Common use of Loan Account; Notes Clause in Contracts

Loan Account; Notes. The Agent will establish on its books a loan account for the Borrower (the "LOAN ACCOUNT"), which the Agent shall administer as follows: (a) the Agent shall add to the Loan Account, and the Loan Account shall evidence, the principal amount of all loans from time to time made by the Lenders to the Borrower pursuant to Section 2.1.1 and (b) the Agent shall reduce the Loan Account by the amount of all payments made on account of the Indebtedness evidenced by the Loan Account. The aggregate principal amount of the Indebtedness evidenced by the Loan Account is referred to as the "REVOLVING LOAN". The Revolving Loan shall be deemed owed to each Lender severally in accordance with such Lender's Percentage Interest in the Revolving Loan, and all payments credited to the Loan Account shall be for the account of each Lender in accordance with its Percentage Interest in the Revolving Loan. The Borrower's obligations to pay each Lender's Percentage Interest in the Revolving Loan shall be evidenced by a separate note of such Borrower in substantially the form of Exhibit 2.1.4 (the "REVOLVING NOTES"), payable to each Lender in maximum principal amount equal to such Lender's Percentage Interest in the Revolving Loan.

Loan Account; Notes. The Agent will establish on its books a ------------------- loan account for the Borrower (the "LOAN ACCOUNTLoan Account"), which the Agent shall ------------ administer as follows: (a) the Agent shall add to the Loan Account, and the Loan Account shall evidence, the principal amount of all loans from time to time made by the Lenders to the Borrower pursuant to Section 2.1.1 and (b) the Agent shall reduce the Loan Account by the amount of all payments made on account of the Indebtedness evidenced by the Loan Account. The aggregate principal amount of the Indebtedness evidenced by the Loan Account is referred to as the "REVOLVING LOANRevolving Loan". The Revolving Loan shall be deemed -------------- owed to each Lender severally in accordance with such Lender's Percentage Interest in the Revolving Loan, and all payments credited to the Loan Account shall be for the account of each Lender in accordance with its Percentage Interest in the Revolving Loan. The Borrower's obligations to pay each Lender's Percentage Interest in the Revolving Loan shall be evidenced by a separate note of such Borrower in substantially the form of Exhibit 2.1.4 (the "REVOLVING NOTESRevolving Notes"), payable to each Lender in maximum --------------- principal amount equal to such Lender's Percentage Interest in the Revolving Loan.

Loan Account; Notes. The Agent will establish on its books a loan account for the Borrower (the "LOAN ACCOUNTLoan Account"), ) which the Agent shall administer as follows: (a) the Agent shall add to the Loan Account, and the Loan Account shall evidence, the principal amount of all loans from time to time made by the Lenders to the Borrower pursuant to Section 2.1.1 and (b) the Agent shall reduce the Loan Account by the amount of all payments made on account of the Indebtedness evidenced by the Loan Account. The aggregate principal amount of the Indebtedness evidenced by the Loan Account is referred to as the "REVOLVING LOANRevolving Loan". The Revolving Loan shall be deemed owed to each Lender severally in accordance with such Lender's Percentage Interest in the Revolving Loan, and all payments credited to the Loan Account shall be for the account of each Lender in accordance with its Percentage Interest in the Revolving Loan. The Borrower's obligations to pay each Lender's Percentage Interest in the Revolving Loan shall be evidenced by a separate note of such Borrower in substantially the form of Exhibit 2.1.4 (the "REVOLVING NOTESRevolving Notes"), payable to each Lender in maximum principal amount equal to such Lender's Percentage Interest in the Revolving Loan.