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 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. 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 AuthorityDepartment’s Participation Amount. The Lender shall, within ten (10) business days after a request by the AuthorityDepartment, allow the Authority Department to examine the Lender's books and records concerning the Loan.