Common use of Evidence of Revolving Loan Obligations Clause in Contracts

Evidence of Revolving Loan Obligations. Each Revolving Advance -------------------------------------- shall be evidenced by this Agreement, the Revolving Note with respect thereto, and notations made from time to time by Agent in its books and records, including computer records. Agent shall record in its books and records, including computer records, the principal amount of the Revolving Loan owing to each Lender from time to time. Agent's books and records shall constitute presumptive evidence, absent manifest error, of the accuracy of the information contained therein. Failure by Agent to make any such notation or record shall not affect the obligations of Borrower[s] to Lenders with respect to the Revolving Loans.

Appears in 2 contracts

Samples: Loan and Security Agreement (Tower Air Inc), Loan and Security Agreement (Tower Air Inc)

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Evidence of Revolving Loan Obligations. Each Revolving Advance -------------------------------------- shall be evidenced by this Agreement, the Revolving Note with respect theretoNotes, and notations made from time to time by Collateral Agent in its books and records, including computer records. Collateral Agent shall record in its books and records, including computer records, the principal amount of the Revolving Loan owing to each Lender from time to time. Collateral Agent's books and records shall constitute presumptive evidence, absent manifest error, of the accuracy of the information contained therein. Failure by Collateral Agent to make any such notation or record shall not affect the obligations of Borrower[s] Borrower to Lenders with respect to the Revolving LoansLoan.

Appears in 1 contract

Samples: Loan and Security Agreement (Thorn Apple Valley Inc)

Evidence of Revolving Loan Obligations. Each Revolving Advance -------------------------------------- shall be evidenced by this Agreement, the Revolving Note with respect thereto, and notations made from time to time by the Agent in its books and records, including computer records. The Agent shall record in its books and records, including computer records, the principal amount of the Revolving Loan owing to each Lender from time to time. The Agent's ’s books and records shall constitute presumptive evidence, absent manifest error, of the accuracy of the information contained therein. Failure by the Agent to make any such notation or record shall not affect the obligations of Borrower[s] Borrower(s) to Lenders with respect to the Revolving Loans.

Appears in 1 contract

Samples: Credit and Security Agreement (Tower Air Inc)

Evidence of Revolving Loan Obligations. Each The advances ---------------------------------------- constituting the Revolving Advance -------------------------------------- Loan shall be evidenced by this Agreement, the Revolving Note with respect theretoNotes, and notations made from time to time by Agent in its books and records, including computer records. Agent shall record in its books and records, including computer records, the principal amount of the Revolving Loan Loans owing to each Lender from time to time. Agent's books and records shall constitute presumptive evidence, absent manifest error, of the accuracy of the information contained therein. Failure by Agent to make any such notation or record shall not affect the obligations of Borrower[s] Borrower to Lenders with respect to the Revolving Loans.

Appears in 1 contract

Samples: Loan and Security Agreement (Gradall Industries Inc)

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Evidence of Revolving Loan Obligations. Each Revolving Advance -------------------------------------- shall be evidenced by this Agreement, the Revolving Note with respect theretoNotes, and notations made from time to time by Administrative Agent in its books and records, including computer records. Administrative Agent shall record in its books and records, including computer records, the principal amount of the Revolving Loan owing to each Lender from time to time. Administrative Agent's books and records shall constitute presumptive evidence, absent manifest error, of the accuracy of the information contained therein. Failure by Administrative Agent to make any such notation or record shall not affect the obligations of Borrower[s] Borrowers to Lenders with respect to the Revolving LoansLoan.

Appears in 1 contract

Samples: Loan and Security Agreement (Comforce Operating Co)

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