Common use of Statements of account conclusive Clause in Contracts

Statements of account conclusive. Any statement of account, signed as correct by an officer of the Security Agent, showing the amount of the Guaranteed Liabilities shall, in the absence of manifest error, be prima facie evidence against the Guarantor.

Appears in 3 contracts

Samples: Loan Agreement (Poseidon Containers Holdings Corp.), Supplemental Agreement (Diana Shipping Inc.), Loan Agreement (DryShips Inc.)

AutoNDA by SimpleDocs

Statements of account conclusive. Any statement of account, signed as correct by an officer of the Security Agent, showing the amount of the Guaranteed Liabilities shall, in the absence of manifest error, be prima facie evidence binding and conclusive on and against the Guarantor.

Appears in 2 contracts

Samples: Loan Agreement (Quintana Shipping Ltd.), Agreement (Quintana Shipping Ltd.)

Statements of account conclusive. Any statement of account, signed as correct by an officer of the Security Agent, showing the amount of the Guaranteed Liabilities shall, in the absence of manifest error, be prima facie conclusive evidence against the each Guarantor.

Appears in 2 contracts

Samples: Agreement (Paragon Shipping Inc.), Credit Agreement (DryShips Inc.)

Statements of account conclusive. Any statement of accountaccount of the Borrowers in reasonable detail, signed as correct by an officer of the Security AgentTrustee, showing the amount of the Guaranteed Liabilities shall, in the absence of manifest error, be prima facie evidence against the Guarantorthereof.

Appears in 2 contracts

Samples: Loan Agreement (Cordiant Communications Group PLC /Adr), Loan Agreement (Cordiant Communications Group PLC /Adr)

AutoNDA by SimpleDocs

Statements of account conclusive. Any statement of account, signed as correct by an officer of the Security Agent, showing the amount of the Guaranteed Liabilities shall, in the absence of manifest error, be prima facie evidence binding on and conclusive against the Guarantor.

Appears in 1 contract

Samples: Loan Agreement (Euronav NV)

Time is Money Join Law Insider Premium to draft better contracts faster.