Common use of Notes; Loan Accounts Clause in Contracts

Notes; Loan Accounts. (a) The Loans made by each Bank shall be evidenced by one or more loan accounts or records maintained by such Bank in the ordinary course of business. The loan accounts or records maintained by Administrative Agent and each Bank shall be conclusive evidence, absent manifest error, of the amount of the Loans made by Banks to Company and the interest and payments thereon. Any failure so to record or any error in doing so shall not, however, limit or otherwise affect the obligation of Company hereunder to pay any amount owing with respect to the Loans. (b) Upon the request of any Bank made through Administrative Agent, the Loans made by such Bank may be evidenced by one or more notes, as applicable ("Notes"), instead of or in addition to loan accounts. Each such Note shall be ----- in the form of Exhibit III. Each such Bank shall endorse on the schedules ----------- annexed to its Note the date, amount, and maturity of each Loan made by it and the amount of each payment of principal made by Company with respect thereto. Each such Bank is irrevocably authorized by Company to endorse its Note and each Bank's record shall be conclusive absent manifest error; provided, however, that -------- ------- the failure of a Bank to make, or an error in making, a notation thereon with respect to any Loan shall not limit or otherwise affect the obligations of Company hereunder or under any such Note to such Bank.

Appears in 1 contract

Samples: Credit Agreement (Levi Strauss & Co)

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Notes; Loan Accounts. (a) The Loans made by each Bank requesting a Note shall be evidenced by a Note payable to the order of that Bank in an amount equal to its Commitment. Each Bank requesting a Note shall endorse on the schedules annexed to its Note, the date, amount and maturity of each Loan made by it and the date and amount of each payment of principal and interest made by the Companies with respect thereto. Each Bank requesting a Note is irrevocably authorized by each of the Companies to make such endorsements on its Note. (b) The Loans made by each Bank not requesting a Note shall be evidenced by one or more loan accounts or records maintained by such Bank in the ordinary course of business. (c) The Agent shall maintain loan accounts evidencing the date, amount, and maturity of each Loan made by the Banks to the Companies and the date and amount of each payment of principal or interest made by the Companies through the Agent with respect thereto. The Notes and the loan accounts or records maintained by Administrative the Agent and each Bank the Banks not requiring a Note shall be conclusive evidence, absent manifest error, evidence of the amount of the Loans made by the Banks to Company the Companies and the interest and payments thereon. Any failure so to record on any Note or any loan account or any error in doing so shall not, however, limit limit, increase, or otherwise affect the obligation of Company the Companies hereunder (and under any Note) to pay any amount owing with respect to the Loans. (b) Upon the request of any Bank made through Administrative Agent, the Loans made by such Bank may be evidenced by one or more notes, as applicable ("Notes"), instead of or in addition to loan accounts. Each such Note shall be ----- in the form of Exhibit III. Each such Bank shall endorse on the schedules ----------- annexed to its Note the date, amount, and maturity of each Loan made by it and the amount of each payment of principal made by Company with respect thereto. Each such Bank is irrevocably authorized by Company to endorse its Note and each Bank's record shall be conclusive absent manifest error; provided, however, that -------- ------- the failure of a Bank to make, or an error in making, a notation thereon with respect to any Loan shall not limit or otherwise affect the obligations of Company hereunder or under any such Note to such Bank.

Appears in 1 contract

Samples: Credit Agreement (Strauss Levi Associates Inc)

Notes; Loan Accounts. (a) The Loans made by each Bank shall be evidenced by one or more loan accounts or records maintained by such Bank in the ordinary course of business. The loan accounts or records maintained by Administrative the Agent and each Bank shall be conclusive evidence, absent manifest error, presumptive evidence of the amount of the Loans made by the Banks to the Company and the interest and payments thereon. 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. (b) Upon The Company shall issue to each Bank a note in the request form of any Exhibit E (a "Note") to evidence such Bank's Loans (or, in the case of Swing Line Loans, in the form of Exhibit D). Each Bank made through Administrative Agent, the Loans made by such Bank may be evidenced by one or more notes, as applicable ("Notes")may, instead of or in addition to maintaining a loan accounts. Each such Note shall be ----- in the form of Exhibit III. Each such Bank shall account, endorse on the schedules ----------- annexed to its Note the date, amount, amount and maturity of each Loan made by it and the amount of each payment of principal made by the Company with respect thereto. Each such Bank is irrevocably authorized by the Company to endorse its Note Note(s) or Swing Line Notes, as applicable, and each Bank's record shall be conclusive absent manifest error; provided, however, that -------- ------- the failure of a Bank to make, or an error in making, a notation thereon with respect to any Loan shall not limit or otherwise affect the obligations of the Company hereunder or under any such Note or Swing Line Note to such Bank.

