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Additional Notes
Additional Notes contract clause examples

Additional Notes. At the direction of the Administrative Agent (acting upon the request of a Lender) in connection with an assignment by a Lender of its rights and obligations under this Agreement pursuant to Section 10 hereof, the Borrowers shall, in exchange for the cancellation and return of the assigning Lender’s Note, duly execute and deliver to the Administrative Agent (for distribution to the applicable assignee(s) of a Lender) a promissory note or notes in favor of such Lender’s assignee(s) evidencing the portion of the Facility owing by the Borrowers to such Lender’s assignee(s) (after giving effect to the assignment(s)) pursuant to this Agreement.

Additional Notes. Each Series of Additional Notes shall be subject to required prepayments as specified in the Supplement pursuant to which such Series of Additional Notes was issued. Upon partial prepayment of any Additional Notes of a Series pursuant to Section 8.2, Section 8.7, Section 8.8, [Section 8.9] or the applicable Supplement, the principal amount of each required prepayment of the Additional Notes of such Series shall be reduced in as set forth in the Supplement.

Upon the terms and subject to the conditions herein, in consideration for the MAST Consideration, GEG agrees to issue to MAST $2,250,000 aggregate principal amount of Additional Notes, in substantially the same form as [Exhibit 4.4] to GEG’s current report on Form 8-K, filed with the Commission on December 29, 2020 and with such changes to reflect the Noteholder Consent and Waiver.

Notes. Promptly following the request of any Lender or the Swing Line Lender, the Borrowers will execute and deliver to such Lender or the Swing Line Lender, as the case may be, # a Revolving Facility Note with blanks appropriately completed in conformity herewith to evidence such Borrower’s obligation to pay the principal of, and interest on, the Revolving Loans made to them by such Lender, # a Term Note with blanks appropriately completed in conformity herewith to evidence its obligation to pay the principal of, and interest on, the Term Loan made to them by such Lender, and # a Swing Line Note with blanks appropriately completed in conformity herewith to evidence the Borrowers’ obligation to pay the principal of, and interest on, the Swing Loans made to them by the Swing Line Lender; provided, however, that the decision of any Lender or the Swing Line Lender to not request a Note shall in no way detract from the Borrowers’ obligation to repay the Loans and other amounts owing by the Borrowers to such Lender or the Swing Line Lender, and shall not in any way affect the security or guaranties therefor provided pursuant to the various Loan Documents.

Notes. The Loan shall be evidenced by the Notes in the form of [Exhibit A] hereto with appropriate insertions. Notwithstanding the face amount of the Notes, the actual principal amount due from the Borrower to Lenders on account of the Notes, as of any date of computation, shall be the sum of Advances then and theretofore made on account thereof, less all principal payments actually received by Lenders in collected funds with respect thereto. Although the Notes may be dated as of the Closing Date, interest in respect thereof shall be payable only for the period during which the loans evidenced thereby are outstanding and, although the stated amount of the Notes may be higher, the Notes shall be enforceable, with respect to Borrower’s obligation to pay the principal amount thereof, only to the extent of the unpaid principal amount of the loans. Irrespective of the face amount of the Notes, no Lender shall ever be obligated to advance on its Committed Sum any amount in excess of the Available Commitment then in effect or to increase the Borrowing Base.

Notes. The obligation to repay the Loan together with interest and other charges thereon shall be evidenced by the Revolving Note.

Notes. The Borrower, upon receipt by the Borrower of written notice from the relevant Lender, agrees to issue Notes to any Lender requiring Notes to facilitate transactions of the type described in [Section 10.6].

Notes. Loans and interest accruing thereon shall be evidenced by the records of Agent and the applicable Lender. At the request of a Lender, Borrowers shall deliver promissory note(s) to such Lender, evidencing its Loans.

Notes. The Loans made by each Lender shall be evidenced by a duly executed promissory note of the Borrowers to each Lender in substantially the form of [Exhibit 2.1](h).

other tangible and intangible personal property and Fixtures of the Debtor;

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