Loan Accounts definition

Loan Accounts means the loan accounts established on the books of the Administrative Agent.

Loan Accounts shall have the meanings ascribed thereto in Section 4.5.

Loan Accounts has the meaning set forth in Section 2.5.

Examples of Loan Accounts in a sentence

• In addition to the Loan Accounts, each Lender and the Administrative Agent shall maintain in accordance with its usual practice accounts or records evidencing the purchases and sales by such Lender of participations in Letters of Credit and Swing Line Loans.

• The Loan Accounts shall be conclusive absent manifest error as to the matters noted therein.

• The Administrative Agent shall, within 15 days following the last day of each calendar quarter (each such period being a “Report Period”), furnish to the Borrowers a written account with respect to all amounts outstanding under the Loan Accounts as at the last day of such Report Period, including an accounting setting forth, for such Report Period the amounts of principal, interest and other sums paid and payable hereunder.

• Entries made in the Loan Accounts shall constitute presumptive evidence of the information contained therein.

• Each Borrower expects to derive benefit, directly or indirectly, from the handling of the Loan Accounts and the Collateral in a combined fashion since the successful operation of each Borrower is dependent on the continued successful performance of the integrated group.

More Definitions of Loan Accounts

Loan Accounts means one or more loan accounts maintained by Administrative Agent for Borrower in the ordinary course of business, and each, a “Loan Account.”

Loan Accounts. The entries made in the accounts maintained by each Bank in accordance with its usual practice shall be prima facie evidence of the existence and amounts of the obligations of the Borrower recorded in them.

Loan Accounts has the meaning set forth in Section 2.10.

Loan Accounts is defined in Section 2.1.4.

Loan Accounts means the Accounts controlled by Lender established after an occurrence of an Event of Default, any Account controlled by Lender in which Borrower has deposited funds (e.g., Interest Reserve Account) and any other securities or deposit Accounts required to be maintained pursuant to this Agreement or the other Loan Documents.

Loan Accounts has the meaning specified therefor in Section 2.9 of the Agreement.

Loan Accounts means each of the Revolving Loan Accounts, the Money Market Loan Accounts and the Swingline Loan Account.