Common use of Notation of Advance on Note Clause in Contracts

Notation of Advance on Note. Each Advance made by the Lenders to the Borrower may be evidenced by a notation of the same made by the Agent on the grid attached to the Note, which notation, absent manifest error, shall be prima facie evidence of the amount of the relevant Advance.

Appears in 2 contracts

Samples: Credit Facility Agreement (Seacor Smit Inc), Revolving Credit Facility Agreement (Seacor Smit Inc)

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Notation of Advance on Note. Each Advance Advance, or pro rata portion thereof, made by the Lenders a Lender to the Borrower may be evidenced by a notation of the same made by the Agent such Lender on the grid attached to the such Lender’s Note, which notation, absent manifest error, shall be prima facie evidence of the amount of the relevant Advance.

Appears in 2 contracts

Samples: Assignment and Assumption Agreement (Seacor Holdings Inc /New/), Assignment and Assumption Agreement (Seacor Holdings Inc /New/)

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