lender to make such a notation or any error therein shall not affect the obligation of the Borrower to repay the Loans made by such Lender in accordance with the terms of this Amended Agreement and the applicable Note.

Appears in 2 contracts

Samples: Credit Agreement (United Surgical Partners International Inc), Pledge and Security Agreement (United Surgical Partners International Inc)

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Notes; Repayment of Loans. The Loans made by each Lender Bank shall be evidenced by a Note, which was duly executed and delivered on behalf of the Borrower on December 18Borrower, 1998 dated the Closing Date or the date of the effectiveness of the applicable Assignment and was dated December 18Acceptance, 1998as the case may be, in substantially the form attached hereto as Exhibit A, payable to the order of such Lender Bank in a an aggregate principal amount equal to such LenderBank's Commitment. The outstanding principal balance of each Loanall of the Loans, as evidenced by each applicable Notesuch Notes, shall be payable on the last day of the Interest Period applicable to such Loan and on the Maturity Termination Date, and . Each Note shall bear interest from the date of the first Borrowing hereunder thereof on the outstanding principal balance thereof as set forth in Section 2.072.7. Each Lender Bank shall, and is hereby authorized by the Borrower to, endorse on the schedule attached to each Note delivered to such Lender Bank (or on a continuation of such schedule attached to such Note and made a part thereof), or otherwise to record in such LenderBank's internal records, an appropriate notation evidencing the date and amount of each applicable Loan from such LenderBank, each payment and prepayment of principal of any such Loan, each payment of interest on any such Loan and the other information provided for on such schedule; PROVIDEDprovided, THAThowever, that the failure of any Lender Bank to make such a notation or any error therein shall not affect the obligation of the Borrower to repay the Loans made by such Lender Bank in accordance with the terms of this Amended Agreement and the applicable NoteNotes.

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (Marvel Entertainment Group Inc), Revolving Credit and Guaranty Agreement (Flagstar Companies Inc)

Notes; Repayment of Loans. The Loans made by each Lender shall be evidenced by a Note, which was Note duly executed and delivered on behalf of the Borrower on December 18Borrowers, 1998 and was dated December 18the Effective Date, 1998in substantially the form attached hereto as Exhibit A, with the blanks appropriately filled in, payable to the order of such Lender in a principal amount equal to such Lender's Commitment. The outstanding principal balance of each Loan, as evidenced by each applicable the Note, shall be payable on the last day of the Interest Period applicable to such Loan and on the Maturity Date, and . Each Note shall bear interest from the date of the first Borrowing hereunder Effective Date on the outstanding principal balance thereof as set forth in Section 2.07. Each Lender shall, and is hereby authorized by the Borrower Borrowers to, endorse on the schedule attached to each the Note delivered to such Lender (or on a continuation of such schedule attached to such Note and made a part thereof), or otherwise to record in such Lender's internal records, an appropriate notation evidencing the date and amount of each applicable Loan from such Lender, each payment and prepayment of principal of any such Loan, each payment of interest on any such Loan and the other information provided for on such schedule; PROVIDED, THATHOWEVER, that the failure of any Lender to make such a notation or any error therein shall not affect the obligation of the Borrower Borrowers to repay the Loans made by such Lender in accordance with the terms of this Amended Agreement and the applicable Note.

Appears in 1 contract

Samples: Credit Agreement (Horizon Healthcare Corp)

Notes; Repayment of Loans. The Loans made by each Lender to each Borrower shall be evidenced by a Note, which was duly executed and delivered on behalf of such Borrower, dated the Borrower on December 18Closing Date, 1998 and was dated December 18in substantially the form attached hereto as Exhibit A, 1998with the blanks appropriately filled, payable to the order of such Lender in a principal amount equal to such Lender's Commitment. The outstanding principal balance of each Loan, as evidenced by each applicable such a Note, shall be payable on the last day of the Interest Period applicable to such Loan and on the Maturity Date, and . Each Note shall bear interest from the date of the first Borrowing borrowing hereunder on the outstanding principal balance thereof as set forth in Section 2.072.06. Each Lender shall, and is hereby authorized by the Borrower Borrowers to, endorse on the schedule attached to each Note delivered to such Lender (or on a continuation of such schedule attached to such Note and made a part thereof), or otherwise to record in such Lender's internal records, an appropriate notation evidencing the date and amount of each applicable Loan from such Lender, each payment and prepayment of principal of any such Loan, each payment of interest on any such Loan and the other information provided for on such schedule; PROVIDEDprovided, THAThowever, that the failure of any Lender to make such a notation or any error therein shall not affect the obligation of the relevant Borrower to repay the Loans made by such Lender in accordance with the terms of this Amended Agreement and the applicable NoteNotes.

