Common use of Loan Accounts Promissory Notes Clause in Contracts

Loan Accounts Promissory Notes. (a) Each Lender shall maintain in accordance with its usual practice an account or accounts evidencing the indebtedness of the Borrowers to such Lender resulting from each Loan made by such Lender to the Borrowers, including the amounts of principal and interest payable and paid to such Lender by the Borrowers from time to time hereunder.

Loan Accounts Promissory Notes. (a) Each Lender shall maintain in accordance with its usual practice an account or accounts evidencing the indebtedness of the Borrowers Borrower to such Lender resulting from each Loan made by such Lender to the BorrowersBorrower, including the amounts of principal and interest payable and paid to such Lender by the Borrowers Borrower from time to time hereunder.