Common use of Account of Record Clause in Contracts

Account of Record. The Lender shall open and maintain books of account evidencing all Loans and all other amounts owing by the Borrower to the Lender hereunder. The Lender shall enter in the foregoing accounts details of all amounts from time to time owing, paid or repaid by the Borrower hereunder. The information entered in the foregoing accounts shall, absent manifest error, constitute prima facie evidence of the obligations of the Borrower to the Lender hereunder with respect to all Loans and all other amounts owing by the Borrower to the Lender hereunder. After a request by the Borrower, the Lender shall promptly advise the Borrower of such entries made in such books of account maintained by it.

Appears in 5 contracts

Samples: Credit Agreement, Credit Agreement, Credit Agreement

AutoNDA by SimpleDocs

Account of Record. The Lender shall open and maintain books of account evidencing all Loans and all other amounts owing by the Borrower to the Lender hereunder. The Lender shall enter in the foregoing accounts details of all amounts from time to time owing, paid or repaid by the Borrower hereunder. The information entered in the foregoing accounts shall, absent manifest error, constitute prima facie evidence of the obligations of the Borrower to the Lender hereunder with respect to all Loans and all other amounts owing by the Borrower to the Lender hereunder. After a request by the Borrower, the Lender shall promptly advise the Borrower of such entries made in such the Lender’s books of account maintained by itaccount.

Appears in 2 contracts

Samples: Credit Agreement (Powell Industries Inc), Credit Agreement (Powell Industries Inc)

Account of Record. The Lender shall open and maintain books of account evidencing all Loans the Loan and all other amounts owing by the Borrower Loan Parties to the Lender hereunder. The Lender shall enter in the foregoing accounts details of all amounts from time to time owing, paid or repaid by the Borrower Loan Parties hereunder. The information entered in the foregoing accounts shall, absent subject to manifest error, constitute prima facie evidence of the obligations of the Borrower Loan Parties to the Lender hereunder with respect to all Loans the Loan and all other amounts owing by the Borrower Loan Parties to the Lender hereunder. After a request by the Borrower, Loan Parties the Lender shall promptly advise the Borrower Loan Parties of such entries made in such the Lender’s books of account maintained by itaccount.

Appears in 1 contract

Samples: Credit Agreement (Geokinetics Inc)

Account of Record. The Lender shall open and maintain books of account evidencing all Loans and all other amounts owing by the Borrower to the Lender hereunder. The Lender shall enter in the foregoing accounts details of all amounts from time to time owing, paid or repaid by the Borrower hereunder. The information entered in the foregoing accounts shall, absent manifest error, shall constitute prima facie evidence of the obligations of the Borrower to the Lender hereunder with respect to all Loans and all other amounts owing by the Borrower to the Lender hereunder. After a request by the Borrower, Borrower the Lender shall promptly advise the Borrower of such all entries made in such the Lender’s books of account maintained by itaccount.

Appears in 1 contract

Samples: Credit Agreement (Id Biomedical Corp)

AutoNDA by SimpleDocs

Account of Record. The Lender shall open and maintain books of account evidencing all Loans Advances and all other amounts owing by the Borrower to the Lender hereunder. The Lender shall enter in the foregoing accounts details of all amounts from time to time owing, paid or repaid by the Borrower hereunder. The Absent manifest error, the information entered in the foregoing accounts shall, absent manifest error, shall constitute prima facie evidence of the obligations of the Borrower to the Lender hereunder with respect to all Loans Advances and all other amounts owing by the Borrower to the Lender hereunder. After a request by the Borrower, the Lender shall promptly advise the Borrower of such entries made in such the Lender’s books of account maintained by itaccount.

Appears in 1 contract

Samples: Credit Agreement (Sundial Growers Inc.)

Account of Record. The Lender shall open and maintain books of account evidencing all Loans and all other amounts owing by the Borrower to the Lender hereunder. The Lender shall enter in the foregoing accounts details of all amounts from time to time owing, paid or repaid by the Borrower hereunder. The information entered in the foregoing accounts shall, absent manifest error, shall constitute prima facie evidence of the obligations of the Borrower to the Lender hereunder with respect to all Loans and all other amounts owing by the Borrower to the Lender hereunder. After a request by the Borrower, Borrower the Lender shall promptly advise the Borrower of such entries made in such the Lender's books of account maintained by itaccount.

Appears in 1 contract

Samples: Loan Agreement Amending Agreement (Adb Systems International LTD)

Time is Money Join Law Insider Premium to draft better contracts faster.