Common use of Maintenance of Records by the Lender Clause in Contracts

Maintenance of Records by the Lender. The Lender shall maintain ------------------------------------ in accordance with commercially reasonable practice records evidencing the indebtedness of the Borrower to the Lender resulting from the Loan in which it shall record (i) the amount of the Loan made hereunder, (ii) the amount of any principal or interest due and payable or to become due and payable from the Borrower hereunder and (iii) the amount of any sum received by the Lender hereunder.

Appears in 1 contract

Samples: Term Loan Agreement (Micrografx Inc)

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Maintenance of Records by the Lender. The Lender shall maintain ------------------------------------ in accordance with commercially reasonable its usual practice records evidencing the indebtedness of the Borrower to the Lender resulting from the Loan in which it shall record (i) Loan, including the amount amounts of the Loan made hereunder, (ii) the amount of any principal or and interest due payable and payable or paid to become due and payable from the Borrower hereunder and (iii) the amount of any sum received by the Lender from time to time hereunder.

Appears in 1 contract

Samples: Credit Agreement (Stellus Capital Investment Corp)

Maintenance of Records by the Lender. The Lender shall maintain ------------------------------------ in accordance with commercially reasonable practice records evidencing the indebtedness of the Borrower to the Lender resulting from the Loan in which it shall record (i) the amount of the Loan made hereunder, (ii) the amount of any principal or interest due and payable or to become due and payable from the Borrower hereunder and (iii) the amount of any sum received by the Lender hereunder.

Appears in 1 contract

Samples: Security and Assignment Agreement (Chase Preferred Capital Corp)

Maintenance of Records by the Lender. The Lender shall maintain ------------------------------------ maintain, in accordance with commercially reasonable practice practice, records evidencing the indebtedness of the Borrower to the Lender resulting from the Loan Loans in which it shall record (i) the amount of the each Loan made hereunder, (ii) the amount of any principal or interest due and payable or to become due and payable from the Borrower hereunder and (iii) the amount of any sum sums received by the Lender hereunderhereunder and the application of such sums against such indebtedness.

Appears in 1 contract

Samples: Term Loan Agreement (Softquad Software LTD)

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Maintenance of Records by the Lender. The Lender shall maintain ------------------------------------ in accordance with commercially reasonable its usual practice records evidencing the indebtedness of the Borrower to the Lender resulting from the each Loan in which it shall record (i) the amount of the each Loan made hereunder, (ii) the amount of any principal or interest due and payable or to become due and payable from the Borrower hereunder and (iii) the amount of any sum received by the Lender hereunder.

Appears in 1 contract

Samples: Credit Agreement (Ampex Corp /De/)

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