Common use of Maintenance of Records by Lender Clause in Contracts

Maintenance of Records by Lender. Each Lender shall maintain in accordance with its usual practice an account or accounts evidencing the indebtedness of the Borrower to it and resulting from the Advances made by such Lender to the Borrower, from time to time, including the amounts of principal and interest thereon and paid to it, from time to time hereunder, provided that the failure of any Lender to maintain such accounts or any error therein shall not in any manner affect the obligation of the Borrower to repay the Advances in accordance with the terms of this Agreement.

Appears in 8 contracts

Samples: Credit and Security Agreement (Logan Ridge Finance Corp.), Credit and Security Agreement (Monroe Capital Income Plus Corp), Revolving Credit and Security Agreement (Monroe Capital Income Plus Corp)

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Maintenance of Records by Lender. Each The Lender shall maintain in accordance with its usual practice an account or accounts evidencing the indebtedness of the Borrower to it and the Lender resulting from the Advances each Loan made by such Lender to the Borrower, from time to timeLender, including the amounts of principal and interest thereon payable and paid to it, the Lender from time to time hereunder, provided that the failure of any Lender to maintain such accounts or any error therein shall not in any manner affect the obligation of the Borrower to repay the Advances in accordance with the terms of this Agreement.

Appears in 2 contracts

Samples: Working Capital Facility (Reliant Energy Inc), Assignment and Assumption (Reliant Energy Inc)

Maintenance of Records by Lender. Each Lender shall maintain in accordance with its usual practice an account or accounts evidencing the indebtedness of the Borrower to it and resulting from the Advances made by such Lender to the Borrower, from time to time, including the amounts of principal and interest thereon and paid to it, from time to time hereunder, provided that the failure of any Lender to maintain such accounts or any error therein shall not in any manner affect the obligation of the Borrower to repay the Advances in accordance with the terms of this Agreement.. (a)

Appears in 1 contract

Samples: Credit Agreement (Newtek Business Services Corp.)

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Maintenance of Records by Lender. Each The Lender shall maintain in accordance with its usual practice an account or accounts evidencing the indebtedness of the Borrower to it and the Lender resulting from the Advances each Loan made by such Lender the Lender, including the amount of each Loan made hereunder and Type thereof and the Interest Period applicable thereto, the amount of any principal or interest due and payable or to become due and payable from the Borrower to the Borrower, from time to time, including Lender hereunder and the amounts of principal and interest thereon and paid to it, the Lender from time to time hereunder, provided that the failure of any Lender to maintain such accounts or any error therein shall not in any manner affect the obligation of the Borrower to repay the Advances in accordance with the terms of this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Next Level Communications Inc)

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