Maintenance of Loan Account Sample Clauses

Maintenance of Loan Account. The Lender shall maintain on its books and records a loan account (the “Loan Account”) in respect of the Borrowers which shall reflect: (i) with respect to the Loan: (x) the outstanding balance of the Loan to the Borrowers, (y) accrued interest on the Loan payable by the Borrowers, and (z) all other Obligations of the Borrowers that have become payable hereunder. Such entries by the Lender shall not be a condition to any Borrower’s obligation to repay the Obligations. Each entry by the Lender in the Loan Account shall be, to the extent permitted by applicable Law and absent manifest error, prima facie evidence of the data entered.
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Maintenance of Loan Account. The Bank shall open and maintain on its books a loan account (the “Loan Account”) with respect to advances made, repayments, prepayments, the computation and payment of interest and fees and the computation and final payment of all other amounts due and sums paid to the Bank under this Agreement and the Bond. Unless the Borrower objects in writing to the information contained in a statement delivered to the Borrower by the Bank regarding the Loan Account within thirty (30) days of receipt of such statement, the information contained in such statement and in the Loan Account will, absent manifest error, be conclusive and binding on the Borrower as to the amount at any time due to the Bank from the Borrower under this Agreement and from the Authority to the Bank under the Bond. The Authority shall have the right to receive copies of all statements of the Bank with respect to the Loan Account upon its written request to the Bank.
Maintenance of Loan Account. Agent shall maintain an account on its books in the name of Borrower (the "Loan Account") in which Borrower will be charged with all loans and advances made by the Lenders to Borrower or for Borrower's account and the other Obligations of Borrower under the Credit Documents, including the Revolver Loans, the Fees, and any other Obligations. The Loan Account will be credited with all payments received by Agent from Borrower. Absent manifest error, books and records of Agent regarding the Loan Account shall be final, conclusive and binding on Borrower.
Maintenance of Loan Account. The DIP Lender shall maintain an account on its books in the name of Borrower (the “Loan Account”) on which Borrower will be charged with all Loans made by the DIP Lender to Borrower or for Borrower’s account, and with all other payment Obligations hereunder or under the other Loan Documents including, accrued interest, fees and expenses, and DIP Lender Group Expenses. In accordance with Section 2.5, the Loan Account will be credited with all payments received by the DIP Lender from Borrower or for Borrower’s account.
Maintenance of Loan Account. The Lender shall maintain on its books and records a Loan account (the “Loan Account”) in respect of the Borrowers which shall reflect: (i) with respect to the Loan: (x) the outstanding balance of the Loan, (y) accrued interest on the Loan, and (z) all other Obligations of the Borrowers that have become payable hereunder. Such entries by the Lender shall not be a condition to any Borrower’s obligation to repay the Obligations. Each entry by the Lender in the Loan Account shall be, to the extent permitted by applicable Law and absent manifest error, prima facie evidence of the data entered.
Maintenance of Loan Account. Agent shall maintain an account on its books in the name of Borrower (the “Loan Account”) on which Borrower will be charged with the Term Loans, all Advances (including Agent Advances) made by Agent or the Lenders to Borrower or for Borrower’s account, and with all other payment Obligations hereunder or under the other Loan Documents, including, accrued interest, fees and expenses, and Lender Group Expenses. In accordance with Section 2.7, the Loan Account will be credited with all payments received by Agent from Borrower or for Borrower’s account. Agent shall render statements regarding the Loan Account to Borrower, including principal, interest, fees, and including an itemization of all charges and expenses constituting Lender Group Expenses owing, and such statements shall be conclusively presumed to be correct and accurate and constitute an account stated between Borrower and the Lender Group unless, within 30 days after receipt thereof by Borrower, Borrower shall deliver to Agent written objection thereto describing the error or errors contained in any such statements.
Maintenance of Loan Account. Agent shall maintain an account on its books in the name of the Borrowers (the "Loan Account") on which the Borrowers will be charged with all Advances made by the Lenders to the Borrowers or for the Borrowers' account, the Letters of Credit issued by Issuing Lender for the Borrowers' account, and with all other payment Obligations hereunder or under the other Loan Documents, including, accrued interest, fees and expenses, and Lender Group Expenses. In accordance with Section 2.7, the Loan Account will be credited with all payments received by any Lender from the Borrowers or for the Borrowers' account, including all amounts received in any Lender's Account from any Cash Management Bank. Any statements regarding the Loan Account rendered by Agent to the Borrowers, including itemizations of principal, interest, fees, charges and expenses, shall, absent manifest error, be conclusively presumed to be correct and accurate unless, within 30 days after receipt thereof by the Borrowers, the Administrative Borrower shall deliver to Agent a written objection thereto describing the error or errors contained in any such statements. Promptly after receipt of such written objection and Agent's evaluation thereof, the Agent shall credit the Loan Account for amounts (if any) contained in such statements that Agent agrees were charged in error.
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Maintenance of Loan Account. Statements of Obligations Lender shall maintain an account on its books in the name of Borrowers (the “Loan Account”) in which will be recorded the Term Loan, all Advances made by Lender to Borrowers or for Borrowers’ account, the Letters of Credit issued or arranged by Lender for Borrowers’ account, and all other payment Obligations hereunder or under the other Loan Documents and to the extent payment is charged to the Loan Account, for payments under Bank Product Agreements, including accrued interest, fees and expenses, and Lender Expenses. In accordance with Section 2.4, the Loan Account will be credited with all payments received by Lender from Borrowers or for Borrowers’ account. All monthly statements delivered by Lender to Borrowers regarding the Loan Account, including with respect to principal, interest, fees, and including an itemization of all charges and expenses constituting Lender Expenses owing, shall be subject to subsequent adjustment by Lender but shall, absent manifest error, be conclusively presumed to be correct and accurate and constitute an account stated between Borrowers and Lender unless, within 30 days after receipt thereof by Borrowers, Borrowers shall deliver to Lender written objection thereto describing the error or errors contained in any such statements.
Maintenance of Loan Account. The Lender shall open and maintain on its books a Loan Account in accordance with the Lender’s normal practice to which shall be debited the amount lent by the Lender hereunder and Interest (including any Default Interest) accrued thereon from time to time, and other expenses and charges and to which shall be credited each payment whether of principal, Interest or otherwise received by it hereunder.
Maintenance of Loan Account. The Administrative Agent shall maintain an account on its books in the name of Borrowers (the “Loan Account”) on which Borrowers will be charged with all Revolving Loans (including Agent Advance and Swingline Loans) made by the Administrative Agent, Swingline Lender, or the Lenders to Borrowers or for Borrowers’ account, the Letters of Credit issued or arranged by Issuing Lender for Borrowers’ account, and with all other payment Obligations hereunder or under the other Credit Documents, including, accrued interest, fees and expenses, and Lender Group Expenses. In accordance with Section 2.19, the Loan Account will be credited with all payments received by the Administrative Agent from Borrowers or for Borrowers’ account. The Administrative Agent shall make available to Borrowers monthly statements regarding the Loan Account, including the principal amount of the Revolving Loans, interest accrued hereunder, fees accrued or charged hereunder or under the other Credit Documents, and a summary itemization of all charges and expenses constituting Lender Group
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