Common use of Borrowers’ Loan Accounts Clause in Contracts

Borrowers’ Loan Accounts. Each Bank shall enter all Revolving Credit Loans made to the Borrower as debits in the Borrower's Loan Account maintained with such Bank. Each Bank shall also record in the Borrower's Loan Account maintained with such Bank in accordance with customary accounting practice all other charges, expenses and other items properly chargeable to the Borrower; all payments made by the Borrower on account of the Revolving Credit Loans made by such Bank; and other appropriate debits and credits. The debit balance of the Borrower's Loan Account maintained with such Bank shall reflect the unpaid principal balance of the Revolving Credit Loans from time to time maintained with such Bank. At least once each month the Agent Bank shall render a statement of account for the Borrower's Loan Account maintained with the Agent Bank and the other Banks, which statement shall be considered correct and accepted by the Borrower and conclusively binding upon the Borrower in the absence of manifest error unless the Borrower notifies the Agent Bank to the contrary within ninety (90) days from the receipt of said statement by the Borrower.

Borrowers’ Loan Accounts. Each Bank shall enter all Revolving Credit Loans made to the Borrower Borrowers as debits in the Borrower's Borrowers' Loan Account maintained with such Bank. Each Bank shall also record in the Borrower's Borrowers' Loan Account maintained with such Bank in accordance with customary accounting practice all other charges, expenses and other items properly chargeable to the BorrowerBorrowers; all payments made by the Borrower Borrowers on account of the Revolving Credit Loans made by such Bank; and other appropriate debits and credits. The debit balance of the Borrower's Borrowers' Loan Account maintained with such Bank shall reflect the unpaid principal balance of the Revolving Credit Loans from time to time maintained with such Bank. At least once each month the Agent Bank shall render a statement of account for the Borrower's Borrowers' Loan Account maintained with the Agent Bank and the other Banks, which statement shall be considered correct and accepted by the Borrower Borrowers and conclusively binding upon the Borrower Borrowers in the absence of manifest error unless the Borrower notifies Borrowers notify the Agent Bank to the contrary within ninety thirty (9030) days from the receipt of said statement by the BorrowerBorrowers.

Borrowers’ Loan Accounts. Each Bank shall enter all Revolving Credit Loans made to the Borrower Borrowers as debits in the Borrower's Borrowers' Loan Account maintained with such Bank. Each Bank shall also record in the Borrower's Borrowers' Loan Account maintained with such Bank in accordance with customary accounting practice all other charges, expenses and other items properly chargeable to the BorrowerBorrowers; all payments made by the Borrower Borrowers on account of the Revolving Credit Loans made by such Bank; and other appropriate debits and credits. The debit balance of the Borrower's Borrowers' Loan Account maintained with such Bank shall reflect the unpaid principal balance of the Revolving Credit Loans from time to time maintained with such Bank. At least once each month the Agent Administrative Bank shall render a statement of account for the Borrower's Borrowers' Loan Account Accounts maintained with the Agent Bank PNC and the other Banks, which statement shall be considered correct and accepted by the Borrower Borrowers and conclusively binding upon the Borrower Borrowers in the absence of manifest error unless the Borrower notifies Borrowers notify the Agent Administrative Bank to the contrary within ninety thirty (9030) days from the receipt of said statement by the BorrowerBorrowers.

Borrowers’ Loan Accounts. Each Bank shall enter all Revolving Credit Loans made to the Borrower as debits in the Borrower's Loan Account maintained with such Bank. Each Bank shall also record in the Borrower's Loan Account maintained with such Bank in accordance with customary accounting practice all other charges, expenses and other items properly chargeable to the Borrower; all payments made by the Borrower on account of the Revolving Credit Loans made by such Bank; and other appropriate debits and credits. The debit balance of the Borrower's Loan Account maintained with such Bank shall reflect the unpaid principal balance of the Revolving Credit Loans from time to time maintained with such Bank. At least once each month the Agent Bank shall render a statement of account for the Borrower's Loan Account maintained with the Agent Bank and the other Banks, which statement shall be considered correct and accepted by the Borrower and conclusively con-clusively binding upon the Borrower in the absence of manifest error unless the Borrower notifies the Agent Bank to the contrary within ninety thirty (9030) days from the receipt of said statement by the Borrower.