Common use of Loan Records Clause in Contracts

Loan Records. Each Lender shall maintain in accordance with its usual practice a record (a "LOAN ACCOUNT") evidencing the Indebtedness of the Borrowers to such Lender resulting from each Loan owing to such Lender from time to time, including the amount of principal and interest payable and paid to such Lender from time to time hereunder and under the Notes.

Appears in 2 contracts

Sources: Revolving Credit Agreement (Lexington Corporate Properties Inc), Unsecured Revolving Credit Agreement (Lexington Corporate Properties Trust)

Loan Records. Each Lender shall maintain in accordance with its usual practice a record (a "LOAN ACCOUNT") evidencing the Indebtedness of the Borrowers to such Lender resulting from each Loan owing to such Lender from time to time, including the amount of principal and interest payable and paid to such Lender from time to time hereunder and under the NotesNote.

Appears in 1 contract

Sources: Unsecured Revolving Credit Agreement (Lexington Corporate Properties Trust)

Loan Records. Each Lender shall maintain in accordance with its usual practice a record (a "LOAN ACCOUNTLoan Account") evidencing the Indebtedness of the Borrowers to such Lender resulting from each Loan owing to such Lender from time to time, including the amount of principal and interest payable and paid to such Lender from time to time hereunder and under the Notes.

Appears in 1 contract

Sources: Senior Unsecured Revolving Credit Agreement (Lexington Corporate Properties Trust)