Common use of Loan Accounts and Notes Clause in Contracts

Loan Accounts and Notes. (a) Subject to Section 2.2(b), the Loans made by each Bank and the fees due hereunder shall be evidenced by one or more loan accounts or records 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 and fees due hereunder. Any failure so 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 or such fees.

Appears in 2 contracts

Samples: Reducing Revolving Credit Agreement (Cinemark Usa Inc /Tx), Reducing Revolving Credit Agreement (Cinemark Usa Inc /Tx)

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Loan Accounts and Notes. (a) Subject to Section 2.2(b), the Loans made by each Bank and the fees due hereunder shall be evidenced by one or more loan accounts or records 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 Borrower and the interest and payments thereon and fees due hereunder. Any failure so to record or any error in doing so shall not, however, limit or otherwise affect the obligation of the Company Borrower hereunder to pay any amount owing with respect to the Loans or such fees.

Appears in 1 contract

Samples: Credit Agreement (Cinemark Usa Inc /Tx)

Loan Accounts and Notes. (a) Subject to Section 2.2(b2.02(b), the Loans made by each Bank and the fees due hereunder shall be evidenced by one or more loan accounts or records 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 and fees due hereunder. Any failure so to record or any error in doing - 15 - Cinemark Investments Credit Agreement 25 so shall not, however, limit or otherwise affect the obligation of the Company hereunder to pay any amount owing with respect to the Loans or such fees.

Appears in 1 contract

Samples: Credit Agreement (Cinemark Usa Inc /Tx)

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Loan Accounts and Notes. (a) Subject to Section 2.2(b2.02(b), the Loans made by each Bank and the fees due hereunder shall be evidenced by one or more loan accounts or records 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 Borrower and the interest and payments thereon and fees due hereunder. Any failure so to record or any error in doing so shall not, however, limit or otherwise affect the obligation of the Company Borrower hereunder to pay any amount owing with respect to the Loans or such fees.

Appears in 1 contract

Samples: Credit Agreement (Cinemark Usa Inc /Tx)

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