Notes; Loan Accounts. (a) The Loans shall be repayable in accordance with the terms and provisions set forth herein and shall be evidenced by the Notes. One Facility A Note, one Facility B Note and one Facility C Note shall be payable to the order of each Bank for such Commitment, in accordance with such Bank's respective Commitment Ratio for the applicable Commitment. The Notes shall be issued by the Borrower to the Banks and shall be duly executed and delivered by one or more Authorized Signatories. (b) Each Bank may open and maintain on its books in the name of the Borrower a loan account with respect to its portion of the Loans and interest thereon. Each Bank which opens such a loan account shall debit such loan account for the principal amount of its portion of each Advance made by it and accrued interest thereon, and shall credit such loan account for each payment on account of principal of or interest on its Loans. The records of a Bank with respect to the loan account maintained by it shall be prima facie evidence of its portion of the Loans and accrued interest thereon absent manifest error, but the failure of any Bank to make any such notations or any error or mistake in such notations shall not affect the Borrower's repayment obligations with respect to such Loans.
Appears in 2 contracts
Sources: Loan Agreement (Metrocall Inc), Loan Agreement (Metrocall Inc)
Notes; Loan Accounts. (a) The Loans shall be repayable in accordance with the terms and provisions set forth herein and shall be evidenced by the Notes. One Facility A Note, one Facility B Note and one Facility C B Note shall be payable to the order of each Bank Lender for such Commitment, in accordance with such BankLender's respective Commitment Ratio for the applicable Commitment. The Notes shall be issued by the Borrower to the Banks Lenders and shall be duly executed and delivered by one or more Authorized Signatories.
(b) Each Bank Lender may open and maintain on its books in the name of the Borrower a loan account with respect to its portion of the Loans and interest thereon. Each Bank Lender which opens such a loan account shall debit such loan account for the principal amount of its portion of each Advance made by it and accrued interest thereon, and shall credit such loan account for each payment on account of principal of or interest on its Loans. The records of a Bank Lender with respect to the loan account maintained by it shall be prima facie evidence of its portion of the Loans and accrued interest thereon absent manifest error, but the failure of any Bank Lender to make any such notations or any error or mistake in such notations shall not affect the Borrower's repayment obligations with respect to such Loans.
Appears in 2 contracts
Sources: Loan Agreement (Metrocall Inc), Loan Agreement (Metrocall Inc)
Notes; Loan Accounts. (a) The Loans shall be repayable in accordance with the terms and provisions set forth herein and shall be evidenced by herein. Upon the Notes. One Facility A Noterequest of any Lender, one Facility B Note and one Facility C Note shall be payable to the order of each Bank for such Commitment, in accordance with such Bank's respective Commitment Ratio for the applicable Commitment. The Notes shall be issued by the Borrower to the Banks and order of such Lender reflecting the amount of such Lender's Commitments under this Agreement. Any Notes issued by the Borrower to the order of any requesting Lender shall be duly executed and delivered by one or more Authorized SignatoriesSignatories of the Borrower.
(b) Each Bank Lender may open and maintain on its books in the name of the Borrower a loan account with respect to its such Lender's portion of the Loans and interest thereon. Each Bank Lender which opens such a loan account shall debit such loan account for the principal amount of its portion of each Advance made by it and accrued interest thereon, thereon and shall credit such loan account for each payment on account of principal of or interest on its Loans. The records of a Bank Lender with respect to the loan account maintained by it shall be prima facie evidence of its portion of the Loans of such Lender, and accrued interest thereon absent manifest errorthereon, but the failure of any Bank Lender to maintain such records or to make any such notations notations, or any error or mistake in such notations notations, shall not affect the Borrower's repayment obligations with respect to such Loans.
