Borrower’s Note. (a) Each Borrowers’ obligation to pay the principal of and interest on the Loan (including Late Charges, Default Rate interest, and the prepayment premium, if any), shall be evidenced by this Agreement and by the Note, duly executed and delivered by all Borrowers. The Note shall be payable as to principal, interest, Late Charges, Default Rate interest and prepayment premium, if any, as specified in this Agreement, with a final maturity on the Maturity Date. Borrowers shall pay all outstanding Indebtedness on the Maturity Date. (b) Lender is hereby authorized, at its option, to endorse on a schedule attached to the Note (or on a continuation of such schedule attached to the Note and made a part thereof) an appropriate notation evidencing the date and amount of each payment of principal, interest, Late Charges, Default Rate interest and prepayment premium, if any, in respect thereof, which schedule shall be made available to Borrowers, at Borrowers’ sole cost and expense on reasonable advance notice, for examination at Lender’s offices.
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Samples: Loan Agreement, Loan Agreement (Ashford Hospitality Trust Inc), Loan Agreement (Ashford Hospitality Trust Inc)
Borrower’s Note. (a) Each Borrowers’ Borrower's obligation to pay the principal of and interest on the Loan (including Late Charges, Default Rate interest, and the prepayment premiumPrepayment Premium, if any), shall be evidenced by this Agreement and by the Note, duly executed and delivered by all BorrowersBorrower. The Note shall be payable as to principal, interest, Late Charges, Default Rate interest and prepayment premiumPrepayment Premium, if any, as specified in this Agreement, with a final maturity on the Maturity Date. Borrowers Borrower shall pay all outstanding Indebtedness on the Maturity Date.
(b) Lender is hereby authorized, at its option, to endorse on a schedule attached to the Note (or on a continuation of such schedule attached to the Note and made a part thereof) an appropriate notation evidencing the date and amount of each payment of principal, interest, Late Charges, Default Rate interest and prepayment premiumPrepayment Premium, if any, in respect thereof, which schedule shall be made available to BorrowersBorrower, at Borrowers’ Borrower's sole cost and expense on reasonable advance notice, for examination at Lender’s 's offices.
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Samples: Mezzanine Loan Agreement (Ashford Hospitality Trust Inc)
Borrower’s Note. (a) Each Borrowers’ Borrower’s obligation to pay the principal of and interest on the Loan (including Late Charges, Default Rate interest, and the prepayment premiumPrepayment Premium, if any), shall be evidenced by this Agreement and by the Note, duly executed and delivered by all BorrowersBorrower. The Note shall be payable as to principal, interest, Late Charges, Default Rate interest and prepayment premiumPrepayment Premium, if any, as specified in this Agreement, with a final maturity on the Maturity Date. Borrowers Borrower shall pay all outstanding Indebtedness on the Maturity Date.
(b) Lender is hereby authorized, at its option, to endorse on a schedule attached to the Note (or on a continuation of such schedule attached to the Note and made a part thereof) an appropriate notation evidencing the date and amount of each payment of principal, interest, Late Charges, Default Rate interest and prepayment premiumPrepayment Premium, if any, in respect thereof, which schedule shall be made available to BorrowersBorrower, at Borrowers’ Borrower’s sole cost and expense on reasonable advance notice, for examination at Lender’s offices.
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