Loan Account. The Bank agrees to maintain a control account showing the Loan and other sums owing by the Borrowers under the Security Documents and all payments in respect thereof being made from time to time. The control account shall, in the absence of manifest error, be conclusive as to the amount from time to time owing by the Borrowers under the Security Documents.
Appears in 10 contracts
Samples: Facility Agreement, Facility Agreement, Facility Agreement (Navios Maritime Holdings Inc.)
Loan Account. The Bank Lender agrees to maintain a control account showing the Loan and other sums owing by the Borrowers Borrower under the Security Loan Documents and all payments in respect thereof being made from time to time. The control account shall, in the absence of manifest error, absent prompt objection by the Borrower, be conclusive as to the amount from time to time owing by the Borrowers Borrower under the Security Loan Documents.
Appears in 6 contracts
Samples: Secured Loan Agreement (Navios Maritime Holdings Inc.), Loan Agreement (Navios Maritime Acquisition CORP), Secured Loan Agreement (Navios Maritime Holdings Inc.)
Loan Account. The Bank agrees to maintain a control account showing the Loan and other sums owing by the Borrowers Borrower under the Security Documents and all payments in respect thereof being made from time to time. The control account shall, in the absence of manifest error, be conclusive as to the amount from time to time owing by the Borrowers Borrower under the Security Documents.
Appears in 4 contracts
Samples: Loan Agreement (Navios Maritime Holdings Inc.), Facility Agreement (Navios Maritime Holdings Inc.), Facility Agreement (Navios Maritime Holdings Inc.)
Loan Account. The Bank Lender agrees to maintain a control account showing the Loan and other sums owing by the Borrowers Borrower under the Security Documents and all payments in respect thereof being made from time to time. The control account shall, in the absence of manifest error, be conclusive as to the amount from time to time owing by the Borrowers Borrower under the Security Documents.
Appears in 3 contracts
Samples: Facility Agreement, Facility Agreement (Navios Maritime Midstream Partners LP), Facility Agreement (Navios Maritime Midstream Partners LP)
Loan Account. The Bank Lender agrees to maintain a control account showing the Loan and other sums owing by the Borrowers Borrower under the Security Documents this Agreement and all payments in respect thereof being made from time to time. The control account shall, in the absence of manifest error, absent prompt objection by the Borrower, be conclusive as to the amount from time to time owing by the Borrowers Borrower under the Security Documentsthis Agreement.
Appears in 2 contracts
Samples: Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Acquisition Corp)
