Loan Statements. From time to time, the Bank may render statements to the Borrower showing the balance of all outstanding Loans and any other charges owing to the Bank. Such statements shall be deemed correct and agreed upon by the Borrower unless the Borrower notifies the Bank in writing of any discrepancy within the lesser of fifteen (15) days of the mailing of such statement or ten (10) days of such statements receipt by the Borrower.
Loan Statements. We provide you with a loan statement on the anniversary of this agreement starting, and when your loan account is closed. You can request an interim or duplicate loan statement, free of charge, at any time throughout the duration of this agreement. You also have the right to request, free of charge and at any time throughout the duration of this agreement, a statement of your loan account which shows the due date and amount of all future monthly payments you owe us under this agreement. This statement will also show the amount of interest which is due to be charged each month and, if applicable, any other outstanding fees or charges you owe us. To request any of the above statements get in touch using the details in the Contact Us section.
Loan Statements. All advances by the Lender to or for the benefit of the Borrower pursuant to this Agreement shall be charged to the loan account or accounts opened in the Borrower's name on the Lender's books. The Lender will periodically render to the Borrower statements of such loan account or accounts, which shall, to the extent permitted by applicable law, constitute prima facie evidence of the existence and amounts of the outstanding Loans; PROVIDED, HOWEVER, the failure of the Lender to render any such statement to the Borrower, or any error therein, shall not in any manner affect the obligation of the Borrower to repay (with applicable interest) all of the Loans, in accordance with the terms and conditions of this Agreement and the other Financing Documents.
Loan Statements. All advances to or for the benefit of any Borrower --------------- pursuant to this Agreement shall be charged to the loan account or accounts opened in such Borrower's name on the Lender's books. The Lender periodically shall render to BBI statements of such loan account or accounts, setting forth the daily loan balance and total accrued interest during the subject period, which, when so rendered, shall be considered prima facie evidence of the correctness thereof except to the extent that the Lender receives written notice of any exceptions proposed by BBI within a reasonable time, but in no event later than one hundred twenty (120) days from the date of such statement. If for any reason, any Borrower has not paid interest charges and/or any fees for services, expenses incurred or other charges owed to the Lender by such Borrower, the Lender, at its option and discretion, may at any time or times debit such charges, expenses, and fees to such Borrower's loan account and such amounts shall be added to the principal amount thereof, or the Lender may debit such interest, charges and fees, and any other unpaid Obligations then due, to any deposit or other account of such Borrower at the Lender. Such debits shall not constitute a waiver of any Event of Default. Any item received in payment towards any Borrower's outstanding Indebtedness which requires clearance or payment shall not be considered to have been credited until final clearance and final payment.
Loan Statements. Lender shall provide monthly invoices to Borrower and, upon request, Lender will provide detailed loan advance amounts accrued; interest owed by month; and the remaining balance held in reserve after expenses and interest payments are applied.
