Common use of Effect of Account Entries Clause in Contracts

Effect of Account Entries. Entries made in good faith by the Administrative Agent in its account or accounts pursuant to Section 2.2(a), shall be prima facie evidence of the amount of principal and interest due and payable or to become due and payable from the Borrower to the Lenders, under this Agreement and the other Credit Documents, absent manifest error; provided that the failure of the Lender to make an entry, or any finding that an entry is incorrect, in such account or accounts shall not limit or otherwise affect the obligations of the Borrower under this Agreement and the other Credit Documents.

Appears in 3 contracts

Samples: Term Loan Facility Agreement (Royal Gold Inc), Term Loan Facility Agreement (Royal Gold Inc), Term Loan Facility Agreement (Royal Gold Inc)

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Effect of Account Entries. Entries made in good faith by the Administrative Agent Lender in its account or accounts pursuant to Section 2.2(a2.09(a), shall be prima facie evidence of the amount of principal and interest due and payable or to become due and payable from the Borrower Borrowers to the LendersLender, under this Agreement and the other Credit Loan Documents, absent manifest error; provided that the failure of the Lender to make an entry, or any finding that an entry is incorrect, in such account or accounts shall not limit or otherwise affect the obligations of the Borrower Borrowers under this Agreement and the other Credit Loan Documents.

Appears in 1 contract

Samples: Credit Agreement (Capital Gold Corp)

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