Appears in 2 contracts
Sources: Credit Agreement (Ziff Davis Intermediate Holdings Inc), Credit Agreement (Etesting Labs Inc)
Notes; Loan Accounts. (a) The Loans shall be repayable in accordance with the terms and provisions set forth herein and shall be evidenced by the Notes. One Facility A Note, one Facility B Note and one Facility C B Note shall be payable to the order of each Bank for such Commitment, in accordance with such Bank's respective Commitment Ratio for the applicable Commitment. The Notes shall be issued by the Borrower to the Banks and shall be duly executed and delivered by one or more Authorized Signatories.
(b) Each Bank may open and maintain on its books in the name of the Borrower a loan account with respect to its portion of the Loans and interest thereon. Each Bank which opens such a loan account shall debit such loan account for the principal amount of its portion of each Advance made by it and accrued interest thereon, and shall credit such loan account for each payment on account of principal of or interest on its Loans. The records of a Bank with respect to the loan account maintained by it shall be prima facie evidence of its portion of the Loans and accrued interest thereon absent manifest error, but the failure of any Bank to make any such notations or any error or mistake in such notations shall not affect the Borrower's repayment obligations with respect to such Loans.
Appears in 2 contracts
Sources: Loan Agreement (Metrocall Inc), Loan Agreement (Metrocall Inc)
Notes; Loan Accounts. (a) The Loans shall be repayable in accordance with the terms and provisions set forth herein and shall be evidenced by the Notes. One Facility A Note, one Facility B Note and one Facility C Note shall be payable to the order of each Bank for such Commitment, Lender in accordance with such BankLender's respective applicable Commitment Ratio for the applicable CommitmentRatio. The Notes shall be issued by the Borrower to the Banks Lenders and shall be duly executed and delivered by one or more Authorized Signatories.
(b) Each Bank Lender may open and maintain on its books in the name of the Borrower a loan account with respect to its portion of the Loans and interest thereon. Each Bank Lender which opens such a loan account shall debit such loan account for the principal amount of its portion of each Advance made by it and accrued interest thereon, and shall credit such loan account for each payment on account of principal of or interest on its Loans. The records of a Bank Lender with respect to the loan account maintained by it shall be prima facie PRIMA FACIE evidence of its portion of the Loans and accrued interest thereon absent manifest error, but the failure of any Bank Lender to make any such notations or any error or mistake in such notations shall not affect the Borrower's repayment obligations with respect to such Loans.
Appears in 1 contract
Sources: Loan Agreement (Advanced Communications Group Inc/De/)
Notes; Loan Accounts. (a) The Loans shall be repayable in accordance with the terms and provisions set forth herein herein, and shall be evidenced by the Notes. One Facility A NoteOn the Agreement Date, one Facility B Term Note and one Facility C Revolving Note shall be payable to the order of each Bank for such Commitment, Lender in accordance with such Bank's the respective Commitment Ratio for Ratios of the applicable Lenders. Additionally, on the Merger Date, the Borrower shall execute and deliver to each CRBC Lender promissory notes in the amount of such CRBC Lenders pro rata share of the Additional Revolving Loan Commitment and the Subsequent Term Loan Commitment, respectively. The Notes shall be issued by the Borrower to the Banks Lenders and shall be duly executed and delivered by one or more Authorized Signatories.
(b) Each Bank Lender may open and maintain on its books in the name of the Borrower a loan account with respect to its portion of the Loans and interest thereon. Each Bank Lender which opens such a loan account shall debit such loan account for the principal amount of its portion of each Advance made by it and accrued interest thereon, and shall credit such loan account for each payment on account of principal of or interest on its Loans. The records of a Bank Lender with respect to the loan account maintained by it shall be prima facie evidence of its portion of the Loans and accrued interest thereon absent manifest error----- ----- thereon, but the failure of any Bank Lender to make any such notations or any error or mistake in such notations shall not affect the Borrower's repayment obligations with respect to such Loans.
Appears in 1 contract
Notes; Loan Accounts. (a) The Loans shall be repayable in accordance with the terms and provisions set forth herein and shall be evidenced by the Notes, if requested by a Lender. One Facility A Revolving Note, one Facility B Note and one Facility C Term Loan B Note shall be payable to the order of each Bank for Lender and its registered assigns, if requested by such CommitmentLender, in accordance with such BankLender's respective applicable Commitment Ratio for the applicable CommitmentRatio. The Such Notes shall be issued by the Borrower to any Lender upon the Banks request of such Lender and shall be duly executed and delivered by one or more Authorized Signatories.