Appears in 1 contract

Samples: Credit Agreement (Dillards Inc)

Notes; Repayment of Loans. The Loans made by each Lender shall at the Lender's request be evidenced by a Note, which was duly executed and delivered on behalf of the Borrower on December 18Borrower, 1998 and was dated December 18the Closing Date, 1998in substantially the form attached hereto as Exhibit A, with the blanks appropriately filled, payable to the order of such Lender in a principal amount equal to such Lender's Commitment. The outstanding principal balance of each Loan, as evidenced by each applicable such a Note, shall be payable on the last day of the Interest Period applicable to such Loan and on the Maturity Date, and . Each Note shall bear interest from the date of the first Borrowing borrowing hereunder on the outstanding principal balance thereof as set forth in Section 2.072.06. Each Lender shall, and is hereby authorized by the Borrower to, endorse on the schedule attached to each Note delivered to such Lender (or on a continuation of such schedule attached to such Note and made a part thereof), or otherwise to record in such Lender's internal records, an appropriate notation evidencing the date and amount of each applicable Loan from such Lender, each payment and prepayment of principal of any such Loan, each payment of interest on any such Loan and the other information provided for on such schedule; PROVIDEDprovided, THAThowever, that the failure of any Lender to make such a notation or any error therein shall not affect the obligation of the Borrower to repay the Loans made by such Lender in accordance with the terms of this Amended Agreement and the applicable NoteNotes.

Appears in 1 contract

Samples: Credit Agreement (River Road Realty Corp)

Notes; Repayment of Loans. The Loans made by each Lender Bank shall be evidenced by a Note, which was duly executed and delivered on behalf of the Borrower on December 18Borrower, 1998 and was dated December 18the Closing Date, 1998in substantially the form attached hereto as Exhibit A with the blanks appropriately filled, payable to the order of such Lender Bank in a principal amount equal to such LenderBank's Commitment. The outstanding principal balance of each Loan, as evidenced by each applicable such a Note, shall be payable on the last day of the Interest Period applicable to such Loan and on the Maturity Date, and Loan. Each Note shall bear interest from the date of the first Borrowing Borrow- ing hereunder on the outstanding principal balance thereof as set forth in Section 2.072.06. Each Lender Bank shall, and is hereby authorized by the Borrower to, endorse on the schedule attached to each Note delivered to such Lender Bank (or on a continuation of such schedule attached to such Note and made a part thereof), or otherwise to record in such LenderBank's internal records, an appropriate notation evidencing the date and amount of each applicable Loan from such LenderBank, each payment and prepayment of principal of any such Loan, each payment of interest on any such Loan and the other information provided for on such schedule; PROVIDED, THATHOWEVER, that the failure of any Lender Bank to make such a notation or any error therein shall not affect the obligation of the Borrower to repay the Loans made by such Lender Bank in accordance with the terms of this Amended Agreement and the applicable NoteNotes.

Appears in 1 contract

Samples: Credit Agreement (Cleveland Cliffs Inc)

