Common use of Amount of Note Obligations Clause in Contracts

Amount of Note Obligations. Any account settled or stated by or between the Trustee and the Issuers, or if any such account has not been settled or stated immediately before demand for payment under this Guarantee, any account stated by the Trustee shall, in the absence of manifest mathematical error, be accepted by the Guarantors as presumptively correct evidence of the amount of the Note Obligations which is due by the Issuers to the Creditors or remains unpaid by the Issuers to the Creditors.

Appears in 2 contracts

Samples: Guarantee Agreement (Johnstone Tank Trucking Ltd.), Guarantee Agreement (Johnstone Tank Trucking Ltd.)

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Amount of Note Obligations. Any account settled or stated by or between the Trustee and the Issuers, or if any such account has not been settled or stated immediately before demand for payment under this Guarantee, any account stated by the Trustee shall, in the absence of manifest mathematical error, be accepted by the Guarantors as presumptively correct evidence of the amount of the Note Obligations which is due by the Issuers to the Secured Creditors or remains unpaid by the Issuers to the Secured Creditors.

Appears in 2 contracts

Samples: Guarantee (Johnstone Tank Trucking Ltd.), Guarantee (Johnstone Tank Trucking Ltd.)

Amount of Note Obligations. Any account settled or stated by or between the Trustee and the Issuers, or if any such account has not been settled or stated immediately before demand for payment under this Guarantee, any account stated by the Trustee shall, in the absence of manifest mathematical error, be accepted by the Guarantors Guarantor as presumptively correct evidence of the amount of the Note Obligations which is due by the Issuers to the Secured Creditors or remains unpaid by the Issuers to the Secured Creditors.

Appears in 1 contract

Samples: Guarantee (Johnstone Tank Trucking Ltd.)

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Amount of Note Obligations. Any account settled or stated by or between the Trustee and the Issuers, or if any such account has not been settled or stated immediately before demand for payment under this Guarantee, any account stated by the Trustee shall, in the absence of manifest mathematical error, be accepted by the Guarantors Guarantor as presumptively correct evidence of the amount of the Note Obligations which is due by the Issuers to the Creditors or remains unpaid by the Issuers to the Creditors.

Appears in 1 contract

Samples: Guarantee Agreement (Johnstone Tank Trucking Ltd.)

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