Processing Notes Receivable Sample Clauses

Processing Notes Receivable. 1. At the time the note is received, it is entered into SAP as a notes receivable. 2. All notes and originals of loan agreements will be kept in a safe; however, a copy of the loan agreement should be in the case file to follow up for compliance with covenants and payments of principal and interest. 3. It shall be the responsibility of the Manager to see that the provisions on all notes are being observed.