(b) Each Bank Lender may open and maintain on its books in the name of the Borrower a loan account with respect to its portion of the Loans and interest thereon. Each Bank Lender which opens such a loan account shall debit such loan account for the principal amount of its portion of each Advance made by it and accrued interest thereon, and shall credit such loan account for each payment on account of principal of or interest on its Loans. The records of a Bank Lender with respect to the loan account maintained by it shall be prima facie evidence of its portion of the Loans and accrued interest thereon absent manifest error, but the failure of any Bank Lender to make any such notations or any error or mistake in such notations shall not affect the Borrower's repayment obligations with respect to such Loans.
Appears in 1 contract
Sources: Credit Agreement (CBD Media LLC)
Notes; Loan Accounts. (a) The Loans shall be repayable in accordance with the terms and provisions set forth herein and shall be evidenced by the Notes (and, if applicable, the Incremental Facility Notes). One Facility A Note, one Facility B Term Loan Note and one Facility C Revolving Loan Note shall be payable to the order of each Bank for such CommitmentLender, in accordance with such BankLender's respective Term Loan Commitment Ratio for the applicable Commitmentand Revolving Loan Commitment Ratio, respectively. The Notes shall be issued by the Borrower to the Banks Lenders and shall be duly executed and delivered by one or more Authorized Signatories.
(b) Each Bank Lender may open and maintain on its books in the name of the Borrower a loan account with respect to its portion of the Loans and interest thereon. Each Bank Lender which opens such a loan account shall debit such loan account for the principal amount of its portion of each Advance made by it and accrued interest thereon, and shall credit such loan account for each payment on account of principal of or interest on its Loans. The records of a Bank Lender with respect to the loan account maintained by it shall be prima facie evidence of its portion of the Loans and accrued interest thereon absent manifest error, but the failure of any Bank Lender to make any such notations or any error or mistake in such notations shall not affect the Borrower's repayment obligations with respect to such Loans.
Appears in 1 contract
Sources: Loan Agreement (Rural Cellular Corp)
Notes; Loan Accounts. (a) The Loans shall be repayable in accordance with the terms and provisions set forth herein and shall be evidenced by herein. Upon the Notes. One Facility A Noterequest of any Lender, one Facility B Note and one Facility C Note shall be payable to the order of each Bank for such Commitment, in accordance with such Bank's respective Commitment Ratio for the applicable Commitment. The Notes shall be issued by the Borrower Borrowers and payable to the Banks and order of such Lender reflecting the amount of such Lender's Commitments under the Credit Facilities. Any Notes issued by the Borrowers to Lenders requesting a Note shall be duly executed and delivered by one or more Authorized Signatories.
(b) Each Bank Lender may open and maintain on its books in the name of the Borrower Borrowers a loan account with respect to its such Lender's portion of the Loans and interest thereon. Each Bank Lender which opens such a loan account shall debit such loan account for the principal amount of its portion of each Advance made by it and accrued interest thereon, thereon and shall credit such loan account for each payment on account of principal of or interest on its LoansLoan. The records of a Bank Lender with respect to the loan account maintained by it shall be prima facie evidence of its portion of the Loans and accrued interest thereon thereon, absent manifest error, but the failure of any Bank Lender to make any such notations or any error or mistake in such notations shall not affect the Borrower's Borrowers' repayment obligations with respect to such the Loans.
Appears in 1 contract
Notes; Loan Accounts. (a) The Loans shall be repayable in accordance with the terms and provisions set forth herein and shall be evidenced by the Notes. One Facility A Note, one Facility B Note and one Facility C B Note shall be payable to the order of each Bank for such CommitmentBank, in accordance with such Bank's respective Commitment Ratio for the applicable CommitmentRatio. The Notes shall be issued by the Borrower to the Banks and shall be duly executed and delivered by one or more Authorized Signatories.
