Common use of Recordation by Bank Clause in Contracts

Recordation by Bank. Bank is hereby authorized to record the Loan Date, the applicable Interest Period, the principal amount, and the interest rate of each Libor Loan made (or continued or converted) by Bank, and the date and amount of each payment or prepayment of principal thereof, in Bank's records. Any such recordation shall constitute PRIMA FACIE evidence of the accuracy of the information recorded; PROVIDED that the failure to make any such recordation shall not in any way affect the Borrower's obligations hereunder.

Appears in 2 contracts

Samples: Credit Agreement (Omp Inc), Promissory Note (Coastcast Corp)

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Recordation by Bank. Bank is hereby authorized to record the Loan Date, the applicable Interest Period, the principal amount, and the interest rate of each Libor Loan made (or continued or converted) by Bank, and the date and amount of each payment or prepayment of principal thereof, in Bank's records. Any such recordation shall constitute PRIMA FACIE prima facie evidence of the accuracy of the information recorded; PROVIDED provided that the failure to make any such recordation shall not in any way affect the Borrower's obligations hereunder.

Appears in 2 contracts

Samples: Security and Loan Agreement (Myers Steven & Associates Inc), Credit Agreement (Tekelec)

Recordation by Bank. Bank is hereby authorized to record the Loan Date, the applicable Interest Period, the principal amount, and the interest rate of each Libor Loan made (or continued or converted) by Bank, and the date and amount of each payment or prepayment of principal thereof, in Bank's Bank records. Any such recordation shall constitute PRIMA FACIE prima facie evidence of the accuracy of the information recorded; PROVIDED provided that the failure to make any such recordation shall not in any way affect the Borrower's obligations hereunder.

Appears in 1 contract

Samples: Credit Agreement (Micro General Corp)

Recordation by Bank. Bank is hereby authorized to record the Loan Date, the applicable Interest Period, the principal amount, and the interest rate of or each Libor Loan made (or continued or converted) by Bank, and the date and amount of each payment or prepayment of principal thereof, in Bank's records. Any such recordation shall constitute PRIMA FACIE prima facie evidence of the accuracy of the information recorded; PROVIDED provided that the failure to make any such recordation shall not in any way affect the Borrower's obligations hereunder.

Appears in 1 contract

Samples: Credit Agreement (Tekelec)

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Recordation by Bank. Bank is hereby authorized to record the Loan Date, the applicable Interest Period, the principal amount, and the interest rate of each Libor Fixed Rate Loan made (or continued or converted) by Bank, and the date and amount of each payment or prepayment of principal thereof, in Bank's records. Any such recordation shall constitute PRIMA FACIE prima facie evidence of the accuracy of the information recorded; PROVIDED provided that the failure to make any such recordation shall not in any way affect the Borrower's obligations hereunder.

Appears in 1 contract

Samples: Loan Agreement (Diamond Multimedia Systems Inc)

Recordation by Bank. Bank is hereby authorized to record the Loan Date, the applicable Interest Period, the principal amount, and the interest rate of each Libor Loan made (or continued or converted) by Bank, and the date and amount of each payment or prepayment of or principal thereof, in Bank's records. Any such recordation shall constitute PRIMA FACIE evidence of the accuracy of the information recorded; PROVIDED that the failure to make any such recordation shall not in any way affect the Borrower's obligations hereunder.

Appears in 1 contract

Samples: Credit Agreement (Go2net Inc)

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