Common use of The Loan Account Clause in Contracts

The Loan Account. The Company shall maintain a loan account on its books in which shall be recorded all advances under the Loan (collectively, "Advances") made by Company to DEVELOPER pursuant to this Agreement, and all payments made by DEVELOPER with respect to the Loan; provided, however, that failure to maintain such account

Appears in 1 contract

Samples: Secured Loan Agreement (Einstein Noah Bagel Corp)

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