Common use of Account Clause in Contracts

Account. Lender shall maintain on its books a record of account in which Lender shall make entries for each Advance and such other debits and credits as shall be appropriate in connection with the credit facility. Lender shall provide Borrower with periodic statements of Borrower's account, which statements shall be considered to be correct and conclusively binding on Borrower unless Borrower notifies Lender to the contrary within thirty (30) days after Borrower's receipt of any such statement which Borrower deems to be incorrect.

Appears in 23 contracts

Samples: Loan Agreement (SHC Corp), Loan Agreement (Hemacare Corp /Ca/), Loan Agreement (MedAire, Inc.)

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Account. Lender shall maintain on its books a record of account in which Lender shall make entries for each Advance and such other debits and credits as shall be appropriate in connection with the credit facility. Lender shall provide Borrower with periodic statements of Borrower's accountaccounts, which statements shall will be considered to be correct and conclusively binding on Borrower unless Borrower notifies Lender to the contrary within with thirty (30) days after Borrower's receipt of any such statement which Borrower deems to be incorrect.

Appears in 3 contracts

Samples: Loan Agreement (Scientific Software Intercomp Inc), Loan Agreement (Scientific Software Intercomp Inc), Loan Agreement (Scientific Software Intercomp Inc)

Account. Lender shall maintain on its books a record of account in which Lender shall make entries for each Advance and such other debits and credits as shall be appropriate in connection with the credit facility. Lender shall provide Borrower with periodic statements of BorrowerXxxxxxxx's account, which statements shall be considered to be correct and conclusively binding on Borrower unless Borrower notifies Lender to the contrary within thirty (30) days after BorrowerXxxxxxxx's receipt of any such statement which Borrower deems to be incorrect.

Appears in 2 contracts

Samples: Loan Agreement (Regeneration Technologies Inc), Loan Agreement (Medical Resources Management Inc)

Account. Lender shall maintain on its books a record of account in which Lender shall make entries for each Advance and such other debits and credits as shall be appropriate in connection with the credit facility. Lender shall provide Borrower with periodic statements of Borrower's account, which statements shall be considered to be correct and conclusively correcx xxx xxnclusively binding on Borrower unless Borrower notifies Lender to the contrary within thirty (30) days after Borrower's receipt of any such statement which Borrower deems to be incorrectixxxxxxxx.

Appears in 2 contracts

Samples: Loan Agreement (United Oilfield Services Inc), Loan Agreement (United Oilfield Services Inc)

Account. Lender shall maintain on its books a record of account in which Lender shall make entries for each Advance and such other debits and credits as shall be appropriate in connection with the credit facility. facility Lender shall provide Borrower with periodic statements of Borrower's account, which statements shall be considered to be correct and conclusively binding on Borrower unless Borrower notifies Lender to the contrary within thirty (30) days after Borrower's receipt of any such statement which Borrower deems to be incorrect.

Appears in 1 contract

Samples: Business Loan Agreement (Ironclad Performance Wear Corp)

Account. Lender shall maintain on its books a record of account in which Lender shall make entries for each Advance and such other debits and credits as shall be appropriate in connection with the credit facilityLine of Credit. Lender shall provide Borrower with periodic statements of Borrower's account, which statements shall be considered to be correct and conclusively binding on Borrower unless Borrower notifies Lender to the contrary within thirty (30) days after Borrower's receipt of any such statement statement, which Borrower deems to be incorrect.

Appears in 1 contract

Samples: Loan Agreement (Rankin Automotive Group Inc)

Account. Lender shall maintain on its books a record of account in which Lender shall make entries for each Advance and such other debits and credits as shall be appropriate in connection with the credit facility. Lender shall provide Borrower with periodic statements of Borrower's Borrxxxx'x account, which statements shall be considered to be correct and conclusively binding on Borrower unless Borrower notifies Lender to the contrary within thirty (30) days 30)days after Borrower's receipt Borrxxxx'x xeceipt of any such statement which Borrower deems to be incorrect.

Appears in 1 contract

Samples: Loan Agreement (Multiple Zones International Inc)

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Account. Lender shall maintain on its books a record of account in which Lender shall make entries for each Advance Advances and such other debits and credits as shall be appropriate in connection with the credit facility. Lender shall provide Borrower with periodic statements of BorrowerXxxxxxxx's account, which statements shall be considered to be correct and conclusively Conclusively binding on Borrower unless Borrower notifies Lender to the contrary within thirty (30) days after BorrowerXxxxxxxx's receipt of any such statement which Borrower deems to be incorrect.

Appears in 1 contract

Samples: Loan Agreement (Craftmade International Inc)

Account. Lender shall maintain on its books a record of account in which Lender shall make entries for each Advance and such other debits and credits as shall be appropriate in connection with the credit facility. Lender shall provide Borrower with periodic statements of Borrower's Borrxxxx'x account, which statements shall be considered to be correct and conclusively binding on Borrower unless Borrower notifies Lender to the contrary within thirty (30) days after Borrower's receipt Borrxxxx'x xeceipt of any such statement which Borrower deems to be incorrect.

Appears in 1 contract

Samples: Loan Agreement (Daw Technologies Inc /Ut)

Account. Lender shall maintain on its books a record of account in which Lender shall make entries for each Advance and such other debits and credits as shall be appropriate in connection with the credit facility. Lender shall provide Borrower with periodic statements of Borrower's Borrowers account, which statements shall be considered to be correct and conclusively binding on Borrower unless Borrower notifies Lender to the contrary within thirty (30) days after Borrower's receipt of any such statement which Borrower deems to be incorrect.

Appears in 1 contract

Samples: Loan Agreement (Novadigm Inc)

Account. Lender shall maintain on its books a record of account in which Lender shall make entries for each Advance and such other debits and credits as shall be appropriate in connection with the credit facility. Lender shall provide Borrower Borrowers with periodic statements of Borrower's Borrowers' account, which statements shall be considered to be correct and conclusively binding on Borrower Borrowers unless Borrower notifies Borrowers notify Lender to the contrary within thirty (30) days after Borrower's Borrowers' receipt of any such statement which Borrower deems Borrowers deem to be incorrect.

Appears in 1 contract

Samples: Business Loan Agreement (Unbridled Energy CORP)

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