Common use of SWING LINE LOAN ACCOUNT Clause in Contracts

SWING LINE LOAN ACCOUNT. The Swing Line Lender will open and maintain a loan account (the "SWING LINE LOAN ACCOUNT") on its books in the name of each Borrower with respect to Swing Line Loans made to such Borrower. Each Swing Line Loan made by the Swing Line Lender will be debited, and each payment or prepayment on account thereof will be credited, to the Swing Line Loan Account; PROVIDED that the failure of the Swing Line Lender to record such amounts in the Swing Line Loan Account shall not affect the obligations of the Borrower hereunder with respect thereto. Each Swing Line Loan Account maintained with respect to a Borrower shall be considered, absent manifest error, PRIMA FACIE evidence of the matters noted therein.