Maintenance of Loan Account; Statements of Account. (a) The Administrative Agent shall maintain an account on its books in the name of the Borrowers (each, the “Loan Account”) which will reflect (i) all Revolving Credit Loans and other advances made by the Lenders to the Borrowers or for the Borrowers’ account, (ii) all Letter of Credit Disbursements, fees and interest that have become payable as herein set forth, and (iii) any and all other monetary Obligations that have become payable.
Maintenance of Loan Account; Statements of Account. The Administrative Agent shall maintain an account on its books in the name of the Borrower (each, the “Loan Account”) which will reflect (i) all Term Loans of each Class made by the Lenders to the Borrower or for the Borrower’s account and (ii) any and all other monetary Obligations that have become payable. The Loan Account will be credited with all amounts received by the Administrative Agent from the Borrower or from other Persons for the Borrower’s account, and the amounts so credited shall be applied as set forth in and to the extent required by SECTION 2.17(f) or 7.03, as applicable.
Maintenance of Loan Account; Statements of Account. The Agent shall maintain an account on its books in the name of Florsheim (the "Loan Account") in which the Borrowers will be charged with all loans and advances made by the Lenders to the Borrowers or for the account of the Borrowers, including the Revolving Loans, and all Letter of Credit Obligations, the Fees, the Expenses and any other Obligations, as and when such payments become due. The Loan Account will be credited with all payments received by the Agent from the Borrowers or for the account of the Borrowers, including all amounts received in the BT Account from the Lockbox and Collection Banks. After the end of each month, the Agent shall send the Borrower Representative a monthly statement accounting for the charges, loans, advances and other transactions occurring among and between the Agent, the Lenders and the Borrowers during that month, provided, that the failure of the Agent to send such statement to the Borrower Representative shall not relieve the Borrowers of any Obligations. Absent manifest error, each monthly statement shall be an account stated and shall be final, conclusive and binding on the Borrowers, unless Agent receives a written statement of the Borrowers' exceptions thereto within sixty (60) days after any such monthly statement is mailed.
Maintenance of Loan Account; Statements of Account. (a) The Administrative Agent or the Canadian Agent, as applicable, shall maintain an account on its books in the name of the Domestic Borrowers and the Canadian Borrower (each, the “Loan Account”) which will reflect (i) all Loans and other advances made by the Lenders to such Borrowers or for such Borrowers’ account, (ii) all Letter of Credit Disbursements, fees and interest that have become payable as herein set forth, and (iii) any and all other monetary Obligations or Canadian Liabilities, as applicable, that have become payable.
Maintenance of Loan Account; Statements of Account. The Agent shall maintain an account on its books in the name of the Borrowers (the “Loan Account”) in which the Borrowers will be charged with all Revolving Credit Loans and Advances made by the Lenders to the Borrowers or for the Borrowers’ account, including the Revolving Credit Loans, interest, fees, Lender Group Expenses and any other Obligations. The Loan Account will be credited with all amounts received by the Lenders from the Borrowers or for the Borrowers’ account, including, as set forth in Section 2.7 below, all amounts received from any Lockbox Account or Blocked Account. The Lender shall send the Borrower Agent a monthly statement reflecting the activity in the Loan Account. Each such statement shall be an account stated and shall be final, conclusive and binding on the Borrowers, absent manifest error.
Maintenance of Loan Account; Statements of Account. (a) The Administrative Agent shall maintain an account on its books in the name of the Borrowers (the "LOAN ACCOUNT") which will reflect (i) all Swingline Loans and all loans and advances made by the Lenders to the Borrowers or for the Borrowers' account, including the Loans, (ii) all L/C Disbursements, fees and interest that have become payable as herein set forth, and (iii) any and all other Obligations that have become payable.
Maintenance of Loan Account; Statements of Account. Agent shall maintain an account on its books in the name of Xxxxxxxxx (the “Loan Account”) in which Borrowers will be charged with all Loans made by the Lenders to Borrowers or for Borrowers’ account, including the Loans, interest, fees, Lender Group Expenses and any other Obligations. The Loan Account will be credited with all amounts received by the Lenders from Borrowers or for Borrowers’ account. The Lender shall send Borrowers a monthly statement reflecting the activity in the Loan Account. Each such statement shall be an account stated and shall be final, conclusive and binding on Borrowers, absent manifest error.
Maintenance of Loan Account; Statements of Account. The Administrative Agent shall maintain an account on its books in the name of the Administrative Borrower (the “Loan Account”) in which the Borrower will be charged with all Loans and Advances made by the Lender Parties to the Borrower or for the Borrower’s account, including the Swing Loan, the Revolving Credit Loans, interest, fees, expenses and any other Obligations. The Loan Account will be credited with all amounts received by the Administrative Agent from the Borrower or for the Borrower’s account, including, as set forth below, all amounts received in the Administrative Agent Account or the Collection Account. The Administrative Agent shall send the Administrative Borrower a monthly statement reflecting the activity in the Loan Account. Each such statement shall be an account stated and shall be final, conclusive and binding on the Borrower, absent manifest error.
Maintenance of Loan Account; Statements of Account. (a) The Issuing Bank shall maintain an account on its books in the name of Petsmart (the "Loan Account") which will reflect all L/C Disbursements, fees and interest that have become payable as herein set forth.
Maintenance of Loan Account; Statements of Account. The Administrative Agent shall maintain an account on its books in the name of the Company (the "Loan Account") in which the Company will be charged with all loans and advances made by the Banks to the Company or for the Company's account, including the Loans and all L/C Obligations, the Fees, the Expenses and any other Obligations. The Loan Account will be credited with all amounts received by the Administrative Agent from the Company or from others for the Company's account, on the date received provided such amounts are received by no later than 3:00 p.m. (New York City time), and on the next Business Day if received after such time. In no event shall prior recourse to any Collateral be a prerequisite to the Administrative Agent's right to demand payment of any Obligation upon its maturity. After the end of each month, the Administrative Agent shall send the Company a statement accounting for the charges, loans, advances and other transactions occurring among and between the Administrative Agent, the Banks and the Company during that month. The monthly statements shall, absent manifest error, be an account statement, which is final, conclusive and binding on the Company; provided, however, that in respect of Expenses that are, by the express terms of this Agreement required to be reasonable, the Company reserves the right to assert that unreasonable Expenses should not be so reimbursed.
