Common use of Effect of Entries Clause in Contracts

Effect of Entries. The entries made in the records maintained pursuant to paragraph (b) of this Section shall be PRIMA FACIE evidence of the existence and amounts of the obligations recorded therein; PROVIDED that the failure of the Lender to maintain such records or any error therein shall not in any manner affect the obligation of the Customer to repay the Loans in accordance with the terms of this Agreement.

Appears in 3 contracts

Samples: Security Agreement (Sirius Satellite Radio Inc), Credit Agreement (Loral Space & Communications Inc.), Customer Credit Agreement (Sirius Satellite Radio Inc)

AutoNDA by SimpleDocs

Effect of Entries. The entries made in the respective records maintained pursuant to paragraph (ba) of this Section shall be PRIMA FACIE prima facie evidence of the existence and amounts of the obligations recorded therein; PROVIDED provided that the failure of the any Lender to maintain such records or any error therein shall not in any manner affect the obligation of the Customer Borrower to repay the Loans in accordance with the terms of this Agreement.

Appears in 2 contracts

Samples: Purchase Money Credit Agreement (Terrestar Corp), Credit Agreement (Harbinger Capital Partners Master Fund I, Ltd.)

Effect of Entries. The entries made in the records maintained pursuant to paragraph (bd) or (e) of this Section shall be PRIMA FACIE evidence of the existence and amounts of the obligations recorded therein; PROVIDED that the failure of any Lender or the Lender Administrative Agent to maintain such records or any error therein shall not in any manner affect the obligation of the Customer Borrowers to repay the Loans in accordance with the terms of this Agreement.

Appears in 2 contracts

Samples: Credit Agreement (Xl Capital LTD), 364 Day Credit Agreement (Xl Capital LTD)

Effect of Entries. The entries made in the records maintained pursuant to paragraph (bc) or (d) of this Section shall be PRIMA FACIE evidence of the existence and amounts of the obligations recorded therein; PROVIDED that the failure of any Lender or the Lender Administrative Agent to maintain such records or any error therein shall not in any manner affect the obligation of the Customer any Account Party to repay the Loans in accordance with the terms of this Agreement.

Appears in 2 contracts

Samples: Credit Agreement (Security Capital Assurance LTD), Credit Agreement (Security Capital Assurance LTD)

Effect of Entries. The entries made in the records maintained pursuant to paragraph (bd) or (e) of this Section shall be PRIMA FACIE evidence of the existence and amounts of the obligations recorded therein; PROVIDED that the failure of any Lender or the Lender Administrative Agent to maintain such records or any error therein shall not in any manner affect the obligation of the Customer Account Parties to repay the Loans in accordance with the terms of this Agreement.

Appears in 2 contracts

Samples: Credit Agreement (Xl Capital LTD), Day Credit Agreement (Xl Capital LTD)

Effect of Entries. The entries made in the records maintained pursuant to paragraph (bc) or (d) of this Section shall be PRIMA FACIE evidence of the existence and amounts of the obligations recorded therein; PROVIDED that the failure of any Lender or the Lender Administrative Agent to maintain such records or any error therein shall not in any manner affect the obligation of the Customer Borrower to repay the Loans in accordance with the terms of this Agreement.

Appears in 1 contract

Samples: Credit Agreement (National City Corp)

AutoNDA by SimpleDocs

Effect of Entries. The entries made in the records maintained pursuant to paragraph (bc) or (d) of this Section shall be PRIMA FACIE evidence of the existence and amounts of the obligations recorded therein; PROVIDED that the failure of any Lender or the Lender Administrative Agent to maintain such records or any error therein shall not in any manner affect the obligation of the Customer Account Parties to repay the Loans in accordance with the terms of this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Xl Capital LTD)

Effect of Entries. The entries made in the records maintained pursuant to paragraph (bc) of this Section and Section 2.01(e) or Section 2.02(e), as applicable, shall be PRIMA FACIE evidence of the existence and amounts of the obligations recorded therein; PROVIDED that the failure of any Lender or the Lender Administrative Agent to maintain such records or any error therein shall not in any manner affect the obligation of the Customer Borrower to repay the Loans in accordance with the terms of this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Wilson Greatbatch Technologies Inc)

Effect of Entries. The entries made in the records maintained pursuant to paragraph (bc) or (d) of this Section shall be PRIMA FACIE evidence of the existence and amounts of the obligations recorded therein; PROVIDED that the failure of any Lender or the Lender Administrative Agent to maintain such records or any error therein shall not in any manner affect the obligation of the Customer Borrowers to repay the Loans in accordance with the terms of this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Axis Capital Holdings L)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!