Common use of Statement of Indebtedness Clause in Contracts

Statement of Indebtedness. Upon demand by the Senior Lender, the Junior Lender will furnish to the Senior Lender a statement of indebtedness owing from Borrower to the Junior Lender. The Senior Lender may rely without further investigation upon any such statement.

Statement of Indebtedness. Upon demand by the Senior Lender, the Junior Lender Creditor will furnish to the Senior Lender a statement of indebtedness owing from Borrower Borrowers to the Junior LenderCreditor. The Senior Lender may rely without further investigation upon any such statement. Upon demand by Junior Creditor, the Senior Lender will furnish to the Junior Creditor a statement of indebtedness owing from Borrowers to the Senior Lender. The Junior Creditor may rely without further investigation upon any such statement.

Statement of Indebtedness. Upon demand by the Agent on behalf of the Senior Lender, the Junior Lender will furnish to the Agent on behalf of the Senior Lender a statement of indebtedness owing from Borrower to the Junior Lender. The Senior Lender may rely without further investigation upon any such statement.