Common use of Fixed Rate Notice Clause in Contracts

Fixed Rate Notice. Borrower's selection of a Fixed Rate shall be delivered to Lender in form attached to this Note as EXHIBIT B. Lender shall confirm and deliver to Borrower acceptance of such Fixed Rate Notice via facsimile. ▇▇▇▇▇▇'s failure to deliver the Fixed Rate Notice shall not release Borrower from Borrower's obligation to pay interest at the Effective Rate pursuant to the terms hereof.

Appears in 1 contract

Sources: Promissory Note (Behringer Harvard Short Term Opportunity Fund I Lp)

Fixed Rate Notice. Borrower's selection of a Fixed Rate shall be delivered to Lender ▇▇▇▇▇▇ in the form of the Fixed Rate Notice shown on Exhibit B attached to this Note as EXHIBIT B. Note. Lender shall confirm and deliver to Borrower acceptance of such Fixed Rate Notice via facsimile. ▇▇▇▇▇▇Lender's failure to deliver the Fixed Rate Notice shall not release no▇ ▇▇▇▇ase Borrower from Borrower's obligation to pay interest at the Effective Rate pursuant to the terms hereof.

Appears in 1 contract

Sources: Promissory Note (Communications & Power Industries Inc)