Common use of Note Evidencing Borrower’s Obligations Clause in Contracts

Note Evidencing Borrower’s Obligations. Borrower’s obligations to pay the principal of and interest on the Loan or Loans made by Lender with respect to the Receivable Loan Component shall be evidenced by the Receivable Note to Lender, which Receivable Note shall be dated as of the date hereof and be in the principal amount of $100,000,000.00. The Receivable Note will mature on the Final Maturity Date applicable to the Receivable Loan Component, bear interest as provided in Section 2.3 hereof and be otherwise entitled to the benefits of this Agreement. Notwithstanding the stated principal amount of the Receivable Note, the aggregate outstanding principal amount of the Loan with respect to the Receivable Loan Component at any time shall be the aggregate principal amount owing on the Receivable Note at such time. Lender is hereby authorized to record in its internal books and records the date and amount of each Advance made by Lender to Borrower with respect to the Receivable Loan Component, the interest rate and interest period applicable thereto and each repayment thereof; and such books and records shall, as between Borrower and Lender, absent manifest error, constitute prima facie evidence of the accuracy of the information contained therein. Failure by Lender to so record any Advance made by Lender to Borrower with respect to the Receivable Loan Component, (or any error in such recordation) or any payment thereon shall not affect the Obligations of Borrower under this Agreement or under the Receivable Note and shall not adversely affect Lender’s rights under this Agreement with respect to the repayment thereof.

Note Evidencing Borrower’s Obligations. Borrower’s obligations to pay the principal of and interest on the Loan or Loans made by each Lender with respect to the Receivable Loan Component shall be evidenced by the Receivable Note to the Agent, as Agent for each Lender, which Receivable Note shall be dated as of the date hereof and be in the principal amount of $100,000,000.0050,000,000.00. The Receivable Note will mature on the Final Maturity Date applicable to the Receivable Loan ComponentDate, bear interest as provided in Section 2.3 2.2 hereof and be otherwise entitled to the benefits of this Agreement. Notwithstanding the stated principal amount of the Receivable Note, the aggregate outstanding principal amount of the Loan with respect to the Receivable Loan Component at any time shall be the aggregate principal amount owing on the Receivable Note at such time. Lender Agent shall and is hereby authorized to record in its internal books and records the date and amount of each Advance made by Lender to Borrower with respect to the Receivable Loan ComponentLenders, the interest rate Applicable Interest Rate and interest period applicable thereto and each repayment thereof; and such books and records shall, as between Borrower and each Lender, absent manifest error, constitute prima facie evidence of the accuracy of the information contained therein. Failure by Lender Agent to so record any Advance made by Lender to Borrower with respect to the Receivable Loan Component, Lenders (or any error in such recordation) or any payment thereon shall not affect the Obligations of Borrower under this Agreement or under the Receivable Note and shall not adversely affect Lender’s rights under this Agreement with respect to the repayment thereof. At the election of any Lender, Borrower shall execute and deliver to such Lender a note in a stated principal amount equal to such Lender’s Pro Rata Percentage of the Loan, which such note or notes shall be on the same terms and conditions as provided above and which note or notes shall be included within the definition of “Note” as such term is used herein.

Note Evidencing Borrower’s Obligations. Borrower’s obligations to pay the principal of and interest on the Loan or Loans made by each Lender with respect to the Receivable Loan Component shall be evidenced by the Receivable Note to the Agent, as Agent for each Lender, which Receivable Note shall be dated as of the date hereof and be in the principal amount of $100,000,000.00the Maximum Amount. The Receivable Note will mature on the Final Maturity Date applicable to the Receivable Loan ComponentDate, bear interest as provided in Section 2.3 2.2 hereof and be otherwise entitled to the benefits of this Agreement. Notwithstanding the stated principal amount of the Receivable Note, the aggregate outstanding principal amount of the Loan with respect to the Receivable Loan Component at any time shall be the aggregate principal amount owing on the Receivable Note at such time. Lender Agent shall and is hereby authorized to record in its internal books and records the date and amount of each Advance made by Lender to Borrower with respect to the Receivable Loan ComponentLenders, the interest rate Interest Rate and interest period applicable thereto and each repayment thereof; and such books and records shall, as between Borrower and each Lender, absent manifest error, constitute prima facie evidence of the accuracy of the information contained therein. Failure by Lender Agent to so record any Advance made by Lender to Borrower with respect to the Receivable Loan Component, Lenders (or any error in such recordation) or any payment thereon shall not affect the Obligations of Borrower under this Agreement or under the Receivable Note and shall not adversely affect Lender’s rights under this Agreement with respect to the repayment thereof. At the election of any Lender, Borrower shall execute and deliver to such Lender a note in a stated principal amount equal to such Lender’s Pro Rata Percentage of the Loan, which such note or notes shall be on the same terms and conditions as provided above and which note or notes shall be included within the definition of “Note” as such term is used herein.

