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Common use of Lenders’ Evidence of Debt Clause in Contracts

Lenders’ Evidence of Debt. Each Lender shall maintain in accordance with its usual practice an account or accounts evidencing the Obligations of each of the Borrowers to such Lender, including the amounts of the Loans made by it to each Borrower and each repayment and prepayment in respect thereof. Any such recordation shall be conclusive and binding on the relevant Borrowers, absent manifest error; provided that the failure to make any such recordation, or any error in such recordation, shall not affect any Lender’s Commitments or the Obligations of each Borrower in respect of any applicable Loans, L/C Borrowings or any other Obligations; provided, further, in the event of any inconsistency between the Register and any Lender’s records, the recordations in the Register shall govern.

Appears in 2 contracts

Samples: Amendment and Restatement Agreement (Compass Minerals International Inc), Credit Agreement (Compass Minerals International Inc)

Lenders’ Evidence of Debt. Each Lender shall maintain in accordance with on its usual practice internal records an account or accounts evidencing the Obligations of each of the Borrowers Borrower to such Lender, including the amounts of the Loans made by it to each Borrower and each repayment and prepayment in respect thereof. Any such recordation shall be conclusive and binding on the relevant BorrowersBorrower, absent manifest error; provided provided, that the failure to make any such recordation, or any error in such recordation, shall not affect any Lender’s Commitments Revolving Commitments, or the amount of the outstanding principal amount of any Loans or the Borrower’s Obligations of each Borrower in respect of any applicable Loans, L/C Borrowings or any other Obligations; provided, and provided further, in the event of any inconsistency between the Register and any Lender’s records, the recordations in the Register shall governgovern absent manifest error.

Appears in 2 contracts

Samples: Fifth Amended and Restated Credit Agreement (CURO Group Holdings Corp.), Credit Agreement (CURO Group Holdings Corp.)

Lenders’ Evidence of Debt. Each Lender shall maintain in accordance with on its usual practice internal records an account or accounts evidencing the Obligations of each of the Borrowers Borrower to such Lender, including the amounts of the Loans made by it to each Borrower and each repayment and prepayment in respect thereof. Any Subject to the entries in the Register (which shall be controlling), any such recordation shall be conclusive and binding on the relevant BorrowersBorrower, absent manifest error; provided provided, that the failure to make any such recordation, or any error in such recordation, shall not affect any Lender’s Revolving Commitments or the Borrower’ Obligations of each Borrower in respect of any applicable Loans, L/C Borrowings or any other Obligations; provided, and provided further, in the event of any inconsistency between the Register and any Lender’s records, the recordations in the Register shall govern.

Appears in 1 contract

Samples: Credit Agreement (Northstar Realty Finance Corp.)

Lenders’ Evidence of Debt. Each Lender shall maintain in accordance with on its usual practice internal records an account or accounts evidencing the Obligations of each of the Borrowers Borrower to such Lender, 45 Credit and Guaranty Agreement including the amounts of the Loans made by it to each Borrower and each repayment and prepayment in respect thereof. Any Subject to the entries in the Register (which shall be controlling), any such recordation shall be conclusive and binding on the relevant BorrowersBorrower, absent manifest error; provided provided, that the failure to make any such recordation, or any error in such recordation, shall not affect any Lender’s Revolving Commitments or the Borrower’ Obligations of each Borrower in respect of any applicable Loans, L/C Borrowings or any other Obligations; provided, and provided further, in the event of any inconsistency between the Register and any Lender’s records, the recordations in the Register shall govern.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Northstar Realty Finance Corp.)

Lenders’ Evidence of Debt. Each Lender shall maintain in accordance with on its usual practice internal records an account or accounts evidencing the Obligations Indebtedness of each of the Borrowers Borrower to such Lender, including the amounts of the Loans made by it to each Borrower and each repayment and prepayment in respect thereof. Any such recordation shall be conclusive and binding on the relevant BorrowersBorrower, absent manifest error; provided that the provided, failure to make any such recordation, or any error in such recordation, shall not affect any Lender’s Commitments 's Overadvance Loan Commitment, Revolving Credit Commitments, or the Term Loans or any of Borrower's Obligations of each Borrower in respect of any applicable Loans, L/C Borrowings or any other Obligations; and provided, further, in the event of any inconsistency between the Register and any Lender’s 's records, the recordations in the Register shall govern.

Appears in 1 contract

Samples: Credit Agreement (Scan Optics Inc)