BOOKKEEPING ENTRIES Sample Clauses
BOOKKEEPING ENTRIES. The MPF Provider shall record in its financial records the amount of its interest in each Master Commitment and its Participation Interest in the MPF Bank’s rights and obligations in connection with such Master Commitments. The MPF Bank will reflect in its financial records the reduction of such rights and obligations by the amount of such Participation Interest, which may be adjusted from time to time.
BOOKKEEPING ENTRIES. The Lender will reduce, for the purpose of recording the value of its assets in its financial books and records, the value of any Loan asset by the amount of the Rural Center’s Participation Amount. The Lender shall, within ten (10) business days after a request by the Rural Center or US Treasury, allow the Rural Center or US Treasury to examine the Lender's books and records concerning the Loan.
BOOKKEEPING ENTRIES. The Lender will reduce, for the purpose of recording the value of its assets in its financial books and records, the value of any Loan asset by the amount of the Authority’s Participation Amount. The Lender shall, within ten (10) business days after a request by the Authority, allow the Authority to examine the Lender's books and records concerning the Loan.
BOOKKEEPING ENTRIES. Each Bank shall record in its financial records the amount of its undivided interest in the Loan and its participation in Agent’s right and obligations in connection with the Loan. Agent shall record in its financial records the existence of the undivided interests of Banks in the Loan.
BOOKKEEPING ENTRIES. The sale of a Participation Interest in each Receivable, and the Collections therefrom shall be reflected on RB’s balance sheet and other financial statements as a sale of assets by RB to ESPV. RB shall be responsible for maintaining a complete set of books and records for the Receivables and the Collections therefrom which shall be clearly marked to reflect the sale of each Participation Interest in each Receivable, and the Collections therefrom to ESPV and the ownership in each Participation Interest by ESPV.
BOOKKEEPING ENTRIES. The MPF Provider shall provide general ledger entries to the Lead Bank and the Participant Bank which shall reflect their respective interests in each Master Commitment having Designated Loans, including the Participation Interest with respect to the Designated Loans and the Participation Share of the Participant Bank for each such Master Commitment.
BOOKKEEPING ENTRIES. The Lender will reduce, for the purpose of recording the value of its assets in its financial books and records, the value of any Loan asset by the amount of USBGI’s Participation Amount. The Lender shall, within ten (10) business days after a request by USBGI or US Treasury, allow USBGI or US Treasury to examine the Lender's books and records concerning the Loan.