Common use of Execution and Delivery of Notes Clause in Contracts

Execution and Delivery of Notes. Following payment of the Assigned Amount and the Assignment Fee, Assignor Lender will deliver to Agent the Notes previously delivered to Assignor Lender for redelivery to the applicable Borrower and Agent will obtain from the applicable Borrower for delivery to [Assignor Lender and] Assignee Lender, new executed Notes (replacing the Notes delivered to the applicable Borrower which shall be cancelled) evidencing Assignee Lender's [and Assignor Lender's respective] Pro Rata Share[s] in the Loans after giving effect to the assignment described in Section 1. Each new Note will be issued in the aggregate maximum principal amount of the [applicable] Commitment [of the Lender to whom such Note is issued] OR [the Assignee Lender].

Execution and Delivery of Notes. Following payment of the Assigned Amount and the Assignment Fee, Assignor Lender will deliver to the Administrative Agent the Revolving Notes and Term Loan Note, if any, previously delivered to Assignor Lender for redelivery to the applicable Borrower and the Administrative Agent will obtain from the applicable Borrower for delivery to [Assignor Lender and] Assignee Lender, new executed Revolving Notes (replacing the Notes delivered to the applicable Borrower which shall be cancelled) and Term Loan Note evidencing Assignee Lender's ’s [and Assignor Lender's ’s respective] Pro Rata Share[s[Shares] in the Loans Advances after giving effect to the assignment described in Section 1. Each new Revolving Note and Term Loan Note will be issued in the aggregate maximum principal amount of the [applicable] Revolving Commitment [of the Lender to whom such Note is issued] OR [the Assignee Lender] [and the Assignor Lender].

Execution and Delivery of Notes. Following payment of the Assigned Amount and the Assignment Fee, Assignor Lender will deliver to Agent the Notes previously delivered to Assignor Lender for redelivery to the applicable Borrower and Agent will obtain from the applicable Borrower for delivery to [Assignor Lender and] Assignee Lender, new executed Notes (replacing the Notes delivered to the applicable Borrower which shall be cancelled) evidencing Assignee Lender's ’s [and Assignor Lender's ’s respective] Pro Rata Share[s] in the Loans after giving effect to the assignment described in Section 1. Each new Note will be issued in the aggregate maximum principal amount of the [applicable] Commitment [of the Lender to whom such Note is issued] OR [the Assignee Lender].

Execution and Delivery of Notes. Following payment of the Assigned Amount and the Assignment Fee, Assignor Lender will deliver to the Administrative Agent the Revolving Notes previously delivered to Assignor Lender for redelivery to the applicable Borrower and the Administrative Agent will obtain from the applicable Borrower for delivery to [Assignor Lender and] Assignee Lender, new executed Revolving Notes (replacing the Notes delivered to the applicable Borrower which shall be cancelled) evidencing Assignee Lender's ’s [and Assignor Lender's ’s respective] Pro Rata Share[s] in the Loans Advances and Letter of Credit Obligations after giving effect to the assignment described in Section 1. Each new Revolving Note will be issued in the aggregate Amended and Restated Receivables Funding and Administration Agreement maximum principal amount of the [applicable] Commitment [of the Lender to whom such Note is issued] OR [the Assignee Lender] [and the Assignor Lender].