(b) Each Bank may open and maintain on its books in the name of the Borrower a loan account with respect to its portion of the Loans and interest thereon. Each Bank which opens such a loan account shall debit such loan account for the principal amount of its portion of each Advance made by it and accrued interest thereon, and shall credit such loan account for each payment on account of principal of or interest on its Loans. The records of a Bank with respect to the loan account maintained by it shall be prima facie evidence of its portion of the Loans and accrued interest thereon absent manifest error, but the failure of any Bank to make any such notations or any error or mistake in such notations shall not affect the Borrower's repayment obligations with respect to such Loans.
Appears in 1 contract
Sources: Loan Agreement (Metrocall Inc)
Notes; Loan Accounts. (a) The Loans shall be repayable in accordance with the terms and provisions set forth herein and shall be evidenced by the Notes (and, if applicable, the Incremental Facility Notes). One Facility A Note, one Facility B Note and one Facility C Note shall be payable to the order of each Bank for such CommitmentBank, in accordance with such Bank's respective Commitment Ratio for the applicable CommitmentRatio. The Notes shall be issued by the Borrower to the Banks and shall be duly executed and delivered by one or more Authorized Signatories.
(b) Each Bank may open and maintain on its books in the name of the Borrower a loan account with respect to its portion of the Loans and interest thereon. Each Bank which opens such a loan account shall debit such loan account for the principal amount of its portion of each Advance made by it and accrued interest thereon, and shall credit such loan account for each payment on account of principal of or interest on its Loans. The records of a Bank with respect to the loan account maintained by it shall be prima facie evidence of ----- ----- its portion of the Loans and accrued interest thereon absent manifest error, but the failure of any Bank to make any such notations or any error or mistake in such notations shall not affect the Borrower's repayment obligations with respect to such Loans.
Appears in 1 contract
Notes; Loan Accounts. (a) The Loans shall be repayable in accordance with the terms and provisions set forth herein and and, if requested, shall be evidenced by the Notes. One Facility (1) Revolving Loan Note, one (1) Term Loan A Note, one (1) DDTL Note and, if applicable, one (1) Incremental Facility B Note and one Facility C Note Note, shall be payable to the order of each Bank for such Commitment, applicable Lender in accordance with such Bank's respective Lender’s applicable Commitment Ratio for Revolving Loans, the applicable CommitmentTerm Loan A Loans, the DDT Loans and, if applicable, the Incremental Facility Loans. The Notes shall be issued on a joint and several basis by the Borrower to Borrowers upon the Banks request of any Lender in connection with the Commitments or Loans held by it and shall be duly executed and delivered by one or more Authorized Signatories.
(b) Each Bank Lender may open and maintain on its books in the name of the Borrower Borrowers a loan account with respect to its portion of the Loans and interest thereon. Each Bank Lender which opens such a loan account shall debit such loan account for the principal amount of its portion of each Advance made by it and accrued interest thereon, and shall credit such loan account for each payment on account of principal of or interest on its Loans. The records of a Bank Lender with respect to the loan account maintained by it shall be prima facie evidence of its portion of the Loans and accrued interest thereon absent manifest error, but the failure of any Bank Lender to make any such notations or any error or mistake in such notations shall not affect the Borrower's Borrowers’ repayment obligations with respect to such Loans.
Appears in 1 contract
Notes; Loan Accounts. (a) The Loans shall be repayable in accordance with the terms and provisions set forth herein and shall and, to the extent issued pursuant to this Section 2.8(a), may be evidenced by the Notes. One Facility A Note, one Facility B Revolving Note and one Facility C Term Loan A Note shall be payable to the order of each Bank for Lender requesting such CommitmentNote, in accordance with such Bank's Lender’s respective applicable Commitment Ratio for Ratio. One Term Loan B Note shall be payable to the applicable order of the Term Loan B Lender, in the amount of the Term Loan B Commitment. The Such Notes shall be issued by the Borrower to any Lender upon the Banks request of such Lender and shall be duly executed and delivered by one or more Authorized Signatories.
