Common use of Term Note Clause in Contracts

Term Note. The Term Loan made by the Lender shall be evidenced by a promissory note of the Companies, substantially in the form of Exhibit B (the "Term Note") payable to the order of the Lender and representing the obligation of the Companies to pay the unpaid principal amount of the Term Loan of the Lender with interest thereon as prescribed in Section 3.01. The Lender is authorized to record the Term Loan, the date and amount of each payment or prepayment of principal thereof in the Lender's records or on the grid schedule annexed to the Term Note; provided, however, that the failure of the Lender to set forth each payment and other information shall not in any manner affect the obligation of the Companies to repay the Term Loan in accordance with the terms of the Term Note and this Agreement. The Term Note, the grid schedule and the books and records of the Lender shall constitute conclusive evidence of the information so recorded absent manifest error. The Term Note shall (a) be dated the Closing Date, (b) be stated to mature on the Term Loan Maturity Date and (c) be payable as to principal in twelve consecutive equal quarterly installments commencing on June 30, 2001 and on the last day of each September, December, March and June thereafter provided the last installment on the Term Loan Maturity Date shall be in the amount equal to the remaining principal amount of the Term Loan outstanding. The Term Note shall bear interest from the date thereof until paid in full on the unpaid principal amount thereof from time to time outstanding at the applicable interest rate per annum determined as provided in, and payable as specified in, Section 3.01.

Term Note. The Term Loan made by of the Lender Bank shall be evidenced by a promissory note of the Companies, substantially in the form of Exhibit B (the "Term Note") substantially in the form attached hereto as Exhibit "B" appropriately completed, payable to the order of the Lender Bank, duly executed and representing the obligation delivered on behalf of the Companies Company, dated the Revolving Credit Commitment Termination Date and in a principal amount equal to pay the unpaid aggregate outstanding principal balance of the Revolving Credit Loans on such date. The Term Note shall be payable as to principal in twelve (12) consecutive quarterly installments on the first Business Day of January, April, July and October of each year commencing April 1, 2000. Each such installment shall be equal to one-twelfth (1/12th) (rounded to the nearest $1.00 of the original principal amount of the Term Loan) provided that the final installment shall in any event be equal to the remaining principal amount outstanding on Term Loan Maturity Date. The date, Type and amount of the Lender with interest thereon as prescribed in Section 3.01. The Lender is authorized to record the Term Loan, Loan and the date and amount of each payment or prepayment of principal thereof in of the Lender's records or Term Loan shall be recorded on the grid schedule annexed to the Term Note, and the Company authorizes the Bank to make such recordation; provided, however, that the failure of the Lender Bank to set forth each payment such Term Loan, payments and other information on such grid shall not in any manner affect the obligation of the Companies Company to repay the Term Loan made by the Bank in accordance with the terms of the Term Note and this Agreement. The Term Note, the grid schedule and the books and records of the Lender shall constitute conclusive evidence of the information so recorded absent manifest error. The Term Note shall (a) be dated the Closing Date, (b) be stated to mature on the Term Loan Maturity Date and (c) be payable as to principal in twelve consecutive equal quarterly installments commencing on June 30, 2001 and on the last day of each September, December, March and June thereafter provided the last installment on the Term Loan Maturity Date Bank shall be in the amount equal to the remaining principal amount presumptive evidence of the Term Loan outstanding. The Term Note shall bear interest from made by the date thereof until paid in full on the unpaid principal amount thereof from time to time outstanding at the applicable interest rate per annum determined as provided in, and payable as specified in, Section 3.01Bank.

Term Note. The Term Loan made by the Lender shall be evidenced by a promissory note of the CompaniesCompany, substantially in the form of Exhibit B (the "Term Note") payable to the order of the Lender and representing the obligation of the Companies Company to pay the unpaid principal amount of the Term Loan of the Lender with interest thereon as prescribed provided in Section 3.01. The Lender is authorized to record the Type of the Term Loan, Loan and the date and amount of each payment or prepayment of principal thereof in the Lender's records or on the grid schedule annexed to the Term Note; provided, however, that the failure of the Lender to set forth each payment and other information shall not in any manner affect the obligation of the Companies Company to repay the Term Loan in accordance with the terms of the Term Note and this Agreement. The Term Note, the grid schedule and the books and records of the Lender shall constitute conclusive evidence of the information so recorded absent manifest error. The Term Note shall (a) be dated the Closing Term Loan Funding Date, (b) be stated to mature on the Term Loan Maturity Date and (c) be payable as to principal in twelve (12) consecutive equal quarterly installments commencing on June September 30, 2001 2008 and continuing on the last day of each September, December, March March, June and June September thereafter provided with the first eleven (11) quarterly installments to be in an amount equal to $168,750 and the last installment on the Term Loan Maturity Date shall to be in the an amount equal to the remaining unpaid principal amount of the Term Loan then outstanding. The Term Note shall bear interest from the date thereof until paid in full on the unpaid principal amount thereof from time to time outstanding at the applicable interest rate per annum determined as provided in, and payable as specified in, Section 3.01.

