The obligations of each Term C Lender hereunder shall be several and not joint.
On the terms and subject to the conditions contained in this Agreement, each Yen Term C Lender severally agrees to make a loan (each a Yen Term C Loan) in Yen to the U.S. Borrower on the Closing Date in an amount equal to such Yen Term C Lenders Yen Term C Commitment.
The Term Loan C shall, upon the request of any Lender pursuant to Section 1.10, be evidenced by a Note, and, upon such request as provided in Section 1.10, Borrower shall execute and deliver each Note to the applicable Term C Lender.
The aggregate amount payable to any Term C Lender on any Term C Reduction Date shall be determined in accordance with the provisions of Section 2.13.
Upon receipt of such Borrowing Notice the Agent shall promptly notify each Term C Lender thereof not later than 11:00 A.M., Los Angeles time, on the date of receipt of such Borrowing Notice.