(b) Each Bank Lender may open and maintain on its books in the name of the Borrower a loan account with respect to its portion of the Loans and interest thereon. Each Bank which Lender that opens such a loan account shall debit such loan account for the principal amount of its portion of each Advance made by it and accrued interest thereon, and shall credit such loan account for each payment on account of principal of or interest on its Loans. The records of a Bank Lender with respect to the loan account maintained by it shall be prima facie evidence of its portion of the Loans and accrued interest thereon absent manifest error, but the failure of any Bank Lender to make any such notations or any error or mistake in such notations shall not affect the Borrower's ’s repayment obligations with respect to such Loans.
Appears in 1 contract
Sources: Loan Agreement (BGF Industries Inc)
Notes; Loan Accounts. (a) The Loans shall be repayable in accordance with the terms and provisions set forth herein and shall be evidenced by herein. Upon the Notes. One Facility A Noterequest of any Lender, one Facility B Note and one Facility C Note shall be payable to the order of each Bank for such Commitment, in accordance with such Bank's respective Commitment Ratio for the applicable Commitment. The Notes shall be issued by the Borrower to the Banks and order of such Lender in accordance with its Commitment Ratios with respect to the Loans. If applicable, upon the request of any Incremental Facility Lender, Incremental Facility Loan Notes shall be issued by the Borrower to the order of such Incremental Facility Lender in accordance with its Commitment Ratio with respect to the Incremental Facility Commitments. Any Notes issued by the Borrower to the order of any requesting Lender shall be duly executed and delivered by one or more Authorized SignatoriesSignatories of the Borrower.
(b) Each Bank Lender may open and maintain on its books in the name of the Borrower a loan account with respect to its such Lender's portion of the Loans and interest thereon. Each Bank Lender which opens such a loan account shall debit such loan account for the principal amount of its portion of each Advance made by it and accrued interest thereon, thereon and shall credit such loan account for each payment on account of principal of or interest on its Loans. The records of a Bank Lender with respect to the loan account maintained by it shall be prima facie evidence of its portion of the Loans of such Lender and accrued interest thereon absent manifest errorthereon, but the failure of any Bank Lender to maintain such records or to make any such notations notations, or any error or mistake in such notations notations, shall not affect the Borrower's repayment obligations with respect to such Loans.
Appears in 1 contract
Sources: Credit Agreement (Spectrasite Inc)
Notes; Loan Accounts. (a) The Loans shall be repayable in accordance with the terms and provisions set forth herein and and, if requested, shall be evidenced by the Notes. One Facility (1) Revolving Loan Note, one (1) Term Loan A Note, one (1) DDTL Note and, if applicable, one (1) Incremental Facility B Note and one Facility C Note Note, shall be payable to the order of each Bank for such Commitment, applicable Lender in accordance with such Bank's respective Lender’s applicable Commitment Ratio for Revolving Loans, the applicable CommitmentTerm Loan A Loans, the DDT Loans and, if applicable, the Incremental Facility Loans. The Notes shall be issued by the Borrower to upon the Banks request of any Lender in connection with the Commitments or Loans held by it and shall be duly executed and delivered by one or more Authorized Signatories.
(b) Each Bank Lender may open and maintain on its books in the name of the Borrower a loan account with respect to its portion of the Loans and interest thereon. Each Bank Lender which opens such a loan account shall debit such loan account for the principal amount of its portion of each Advance made by it and accrued interest thereon, and shall credit such loan account for each payment on account of principal of or interest on its Loans. The records of a Bank Lender with respect to the loan account maintained by it shall be prima facie evidence of its portion of the Loans and accrued interest thereon absent manifest error, but the failure of any Bank Lender to make any such notations or any error or mistake in such notations shall not affect the Borrower's ’s repayment obligations with respect to such Loans.
Appears in 1 contract