Proof of debt. The valid document of mortgaged property with collateral is subject to accounting document that issued and recorded by the pledgee, who formulated it by himself.
Proof of debt. This Agreement provides the proof, between CIBC and you, of the credit made available to you. There may be times when the type of Credit you have requires you to sign additional documents. Throughout the time that we provide you credit under this Agreement, our loan accounting records will provide complete proof of all terms and conditions of your credit (such as principal loan balances, interest calculations, and payment dates).
Proof of debt. 8.1 If the Customer becomes bankrupt or insolvent or if the Customer is wound-up or liquidated, You may file proof of debt in the bankruptcy, insolvency, winding-up or liquidation of the Customer for the whole amount of the moneys and liabilities owing to You by the Customer; specifically, You may exclude Our rights to be subrogated to You in respect of any payments which We may have made to You under this Guarantee and any money whatsoever received by You as a result of Your proof of debt in the bankruptcy, insolvency, winding-up or liquidation of the Customer will not be treated as having been received under this Guarantee or to reduce Our liability to You under this Guarantee in any way.
Proof of debt. The Subordinated Lender hereby undertakes with the Bank that it will file its proof of debt in respect of the Subordinated Indebtedness in any winding-up of the Borrower and hereby irrevocably authorises and empowers the Bank to file any proof of debt on its behalf (but the Bank shall not be obliged to do so) and all moneys received by the Bank in respect of the Subordinated Indebtedness shall be applied by the Bank in accordance with the provisions of Clause 3.
Proof of debt. According to its regular business operation regulations, the Creditor shall maintain accounts related to the business activities referred in this Agreement on its accounting books to show the loan amount from the Creditor. The Borrower acknowledges the effective proof of the debt under this Agreement shall be subject to what the Creditor issued and recorded in accounting documents under the provisions of its business.
Proof of debt. The valid proof of debt guarantee by the guarantor shall be the accounting certificate issued and documented according to the creditor’s business regulation.
Proof of debt. Factoring Bank maintains a set of accounting accounts and vouchers and data related to the business activities covered by this Agreement on its accounting books and its factoring systems in accordance with its consistent business operating standards to prove the financing payments and interest of Factoring Bank, record buyer’s payments, etc. The valid certificate of the customer’s recognition of the financing creditor’s rights under this Agreement shall be the accounting certificate or other valid proof material issued and recorded by the factoring bank in accordance with its own business regulations.
Proof of debt. Any debt secured by the collateral shall be evidenced by the accounting documents issued and recorded by the Pledgee according to its business requirements, which will be regarded as valid proof for such debt.
Proof of debt. Any books and records made and to be made by BCA shall constitute the full and complete evidence of the Debt and the evidence shall bind the DEBTOR, unless it may be proven otherwise.
Proof of debt. The proofs of debt guaranteed by the gage are subject to the accounting documents issued by the mortgagee in accordance with its own business provision.
