Common use of Competitive Notes Clause in Contracts

Competitive Notes. The obligation of the Company to repay the Fixed Rate Loans and the Competitive Libor Loans made by any Lender and to pay interest thereon shall be evidenced by non-negotiable Competitive Notes of the Company substantially in the form of Schedule D hereto, with appropriate insertions, dated the date of execution thereof by the Company and payable to the order of such Lender on the maturity date of such Loan, in the principal amount indicated thereon. The principal amount of the Fixed Rate Loans and the Competitive Libor Loans made by each Lender under this Section 2.1C and all prepayments thereof and the applicable dates with respect thereto shall be recorded by such Lender from time to time on the grid(s) attached to such Note or by appropriate book entry. The aggregate unpaid amount of Fixed Rate Loans and Competitive Libor Loans set forth on the grid(s) attached to each Competitive Note shall be rebuttable presumptive evidence of the principal amount owing and unpaid on such Note, it being understood, however, that any Lender's failure to so record appropriate information on the grid(s) attached to its respective Competitive Note shall in no way affect the obligations of the Company under this Agreement or such Note.

Competitive Notes. The obligation of the Company to repay the Fixed Rate Loans and the Competitive Libor Loans made by any Lender and to pay interest thereon shall be evidenced by non-negotiable Competitive Notes of the Company substantially in the form of Schedule D E hereto, with appropriate insertions, dated the date of execution thereof by the Company and payable to the order of such Lender on the maturity date of such Loan, in the principal amount indicated thereon. The principal amount of the Fixed Rate Loans and the Competitive Libor Loans made by each Lender under this Section 2.1C 2.1D and all prepayments thereof and the applicable dates with respect thereto shall be recorded by such Lender from time to time on the grid(s) attached to such Note or by appropriate book entry. The aggregate unpaid amount of Fixed Rate Loans and Competitive Libor Loans set forth on the grid(s) attached to each Competitive Note shall be rebuttable presumptive evidence of the principal amount owing and unpaid on such Note, it being understood, however, that any Lender's failure to so record appropriate information on the grid(s) attached to its respective Competitive Note shall in no way affect the obligations of the Company under this Agreement or such Note.