Common use of The Term Notes Clause in Contracts

The Term Notes. Each Term Loan made by any Bank hereunder shall be evidenced by a single promissory note substantially in the form of Exhibit A-1 hereto, with appropriate insertions, payable to the order of such Bank and representing the obligation of the Co-Borrowers to pay the unpaid principal balance of such Term Loan, with interest thereon as provided herein. Each Bank is hereby authorized to record the type of its Term Loan, the date or amount of each payment or prepayment of principal thereof and the date and amount of each payment of interest thereon in the Bank's records and/or on a schedule annexed to its Term Note and, absent manifest error, any such recordation shall constitute conclusive evidence of the accuracy of the information so recorded; provided, however, that the failure to record such information shall not affect the Co-Borrowers' obligations to repay the Term Loans. Each Term Note (a) shall be dated the date such Term Loan is made (b) shall be stated to mature not less than two (2) years or more than five (5) years after the date such Loan is made and (c) shall bear interest for a period from the date such Loan is made until it is paid in full on the unpaid principal amount thereof at the applicable rates per annum specified herein.

The Term Notes. Each The Term Loan made by any each Bank hereunder shall be evidenced by a single promissory note substantially in the form of Exhibit A-1 hereto, with appropriate insertions, payable to the order of such Bank and representing the obligation of the Co-Borrowers Borrower to pay the unpaid principal balance of such Term Loan, with interest thereon as provided herein. Each Bank is hereby authorized to record the type of its Term Loan, the date or amount of each payment or prepayment of principal thereof and the date and amount of each payment of interest thereon in the Bank's records and/or on a schedule annexed to its Term Note and, absent manifest error, any such recordation shall constitute conclusive evidence of the accuracy of the information so recorded; providedPROVIDED, however, that the failure to record such information shall not affect the Co-Borrowers' Borrower's obligations to repay the Term Loans. Each Term Note (a) shall be dated the date such Term Loan is made (b) shall be stated to mature not less than two (2) years or more than five (5) years after on the date such Term Loan is made and Maturity Date, (c) shall bear interest for a period from the date such Loan is made until it is paid in full on the unpaid principal amount thereof at the applicable rates per annum specified herein.

The Term Notes. Each The Term Note made by the Term Loan made by any Bank Lender hereunder shall be evidenced by a single promissory note substantially in the form of Exhibit A-1 hereto, with appropriate insertions, payable to the order of such Bank the Term Loan Lender and representing the obligation of the Co-Borrowers Borrower to pay the unpaid principal balance of such the Term Loan, with interest thereon as provided herein. Each Bank The Term Loan Lender is hereby authorized to record the type of its Term Loan, the date or amount of each payment or prepayment of principal thereof and the date and amount of each payment of interest thereon in the BankTerm Loan Lender's records and/or on a schedule annexed to its Term Note and, absent manifest error, any such recordation shall constitute conclusive evidence of the accuracy of the information so recorded; provided, however, that the failure to record such information shall not affect the Co-Borrowers' Borrower's obligations to repay the Term LoansLoan. Each The Term Note (a) shall be dated the date such Term Loan is made (b) shall be stated to mature not less than two (2) years or more than five (5) years after on the date such Term Loan is made and Maturity Date, (c) shall bear interest for a period from the date such Loan is made until it is paid in full on the unpaid principal amount thereof at the applicable rates per annum specified herein.