Common use of Agent's or Lender's Accounting Clause in Contracts

Agent's or Lender's Accounting. (i) The Agent shall maintain a loan account (the "Loan Account") on its books in which shall be recorded (x) the names and addresses of the Lenders and the Commitments of, and principal amount of Loans and Letter of Credit Obligations owing to, each Lender from time to time; (y) all other appropriate debits and credits as provided in this Agreement, including, without limitation, all interest, fees (including attorneys' fees and disbursements), expenses, charges and other Obligations; (z) all payments of Obligations made by any Borrowing Subsidiary, or for such Borrowing Subsidiary's account. All entries in the Loan Account shall be made in accordance with the Agent's customary accounting practices as in effect from time to time. The Agent will render a statement of the Loan Account monthly to each Borrowing Subsidiary and will deliver a copy thereof to each Lender. The Agent will notify each Lender on each Weekly Settlement Date, if any Letter of Credit Obligations with respect to Letters of Credit issued by the Issuing Bank are outstanding on such date, and the principal amount of such Letter of Credit Obligations owing to each Lender on such date. Each and every such statement shall be deemed final, binding and conclusive upon such Borrowing Subsidiary in all respects as to all matters reflected therein (absent manifest error), unless such Borrowing Subsidiary, within fifteen (15) days after the date such statement is rendered, delivers to the Agent written notice of any objections which such Borrowing Subsidiary may have to any such statement. In that event, only those items expressly objected to in such notice shall be deemed to be disputed by such Borrowing Subsidiary. Notwithstanding the foregoing, the Agent's entries in the Loan Account evidencing Loans and other financial accommodations made from time to time shall be final, binding and conclusive upon such Borrowing Subsidiary (absent manifest error) as to the existence and amount of the Obligations recorded in the Loan Account. The Agent may, in its discretion, and will at the request of the Requisite Lenders, charge to the Loan Account any or all interest, fees and expenses incurred by any Borrowing Subsidiary hereunder or under the other Loan Documents.

Agent's or Lender's Accounting. (i) The Administrative Agent and the Canadian Collateral Agent, as applicable, shall maintain a loan account (hereinafter referred to as the "Loan Account") on its respective books in which shall be recorded (xa) the names and addresses of the Lenders and the US Revolving Credit Commitment, Canadian Revolving Credit Commitments ofand Acquisition/Term Loan Commitments of each Lender, and principal amount of Loans and Letter of Credit Obligations owing toas applicable, each Lender from time to time; (yb) all other appropriate debits and credits as provided in this Loan Agreement, including, without limitation, all interest, fees (including attorneys' fees and disbursements)fees, expenses, charges and other Obligations; and (zc) all payments of Obligations made by any Borrowing Subsidiarythe Borrowers, or for such Borrowing Subsidiary's the Borrowers' account. All entries in the Loan Account shall be made in accordance with the such Agent's customary accounting practices as in effect from time to time. The Each of the Administrative Agent and the Canadian Collateral Agent will render a statement of the Loan Account monthly to each Borrowing Subsidiary the Borrowers and will deliver a copy thereof to each Lender. The Administrative Agent will notify each US Lender on each Weekly Settlement Date, monthly if any US Letter of Credit Obligations with respect to US Letters of Credit issued by the Issuing Bank are outstanding on such date, and the principal amount of such US Letter of Credit Obligation owing to each US Lender on such date. The Canadian Collateral Agent will notify each Canadian Lender monthly if any Canadian Letter of Credit Obligations with respect to Canadian Letters of Credit issued by the Issuing Bank are outstanding on such date, and the principal amount of such Canadian Letter of Credit Obligation owing to each Canadian Lender on such date. Each and every such statement shall be deemed final, binding and conclusive upon such Borrowing Subsidiary the Borrowers and the Lenders in all respects as to all matters reflected therein (if made in good faith, absent manifest error), unless such Borrowing Subsidiarythe Borrowers or any Lender, within fifteen twenty (1520) days after the date such statement is rendered, delivers to the Administrative Agent and/or the Canadian Collateral Agent, as appropriate, written notice of any objections objection which the Borrowers or such Borrowing Subsidiary Lender may have to any such statement. In that event, only those items expressly objected to in such notice shall be deemed to be disputed by such Borrowing Subsidiary. Notwithstanding the foregoing, Borrowers or the Lenders and all of the Administrative Agent's and/or the Canadian Collateral Agent's other entries in the Loan Account evidencing Loans Loans, Letters of Credit and other financial accommodations made from time to time shall be final, binding and conclusive upon such Borrowing Subsidiary the Borrowers and the Lenders (if made in good faith, absent manifest error) as to the existence and amount of the Obligations recorded in the Loan Account. The Agent may, in its discretion, and will at the request of the Requisite Lenders, charge to the Loan Account any or all interest, fees and expenses incurred by any Borrowing Subsidiary hereunder or under the other Loan Documents.

