Common use of Loans-General Clause in Contracts

Loans-General. (a) Loans shall be made in such currency and at the time and in the manner requested by the Borrower, subject to this Agreement and upon fulfilment of all conditions precedent to the making of such Loans. (b) No Loans need be made except on a Banking Day. (c) All Loans by the Lenders (other than Operating Facility Advances) and all payments by the Borrower hereunder (other than with respect to Operating Facility Advances) shall be made at the Agent's Designated Branch in immediately available freely transferable funds. The Borrower shall open and maintain the Borrower's Accounts (and, with respect to the Operating Facility Advances, accounts with the Operating Facility Lender) for the purpose of receiving Loans and making payments, repayments and prepayments under this Agreement. (d) The Agent shall open and maintain books of account evidencing all Syndicated Facility Advances and all other amounts owing by the Borrower to the Lenders hereunder (other than under the Operating Facility). The Operating Facility Lender shall open and maintain books of accounts evidencing the Operating Facility Advances and all other amounts owing with respect thereto. The Agent and the Operating Facility Lender, as applicable, shall enter in the foregoing books of accounts details of all applicable amounts from time to time owing, paid or repaid by the Borrower hereunder. The information entered in the foregoing books of accounts shall constitute prima facie evidence of the Loan Indebtedness owing from time to time by the Borrower to the Agent, the Lenders and the Operating Facility Lender hereunder.

Loans-General. (a) Loans shall be made in such currency and at the time and in the manner requested by the Borrower, subject to this Agreement and upon fulfilment of all conditions precedent to the making of such Loans. (b) No Loans need be made except on a Banking Day. (c) All Loans by the Lenders (other than Operating Facility Advances) and all payments by the Borrower hereunder (other than with respect to Operating Facility Advances) shall be made at the Agent's ’s Designated Branch in immediately available freely transferable funds. The Borrower shall open and maintain the Borrower's ’s Accounts (and, with respect to the Operating Facility Advances, accounts with the Operating Facility Lender) for the purpose of receiving Loans and making payments, repayments and prepayments under this Agreement. (d) The Agent shall open and maintain books of account evidencing all Syndicated Facility Advances and the Term Facility Advance and all other amounts owing by the Borrower to the Lenders hereunder (other than under the Operating Facility). The Operating Facility Lender shall open and maintain books of accounts evidencing the Operating Facility Advances and all other amounts owing with respect thereto. The Agent and the Operating Facility Lender, as applicable, shall enter in the foregoing books of accounts details of all applicable amounts from time to time owing, paid or repaid by the Borrower hereunder. The information entered in the foregoing books of accounts shall constitute prima facie evidence of the Loan Indebtedness owing from time to time by the Borrower to the Agent, the Lenders and the Operating Facility Lender hereunder.

Loans-General. (a) Loans shall be made in such currency and at the time and in the manner requested by the Borrower, subject to this Agreement and upon fulfilment of all conditions precedent to the making of such Loans. (b) No Loans need be made except on a Banking Day. (c) All Loans by the Lenders (other than Operating Facility Advances) and all payments by the Borrower hereunder (other than with respect to Operating Facility Advances) shall be made at the Agent's ’s Designated Branch in immediately available freely transferable funds. The Borrower shall open and maintain the Borrower's ’s Accounts (and, with respect to the Operating Facility Advances, accounts with the Operating Facility Lender) for the purpose of receiving Loans and making payments, repayments and prepayments under this Agreement. (d) The Agent shall open and maintain books of account evidencing all Syndicated Facility Advances and all other amounts owing by the Borrower to the Lenders hereunder (other than under the Operating Facility). The Operating Facility Lender shall open and maintain books of accounts evidencing the Operating Facility Advances and all other amounts owing with respect thereto. The Agent and the Operating Facility Lender, as applicable, shall enter in the foregoing books of accounts details of all applicable amounts from time to time owing, paid or repaid by the Borrower hereunder. The information entered in the foregoing books of accounts shall constitute prima facie evidence of the Loan Indebtedness owing from time to time by the Borrower to the Agent, the Lenders and the Operating Facility Lender hereunder.