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Notes; Repayment of Loans. The Loans made by each Lender shall shall, upon request of a Lender, be evidenced by a Note, which was Note duly executed and delivered on behalf of the Borrower on December 18Borrower, 1998 and was dated December 18the Closing Date, 1998in substantially the form attached hereto as Exhibit A, with the blanks appropriately filled, payable to the order of such Lender in a principal amount equal to such Lender's Commitment. The outstanding principal balance of each Loan, as may be evidenced by each applicable such a Note, shall be payable on the last day of the Interest Period applicable to such Loan and on the Maturity Date, and . Each Loan shall bear interest from the date of the first Borrowing borrowing hereunder on the outstanding principal balance thereof as set forth in Section 2.07. Each To the extent any Notes have been issued, each Lender shall, and is hereby authorized by the Borrower to, endorse on the schedule attached to each Note delivered to such Lender (or on a continuation of such schedule attached to such Note and made a part thereof), or otherwise to record in such Lender's internal records, an appropriate notation evidencing the date and amount of each applicable Loan from such Lender, each payment and prepayment of principal of any such Loan, each payment of interest on any such Loan and the other information provided for on such schedule; PROVIDEDprovided, THAThowever, that the failure of any Lender to make such a notation or any error therein shall not affect the obligation of the Borrower to repay the Loans made by such Lender in accordance with the terms of this Amended Agreement and the applicable NoteNotes.

Appears in 1 contract

Samples: Credit Agreement (U Haul International Inc)

Notes; Repayment of Loans. (a) The Loans made by each Lender shall be evidenced by a Note, which was this Credit Agreement and/or one or more Notes duly executed and delivered on behalf of the Borrower on December 18Borrower, 1998 and was dated December 18the Closing Date, 1998in substantially the form attached hereto as Exhibit H, payable to the order of such a Lender in a the aggregate principal amount equal to the principal amount of the portion of the Loans advanced by such Lender's CommitmentLender plus the amount of interest capitalized thereon in accordance with the terms of this Credit Agreement. The outstanding principal balance of each Loan, as evidenced by each applicable Note, all Obligations shall be payable on the last day Termination Date (subject to earlier repayment as provided below). Each Loan (including, without limitation, PIK Interest and any other interest capitalized thereon and added to the outstanding principal balance of the Interest Period applicable to such Loan and on in accordance with the Maturity Date, and terms hereof) shall bear interest from the date of the first Borrowing hereunder such Loan is made on the outstanding principal balance thereof as set forth in this Section 2.072 or Section 5, as the case may be. Each Lender shall, and is hereby authorized by the Borrower to, to endorse on the a schedule attached to each Note delivered to such Lender (or on a continuation of such schedule attached to such Note and made a part thereof), or otherwise to record in such Lender's internal records, an appropriate notation evidencing the date and amount of each applicable Loan from such Lender, each payment and prepayment of principal of any such each Loan, each payment of interest on any such each Loan and the other information provided for on such schedule; PROVIDED, THATHOWEVER, that the failure of any Lender to make such a notation or any error therein shall not affect the obligation of the Borrower to repay the Loans made by such Lender in accordance with the terms of this Amended Credit Agreement and the applicable NoteNotes.

Appears in 1 contract

Samples: Credit Agreement (Prentice Capital Management, LP)

Notes; Repayment of Loans. The Loans made by each Lender Bank shall be evidenced by a Note, which was duly executed and delivered on behalf of the Borrower on December 18Borrower, 1998 and was dated December 18the date of this Agreement, 1998in substantially the form attached hereto as Exhibit A, with the blanks appropriately filled, payable to the order of such Lender Bank in a principal amount equal to such LenderBank's Commitment. The outstanding principal balance of each Loan, as evidenced by each applicable such a Note, shall be payable on the last day of the Interest Period applicable to such Loan and on the Maturity Expiration Date, and . Each Note shall bear interest from the date of the first Borrowing borrowing hereunder on the outstanding principal balance thereof as set forth in Section 2.072.06. Each Lender Bank shall, and is hereby authorized by the Borrower to, endorse on the schedule attached to each Note delivered to such Lender Bank (or on a continuation of such schedule attached to such Note and made a part thereof), or otherwise to record in such LenderBank's internal records, an appropriate notation evidencing the date and amount of each applicable Loan from such LenderBank, each payment and prepayment of principal of any such Loan, each payment of interest on any such Loan and the other information provided for on such schedule; PROVIDEDprovided, THAThowever, that any such recordation shall be conclusive absent manifest error and the failure of any Lender Bank to make such a notation or any error therein shall not affect the obligation of the Borrower to repay the Loans made by such Lender Bank in accordance with the terms of this Amended Agreement and the applicable NoteNotes.

Appears in 1 contract

Samples: Revolving Credit Agreement (Washington Water Power Co)

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