Common use of Notes; Repayment of Loans Clause in Contracts

Notes; Repayment of Loans. The Loans made by each Lender shall, upon request of a Lender, be evidenced by a Note duly executed on behalf of the Borrower, dated the Closing Date, in substantially the form attached hereto as Exhibit A, with the blanks appropriately filled, payable to the order of such Lender. The outstanding principal balance of each Loan, as may be evidenced by such a Note, shall be payable on the last day of the Interest Period applicable to such Loan and on the Maturity Date. Each Loan shall bear interest from the date of the first borrowing hereunder on the outstanding principal balance thereof as set forth in Section 2.07. To the extent any Notes have been issued, each Lender shall, and is hereby authorized by the Borrower to, endorse on the schedule attached to each Note delivered to such Lender (or on a continuation of such schedule attached to such Note and made a part thereof), or otherwise to record in such Lender's internal records, an appropriate notation evidencing the date and amount of each Loan from such Lender, each payment and prepayment of principal of any such Loan, each payment of interest on any such Loan and the other information provided for on such schedule; provided, however, that the failure of any Lender to make such a notation or any error therein shall not affect the obligation of the Borrower to repay the Loans made by such Lender in accordance with the terms of this Agreement and the applicable Notes.

Appears in 1 contract

Samples: Credit Agreement (U Haul International Inc)

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Notes; Repayment of Loans. The Loans made by each Lender shall, upon request of a Lender, to each Borrower shall be evidenced by a Note Note, duly executed on behalf of the such Borrower, dated the Closing Date, in substantially the form attached hereto as Exhibit A, with the blanks appropriately filled, payable to the order of such Lender in a principal amount equal to such Lender's Commitment. The outstanding principal balance of each Loan, as may be evidenced by such a Note, shall be payable on the last day of the Interest Period applicable to such Loan and on the Maturity Date. Each Loan Note shall bear interest from the date of the first borrowing hereunder on the outstanding principal balance thereof as set forth in Section 2.072.06. To the extent any Notes have been issued, each Each Lender shall, and is hereby authorized by the Borrower Borrowers to, endorse on the schedule attached to each Note delivered to such Lender (or on a continuation of such schedule attached to such Note and made a part thereof), or otherwise to record in such Lender's internal records, an appropriate notation evidencing the date and amount of each Loan from such Lender, each payment and prepayment of principal of any such Loan, each payment of interest on any such Loan and the other information provided for on such schedule; provided, however, that the failure of any Lender to make such a notation or any error therein shall not affect the obligation of the relevant Borrower to repay the Loans made by such Lender in accordance with the terms of this Agreement and the applicable Notes.

Appears in 1 contract

Samples: Credit Agreement (Dillards Inc)

Notes; Repayment of Loans. The Loans made by each Lender shall, upon shall at the Lender's request of a Lender, be evidenced by a Note Note, duly executed on behalf of the Borrower, dated the Closing Date, in substantially the form attached hereto as Exhibit A, with the blanks appropriately filled, payable to the order of such Lender in a principal amount equal to such Lender's Commitment. The outstanding principal balance of each Loan, as may be evidenced by such a Note, shall be payable on the last day of the Interest Period applicable to such Loan and on the Maturity Date. Each Loan Note shall bear interest from the date of the first borrowing hereunder on the outstanding principal balance thereof as set forth in Section 2.072.06. To the extent any Notes have been issued, each Each Lender shall, and is hereby authorized by the Borrower to, endorse on the schedule attached to each Note delivered to such Lender (or on a continuation of such schedule attached to such Note and made a part thereof), or otherwise to record in such Lender's internal records, an appropriate notation evidencing the date and amount of each Loan from such Lender, each payment and prepayment of principal of any such Loan, each payment of interest on any such Loan and the other information provided for on such schedule; provided, however, that the failure of any Lender to make such a notation or any error therein shall not affect the obligation of the Borrower to repay the Loans made by such Lender in accordance with the terms of this Agreement and the applicable Notes.