Term Note. The Term Loan made by the Lender shall be evidenced by a promissory note of the CompaniesCompany, substantially in the form of Exhibit B B, with appropriate insertions (the "Term Note") payable to the order of the Lender and representing the obligation of the Companies Company to pay the unpaid principal amount of the Term Loan of the Lender with interest thereon as prescribed in Section 3.01. The Lender is authorized to record the Term Loan, Type and the date and amount of each payment or prepayment of principal thereof in the Lender's records or on the grid schedule annexed to the Term Note; provided, however, that the failure of the Lender to set forth each payment and other information shall not in any manner affect the obligation of the Companies Company to repay the Term Loan in accordance with the terms of the Term Note and this Agreement. The Term Note, the grid schedule and the books and records of the Lender shall constitute conclusive evidence of the information so recorded absent manifest error. The Term Note shall (a) be dated the Closing Date, (b) be stated to mature on the Term Loan Maturity Date and (c) be payable as to principal in twelve sixty (60) consecutive equal quarterly monthly principal installments of $25,000 each, commencing on June 301, 2001 2002, and on the last first day of each Septembermonth thereafter, December, March and June thereafter provided that the last final installment on the Term Loan Maturity Date shall be in the an amount equal to the remaining principal amount then outstanding Date. Repayments and prepayments of the Term Loan outstandingmay not be reborrowed. The Term Note shall bear interest from the date thereof until paid in full on the unpaid principal amount thereof from time to time outstanding at the applicable interest rate per annum determined as provided in, and payable as specified in, Section 3.01.

Term Note. The Term Loan made by the Lender shall be evidenced by a promissory note of the CompaniesCompany, substantially in the form of Exhibit B B, with appropriate insertions (the "Term Note") payable to the order of the Lender and representing the obligation of the Companies Company to pay the unpaid principal amount of the Term Loan of the Lender with interest thereon as prescribed in Section 3.01. The Lender is authorized to record the Term Loan, Type and the date and amount of each payment or prepayment of principal thereof in the Lender's records or on the grid schedule annexed to the Term Note; provided, however, that the failure of the Lender to set forth each payment and other information shall not in any manner affect the obligation of the Companies Company to repay the Term Loan in accordance with the terms of the Term Note and this Agreement. The Term Note, the grid schedule and the books and records of the Lender shall constitute conclusive presumptive evidence of the information so recorded absent manifest error. The Term Note shall (a) be dated the Closing Date, (b) be stated to mature on the Term Loan Maturity Date and (c) be payable as to principal in twelve sixty consecutive equal quarterly monthly installments of $66,667 commencing on June 30July 31, 2001 and on 1999; provided that the last day of each September, December, March and June thereafter provided the last final installment on the Term Loan Maturity Date shall be in the an amount equal to the remaining principal amount outstanding on the Term Loan Maturity Date. Repayments and prepayments of the Term Loan outstandingmay not be reborrowed. The Term Note shall bear interest from the date thereof until paid in full on the unpaid principal amount thereof from time to time outstanding at the applicable interest rate per annum determined as provided in, and payable as specified in, Section 3.01.

Term Note. The Term Loan made by the Lender shall be evidenced by a promissory note of the CompaniesCompany, substantially in the form of Exhibit B B, with appropriate insertions (the "Term NoteTERM NOTE") payable to the order of the Lender and representing the obligation of the Companies Company to pay the unpaid principal amount of the Term Loan of the Lender with interest thereon as prescribed in Section 3.01. The Lender is authorized to record the Term Loan, Type and the date and amount of each payment or prepayment of principal thereof in the Lender's records or on the grid schedule annexed to the Term Note; providedPROVIDED, howeverHOWEVER, that the failure of the Lender to set forth each payment and other information shall not in any manner affect the obligation of the Companies Company to repay the Term Loan in accordance with the terms of the Term Note and this Agreement. The Term Note, the grid schedule and the books and records of the Lender shall constitute conclusive presumptive evidence of the information so recorded absent manifest error. The Term Note shall (a) be dated the Closing Date, (b) be stated to mature on the Term Loan Maturity Date and (c) be payable as to principal in twelve sixteen consecutive equal quarterly installments of $1,125,000 commencing on June 30, 2001 and on 2000; provided that the last day of each September, December, March and June thereafter provided the last final installment on the Term Loan Maturity Date shall be in the an amount equal to the remaining principal amount outstanding on the Term Loan Maturity Date. Repayments and prepayments of the Term Loan outstandingmay not be reborrowed. The Term Note shall bear interest from the date thereof until paid in full on the unpaid principal amount thereof from time to time outstanding at the applicable interest rate per annum determined as provided in, and payable as specified in, Section 3.01.