Common use of Liability Records Clause in Contracts

Liability Records. The Lender may maintain from time to time, at its discretion, liability records as to the Obligations. All entries made on any such record shall be presumed correct absent manifest error or unless the Borrower establishes the contrary. Upon the Lender’s demand, the Borrower will admit and certify in writing the exact principal balance of the Obligations that the Borrower then asserts to be outstanding. Any billing statement or accounting rendered by the Lender shall be conclusive and fully binding on the Borrower unless the Borrower gives the Lender specific written notice of exception within 30 days after receipt absent manifest error.

Liability Records. The Lender may maintain from time to ----------------- time, at its discretion, liability records as to the Obligations. All entries made on any such record shall be presumed correct absent manifest error or unless the Borrower establishes the contrary. Upon the Lender’s 's demand, the Borrower will admit and certify in writing the exact principal balance of the Obligations that the Borrower then asserts to be outstanding. Any billing statement or accounting rendered by the Lender shall be conclusive and fully binding on the Borrower unless the Borrower gives the Lender specific written notice of exception within 30 days after receipt absent manifest error.

Liability Records. The Lender may maintain from time to time, at its discretion, liability records as to the ObligationsIndebtedness. All entries made on any such record shall be presumed correct absent manifest error or unless until the Borrower establishes the contrary. Upon the Lender’s demand, the Borrower will admit and certify in writing the exact principal balance of the Obligations Indebtedness that the Borrower then asserts to be outstanding. Any billing statement or accounting rendered by the Lender shall be conclusive (absent manifest error) and fully binding on the Borrower unless the Borrower gives the Lender specific written notice of exception within 30 days after receipt absent manifest errorof such statement or accounting by Borrower.