Appears in 1 contract

Samples: Credit Agreement (River Road Realty Corp)

Notes; Repayment of Loans. (a) The Loans made by each Lender shall, upon request of a Lender, shall be evidenced by a Note this Credit Agreement and/or one or more Notes duly executed on behalf of the Borrower, dated the Closing Date, in substantially the form attached hereto as Exhibit A, with the blanks appropriately filledH, payable to the order of a Lender in the aggregate principal amount equal to the principal amount of the portion of the Loans advanced by such LenderLender plus the amount of PIK Interest and any other interest capitalized thereon in accordance with the terms of this Credit Agreement. The outstanding principal balance of each Loan, as may be evidenced by such a Note, all Obligations shall be payable on the last day of the Interest Period applicable Maturity Date (subject to such Loan and on the Maturity Dateearlier repayment as provided below). Each Loan (including, without limitation, PIK Interest and any other interest capitalized thereon and added to the outstanding principal balance of such Loan in accordance with the terms hereof) shall bear interest from the date of the first borrowing hereunder such Loan is made on the outstanding principal balance thereof as set forth in this Section 2.072 or Section 5, as the case may be. To the extent any Notes have been issued, each Each Lender shall, and is hereby authorized by the Borrower to, to endorse on the a schedule attached to each Note delivered to such Lender (or on a continuation of such schedule attached to such Note and made a part thereof), or otherwise to record in such Lender's internal records, an appropriate notation evidencing the date and amount of each Loan from such Lender, each payment and prepayment of principal of any such each Loan, each payment of interest on any such each Loan and the other information provided for on such schedule; provided, however, that the failure of any Lender to make such a notation or any error therein shall not affect the obligation of the Borrower to repay the Loans made by such Lender in accordance with the terms of this Credit Agreement and the applicable Notes.

Appears in 1 contract

Samples: Credit Agreement (BTHC VII Inc)

Notes; Repayment of Loans. The Loans made by each Lender shall, upon request of a Lender, shall be evidenced by a Note Note, duly executed and delivered on behalf of the Borrower, dated the Closing Date, in substantially the form attached hereto as Exhibit A, A with the blanks appropriately filled, payable to the order of such Lender in a principal amount equal to such Lender's Revolving Credit Commitment. The outstanding principal balance of each Loan, as may be evidenced by such a the applicable Note, shall be payable (a) in the case of a Revolving Loan, on the last day of the Interest Period applicable to such Loan and on the Maturity DateConversion Date and (b) in the case of a Term Loan, as provided in Section 2.11. Each Loan Note shall bear interest from the date of the first borrowing Borrowing hereunder on the outstanding principal balance thereof as set forth in Section 2.072.06. To the extent any Notes have been issued, each Each Lender shall, and is hereby authorized by the Borrower to, endorse on the schedule attached to each Note delivered to such Lender (or on a continuation of such schedule attached to such Note and made a part thereof), or otherwise to record in such Lender's internal records, an appropriate notation evidencing the date and amount of each applicable Loan from such Lender, each payment and prepayment of principal of any such Loan, each payment of interest on any such Loan and the other information provided for on such schedule; provided, however, that the failure of any Lender to make such a notation or any error therein shall not affect the obligation of the Borrower to repay the Loans made by such Lender in accordance with the terms of this Agreement and the applicable Notes.

Appears in 1 contract

Samples: Debt Credit Agreement (Star Gas Partners Lp)

