Common use of Amount of Guaranteed Obligations Clause in Contracts

Amount of Guaranteed Obligations. Any account settled or stated by or between the Lender and the Borrower or, if any such account has not been so settled or stated immediately before demand for payment under this guarantee, any account thereafter stated by the Lender shall, in the absence of demonstrated error, be accepted by the Guarantor as conclusive evidence of the amount of the Guaranteed Obligations which at the date of the account so settled or stated is due by the Borrower to the Lender or remains unpaid by the Borrower to the Lender.

Appears in 2 contracts

Samples: Share Pledge Agreement (XLR Medical Corp.), Guarantee (XLR Medical Corp.)

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Amount of Guaranteed Obligations. Any account settled or stated by or between the Lender and the Borrower or, if any such account has not been so settled or stated immediately before demand for payment under this guarantee, any account thereafter stated by the Lender shall, in the absence of demonstrated error, be accepted by the Guarantor Guarantors as conclusive evidence of the amount of the Guaranteed Obligations which at the date of the account so settled or stated is due by the Borrower to the Lender or remains unpaid by the Borrower to the Lender.

Appears in 2 contracts

Samples: Limited Recourse Guarantee (Fc Financial Services Inc), Limited Recourse Guarantee (Fc Financial Services Inc)

Amount of Guaranteed Obligations. Any account settled or stated by or between the Lender and the Borrower orBorrower, or if any such account has not been so settled or stated immediately before demand for payment under this guaranteeGuarantee, any account thereafter stated by the Lender shall, in the absence of demonstrated manifest mathematical error, be accepted by the Guarantor Guarantors as conclusive prima facie evidence of the amount of the Guaranteed Obligations which at the date of the account so settled or stated is due by the Borrower to the Lender or remains unpaid by the Borrower to the Lender.

Appears in 1 contract

Samples: Guarantee

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Amount of Guaranteed Obligations. Any account settled or stated by or between among the Lender Creditor and the Borrower or, Obligant or if any such account has not been so settled or stated immediately before demand for payment under this guaranteeGuarantee, any account thereafter stated by the Lender Creditor shall, in the absence of demonstrated manifest mathematical error, be accepted by the Guarantor as conclusive prima facie evidence of the amount of the Guaranteed Obligations which at the date of the account so settled or stated is due by the Borrower Obligant to the Lender Creditor or remains unpaid by the Borrower Obligant to the LenderCreditor as the case may be.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Seabridge Gold Inc)

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