Common use of Supplemental Notes Clause in Contracts

Supplemental Notes. The aggregate principal amount of the loans outstanding from time to time under this Section 2.4 (including the Supplemental Restatement Revolving Loan) is referred to as the “Supplemental Loan”. The Administrative Agent shall keep a record of the Supplemental Loan and the interests of the respective Lenders therein as part of the Register, which shall evidence the Supplemental Loan. The Supplemental Loan shall be deemed owed to each Lender having a Commitment therein severally in accordance with such Lender’s Percentage Interest therein, and all payments thereon shall be for the account of each Lender in accordance with its Percentage Interest therein. Upon request of any Lender, the Borrower’s obligations to pay such Lender’s Percentage Interest in the Supplemental Loan shall be evidenced by a separate note of the Borrower (the “Supplemental Note”), payable to such Lender in accordance with such Lender’s Percentage Interest in the Supplemental Loan.

Appears in 1 contract

Sources: Credit Agreement (Charter Communications Inc /Mo/)

Supplemental Notes. The aggregate principal amount of the loans outstanding from time to time under this Section 2.4 (including the Supplemental Restatement Revolving Loan) is referred to as the "Supplemental Loan". The Administrative Agent shall keep a record of the Supplemental Loan and the interests of the respective Lenders therein as part of the Register, which shall evidence the Supplemental Loan. The Supplemental Loan shall be deemed owed to each Lender having a Commitment therein severally in accordance with such Lender’s 's Percentage Interest therein, and all payments thereon shall be for the account of each Lender in accordance with its Percentage Interest therein. Upon request of any Lender, the Borrower’s 's obligations to pay such Lender’s 's Percentage Interest in the Supplemental Loan shall be evidenced by a separate note of the Borrower (the "Supplemental Note"), payable to such Lender in accordance with such Lender’s 's Percentage Interest in the Supplemental Loan.

Appears in 1 contract

Sources: Credit Agreement (Charter Communications Inc /Mo/)

Supplemental Notes. The aggregate principal amount of the loans outstanding from time to time under this Section 2.4 (including the Supplemental Restatement Revolving Loan) is referred to as the “Supplemental Loan”"SUPPLEMENTAL LOAN". The Administrative Documentation Agent shall keep a record of the Supplemental Loan and the interests of the respective Lenders therein as part of the Register, which shall evidence the Supplemental Loan. The Supplemental Loan shall be deemed owed to each Lender having a Commitment therein severally in accordance with such Lender’s 's Percentage Interest therein, and all payments thereon shall be for the account of each Lender in accordance with its Percentage Interest therein. Upon request of any Lender, the Borrower’s Borrowers' obligations to pay such Lender’s 's Percentage Interest in the Supplemental Loan shall be evidenced by a separate note of the Borrower Borrowers (the “Supplemental Note”"SUPPLEMENTAL NOTE"), payable to such Lender in accordance with such Lender’s 's Percentage Interest in the Supplemental Loan.

Appears in 1 contract

Sources: Credit Agreement (Falcon Funding Corp)