Common use of Outstanding Amounts Clause in Contracts

Outstanding Amounts. The outstanding principal balance of the Note reflected by the notations by the Lender on its records shall be deemed rebuttably presumptive evidence of the principal amount owing on the Note. The liability for payment of principal and interest evidenced by the Note shall be limited to principal amounts actually advanced and outstanding pursuant to this Agreement and interest on such amounts calculated in accordance with this Agreement.

Appears in 12 contracts

Samples: Credit Agreement (Rocky Mountain Energy Corp), Credit Agreement (Stratum Holdings, Inc.), Credit Agreement (Exploration Co of Delaware Inc)

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Outstanding Amounts. (a) The outstanding principal balance of the Note of each Lender reflected by the notations by the of such Lender on its records shall be deemed rebuttably presumptive evidence of the principal amount owing on the such Note. The liability for payment of principal and interest evidenced by the each Note shall be limited to principal amounts actually advanced and outstanding pursuant to this Agreement and interest on such amounts calculated in accordance with this Agreement.

Appears in 4 contracts

Samples: Credit Agreement (Contango Oil & Gas Co), Credit Agreement (Lucas Energy, Inc.), Credit Agreement (Gastar Exploration LTD)

Outstanding Amounts. The outstanding principal balance of the Note reflected by the notations by of the Lender on its records shall be deemed rebuttably presumptive evidence of the principal amount owing on the Note. The liability for payment of principal and interest evidenced by the Note shall be limited to principal amounts actually advanced and outstanding pursuant to this Agreement and interest on such amounts calculated in accordance with this Agreement.

Appears in 4 contracts

Samples: Credit Agreement (Cross Border Resources, Inc.), Credit Agreement (Evolution Petroleum Corp), Credit Agreement (Royale Energy Inc)

Outstanding Amounts. The outstanding principal balance of the Note reflected by the notations by the Lender on its records or ledger sheets affixed to the Note shall be deemed rebuttably presumptive evidence of the principal amount owing on the Note. The liability for payment of principal and interest evidenced by the Note shall be limited to principal amounts actually advanced and outstanding pursuant to this Agreement and interest on such amounts calculated in accordance with this Agreement.

Appears in 3 contracts

Samples: Credit Agreement (Dril-Quip Inc), Credit Agreement (Sheridan Energy Inc), Credit Agreement (Dril-Quip Inc)

Outstanding Amounts. The outstanding principal balance of the Note Notes reflected by the notations by the Lender Lenders on its their records shall be deemed rebuttably presumptive evidence of the principal amount owing on the NoteNotes. The liability for payment of principal and interest evidenced by the Note Notes shall be limited to principal amounts actually advanced and outstanding pursuant to this Agreement and interest on such amounts calculated in accordance with this Agreement.

Appears in 3 contracts

Samples: Credit Agreement (Primeenergy Corp), Credit Agreement (Primeenergy Corp), Credit Agreement (Primeenergy Corp)

Outstanding Amounts. The outstanding principal balance of the Note of each Lender reflected by the notations by the of such Lender on its records shall be deemed rebuttably presumptive evidence of the principal amount owing on the such Note. The liability for payment of principal and interest evidenced by the each Note shall be limited to principal amounts actually advanced and outstanding pursuant to this Agreement Agreement, the original issue discount amount and interest on such amounts calculated in accordance with this Agreement.

Appears in 2 contracts

Samples: Term Loan Agreement (Royale Energy Holdings, Inc.), Term Loan Agreement (Royale Energy Holdings, Inc.)

Outstanding Amounts. The outstanding principal balance of the Note reflected by the notations by the Lender on its records shall be deemed rebuttably presumptive evidence of the principal amount owing on the Note. The liability for payment of principal and interest evidenced by the Note shall be limited to principal amounts actually advanced and outstanding pursuant to this Credit Agreement and interest on such amounts calculated in accordance with this Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (Ultra Petroleum Corp)

Outstanding Amounts. The outstanding principal balance of the Note reflected by the notations by the Lender on its records shall be deemed rebuttably presumptive evidence of the principal amount owing on the Note. The liability for payment of principal and interest evidenced by the Note shall be limited to principal amounts actually advanced and outstanding pursuant to this Agreement and interest on such amounts calculated in accordance with this Agreement.

Appears in 1 contract

Samples: Credit Agreement (United Heritage Corp)

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Outstanding Amounts. The outstanding principal balance of the Note reflected by the notations by the Lender on its records shall be deemed rebuttably presumptive evidence of the principal amount owing on the Note. The liability for payment of principal and interest evidenced by the Note shall be limited to principal amounts actually advanced and outstanding pursuant to this Agreement and interest on such amounts calculated in accordance with this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Midcoast Energy Resources Inc)

Outstanding Amounts. The outstanding principal balance of the ------------------- Note reflected by the notations by the Lender on its records shall be deemed rebuttably presumptive evidence of the principal amount owing on the Note. The liability for payment of principal and interest evidenced by the Note shall be limited to principal amounts actually advanced and outstanding pursuant to this Credit Agreement and interest on such amounts calculated in accordance with this Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (Pendaries Petroleum LTD)

Outstanding Amounts. c) The outstanding principal balance of the Note of each Lender reflected by the notations by the of such Lender on its records shall be deemed rebuttably presumptive evidence of the principal amount owing on the such Note. The liability for payment of principal and interest evidenced by the each Note shall be limited to principal amounts actually advanced and outstanding pursuant to this Agreement and interest on such amounts calculated in accordance with this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Gastar Exploration LTD)

Outstanding Amounts. The outstanding principal balance of the Note reflected by the notations by the Lender on its records shall be deemed rebuttably presumptive evidence of the principal amount owing on the Note. The liability for payment of principal and interest evidenced by the Note shall be limited to principal amounts actually advanced and outstanding pursuant to this Agreement and interest on such amounts calculated in accordance with this Agreement.outstanding

Appears in 1 contract

Samples: Credit Agreement (Contango Oil & Gas Co)

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