Common use of THE LENDER NOTE Clause in Contracts

THE LENDER NOTE. The Loan shall be evidenced by a Senior Secured Promissory Note dated the date hereof (the "LENDER NOTE"), representing the obligation of the Company to repay the Loan, together with interest thereon. A form of the Lender Note is attached hereto as Exhibit A. The Company authorizes Lender to endorse the date and amount of the Loan and any prepayment on the schedule annexed to and constituting a part of the Lender Note, which endorsement shall constitute prima facia evidence of the accuracy of the information, in the absence of manifest error. The failure to record any such amount or any error in recording shall not, however, limit or otherwise affect the obligations of the Company to repay the principal amount of the Loan together with all interest accruing thereon.