Notations and Requests. All advances made against the Notes, the status of all amounts evidenced by the Notes as constituting part of the Domestic Rate Portion or a LIBOR Portion and the rates of interest and Interest Periods applicable to such Portions shall be recorded by the Lenders on their books or, at their option in any instance, endorsed on the reverse side of the Notes and the unpaid principal balances and status, rates and Interest Periods so recorded or endorsed by the Lenders shall be prima facie evidence in any court or other proceeding brought to enforce the Notes of the principal amount remaining unpaid thereon, the status of the borrowings evidenced thereby and the interest rates and Interest Periods applicable thereto. Prior to any negotiation of any Note, the Lender holding such Note shall endorse thereon the status of all amounts evidenced thereby as constituting part of the Domestic Rate Portion or LIBOR Portion and the rates of interest and the Interest Periods applicable thereto.
Appears in 1 contract
Notations and Requests. All advances Borrowings made against the Notes, the status of all amounts evidenced by the Notes as constituting part of the Domestic applicable Base Rate Portion or a LIBOR Portion and the rates of interest and Interest Periods applicable to such Portions shall be recorded by the Lenders on their books or, at their option in any instance, endorsed on the reverse side of the Notes and the unpaid principal balances and status, rates and Interest Periods so recorded or endorsed by the Lenders shall shall, absent manifest error, be prima facie evidence in any court or other proceeding brought to enforce the Notes of the principal amount remaining unpaid thereon, the status of the borrowings evidenced thereby such Borrowings and the interest rates and Interest Periods applicable thereto. Prior to any negotiation of any Note, the Lender holding such Note shall endorse thereon the status of all amounts evidenced thereby as constituting part of the Domestic Base Rate Portion or LIBOR Portion and the rates of interest and the Interest Periods applicable thereto.
Appears in 1 contract
Notations and Requests. All advances made against the Notes, the status of all amounts evidenced by the Notes as constituting part of the Domestic a Base Rate Portion or a LIBOR Portion and the rates of interest and Interest Periods applicable to such Portions shall be recorded by the Lenders on their books or, at their option in any instance, endorsed on the reverse side of the Notes and the unpaid principal balances and status, rates and Interest Periods so recorded or endorsed by the Lenders shall be prima facie evidence in any court or other proceeding brought to enforce the Notes of the principal amount remaining unpaid thereon, the status of the borrowings evidenced thereby and the interest rates and Interest Periods applicable thereto. Prior to any negotiation of any Note, Note the Lender holding such Note shall endorse thereon the status of all amounts evidenced thereby as constituting part of the Domestic applicable Base Rate Portion or a LIBOR Portion and the rates of interest and the Interest Periods applicable thereto.
Appears in 1 contract
Samples: Replacement Credit Agreement (Strategic Timber Trust Inc)
Notations and Requests. All advances Borrowings made against the Notes, the status of all amounts evidenced by the Notes as constituting part of the Domestic applicable Base Rate Portion or a LIBOR Portion and the rates of interest and Interest Periods applicable to such Portions shall be recorded by the Lenders on their books or, at their option in any instance, endorsed on the reverse side of the Notes and the unpaid principal balances and status, rates and Interest Periods so recorded or endorsed by the Lenders shall be prima facie evidence in any court or other proceeding brought to enforce the Notes of the principal amount remaining unpaid thereon, the status of the borrowings evidenced thereby such Borrowings and the interest rates and Interest Periods applicable thereto. Prior to any negotiation of any Note, the Lender holding such Note shall endorse thereon the status of all amounts evidenced thereby as constituting part of the Domestic Base Rate Portion or LIBOR Portion and the rates of interest and the Interest Periods applicable thereto.
Appears in 1 contract
Notations and Requests. All advances Borrowings made against the Notes, the status of all amounts evidenced by the Notes as constituting part of the applicable Domestic Rate Portion or a LIBOR Portion and the rates of interest and Interest Periods applicable to such Portions shall be recorded by the Lenders on their books or, at their option in any instance, endorsed on the reverse side of the Notes and the unpaid principal balances and status, rates and Interest Periods so recorded or endorsed by the Lenders shall be prima facie evidence in any court or other proceeding brought to enforce the Notes of the principal amount remaining unpaid thereon, the status of the borrowings evidenced thereby such Borrowings and the interest rates and Interest Periods applicable thereto. Prior to any negotiation of any Note, the Lender holding such Note shall endorse thereon the status of all amounts evidenced thereby as constituting part of the Domestic Rate Portion or LIBOR Portion and the rates of interest and the Interest Periods applicable thereto.
Appears in 1 contract