Common use of ISSUE OF NOTE Clause in Contracts

ISSUE OF NOTE. On or before the Closing (as hereinafter defined), the Company will have authorized the issuance of its Senior Subordinated Promissory Note due May 2, 2001 (the "Note"), in the aggregate principal amount of $260,000,000 to be issued in the form attached hereto as Annex A. Capitalized terms used herein without definition shall have the meanings specified in Section 5 hereof.