Common use of Notes; Commitments Several Clause in Contracts

Notes; Commitments Several. (a) The portion of the Loans made by each Lender shall be evidenced, if so requested by such Lender, by a Note executed by Borrower in an original principal amount equal to the sum of (i) such Lender’s Loans and (ii) such Lender’s Pro Rata Share of the Delayed Draw Commitment outstanding at the time of such execution.

Appears in 2 contracts

Samples: Credit Agreement (Warren Resources Inc), Credit Agreement (Warren Resources Inc)

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Notes; Commitments Several. (a) The portion of the Loans made by each Lender shall be evidenced, if so requested by such Lender, by a Note executed by the Borrower in an original principal amount equal to the sum of (i) such Lender’s Loans and (ii) such Lender’s Pro Rata Share of the Delayed Draw Lenders’ Commitment outstanding at the time of such execution.

Appears in 2 contracts

Samples: Assignment and Assumption (Warren Resources Inc), Assignment and Assumption (Warren Resources Inc)

Notes; Commitments Several. (a) The portion of the Revolving Loans made by each Lender shall be evidenced, if so requested by such Lender, by a Note executed by Borrower in an original principal amount equal to the sum of (i) such Lender’s Loans and (ii) such Lender’s Pro Rata Share of the Delayed Draw Commitment outstanding at the time of such execution.Revolving Loan

Appears in 1 contract

Samples: Credit Agreement (Warren Resources Inc)

Notes; Commitments Several. (a) The portion of the Loans made by each Lender shall be evidenced, if so requested by such Lender, by a Note executed by Borrower in an original principal amount equal to the sum of (i) such Lender’s Loans and (ii) such Lender’s Pro Rata Share of the Delayed Draw Commitment outstanding at the time of such executionLoans.

Appears in 1 contract

Samples: Second Lien Credit Agreement (Warren Resources Inc)

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Notes; Commitments Several. (a) The portion of the Loans made by each Lender shall be evidenced, if so requested by such Lender, by a Note executed by the Borrower in an original principal amount equal to the sum of (i) such Lender’s Loans and (ii) such Lender’s Pro Rata Share of the Delayed Draw Commitment outstanding at the time of such execution.

Appears in 1 contract

Samples: Credit Agreement (Warren Resources Inc)

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