Agent's or Lender's Accounting. (i) The Agent shall maintain a loan account (hereinafter referred to as the "Loan Account") on its books in which shall be recorded (xa) the names and addresses of the Lenders and the Commitments of, of and principal amount of the Term Loan, the Revolving Credit Loans and Letter of Credit Obligations owing to, each Lender from time to time; (yb) all other appropriate debits and credits as provided in this Loan Agreement, including, without limitation, all interest, fees (including attorneys' fees and disbursements)fees, expenses, charges and other Obligations; (zC) all payments of Obligations made by any Borrowing Subsidiarythe Co-Borrowers, or for such Borrowing Subsidiary's the Co-Borrowers' account. All entries in the Loan Account shall be made in accordance with the Agent's customary accounting practices as in effect from time to time. The Agent will render a statement of the Loan Account monthly to each Borrowing Subsidiary the Co-Borrowers and will deliver a copy thereof to each Lender. The Agent will notify each Lender on each Weekly Settlement Datemonthly, if any Letter of Credit Obligations with respect to Letters of Credit issued by the Issuing Bank are outstanding on such date, and the principal amount of such Letter of Credit Obligations Obligation owing to each Lender on such date. Each and every such statement shall be deemed final, binding and conclusive upon such Borrowing Subsidiary the Co-Borrowers and the Lenders in all respects as to all matters reflected therein (if made in good faith, absent manifest error), unless such Borrowing Subsidiarythe Co-Borrowers or any Lender, within fifteen twenty (1520) days after the date such statement is rendered, delivers to the Agent written notice of any objections objection which the Co-Borrowers or such Borrowing Subsidiary Lender may have to any such statement. In that event, only those items expressly objected to in such notice shall be deemed to be disputed by such Borrowing Subsidiary. Notwithstanding the foregoing, Co-Borrowers or the Lenders and all of the Agent's other entries in the Loan Account evidencing Loans Loans, Letters of Credit and other financial accommodations made from time to time shall be final, binding and conclusive upon such Borrowing Subsidiary the Co-Borrowers and the Lenders (if made in good faith, absent manifest error) as to the existence and amount of the Obligations recorded in the Loan Account. The Agent may, in its discretion, and will at the request of the Requisite Lenders, charge to the Loan Account any or all interest, fees and expenses incurred by any Borrowing Subsidiary hereunder or under the other Loan Documents.

Agent's or Lender's Accounting. (i) The Agent shall maintain a loan account (hereinafter referred to as the "Loan Account") on its books in which shall be recorded (xa) the names and addresses of the Lenders and the Commitments of, of and principal amount of Loans the Term Loan Facilities, the Revolving Credit Loan Facility and the Letter of Credit Obligations owing to, each Lender from time to time; (yb) all other appropriate debits and credits as provided in this Loan Agreement, including, without limitation, all interest, fees (including attorneys' fees and disbursements)fees, expenses, charges and other Obligations; and (zc) all payments of Obligations made by any Borrowing Subsidiarythe Co-Borrowers, or for such Borrowing Subsidiary's the Co-Borrowers' account. All entries in the Loan Account shall be made in accordance with the Agent's customary accounting practices as in effect from time to time. The Agent will render a statement of the Loan Account monthly to each Borrowing Subsidiary the Co-Borrowers and will deliver a copy thereof to each Lender. The Agent will notify each Lender on each Weekly Settlement Datemonthly, if any Letter of Credit Obligations with respect to Letters of Credit issued by the Issuing Bank are outstanding on such date, and the principal amount of such Letter of Credit Obligations Obligation owing to each Lender on such date. Each and every such statement shall be deemed final, binding and conclusive upon such Borrowing Subsidiary the Co-Borrowers and the Lenders in all respects as to all matters reflected therein (if made in good faith, absent manifest error), unless such Borrowing Subsidiarythe Co-Borrowers or any Lender, within fifteen twenty (1520) days after the date such statement is rendered, delivers to the Agent written notice of any objections objection which the Co-Borrowers or such Borrowing Subsidiary Lender may have to any such statement. In that event, only those items expressly objected to in such notice shall be deemed to be disputed by such Borrowing Subsidiary. Notwithstanding the foregoing, Co-Borrowers or the Lenders and all of the Agent's other entries in the Loan Account evidencing Loans Loans, Letters of Credit and other financial accommodations made from time to time shall be final, binding and conclusive upon such Borrowing Subsidiary the Co-Borrowers and the Lenders (if made in good faith, absent manifest error) as to the existence and amount of the Obligations recorded in the Loan Account. The Agent may, in its discretion, and will at the request of the Requisite Lenders, charge to the Loan Account any or all interest, fees and expenses incurred by any Borrowing Subsidiary hereunder or under the other Loan Documents.