Common use of Maintenance of Loan Accounts by Banks Clause in Contracts

Maintenance of Loan Accounts by Banks. Each Bank shall maintain in accordance with its usual practice an account or accounts evidencing the indebtedness of the Company to such Bank resulting from each Loan made by such Bank, including the amounts of principal and interest payable and paid to such Bank from time to time hereunder.

Appears in 3 contracts

Samples: Credit Agreement (Empire Resources Inc /New/), Credit Agreement (Empire Resources Inc /New/), Credit Agreement (Empire Resources Inc /New/)

AutoNDA by SimpleDocs

Maintenance of Loan Accounts by Banks. Each Bank shall maintain in accordance with its usual practice an account or accounts evidencing the indebtedness of the Company each Borrower to such Bank resulting from each Loan made by such BankBank to such Borrower, including the amounts of principal and interest payable and paid to such Bank by such Borrower from time to time hereunder.

Appears in 2 contracts

Samples: 364 Day Credit Agreement (Bowater Inc), Credit Agreement (Bowater Inc)

Maintenance of Loan Accounts by Banks. Each Bank shall maintain in accordance with its usual practice an account or accounts evidencing the indebtedness of the Company Borrower to such Bank resulting from each Loan made by such Bank, including the amounts of principal and interest payable and paid to such Bank from time to time hereunder.

Appears in 1 contract

Samples: Credit Agreement (Bowater Inc)

AutoNDA by SimpleDocs

Maintenance of Loan Accounts by Banks. Each Bank shall maintain in accordance with its usual practice an account or accounts evidencing the indebtedness of the Company Borrower to such Bank resulting from each Loan made by such BankBank to the Borrower, including the amounts of principal and interest payable and paid to such Bank by the Borrower from time to time hereunder.. Bridge Credit Agreement ----------------------- 19 -15-

Appears in 1 contract

Samples: Bridge Credit Agreement (Bowater Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!