Common use of Effect of Loan Accounts, etc Clause in Contracts

Effect of Loan Accounts, etc. The entries made in the accounts maintained pursuant to section 2.5(d) and (e) shall be PRIMA FACIE evidence of the existence and amounts of payments and amounts of the obligations recorded therein; PROVIDED, that the failure of any Lender or the Administrative Agent to maintain such accounts or any error therein shall not in any manner affect the obligation of the Borrower to repay or prepay the Loans in accordance with the terms of this Agreement.

Appears in 2 contracts

Sources: Revolving Credit Agreement (Om Group Inc), Revolving Credit Agreement (Om Group Inc)

Effect of Loan Accounts, etc. The entries made in the accounts maintained pursuant to section 2.5(d2.6(d) and (e) shall be PRIMA FACIE evidence of the existence and amounts of payments and amounts of the obligations recorded therein; PROVIDED, that the failure of any Lender or the Administrative Agent to maintain such accounts or any error therein shall not in any manner affect the obligation of the Borrower Borrowers to repay or prepay the Loans in accordance with the terms of this Agreement.

Appears in 2 contracts

Sources: Master Construction Line of Credit Agreement (Alternative Living Services Inc), Credit Agreement (Brush Engineered Materials Inc)

Effect of Loan Accounts, etc. The entries made in the accounts maintained pursuant to section 2.5(d2.5(c) and (ed) shall be PRIMA FACIE evidence of the existence and amounts of payments and amounts of the obligations recorded therein; PROVIDED, that the failure of any Lender or the Administrative Agent to maintain such accounts or any error therein shall not in any manner affect the obligation of the Borrower to repay or prepay the Loans in accordance with the terms of this Agreement.

Appears in 1 contract

Sources: Credit Agreement (Royal Appliance Manufacturing Co)

Effect of Loan Accounts, etc. The entries made in the accounts maintained pursuant to section 2.5(d2.4(f) and (eg) shall be PRIMA FACIE evidence of the existence and amounts of payments and amounts of the obligations recorded therein; PROVIDED, PROVIDED that the failure of any Lender or the Administrative Agent to maintain such accounts or any error therein shall not in any manner affect the obligation of the Borrower to repay or prepay the Loans in accordance with the terms of this Agreement.

Appears in 1 contract

Sources: Credit Agreement (Ferro Corp)

Effect of Loan Accounts, etc. The entries made in the accounts maintained pursuant to section 2.5(d2.5(c) and (ed) shall be PRIMA FACIE evidence of the existence and amounts of payments and amounts of the obligations recorded therein; PROVIDED, that the failure of any Lender or the Administrative Agent to maintain such accounts or any error therein shall not in any manner affect the obligation of the Borrower to repay or prepay the Loans in accordance with the terms of this Agreement.

Appears in 1 contract

Sources: Credit Agreement (Anthony & Sylvan Pools Corp)

Effect of Loan Accounts, etc. The entries made in the accounts maintained pursuant to section 2.5(d2.5(f) and (eg) shall be PRIMA FACIE evidence of the existence and amounts of payments and amounts of the obligations recorded therein; PROVIDED, that the failure of any Lender or the Administrative Agent to maintain such accounts or any error therein shall not in any manner affect the obligation of the Borrower to repay or prepay the Loans in accordance with the terms of this Agreement.

Appears in 1 contract

Sources: Credit Agreement (Om Group Inc)

Effect of Loan Accounts, etc. The entries made in the accounts maintained pursuant to section 2.5(d2.6(d) and (e) shall be PRIMA FACIE evidence of the existence and amounts of payments and amounts of the obligations recorded therein; PROVIDED, that the failure of any Lender or the Administrative Agent to maintain such accounts or any error therein shall not in any manner affect the obligation of the Borrower to repay or prepay the Loans in accordance with the terms of this Agreement.

Appears in 1 contract

Sources: Credit Agreement (Lesco Inc/Oh)

Effect of Loan Accounts, etc. The entries made in the accounts maintained pursuant to section 2.5(d2.4(d) and (e) shall be PRIMA FACIE evidence of the existence and amounts of payments and amounts of the obligations recorded therein; PROVIDED, that the failure of any Lender or the Administrative Agent to maintain such accounts or any error therein shall not in any manner affect the obligation of the Borrower to repay or prepay the Loans in accordance with the terms of this Agreement.

Appears in 1 contract

Sources: Credit Agreement (Fca of Ohio Inc)

Effect of Loan Accounts, etc. The entries made in the accounts maintained pursuant to section 2.5(d2.6(c) and (ed) shall be PRIMA FACIE evidence of the existence and amounts of payments and amounts of the obligations recorded therein; PROVIDED, that the failure of any Lender or the Administrative Agent to maintain such accounts or any error therein shall not in any manner affect the obligation of the Borrower to repay or prepay the Loans in accordance with the terms of this Agreement.

Appears in 1 contract

Sources: Master Construction Line of Credit Agreement (Alterra Healthcare Corp)

Effect of Loan Accounts, etc. The entries made in the accounts maintained pursuant to section 2.5(d2.4(d) and (e) shall be PRIMA FACIE evidence of the existence and amounts of payments and amounts of the obligations recorded therein; PROVIDED, PROVIDED that the failure of any Lender or the Administrative Agent to maintain such accounts or any error therein shall not in any manner affect the obligation of the Borrower to repay or prepay the Loans in accordance with the terms of this Agreement.

Appears in 1 contract

Sources: 364 Day Credit Agreement (Ferro Corp)

Effect of Loan Accounts, etc. The entries made in the accounts maintained pursuant to section 2.5(d2.6(d) and (e) shall be PRIMA FACIE evidence of the existence and amounts of payments and amounts of the obligations recorded therein; PROVIDEDprovided, that the failure of any Lender or the Administrative Agent to maintain such accounts or any error therein shall not in any manner affect the obligation of the Borrower to repay or prepay the Loans in accordance with the terms of this Agreement.

Appears in 1 contract

Sources: Credit Agreement (Stoneridge Inc)