Common use of Note Endorsements Clause in Contracts

Note Endorsements. Each Lender having one or more Notes issued by a Borrower shall record the date, amount (in the applicable currency), currency, U.S. Dollar Amount (if applicable), Class and Type of each Loan made by it to such Borrower evidenced by such Note and the date and amount of each payment of principal made by such Borrower with respect thereto, and may, if such Lender so elects in connection with any transfer or enforcement of any Note, endorse on the reverse side or on the schedule, if any, forming a part thereof appropriate notations to evidence the foregoing information with respect to each outstanding Loan evidenced thereby; PROVIDED that the failure of any Lender to make any such recordation or endorsement, or any error therein, shall not affect the obligations of any Borrower hereunder or under any such Note. Each Lender is hereby irrevocably authorized by each Borrower so to endorse each of its Notes and to attach to and make a part of each of its Notes a continuation of any such schedule as and when required.

Note Endorsements. Each Lender having one or more Notes issued by a the Borrower shall record the date, amount (in the applicable currency), currency, U.S. Dollar Amount (if applicable), Class and Type of each Loan made by it to such the Borrower evidenced by such Note and the date and amount of each payment of principal made by such the Borrower with respect thereto, and may, if such Lender so elects in connection with any transfer or enforcement of any Note, endorse on the reverse side or on the schedule, if any, forming a part thereof appropriate notations to evidence the foregoing information with respect to each outstanding Loan evidenced thereby; PROVIDED provided that the failure of any Lender to make any such recordation or endorsement, or any error therein, endorsement shall not affect the obligations of any the Borrower hereunder or under any such Note. Each Lender is hereby irrevocably authorized by each the Borrower so to endorse each of its Notes and to attach to and make a part of each of its Notes a continuation of any such schedule as and when required.