Acquisition Notes. Each Lender's Acquisition Loans and the obligation of the Borrower to repay such Acquisition Loans shall be evidenced by an Acquisition Note executed by the Borrower payable to the order of such Lender representing the Borrowers obligation to pay such Lender's Acquisition Loan Commitment or, if less, the aggregate unpaid principal amount of all Acquisition Loans made and to be made by such Lender to the Borrower hereunder, plus interest and all other fees, charges and other amounts due thereon. Each Acquisition Note shall be dated the date hereof and shall bear interest on the unpaid principal amount thereof at the applicable interest rate per annum specified in SECTION 4.7.
Acquisition Notes. The Acquisition Loans of each Lender shall be evidenced by a promissory note of the Borrower, substantially in the form of Exhibit A-2 with appropriate insertions as to payee, date and principal amount (an "Acquisition Note"), payable to the order of such Lender and representing the obligation of the Borrower to pay the amount of the Acquisition Loan made by such Lender. Each Lender is hereby authorized to record the date, Type and amount of its Acquisition Loan and the date and amount of each payment or prepayment of principal thereof and each Conversion of all or a portion thereof to another Type and, in the case of Eurodollar Loans, the Interest Period with respect thereto, on the schedule annexed to and constituting a part of its Acquisition Note, and any such recordation shall constitute prima facie evidence of the accuracy of the information so recorded; provided, that the failure of such Lender to make any such recordation shall not impair or otherwise affect the validity or enforceability of its Acquisition Note. Each Acquisition Note shall (a) be dated the Closing Date, (b) be stated to mature in installments in amounts equal to such Lender's Acquisition Loan Commitment Percentage of the amounts, and payable on the dates, calculated as set forth on Schedule 3.2, and (c) bear interest for the period from the date thereof on the unpaid principal amount thereof at the applicable interest rates per annum specified in Section 6.1. Interest on the Acquisition Notes shall be payable on the dates specified in Section 6.1(d).
Acquisition Notes. Each Acquisition Loan shall be evidenced by a promissory note substantially in the form attached to the Third Amendment as Exhibit B ("Acquisition Note"). Each Acquisition Note shall state the principal amount of the Acquisition Loan evidenced by the Acquisition Note, shall be dated as of the effective date of the Acquisition Loan, and shall provide for the Acquisition Note's maturity on the date five years after the date of the first required principal and interest payment.
Acquisition Notes. The Companies may from time to time issue to the Buyers senior secured notes in an aggregate amount not exceeding the Maximum Acquisition Amount to finance a portion of the cost of Acquisitions permitted under this Agreement, to be dated the date of issue thereof, to mature December 1, 2010, to bear interest as provided in Section 2.2 below and to be in the form of Exhibit A-2 hereto (the “Acquisition Notes”). The term “Acquisition Notes” as used herein shall include each such senior secured note delivered pursuant to any provision of this Agreement and each such senior secured note delivered in substitution or exchange for, or otherwise in respect of, any other Note pursuant to any such provision.
Acquisition Notes. The aggregate principal amount of the loans outstanding from time to time under this Section 2.2 is referred to as the "ACQUISITION LOAN". The Agent shall keep a record of the Acquisition Loan and the interests of the respective Lenders therein as part of the Register, which shall evidence the Acquisition Loan. The Acquisition Loan shall be deemed owed to each Lender having a Commitment therein severally in accordance with such Lender's Percentage Interest therein, and all payments thereon shall be for the account of each Lender in accordance with its Percentage Interest therein. Upon request of any Lender, the Company's obligations to pay such Lender's Percentage Interest in the Acquisition Loan shall be evidenced by a separate note of the Company in substantially the form of Exhibit 2.2.4 (the "ACQUISITION NOTES"), payable to such Lender in accordance with such Lender's Percentage Interest in the Acquisition Loan.
Acquisition Notes. The Acquisition Loans made by each Lender shall be evidenced by a duly executed promissory note of the Borrower to such Lender in an original principal amount equal to such Lender's Acquisition Loan Commitment Percentage of the Acquisition Loan Committed Amount and in substantially the form of EXHIBIT 2.3(e).
Acquisition Notes. The Acquisition Loans made by a Bank shall be evidenced by a single promissory note of the Borrower in substantially the form of Exhibit "B" hereto, payable to the order of such Bank in a principal amount equal to its Acquisition Commitment as originally in effect and otherwise duly completed.
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Acquisition Notes. Within 5 days of the Effective Date, deliver or cause to be delivered to the Collateral Agent, a fully executed copy of the Acquisition Note payable to Resource Dimensions, Inc., now known as Earl Xxxk, Inc., which was not delivered by the Loan Parties pursuant to Section 5.01(e)(xxii) of this Agreement, in form and substance satisfactory to the Collateral Agent.
Acquisition Notes. Buyer will have received countersigned copies of the Acquisition Notes, acknowledging receipt thereof, which Acquisition Notes provide for the payment of the obligations thereunder, provided, however, that certain of the Acquisition Notes and the obligations of the Company and payments owed thereunder shall terminate in the event the Company fails to successfully transfer those certain CLEC licenses to the Buyer Sub by the maturity date of the Acquisition Notes.
