Equipment Note. The Equipment Note to be delivered on the Closing Date shall have been duly authorized, executed and delivered to the Loan Participant by a duly authorized officer of the Owner Trustee and duly authenticated by the Indenture Trustee.
Equipment Note. The obligations of Borrower in respect of the Equipment Loans and any interest accrued thereon shall be evidenced by a Promissory Note executed and delivered to Bank on the date hereof, in the face amount of $5,000,000 ("Equipment Note"). Borrower hereby irrevocably authorizes Bank to make appropriate notations on any Schedule attached to the Equipment Note, which notations, if made, shall evidence the date of, the outstanding principal of, and payments on the Equipment Loans evidenced thereby. Bank's notations on any Schedule attached to the Equipment Note shall constitute rebuttable presumptive evidence of the principal amount of Equipment Loans outstanding, but any failure to record any information on any such Schedule shall not limit or affect the obligations of Borrower hereunder or under the Equipment Note to make payments of principal or interest on the Equipment Loans when due.
Equipment Note. Except as set forth in Sections 2.8(e), 2.8(f) and 2.8(g), the outstanding principal balance of the Equipment Note shall bear interest at the Term Floating Rate.
Equipment Note. Exhibit A-2 attached to the Loan Agreement is deleted and in lieu thereof is substituted Exhibit A-2 attached to this Amendment.
Equipment Note. The Equipment Loan shall be evidenced by Term Promissory Note in the face amount of $1,400,000.00 dated as of even date herewith (the “Equipment Note”) and shall be payable in accordance with the terms of the Equipment Note and this Agreement.
Equipment Note. Borrower shall have delivered to Agent an executed original of the Equipment Note in form attached hereto as Exhibit B;
Equipment Note. Each Equipment Loan shall be evidenced by a promissory note in the form attached hereto as Exhibit B (the "Equipment Note").
Equipment Note. “Remaining Weighted Average Life” on a given date with respect to any Equipment Note shall be the number of days equal to the quotient obtained by dividing (a) the sum of each of the products obtained by multiplying (i) the amount of each then remaining scheduled payment of principal of such Equipment Note by (ii) the number of days from and including such determination date to but excluding the date on which such payment of principal is scheduled to be made, by (b) the then outstanding principal amount of such Equipment Note.
Equipment Note. The Equipment Loan shall be evidenced by the Equipment Note and the Loan Documents.
Equipment Note. The Equipment Advance shall be evidenced by a promissory note in substantially the form of Exhibit E-1 attached hereto. payable to the order of each Lender and representing the obligation of a Borrower to pay the aggregate unpaid principal amount of all Equipment Advances made by that Lender, with interest thereon as prescribed in Section 2.2. Each Lender is hereby authorized to record in its books and records and on any schedule annexed to its Equipment Note, the date and amount of each Equipment Advance made by that Lender, and the date and amount of each payment of principal thereof, and any such recordation shall constitute prima facie evidence of the accuracy of the information so recorded; provided that failure by any Lender to effect such recordation shall not affect a Borrower’s obligations hereunder. Prior to the transfer of an Equipment Note, the transferring Lender shall record such information on any schedule annexed to and forming a part of such Equipment Note.
