Accounts prima facie evidence. If the account maintained under Clauses 15.4 shows an amount to be owing by a Borrower or a Security Party to the Lender, that account shall be prima facie evidence that that amount is owing to the Lender.
Appears in 7 contracts
Samples: Loan Agreement (Scorpio Bulkers Inc.), Loan Agreement (Quintana Shipping Ltd.), Loan Agreement (TBS International LTD)
Accounts prima facie evidence. If the account maintained under Clauses 15.4 Clause 16.4 shows an amount to be owing by a the Borrower or a any other Security Party to the Lender, that account shall be prima facie evidence that that amount is owing to the Lender.
Appears in 3 contracts
Samples: Loan Agreement (General Maritime Corp / MI), Loan Agreement (Arlington Tankers Ltd.), Loan Agreement (Arlington Tankers Ltd.)
Accounts prima facie evidence. If the account maintained under Clauses 15.4 shows an amount to be owing by a the Borrower or a Security Party to the Lender, that account shall be prima facie evidence that that amount is owing to the Lender.
Appears in 1 contract
Samples: Loan Agreement (StealthGas Inc.)
