Common use of Promise to Pay; Promissory Notes Clause in Contracts

Promise to Pay; Promissory Notes. Borrower promises to pay to each Lender, at the office of the Administrative Agent specified pursuant to Subsection 14.4.2, or such other place as the Administrative Agent shall direct in writing, an amount equal to (a) the outstanding amount of Loans; plus (b) any Obligation owing hereunder to such Lender; plus (c) interest as set forth herein, payable to such Lender for the account of its Applicable Lending Office. All such amounts are to be payable in the manner and at the time set forth in this Credit Agreement. At the request of any Lender, made to the Administrative Agent which shall then provide notice to Borrower, Borrower, in order to further evidence its obligations to such Lender as set forth above in this Section 2.4, agrees to execute its promissory note in substantially the form of Exhibit 2.4 hereto duly completed, in the stated maximum principal amount equal to such Lender’s Individual Commitment, dated the date of this Credit Agreement, payable to such Lender for the account of its Applicable Lending Office, and maturing as to principal on the Maturity Date (including all amendments, renewals, substitutions and extensions thereof, each a “Note” and collectively, the “Notes”).

Promise to Pay; Promissory Notes. Borrower promises to pay to each LenderSyndication Party, at the office of the Administrative Agent specified pursuant to Subsection 14.4.2, or such other place as the Administrative Agent shall direct in writing, an amount equal to (a) the outstanding amount of Loans; plus (b) any Obligation Bank Debt owing hereunder to such LenderSyndication Party; plus (c) interest as set forth herein, payable to such Lender Syndication Party for the account of its Applicable Lending Office. All such amounts are to be payable in the manner and at the time set forth in this Credit Agreement. At the request of any LenderSyndication Party, made to the Administrative Agent which shall then provide notice to Borrower, Borrower, in order to further evidence its obligations to such Lender Syndication Party as set forth above in this Section 2.4, agrees to execute its promissory note in substantially the form of Exhibit 2.4 hereto duly completed, in the stated maximum principal amount equal to such LenderSyndication Party’s Individual Commitment, dated the date of this Credit Agreement, payable to such Lender Syndication Party for the account of its Applicable Lending Office, and maturing as to principal on the Maturity Date (including all amendments, renewals, substitutions and extensions thereof, each a “Note” and collectively, the “Notes”).