Note Evidencing Borrower’s Obligations. Borrower’s 's obligations to pay the principal of and interest on the Loan or Loans made by each Lender with respect to the Receivable Loan Component hereunder shall be evidenced by the Receivable a Note to each Lender, which Receivable Note shall be dated as of the date hereof and be in the a stated principal amount of $100,000,000.00. The Receivable equal to each Lender's Commitment as set forth on Schedule A. Each such Note will mature on the Final Maturity Date applicable to the Receivable Loan ComponentDate, bear interest as provided in Section 2.3 2.2 hereof and be otherwise entitled to the benefits of this Agreement. Notwithstanding the stated principal amount of the Receivable any Note, the aggregate outstanding principal amount of the Loan with respect to the Receivable Loan Component at any time shall be the aggregate principal amount owing on the Receivable each Note at such time. Each Lender shall and is hereby authorized to record on the grid attached to its respective Note (or, alternatively, in its internal books and records records) the date and amount of each Advance Loan made by Lender to Borrower with respect to the Receivable Loan Componentsuch Lender, the interest rate and interest period applicable thereto and each repayment thereof; and such grid or other books and records shall, as between Borrower and such Lender, absent manifest error, constitute prima facie evidence of the accuracy of the information contained therein. Failure by a Lender to so record any Advance made by Lender to Borrower with respect to the Receivable Loan Component, it (or any error in such recordation) or any payment thereon shall not affect the Obligations of Borrower under this Agreement or under the Receivable any Note and shall not adversely affect the Lender’s 's rights under this Agreement with respect to the repayment thereof.

Note Evidencing Borrower’s Obligations. Borrower’s obligations to pay the principal of and interest on the Loan or Loans made by each Lender with respect to the Receivable Loan Component shall be evidenced by the Receivable Note to the Agent, as Agent for each Lender, which Receivable Note shall be dated as of the date hereof and be in the principal amount of $100,000,000.0015,000,000.00. The Receivable Note will mature on the Final Maturity Date applicable to the Receivable Loan ComponentDate, bear interest as provided in Section 2.3 2.2 hereof and be otherwise entitled to the benefits of this Agreement. Notwithstanding the stated principal amount of the Receivable Note, the aggregate outstanding principal amount of the Loan with respect to the Receivable Loan Component at any time shall be the aggregate principal amount owing on the Receivable Note at such time. Lender Agent shall and is hereby authorized to record in its internal books and records the date and amount of each Advance made by Lender to Borrower with respect to the Receivable Loan ComponentLenders, the interest rate Applicable Interest Rate and interest period applicable thereto and each repayment thereof; and such books and records shall, as between Borrower and each Lender, absent manifest error, constitute prima facie evidence of the accuracy of the information contained therein. Failure by Lender Agent to so record any Advance made by Lender to Borrower with respect to the Receivable Loan Component, Lenders (or any error in such recordation) or any payment thereon shall not affect the Obligations of Borrower under this Agreement or under the Receivable Note and shall not adversely affect Lender’s rights under this Agreement with respect to the repayment thereof. At the election of any Lender, Borrower shall execute and deliver to such Lender a note in a stated principal amount equal to such Lender’s Pro Rata Percentage of the Loan, which such note or notes shall be on the same terms and conditions as provided above and which note or notes shall be included within the definition of “Note” as such term is used herein.