Common use of BOOKKEEPING ENTRIES Clause in Contracts

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 Rural CenterBDC’s Participation Amount. The Lender shall, within ten (10) business days after a request by the Rural Center BDC or US Treasury, allow the Rural Center BDC or US Treasury to examine the Lender's books and records concerning the Loan.