SOFA Notes Clause Samples
SOFA Notes. The US Borrowers' obligations to pay the principal of, and interest on, the SOFA Loans made by each SOFA Lender shall be further evidenced by the US Borrowers issuance, execution and delivery of a SOFA Note payable to the order of each such SOFA Lender in the amount of such SOFA Lender's SOFA Commitment and shall be dated as of the date of issuance of such SOFA Note. The principal amount of each SOFA Note shall be payable in full on the SOFA Maturity Date and shall be payable prior to the SOFA Maturity Date in the amounts and to the extent provided in Section 2.11 hereof. Any part of the SOFA Loans repaid after the SOFA Commitment Termination Date may not be reborrowed.
SOFA Notes. SC Acquisition and SEAC shall have delivered to the Administrative Agent a duly completed and executed signature page to each SOFA Note held by each SOFA Lender to evidence that each of SC Acquisition and SEAC is a maker of each such SOFA Note and is jointly and severally obligated to pay the principal and interest on each such SOFA Note in full when due.
SOFA Notes. A duly completed and executed SOFA Note for each SOFA Lender and in each case dated as of the Closing Date, and payable to the order of such SOFA Lender.