Common use of Lender Records Clause in Contracts

Lender Records. In addition to the accounts and records referred to in subsection (a), each Lender and the Administrative Agent shall maintain in accordance with its usual practice accounts or records evidencing the purchases and sales by such Lender of participations in Letters of Credit. In the event of any conflict between the accounts and records maintained by the Administrative Agent and the accounts and records of any Lender in respect of such matters, the accounts and records of the Administrative Agent shall control in the absence of manifest error.

Appears in 7 contracts

Samples: Credit Agreement (Imation Corp), Security and Pledge Agreement (Imation Corp), Credit Agreement (Imation Corp)

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