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Notes; Repayment of Loans. The Loans made by each Lender shall, upon request of a Lender, shall be evidenced by a Note duly executed and delivered on behalf of the BorrowerBorrowers, dated the Closing Effective Date, in substantially the form attached hereto as Exhibit A, with the blanks appropriately filledfilled in, payable to the order of such Lender in a principal amount equal to such Lender's Commitment. The outstanding principal balance of each Loan, as may be evidenced by such a the Note, shall be payable on the last day of the Interest Period applicable to such Loan and on the Maturity Date. Each Loan Note shall bear interest from the date of the first borrowing hereunder Effective Date on the outstanding principal balance thereof as set forth in Section 2.07. To the extent any Notes have been issued, each Each Lender shall, and is hereby authorized by the Borrower Borrowers to, endorse on the schedule attached to each the Note delivered to such Lender (or on a continuation of such schedule attached to such Note and made a part thereof), or otherwise to record in such Lender's internal records, an appropriate notation evidencing the date and amount of each applicable Loan from such Lender, each payment and prepayment of principal of any such Loan, each payment of interest on any such Loan and the other information provided for on such schedule; providedPROVIDED, howeverHOWEVER, that the failure of any Lender to make such a notation or any error therein shall not affect the obligation of the Borrower Borrowers to repay the Loans made by such Lender in accordance with the terms of this Amended Agreement and the applicable NotesNote.

Appears in 1 contract

Samples: Credit Agreement (Horizon Healthcare Corp)

Notes; Repayment of Loans. The Loans made by each Lender shall, upon request of a Lender, shall be evidenced by a Note Note, duly executed on behalf of the Borrower, dated the Closing DateDate or the date of the effectiveness of the applicable Assignment and Acceptance, as the case may be, in substantially the form attached hereto as Exhibit A, with the blanks appropriately filled, payable to the order of such Lender in an aggregate principal amount equal to such Lender's Commitment. Loans may be repaid and reborrowed in accordance with the provisions of this Agreement. The outstanding principal balance of each Loanall of the Loans, as may be evidenced by such a NoteNotes, shall be payable on the last day of the Interest Period applicable to such Loan and on the Maturity Termination Date. Each Loan Note shall bear interest from the date of the first borrowing hereunder thereof on the outstanding principal balance thereof as set forth in Section 2.072.7. To the extent any Notes have been issued, each Each Lender shall, and is hereby authorized by the Borrower to, endorse on the schedule attached to each Note delivered to such Lender (or on a continuation of such schedule attached to such Note and made a part thereof), or otherwise to record in such Lender's internal records, an appropriate notation evidencing the date and amount of each Loan from such Lender, each payment and prepayment of principal of any such Loan, each payment of interest on any such Loan and the other information provided for on such schedule; provided, however, that the failure of any Lender to make such a notation or any error therein shall not affect the obligation of the Borrower to repay the Loans made by such Lender in accordance with the terms of this Agreement and the applicable Notes.

Appears in 1 contract

Samples: Revolving Credit Agreement (Payless Cashways Inc)

Notes; Repayment of Loans. The Loans made by each Lender shall, upon request of a Lender, shall be evidenced by a Note Note, duly executed and delivered on behalf of the Borrower, dated the Closing Date, in substantially the form attached hereto as Exhibit A, A with the blanks appropriately filled, payable to the order of such Lender in a principal amount equal to such Lender's Revolving Credit Commitment. The outstanding principal balance of each Loan, as may be evidenced by such a the applicable Note, shall be payable (a) subject to Section 2.01(b), in the case of a Revolving Loan, on the last day Conversion Date and (b) in the case of the Interest Period applicable to such Loan and on the Maturity Datea Term Loan, as provided in Section 2.11. Each Loan Note shall bear interest from the date of the first borrowing Borrowing hereunder on the outstanding principal balance thereof as set forth in Section 2.072.06. To the extent any Notes have been issued, each Each Lender shall, and is hereby authorized by the Borrower to, endorse on the schedule attached to each Note delivered to such Lender (or on a continuation of such schedule attached to such Note and made a part thereof), or otherwise to record in such Lender's internal records, an appropriate notation evidencing the date and amount of each applicable Loan from such Lender, each payment and prepayment of principal of any such Loan, each payment of interest on any such Loan and the other information provided for on such schedule; provided, however, that the failure of any Lender to make such a notation or any error therein shall not affect the obligation of the Borrower to repay the Loans made by such Lender in accordance with the terms of this Agreement and the applicable Notes.

Appears in 1 contract

Samples: Intercreditor and Trust Agreement (Star Gas Partners Lp)

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