Common use of Recording of payments Clause in Contracts

Recording of payments. Agent is authorized to record on a schedule or computer-generated statement the date and amount of each Advance and Swing Line Advance, all conversions between interest rate options, and all payments of principal and interest. All such schedules or statements shall constitute PRIMA FACIE evidence of the accuracy of the information so recorded.

Appears in 1 contract

Samples: Credit Agreement (Physio Control International Corp \De\)

AutoNDA by SimpleDocs

Recording of payments. Agent is authorized to record on a schedule or computer-generated statement the date and amount of each Advance and Swing Line Advance, all conversions between interest rate options, and all payments of principal and interest. All such schedules or statements shall constitute PRIMA FACIE prima facie evidence of the accuracy of the information so recorded, unless contested by Borrower.

Appears in 1 contract

Samples: Credit and Security Agreement (Source Capital Corp)

Recording of payments. Agent is authorized to record on a --------------------- schedule or computer-generated statement the date and amount of each Advance and Swing Line Advance, all conversions between interest rate options, options and all payments of principal and interest. All such schedules or statements shall constitute PRIMA FACIE prima facie evidence of the accuracy of the information so recorded.

Appears in 1 contract

Samples: Credit Agreement (Micron Electronics Inc)

AutoNDA by SimpleDocs

Recording of payments. Agent is authorized to record on a schedule or computer-generated statement the date and amount of each Advance and Swing Line Advance, all conversions between interest rate options, and all payments of principal and interest. All such schedules or statements shall constitute PRIMA FACIE prima facie evidence of the accuracy of the information so recorded.

Appears in 1 contract

Samples: Credit Agreement (Fisher Companies Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!