Common use of The Loans and the Notes Clause in Contracts

The Loans and the Notes. The obligation of Borrower to repay the aggregate unpaid principal amount of and interest on each Loan shall be evidenced by Notes in favor of each Lender setting forth the principal amount of such Loan payable to such Lender and the payments due. Agent shall keep a record of the payments made under each Note on its books which records shall be prima facie evidence of the amounts paid under the Notes absent manifest error. Any failure by Agent to obtain or retain such a Note shall not limit or otherwise affect the obligations of Borrower to pay amounts due hereunder with respect to a Loan.

Appears in 3 contracts

Samples: Loan and Security Agreement, Loan and Security Agreement (Adaptive Insights Inc), Loan and Security Agreement (Adaptive Insights Inc)

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The Loans and the Notes. The obligation of Borrower to repay the aggregate unpaid principal amount of and interest on each the Loan shall be evidenced by one or more Notes in favor of each Lender setting forth the principal amount of such Loan payable to such Lender the Loans and the payments due. Agent shall keep a record of the payments made under each Note on its books Books which records shall be prima facie evidence of the amounts paid under the Notes absent manifest error. Any failure by Agent a Lender to obtain or retain such a Note shall not limit or otherwise affect the obligations of Borrower to pay amounts due hereunder with respect to a Loan.the Loans. (c)

Appears in 1 contract

Samples: Loan and Security Agreement (Sterling Construction Co Inc)

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The Loans and the Notes. The obligation of Borrower to repay the aggregate unpaid principal amount of and interest on each the Loan shall be evidenced by one or more Notes in favor of each Lender setting forth the principal amount of such Loan payable to such Lender the Loans and the payments due. Agent shall keep a record of the payments made under each Note on its books Books which records shall be prima facie evidence of the amounts paid under the Notes absent manifest error. Any failure by Agent a Lender to obtain or retain such a Note shall not limit or otherwise affect the obligations of Borrower to pay amounts due hereunder with respect to a Loanthe Loans.

Appears in 1 contract

Samples: Loan and Security Agreement (Sterling Construction Co Inc)

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