Administrative Agent’s Accounts. The Administrative Agent shall maintain accounts in which it shall record (i) the amount of each Loan, Swingline Loan and LC Disbursement made hereunder, the type of Advance thereof and the Interest Period applicable thereto (and in the case of Swingline Loans, the Swingline Interest Period and the negotiated rate applicable to each Swingline Loan), (ii) the amount of any principal or interest due and payable or to become due and payable from the Borrower to each Lender or the Swingline Lender hereunder and (iii) the amount of any other sum received by the Administrative Agent hereunder for the account of the Lenders and each Lender's share thereof.
Appears in 2 contracts
Samples: Credit Agreement (Urstadt Biddle Properties Inc), Assignment and Assumption Agreement (Urstadt Biddle Properties Inc)
Administrative Agent’s Accounts. The Administrative Agent shall maintain accounts in which it shall record (i) the amount of each Loan, Swingline Loan and LC Disbursement made hereunder, the type of Advance thereof and the Interest Period applicable thereto (and in the case of Swingline Loans, the Swingline Interest Period and the negotiated rate applicable to each Swingline Loan), (ii) the amount of any principal or interest due and payable or to become due and payable from the Borrower to each Lender or the Swingline Lender hereunder and (iii) the amount of any other sum received by the Administrative Agent hereunder for the account of the Lenders and each Lender's ’s share thereof.
Appears in 1 contract
Administrative Agent’s Accounts. The Administrative Agent shall maintain accounts in which it shall record (i) the amount of each Loan, Swingline Loan and LC Disbursement made hereunder, the type of Advance thereof and the Interest Period applicable thereto (and in the case of Swingline Loans, the Swingline Interest Period and the negotiated rate applicable to each Swingline Loan), (ii) the amount of any principal or interest due and payable or to become due and payable from the Borrower to each Lender or the Swingline Lender hereunder and (iii) the amount of any other sum received by the Administrative Agent hereunder for the account of the Lenders and each Lender's Xxxxxx’s share thereof.
Appears in 1 contract