Term Loan Account. The Bank shall maintain on its books a record of account in which the Bank shall make entries setting forth all payments made, the application of such payments to interest and principal, accrued but unpaid interest, if any, and the outstanding principal balance under the Term Loan (the "Term Loan Account"). Any statement of the Term Loan Account provided to Borrower shall be considered to be correct and conclusively binding on the Borrower unless the Bank is notified by the Borrower to the contrary within thirty (30) days after the Borrower's receipt of any such statement which is deemed to be incorrect.
Appears in 5 contracts
Samples: Credit Agreement (Scheid Vineyards Inc), Credit Agreement (Scheid Vineyards Inc), Credit Agreement (Scheid Vineyards Inc)
