Common use of Scheduling of Payments Clause in Contracts

Scheduling of Payments. The Borrower authorizes the Administrative Agent to record the date and amount of the Loans made by each Lender and of each repayment or prepayment of principal thereunder, and the Borrower agrees that all such notations shall constitute prima facie evidence of the matters noted in the absence of manifest error. No failure to make any such notations, nor any errors in making any such notations, shall affect the validity of the Borrower’s obligations to repay the full unpaid principal amount of the Loan.