Common use of Transaction Record Clause in Contracts

Transaction Record. The Administrative Agent's records regarding the amount of each Loan, each payment by the Borrower of principal and interest on the Loans, each Letter of Credit and other information relating to the Loans and Letters of Credit shall be presumed correct absent manifest error.

Appears in 4 contracts

Samples: Credit Agreement (Salem Communications Corp /De/), Security Agreement (Salem Communications Corp /De/), Credit Agreement (Salem Communications Corp /De/)

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Transaction Record. The Administrative Agent's records regarding the amount of each Loan, each payment by the Borrower of principal and interest on the Loans, each Letter of Credit Loans and other information relating to the Loans and Letters of Credit shall be presumed presumptively correct absent manifest error.

Appears in 2 contracts

Samples: Credit Agreement (American Radio Systems Corp /Ma/), Credit Agreement (American Radio Systems Corp /Ma/)

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