Appears in 1 contract

Samples: Credit Agreement (Safeco Corp)

Notes; Loan Accounts. (a) The Loans made by each Bank shall be evidenced by one or more loan accounts or records maintained by such Bank in the ordinary course of business. The loan accounts or records maintained by Administrative Agent and each Bank shall be conclusive evidence, absent manifest error, of the amount of the Loans made by Banks to Company and the interest and payments thereon. Any failure so to record or any error in doing so shall not, however, limit or otherwise affect the obligation of Company hereunder to pay any amount owing with respect to the Loans. (b) Upon the request of any Bank made through Administrative Agent, the Loans made by such Bank may be evidenced by one or more notes, as applicable ("Notes"), instead of or in addition to loan accounts. Each such Note shall be ----- in the form of Exhibit IIIII. Each such Bank shall endorse on the schedules ----------- annexed ---------- to its Note the date, amount, and maturity of each Loan made by it and the amount of each payment of principal made by Company with respect thereto. Each such Bank is irrevocably authorized by Company to endorse its Note and each Bank's record shall be conclusive absent manifest error; provided, however, that -------- ------- the failure of a Bank to make, or an error in making, a notation thereon with respect to any Loan shall not limit or otherwise affect the obligations of Company hereunder or under any such Note to such Bank.

Appears in 1 contract

Samples: Credit Agreement (Levi Strauss & Co)

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Notes; Loan Accounts. (a) The Loans made by each Bank shall be evidenced by one or more loan accounts or records maintained by such Bank in the ordinary course of business. The loan accounts or records maintained by Administrative Agent and each Bank shall be conclusive evidence, absent manifest error, of the amount of the Loans made by Banks to Company and the interest and payments thereon. Any failure so to record or any error in doing so shall not, however, limit or otherwise affect the obligation of Company hereunder to pay any amount owing with respect to the Loans. (b) Upon the request of any Bank made through Administrative Agent, the Loans made by such Bank may be evidenced by one or more notes, as applicable ("Notes"), instead of or in addition to loan accounts. Each such Note shall be ----- in the form of Exhibit IIIIV. Each such Bank shall endorse on the schedules ----------- ---------- annexed to its Note the date, amount, and maturity of each Loan made by it and the amount of each payment of principal made by Company with respect thereto. Each such Bank is irrevocably authorized by Company to endorse its Note and each Bank's record shall be conclusive absent manifest error; provided, however, that -------- ------- the failure of a Bank to make, or an error in making, a notation thereon with respect to any Loan shall not limit or otherwise affect the obligations of Company hereunder or under any such Note to such Bank.

Appears in 1 contract

Samples: Bridge Credit Agreement (Levi Strauss & Co)

Notes; Loan Accounts. (a) The Loans made by each Bank shall be evidenced by one or more loan accounts or records maintained by such Bank in the ordinary course of business. The loan accounts or records maintained by Administrative Agent and each Bank shall be conclusive evidence, absent manifest error, of the amount of the Loans made by Banks to Company and the interest and payments thereon. Any failure so to record or any error in doing so shall not, however, limit or otherwise affect the obligation of Company hereunder to pay any amount owing with respect to the Loans. (b) Upon the request of any Bank made through Administrative Agent, the Loans made by such Bank may be evidenced by one or more notes, as applicable ("Notes"), instead of or in addition to loan accounts. Each such Note shall be ----- in the form of Exhibit IIIII. Each such Bank shall endorse on the schedules ----------- annexed to its Note ---------- the date, amount, and maturity of each Loan made by it and the amount of each payment of principal made by Company with respect thereto. Each such Bank is irrevocably authorized by Company to endorse its Note and each Bank's record shall be conclusive absent manifest error; provided, however, that the failure -------- ------- the failure of a Bank to make, or an error in making, a notation thereon with respect to any Loan shall not limit or otherwise affect the obligations of Company hereunder or under any such Note to such Bank.

Appears in 1 contract

Samples: 364 Day Credit Agreement (Levi Strauss & Co)

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