Common use of Notes; Loan Accounts Clause in Contracts

Notes; Loan Accounts. (a) Each Loan made by each Lender shall be evidenced by one or more loan accounts or records maintained by such Lender and by the Agent in the ordinary course of business. The loan accounts or records maintained by the Agent and each Lender shall be conclusive evidence of the amount of the Loans made by the Lenders to the Company and the interest and payments thereon absent manifest error. Any failure so to record or any error in doing so shall not, however, limit or otherwise affect the obligation of the Company hereunder to pay any amount owing with respect to the Loans. In the event of any conflict between the accounts and records maintained by any Lender and the accounts and records of the Agent in respect of such matters, the accounts and records of the Agent shall control in the absence of manifest error.

Appears in 6 contracts

Samples: Restatement Agreement (CNO Financial Group, Inc.), Credit Agreement (NMI Holdings, Inc.), Restatement Agreement (CNO Financial Group, Inc.)

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Notes; Loan Accounts. (a) Each Loan made by each Lender shall be evidenced by one or more loan accounts or records maintained by such Lender Xxxxxx and by the Agent in the ordinary course of business. The loan accounts or records maintained by the Agent and each Lender shall be conclusive evidence of the amount of the Loans made by the Lenders to the Company and the interest and payments thereon absent manifest error. Any failure so to record or any error in doing so shall not, however, limit or otherwise affect the obligation of the Company hereunder to pay any amount owing with respect to the Loans. In the event of any conflict between the accounts and records maintained by any Lender Xxxxxx and the accounts and records of the Agent in respect of such matters, the accounts and records of the Agent shall control in the absence of manifest error.

Appears in 4 contracts

Samples: Restatement Agreement (CNO Financial Group, Inc.), Restatement Agreement (CNO Financial Group, Inc.), Credit Agreement (NMI Holdings, Inc.)

Notes; Loan Accounts. (a) Each Loan made by each Lender shall be evidenced by one or more loan accounts or records maintained by such Lender and by the Agent in the ordinary course of business. The loan accounts or records maintained by the Agent and each Lender shall be conclusive presumptive evidence of the amount of the Loans made by the Lenders to the Company and the interest and payments thereon absent manifest errorthereon. Any failure so to record or any error in doing so shall not, however, limit or otherwise affect the obligation of the Company hereunder to pay any amount owing with respect to the Loans. In the event of any conflict between the accounts and records maintained by any Lender and the accounts and records of the Agent in respect of such matters, the accounts and records of the Agent shall control in the absence of manifest error.

Appears in 3 contracts

Samples: Credit Agreement (CNO Financial Group, Inc.), Credit Agreement (Conseco Inc), Credit Agreement (Conseco Inc)

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Notes; Loan Accounts. (a) Each Term Loan made by each Lender shall be evidenced by one or more loan accounts or records maintained by such Lender and by the Agent in the ordinary course of business. The loan accounts or records maintained by the Agent and each Lender shall be conclusive presumptive evidence of the amount of the Term Loans made by the Lenders to the Company and the interest and payments thereon absent manifest errorthereon. Any failure so to record or any error in doing so shall not, however, limit or otherwise affect the obligation of the Company hereunder to pay any amount owing with respect to the Term Loans. In the event of any conflict between the accounts and records maintained by any Lender and the accounts and records of the Agent in respect of such matters, the accounts and records of the Agent shall control in the absence of manifest error.

Appears in 1 contract

Samples: Credit Agreement (Conseco Inc)

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