Common use of The Loan and the Note Clause in Contracts

The Loan and the Note. The obligation of Borrower to repay the unpaid principal amount of and interest on the Loan shall be evidenced by the Note. Lender may, and is hereby authorized by Borrower to, endorse on a grid annexed to the Note appropriate notations regarding the Loan; provided, however, that the failure to make, or an error in making, any such notation shall not limit or otherwise affect the obligations of Borrower hereunder or under the Note.

Appears in 6 contracts

Samples: Subordination Agreement (Packeteer Inc), Loan and Security Agreement (Pharsight Corp), Loan and Security Agreement (Signal Pharmaceuticals Inc)

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The Loan and the Note. The obligation of Borrower to repay the --------------------- aggregate unpaid principal amount of and interest on the Loan shall be evidenced by the Note. Lender may, and is hereby authorized by Borrower to, endorse on a grid annexed to the Note appropriate notations regarding the Loan; provided, -------- however, that the failure to make, or an error in making, any such notation ------- shall not limit or otherwise affect the obligations of Borrower hereunder or under the Note.

Appears in 2 contracts

Samples: Intercreditor Agreement (Corsair Communications Inc), Loan and Security Agreement (Corsair Communications Inc)

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The Loan and the Note. The obligation of Borrower to repay each --------------------- Lender's pro rata share of the unpaid principal amount of and interest on the Loan shall be evidenced by the Note. a Note issued to each Lender may, and each Lender is hereby authorized by Borrower to, to endorse on a grid annexed to the its Note appropriate notations regarding payments made on the LoanNote; provided, however, that the failure to -------- ------- make, or an error in making, any such notation shall not limit or otherwise affect the obligations of Borrower hereunder or under the Notehereunder.

Appears in 1 contract

Samples: Loan and Security Agreement (Exodus Communications Inc)

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