Common use of The Loans and the Notes Clause in Contracts

The Loans and the Notes. The obligation of Borrower to repay the unpaid principal amount of and interest on each Lender's Loan shall be evidenced by a Note issued to each Lender and each Lender is authorized to endorse on a grid annexed to its Note appropriate notations regarding payments made on the Note; provided, however, that the failure to make, or an error in making, any such notation shall not limit or otherwise affect the obligations of Borrower hereunder or thereunder.

Appears in 2 contracts

Sources: Venture Loan and Security Agreement (Acusphere Inc), Loan and Security Agreement (Tripath Imaging Inc)

The Loans and the Notes. The obligation of Borrower to repay the ----------------------- unpaid principal amount of and interest on each Lender's Loan shall be evidenced by a Note issued to each Lender and each Lender is authorized to endorse on a grid annexed to its Note appropriate notations regarding payments made on the Note; provided, however, that the failure to make, or an error in making, any -------- ------- such notation shall not limit or otherwise affect the obligations of Borrower hereunder or thereunder.

Appears in 1 contract

Sources: Loan Agreement (Pilot Network Services Inc)

The Loans and the Notes. The obligation of Borrower to repay the unpaid principal amount of and interest on each Lender's Loan shall be evidenced by a Note issued to each Lender and each Lender is authorized to endorse on a grid annexed to its Note appropriate notations regarding payments made on the Note; providedPROVIDED, howeverHOWEVER, that the failure to make, or an error in making, any such notation shall not limit or otherwise affect the obligations of Borrower hereunder or thereunder.

Appears in 1 contract

Sources: Loan and Security Agreement (Digirad Corp)

The Loans and the Notes. The obligation of Borrower to repay the unpaid principal amount of and interest on each Lender's Loan shall be evidenced by a Note issued to each Lender and each Lender is authorized to endorse on a grid annexed to its Note appropriate notations regarding payments made on the Note; provided, however, that the failure to make, or an error in making, -------- ------- any such notation shall not limit or otherwise affect the obligations of Borrower hereunder or thereunder.

Appears in 1 contract

Sources: Loan and Security Agreement (Onvia Com Inc)

The Loans and the Notes. The obligation of a Borrower to repay the aggregate unpaid principal amount of and interest on each Lender's Loan to such Borrower shall be evidenced by a Note issued to Note. Lender may, and is hereby authorized by each Lender and each Lender is authorized to Borrower to, endorse on a grid annexed to its such Note appropriate notations regarding payments made on the Notesuch Loan; provided, however, that the failure to make, or an error in making, any such notation shall not limit or otherwise affect the obligations of a Borrower hereunder or thereunderunder such Note.

Appears in 1 contract

Sources: Senior Secured Loan Agreement (Chadmoore Wireless Group Inc)