Common use of Lenders’ Evidence of Indebtedness Clause in Contracts

Lenders’ Evidence of Indebtedness. Each Lender shall maintain on its internal records an account or accounts evidencing the Obligations of the Borrower to such Lender, including the amounts of the Loans made by it and each repayment and prepayment in respect thereof. Any such recordation shall be conclusive and binding on the Borrower, absent manifest error; provided that the failure to make any such recordation, or any error in such recordation, shall not affect any Lender’s Commitment or the Borrower’s Obligations in respect of any Loans; provided, further, that in the event of any inconsistency between the Register and any Lender’s records, the recordations in the Register shall govern.

Appears in 2 contracts

Samples: Security Agreement (CURO Group Holdings Corp.), Security Agreement (CURO Group Holdings Corp.)

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Lenders’ Evidence of Indebtedness. Each Lender shall maintain on its internal records an account or accounts evidencing the Obligations Indebtedness of the Borrower Company to such Lender, including the amounts amount of the Loans Loan made by it and each repayment and prepayment in respect thereof. Any such recordation shall be conclusive and binding on the BorrowerCompany, absent manifest error; provided that the provided, failure to make any such recordation, or any error in such recordation, shall not affect any Lender’s Commitment or the BorrowerCompany’s Obligations in respect of any LoansLoan; provided, and provided further, that in the event of any inconsistency between the Register and any Lender’s records, the recordations in the Register shall govern.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Sanmina-Sci Corp)

Lenders’ Evidence of Indebtedness. Each Lender shall maintain on its internal records an account or accounts evidencing the Obligations Indebtedness of the Borrower to such Lender, including the amounts of the Loans Commitments and Credit Extensions made by it and each repayment and prepayment in respect thereof. Any such recordation shall be conclusive and binding on the Borrowerprima facie evidence of such amounts, absent manifest error; provided provided, that the failure to make any such recordation, or any error in such recordation, shall not affect any Lender’s Commitment or the Borrower’s 's Obligations in respect of any LoansLoan; provided, and provided further, that in the event of any inconsistency between the Register and any Lender’s 's records, the recordations in the Register shall govern.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Kgen Power Corp)

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Lenders’ Evidence of Indebtedness. Each Lender shall maintain on its internal records an account or accounts evidencing the Obligations of the Borrower to such Lender, including the amounts of the Loans made by it, the amount of interest and fees paid to it in kind and each repayment and prepayment in respect thereof. Any such recordation shall be conclusive and binding on the Borrower, absent manifest error; provided that the failure to make any such recordation, or any error in such recordation, shall not affect any Lender’s Commitment or the Borrower’s Obligations in respect of any Loans; provided, further, that in the event of any inconsistency between the Register and any Lender’s records, the recordations in the Register shall govern.

Appears in 1 contract

Samples: First Lien Credit Agreement (CURO Group Holdings Corp.)

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