Common use of Collateral Notes Clause in Contracts

Collateral Notes. In addition to the Revolving Credit Notes, the Borrower agrees that with respect to any of the Real Estate to be mortgaged by it or any of its Subsidiaries hereunder, it will execute and deliver or cause such Subsidiary to execute and deliver to the Agent such collateral notes (the "Collateral Notes") in such form as the Agent and the Borrower may from time to time agree. The parties hereto hereby agree that (a) the aggregate amount of the Outstanding Obligations shall not be increased by the issuance of the Collateral Notes and (b) any payment or recovery on the Collateral Notes shall be applied to the Obligations pursuant to Section 14.

Collateral Notes. In addition to the Term Notes and the Revolving Credit Notes, each of the Borrower Borrowers agrees that with respect to any of the Real Estate to be mortgaged by it or any of its Subsidiaries hereunder, it will execute and deliver or cause such Subsidiary to execute and deliver to the Agent such collateral notes (the "Collateral Notes") in such form as the Agent and the Borrower Borrowers may from time to time agree. The parties hereto hereby agree that (a) the aggregate amount of the Outstanding Obligations shall not be increased by the issuance of the Collateral Notes and (b) any payment or recovery on the Collateral Notes shall be applied to the Obligations pursuant to Section 14.

Collateral Notes. In addition to the Term Notes and the Revolving Credit Notes, each of the Borrower Borrowers agrees that with respect to any of the Real Estate to be mortgaged by it or any of its Subsidiaries hereunder, it will execute and deliver or cause such Subsidiary to execute and deliver to the Administrative Agent such collateral notes (the "Collateral NotesCOLLATERAL NOTES") in such form as the Administrative Agent and the Borrower Borrowers may from time to time agree. The parties hereto hereby agree that (a) the aggregate amount of the Outstanding outstanding Obligations shall not be increased by the issuance of the Collateral Notes and (b) any payment or recovery on the Collateral Notes shall be applied to the Obligations pursuant to Section 14ss.

Collateral Notes. In addition to the Revolving Credit Notes, the Borrower agrees that ----------------- with respect to any of the Real Estate to be mortgaged by it or any of its Subsidiaries hereunder, it will execute and deliver or cause such Subsidiary to execute and deliver to the Administrative Agent such collateral notes (the "Collateral Notes") in such form as the Administrative Agent and the Borrower may from time to time agree. The parties hereto hereby agree that (a) the aggregate amount of the Outstanding Obligations shall not be increased by the issuance of the Collateral Notes and (b) any payment or recovery on the Collateral Notes shall be applied to the Obligations pursuant to Section 14ss.