Common use of Loan Evidence Clause in Contracts

Loan Evidence. Loans made by Bank to Borrower pursuant to this Agreement may or may not (at Bank's sole and absolute discretion) be evidenced by notes or other instruments issued or made by Borrower to Bank. Where such loans are not so evidenced, such loans shall be evidenced solely by entries upon the ledgers, books, records and/or computer records of Bank maintained for that purpose, which entries shall be rebuttably presumptive evidence of such loans in the absence of manifest error.

Appears in 3 contracts

Samples: Loan Agreement (Taylor Capital Group Inc), Loan Agreement (Taylor Capital Group Inc), Loan Agreement (Taylor Capital Group Inc)

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Loan Evidence. Loans made by Bank to Borrower pursuant to this Agreement may or may not (at Bank's sole and absolute discretion) be evidenced after the date hereof by notes or other instruments issued or made by Borrower to Bank. Where such loans are not so evidenced, such loans shall be evidenced solely by entries upon the ledgers, books, records and/or computer records of Bank maintained for that purpose, which entries shall be rebuttably presumptive evidence of such loans in the absence of manifest error.

Appears in 2 contracts

Samples: Loan and Security Agreement (Heartland Technology Inc), Loan and Security Agreement (Sigmatron International Inc)

Loan Evidence. Loans The Revolving Loan made by Bank to Borrower pursuant to this Agreement may or may not (at Bank's sole and absolute discretion) be evidenced by notes or other instruments issued or made by Borrower to Bank. Where such loans are loan is not so evidenced, such loans loan shall be evidenced solely by entries upon the ledgers, books, records and/or computer records of Bank maintained for that purpose, which entries shall be rebuttably rebuttable presumptive evidence of such loans loan in the absence of manifest error.

Appears in 1 contract

Samples: Loan and Security Agreement (Aasche Transportation Services Inc)

Loan Evidence. Loans made by Bank the Lenders to Borrower Borrowers pursuant ------------- to this Agreement may or may not (at Bankeach Lender's sole and absolute discretion) be evidenced by notes or other instruments issued or made by Borrower Borrowers to Bankthe Lenders. Where such loans are not so evidenced, such loans shall be evidenced solely by entries upon the ledgers, books, records and/or computer records of Bank such Lender maintained for that purpose, which entries shall be rebuttably presumptive evidence of such loans in the absence of manifest error.

Appears in 1 contract

Samples: Loan Agreement (Kv Pharmaceutical Co /De/)

Loan Evidence. Loans made by Bank to Borrower Borrowers pursuant to this Agreement may or may not (at Bank's sole and absolute discretion) be evidenced by notes or other instruments issued or made by Borrower Borrowers to Bank. Where such loans are not so evidenced, such loans shall be evidenced solely by entries upon the ledgers, books, records and/or computer records of Bank maintained for that purpose, which entries shall be rebuttably presumptive evidence of such loans in the absence of manifest error.

Appears in 1 contract

Samples: Loan Agreement (Kv Pharmaceutical Co /De/)

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Loan Evidence. Loans made by Bank to Borrower Borrowers pursuant to this Agreement may or may not (at Bank's sole and absolute discretion) be evidenced after the date hereof by notes or other instruments issued or made by Borrower Borrowers to Bank. Where such loans are not so evidenced, such loans shall be evidenced solely by entries upon the ledgers, books, records and/or computer records of Bank maintained for that purpose, which entries shall be rebuttably presumptive evidence of such loans in the absence of manifest error.

Appears in 1 contract

Samples: Loan and Security Agreement (Paul Harris Stores Inc)

Loan Evidence. Loans made by Bank to Borrower Borrowers pursuant to this ------------- Agreement may or may not (at Bank's sole and absolute discretion) be evidenced by notes or other instruments issued or made by Borrower Borrowers to Bank. Where such loans are not so evidenced, such loans shall be evidenced solely by entries upon the ledgers, books, records and/or computer records of each Bank maintained for that purpose, which entries shall be rebuttably presumptive evidence of such loans in the absence of manifest error.

Appears in 1 contract

Samples: Loan and Security Agreement (Heartland Partners L P)

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