Common use of Loan Account; Method of Making Payments Clause in Contracts

Loan Account; Method of Making Payments. Bank shall maintain a Loan Account on its books in which shall be recorded: (i) all Loans made by Bank to Borrower pursuant to this Agreement; (ii) all payments made by Borrower on all Loans; and (iii) all other appropriate debits and credits as provided in this Agreement, including, without limitation, all fees, charges, expenses and interest. All entries in the Loan Account shall be made in accordance with Bank's customary accounting practices, in effect from time to time. The failure of Bank to record any of the foregoing shall not in any way limit Borrower's obligations under this Agreement.

Appears in 4 contracts

Samples: Loan Agreement (Firstcity Financial Corp), Loan Agreement (SPSS Inc), Loan Agreement (SPSS Inc)

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Loan Account; Method of Making Payments. Bank Agent shall maintain a Loan Account on its books in which shall be recorded: (i) all Loans made by Bank Lenders to Borrower pursuant to this Agreement; (ii) all payments made by Borrower on all Loans; and (iii) all other appropriate debits and credits as provided in this Agreement, including, without limitation, all fees, charges, expenses and interest. All entries in the Loan Account shall be made in accordance with BankAgent's customary accounting practices, in effect from time to time. The failure of Bank Agent to record any of the foregoing shall not in any way limit Borrower's obligations Liabilities or Borrower's Obligations under this Agreement.

Appears in 1 contract

Samples: Loan Agreement (Firstcity Financial Corp)

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Loan Account; Method of Making Payments. Bank shall maintain a Loan Account on its books in which shall be recorded: (i) all Loans made by Bank to Borrower pursuant to this Agreement; , (ii) all payments made by Borrower on all Loans; , and (iii) all other appropriate debits and credits as provided in this Agreement, including, without limitation, all fees, charges, expenses and interest. All entries in the Loan Account shall be made in accordance with Bank's customary accounting practices, in effect from time to time. The failure of Bank to record any of the foregoing shall not in any way limit Borrower's obligations under this Agreement.

Appears in 1 contract

Samples: Loan Agreement (Firstcity Financial Corp)

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