Common use of Working Capital Notes Clause in Contracts

Working Capital Notes. The Working Capital Loans of each Lender to each Company shall be evidenced by a single Working Capital Note, substantially in the form of Exhibit B (each such note, a "Working Capital Note"), dated the Closing Date or LTC Closing Date, as the case may be, in an aggregate principal amount equal to (a) in the case of any National Cellular Working Capital Note or TWI Working Capital Note, the amount of such Lender's National Cellular's/TWI Working Capital Commitment, and (b) in the case of any LTC Working Capital Note, the amount of such Lender's LTC Working Capital Commitment, in each case duly executed and delivered and payable to such Lender. Each Lender shall record the date and amount of each Working Capital Loan made by it to such Company and the date and amount of each payment of principal made by such Company with respect thereto, and prior to any transfer of its Working Capital Notes shall endorse on Schedule A thereto (or any continuation thereof) forming a part thereof appropriate notations to evidence the foregoing information with respect to each such Working Capital