Common use of Evidence of Guaranteed Obligations Clause in Contracts

Evidence of Guaranteed Obligations. Each Lender’s and Agent’s books and records showing the Guaranteed Obligations shall be admissible in any action or proceeding, shall be binding upon the Guarantor for the purpose of establishing the Guaranteed Obligations due from any Subsidiary Borrower and shall constitute prima facie proof, absent manifest error, of the Guaranteed Obligations of each Subsidiary Borrower to such Lender or Agent, as well as the obligations of the Guarantor to such Lender or Agent.

Appears in 3 contracts

Samples: Credit Agreement (Miller Herman Inc), Credit Agreement (Miller Herman Inc), Credit Agreement (Miller Herman Inc)

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Evidence of Guaranteed Obligations. Each Lender’s 's and the Agent’s 's books and records showing the Guaranteed Obligations shall be admissible in any action or proceeding, shall be binding upon the each Guarantor for the purpose of establishing the Guaranteed Obligations due from any Subsidiary Borrower the Borrowers and shall constitute prima facie proof, absent manifest error, of the Guaranteed Obligations of each Subsidiary Borrower the Borrowers to such Lender or the Agent, as well as the obligations of the each Guarantor to such Lender or the Agent.

Appears in 2 contracts

Samples: Assignment Agreement (Diebold Inc), Assignment Agreement (Diebold Inc)

Evidence of Guaranteed Obligations. Each Lender’s and the Administrative Agent’s books and records showing the Guaranteed Obligations shall be admissible in any action or proceeding, shall be binding upon the each Guarantor for the purpose of establishing the Guaranteed Obligations due from any Subsidiary Borrower the Borrowers and shall constitute prima facie proof, absent manifest error, of the Guaranteed Obligations of each Subsidiary Borrower the Borrowers to such Lender or the Administrative Agent, as well as the obligations of the each Guarantor to such Lender or the Administrative Agent.

Appears in 2 contracts

Samples: Credit Agreement (Diebold Inc), Credit Agreement (Diebold Inc)

Evidence of Guaranteed Obligations. Each Lender’s and the Agent’s books and records showing the Guaranteed Obligations shall be admissible in any action or proceeding, shall be binding upon the each Guarantor for the purpose of establishing the Guaranteed Obligations due from any Subsidiary the Borrower and shall constitute prima facie proof, absent manifest error, of the Guaranteed Obligations of each Subsidiary the Borrower to such Lender or the Agent, as well as the obligations of the each Guarantor to such Lender or the Agent.

Appears in 1 contract

Samples: Bridge Loan Agreement (Cintas Corp)

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Evidence of Guaranteed Obligations. Each Lender’s 's and the Administrative Agent’s 's books and records showing the Guaranteed Obligations shall be admissible in any action or proceeding, shall be binding upon the each Guarantor for the purpose of establishing the Guaranteed Obligations due from any Subsidiary Borrower the Borrowers and shall constitute prima facie proof, absent manifest error, of the Guaranteed Obligations of each Subsidiary Borrower the Borrowers to such Lender or the Administrative Agent, as well as the obligations of the each Guarantor to such Lender or the Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (Diebold Inc)

Evidence of Guaranteed Obligations. Each Lender’s and Agent’s books and records showing the Guaranteed Obligations shall be admissible in any action or proceeding, shall be binding upon the Guarantor for the purpose of establishing the Guaranteed Obligations due from any Subsidiary Borrower and shall constitute prima facie proof, absent manifest error, of the Guaranteed Obligations of each Subsidiary Borrower to such Lender or Agent, as well as the obligations of the Guarantor to such Lender or Agent. SECTION 7.

Appears in 1 contract

Samples: Credit Agreement (Miller Herman Inc)

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