Common use of Notations on Notes Clause in Contracts

Notations on Notes. Agent, on behalf of each Lender, is hereby authorized to record on the grid attached to the Tranche A CP Site Note, the Tranche B CP Site Note, the Tranche A Eurodollar Site Note, the Tranche B Eurodollar Site Note, the Tranche A CP Equipment Note, the Tranche B CP Equipment Note, the Tranche A Eurodollar Equipment Note, or the Tranche B Eurodollar Equipment Note, as applicable, held by Agent, on behalf of the Lenders, the date and amount of each Funding, the amount of all Capitalized Interest, each payment or repayment of principal, the type of interest rate applicable thereto from time to time, the length of each Interest Period with respect thereto (including, in the case of a Eurodollar Loan for which the Base Rate may, from time to time, be applicable, the period for which such Base Rate applies) and the interest rate for such Interest Period. Any such recordation shall constitute prima facie evidence of the accuracy of the information so recorded; provided, that the failure to make any such recording or errors in such recordation, or to provide the copies or calculations described below, shall not affect the obligation of Borrower under such instrument or the corresponding obligation of Lessee

Appears in 1 contract

Sources: Participation Agreement (Applied Materials Inc /De)

Notations on Notes. Agent, on behalf of each Lender, is hereby authorized to record on the grid attached to the Tranche A CP Site Note, the Tranche B CP Site Note, the Tranche A Eurodollar Site Note, the Tranche B Eurodollar Site Note, the Tranche A CP Equipment Note, the Tranche B CP Equipment Note, the Tranche A Eurodollar Equipment Note, or the Tranche B Eurodollar Equipment Note, Note as applicable, held by Agent, on behalf of the Lenders, the date and amount of each FundingFunding with respect to such Note, the amount of all Capitalized InterestInterest and Interest Payment Loans, each payment or repayment of principal, the type of interest rate applicable thereto from time to time, the length of each Interest Period with respect thereto (including, in the case of a Eurodollar Loan Note for which the Base Rate may, from time to time, be applicable, the period for which such Base Rate applies) ), and the interest rate for such Interest Period. Any such recordation shall constitute prima facie evidence of the accuracy of the information so recorded; provided, that the failure to make any such recording or errors in such recordation, or to provide the copies or calculations described below, recordation shall not affect the obligation of Borrower under such instrument or the corresponding obligation of Lesseeinstrument.

Appears in 1 contract

Sources: Loan Agreement (Applied Materials Inc /De)