Common use of Maintenance of Loan Account; Statements of Account Clause in Contracts

Maintenance of Loan Account; Statements of Account. The Agent shall maintain an account on its books in the name of the Borrowers (the “Loan Account”) in which the Borrowers will be charged with all Revolving Credit Loans and Advances made by the Lenders to the Borrowers or for the Borrowers’ account, including the Revolving Credit Loans, interest, fees, Lender Group Expenses and any other Obligations. The Loan Account will be credited with all amounts received by the Lenders from the Borrowers or for the Borrowers’ account, including, as set forth in Section 2.7 below, all amounts received from any Lockbox Account or Blocked Account. The Lender shall send the Borrower Agent a monthly statement reflecting the activity in the Loan Account. Each such statement shall be an account stated and shall be final, conclusive and binding on the Borrowers, absent manifest error.

Maintenance of Loan Account; Statements of Account. The Agent shall maintain an account on its books in the name of the Borrowers Borrower (the “"Loan Account”") in which the Borrowers Borrower will be charged with all Revolving Credit Loans and Advances made by the Lenders each Lender to the Borrowers Borrower or for the Borrowers’ Borrower's account, including the Revolving Credit Loans, the Agent Loans, the CapEx Loans, interest, fees, Lender Group Expenses expenses and any other Obligations. The Loan Account will be credited with all amounts received by the Lenders Agent from the Borrowers Borrower or for the Borrowers’ Borrower's account, including, as set forth in Section 2.7 below, all amounts received from any Lockbox the Blocked Account or Blocked AccountBanks. The Lender Agent shall send the Borrower Agent a monthly statement reflecting the activity in the Loan Account. Each such statement shall be an account stated and shall be final, conclusive and binding on the BorrowersBorrower, absent manifest error.

Maintenance of Loan Account; Statements of Account. The Agent shall maintain an account on its books in the name of the Borrowers (the “Loan Account”) in which the Borrowers will be charged with all Revolving Credit Loans and Advances made by the Lenders to the Borrowers or for the Borrowers’ account, including the Revolving Credit Loans, interest, fees, Lender Group Expenses and any other Obligations. All amounts in the Loan Account shall be calculated in Dollars at the Dollar Equivalent on the Revaluation Date. The Loan Account will be credited with all amounts received by the Lenders from the Borrowers or for the Borrowers’ account, including, as set forth in Section 2.7 below, all amounts received from any Lockbox Account or Blocked Account. The Lender Agent shall send the Borrower Agent a monthly statement reflecting the activity in the Loan Account. Each such statement shall be an account stated and shall be final, conclusive and binding on the Borrowers, absent manifest error.

Maintenance of Loan Account; Statements of Account. The Agent shall maintain an account on its books in the name of the Borrowers (the “"Loan Account”") in which the Borrowers will be charged with all Revolving Credit Loans and Advances made by the Lenders to the Borrowers or for the Borrowers’ ' account, including the Revolving Credit Loans, interest, fees, Lender Group Expenses and any other Obligations. All amounts in the Loan Account shall be calculated in Dollars at the Dollar Equivalent on the Revaluation Date. The Loan Account will be credited with all amounts received by the Lenders from the Borrowers or for the Borrowers’ ' account, including, as set forth in Section 2.7 below, all amounts received from any Lockbox Account or Blocked Account. The Lender Agent shall send the Borrower Agent a monthly statement reflecting the activity in the Loan Account. Each such statement shall be an account stated and shall be final, conclusive and binding on the Borrowers, absent manifest error.