Common use of Loan Accounts and Notes Clause in Contracts

Loan Accounts and Notes. (a) Subject to Section 2.02(b), the Loans made by each Bank shall be --------------- evidenced by one or more loan accounts maintained by such Bank in the ordinary course of business. The loan accounts or records maintained by the Administrative Agent and each Bank shall be conclusive absent manifest error of the amount of the Loans made by the Banks to the Company and the interest and payments thereon. Any failure to record or any error in doing so shall not, however, limit or otherwise affect the obligation of the Company hereunder to pay any amount owing with respect to the Loans.

Appears in 2 contracts

Samples: Credit Agreement (Mattel Inc /De/), Credit Agreement (Mattel Inc /De/)

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Loan Accounts and Notes. (a) Subject to Section 2.02(b), the Loans Loan made by each Bank Lender shall be --------------- evidenced by one or more a loan accounts account maintained by such Bank Lender in the ordinary course of business. The loan accounts or records maintained by the Administrative Agent and each Bank Lender shall be conclusive absent manifest error of the amount of the Loans made by the Banks Lenders to the Company and the interest and payments thereon. Any failure to record or any error in doing so shall not, however, limit or otherwise affect the obligation of the Company hereunder to pay any amount owing with respect to the Loans.

Appears in 1 contract

Samples: Term Loan Agreement (Mattel Inc /De/)

Loan Accounts and Notes. (a) Subject to Section 2.02(b2.2(b), the Loans made by each Bank shall be --------------- evidenced by one or more loan accounts maintained by such Bank in the ordinary course of business. The loan accounts or records maintained by the Administrative Agent and each Bank shall be conclusive absent manifest error of the amount of the Loans made by the Banks to the Company and the interest and payments thereon. Any failure to record or any error in doing so shall not, however, limit or otherwise affect the obligation of the Company hereunder to pay any amount owing with respect to the Loans.

Appears in 1 contract

Samples: Credit Agreement (Mattel Inc /De/)

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Loan Accounts and Notes. (a) Subject to Section 2.02(b2.2(b), the Loans ----------------------- made by each Bank shall be --------------- evidenced by one or more loan accounts maintained by such Bank in the ordinary course of business. The loan accounts or records maintained by the Administrative Agent and each Bank shall be conclusive absent manifest error of the amount of the Loans made by the Banks to the Company and the interest and payments thereon. Any failure to record or any error in doing so shall not, however, limit or otherwise affect the obligation of the Company hereunder to pay any amount owing with respect to the Loans.

Appears in 1 contract

Samples: Credit Agreement (Mattel Inc /De/)

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