Common use of Borrower’s Loan Account Clause in Contracts

Borrower’s Loan Account. Administrative Agent, on behalf of each Lender, shall maintain a loan account (the “Loan Account”) on its books for Borrower in which shall be recorded (a) all Loans made by Lenders (including Administrative Agent) to Borrower pursuant to this Agreement, including, without limitation, all payments made by Lenders under any Letter of Credit, (b) all payments made by Borrower on all such Loans, and (c) all other appropriate debits and credits as provided in this Agreement, including, without limitation, all fees, charges, expenses and interest. All entries in the Loan Account shall be made in accordance with Administrative Agent’s customary accounting practices as in effect from time to time. Borrower promises to pay the amount reflected absent manifest error or omissions as owing by Borrower under its Loan Account and all of its other obligations hereunder as such amounts become due or are declared due pursuant to the terms of this Agreement. Notwithstanding the foregoing, the failure so to record any such amount or any error in so recording any such amount shall not limit or otherwise affect Borrower’s obligations under this Agreement or under the Revolving Credit Notes or the Term Loan Notes to repay the outstanding principal amount of the Revolving Loans or the Term Loans together with all interest accruing thereon.

Borrower’s Loan Account. Administrative Agent, on behalf of each Lender, Agent shall maintain a loan account (the “Loan Account”"LOAN ACCOUNT") on its books for Borrower internal data control systems in which shall be recorded (ai) all Loans loans and advances made by Lenders (including Lenders, or by Administrative Agent) Agent for the account of Lenders, to Borrower pursuant to this Agreement, including, without limitation, all payments made by Lenders under any Letter of Credit, (bii) all payments made by Borrower on all such Loans, loans and advances (including debits and credits pursuant to Section 3.4 (Lock-Box Account) and (ciii) all other appropriate debits and credits as provided in this Agreement, including, without limitation, all interest, unused facility fees, chargesagency fees, LC fees and prepayment fees, but Borrower will be entitled to fifteen (15) days written notice prior to any debit with respect to appraisal fees, audit fees, attorneys fees and other miscellaneous charges and expenses and interestfor which Borrower is responsible hereunder. All entries in the Borrower's Loan Account shall be made in accordance with Administrative Agent’s 's customary accounting practices as in effect from time to time. Borrower promises to pay to Administrative Agent and Lenders the amount reflected absent manifest error or omissions as owing by Borrower it under its Loan Account and all of its other obligations hereunder and under any of the other Credit Documents as such amounts become due or are declared due (whether by scheduled maturity, required prepayment, acceleration, demand or otherwise) pursuant to the terms of this Agreement. Notwithstanding Agreement and the foregoing, the failure so to record any such amount or any error in so recording any such amount shall not limit or otherwise affect Borrower’s obligations under this Agreement or under the Revolving other Credit Notes or the Term Loan Notes to repay the outstanding principal amount of the Revolving Loans or the Term Loans together with all interest accruing thereonDocuments.

Borrower’s Loan Account. Administrative Agent, on behalf of each Lender, Lender shall maintain a loan account (the “"Loan Account”") on its books for Borrower internal data control systems in which shall be recorded (ai) all Loans loans and advances (except for the principal amount of the Term Loan and the Additional Loan) made by Lenders (including Administrative Agent) Lender to Borrower or for Borrower's account pursuant to this Agreement, including, including without limitation, limitation all payments made by Lenders Lender under any Letter Letters of Credit, (bii) all payments made by Borrower or for Borrower's account on all such Loansloans and advances, and (ciii) all other appropriate debits and credits as provided in this Agreement, including, without limitation, all fees, charges, expenses and interest. All entries in the Borrower's Loan Account shall be made in accordance with Administrative Agent’s Lender's customary accounting practices as in effect from time to time. Borrower promises to pay to Lender the amount reflected absent manifest error or omissions as owing by Borrower it under its Loan Account and all of its other obligations hereunder and under any of the other Financing Agreements as such amounts become due or are declared due (whether by scheduled maturity, required prepayment, acceleration, demand or otherwise) pursuant to the terms of this AgreementAgreement and the other Financing Agreements. Notwithstanding the foregoing, the failure so to record any such amount or any error in so recording any such amount The foregoing sentence shall not be deemed to limit or otherwise affect Borrower’s obligations under this Agreement or under the Revolving Credit Notes or the Term Loan Notes to repay the outstanding principal amount of the Revolving Loans or the Term Loans together with all interest accruing thereon's rights set forth in subsection 2.5.