ACCOUNTING OF THE FUND. For the purposes of the Agreement, the Fund shall maintain the corresponding account in its books to record the amounts owed by the Borrower, in the name thereof, in accordance with the internal accounting of the Fund, such that the sum total of the balance of said account shall represent the amount owed by the Borrower to the Fund at any given time, this being accepted by the Parties. To the extent that this accounting record may also be opened and administered by SEPI for the benefit of the Fund, in exercising the inherent powers assigned to SEPI under the regulations governing the Fund, both SEPI and the Fund Administrative Board shall be entitled to certify the balance of said account for the relevant purposes, including, without being confined to, the relevant recovery actions during the voluntary payment period.
