Common use of The Line of Credit Clause in Contracts

The Line of Credit. 4.2. All loans, advances, letters of credit, extensions of credit (provisional or otherwise), guaranties, overdrafts, indebtedness and obligations of Borrower to Lender (collectively, "loans," or each, "loan") heretofore or hereafter made or incurred, together with interest thereon, and any renewals and extensions thereof, whether or not evidenced by notes, drafts, this Agreement or other agreements by or on behalf of Borrower, or evidenced by accounts maintained by Lender, all such notes, drafts, agreements and accounts are conclusive evidence of such Indebtedness at any time owing to Lender.