Common use of Liability Records Clause in Contracts

Liability Records. Lender may maintain from time to time, at its discretion, liability records as to any and all Advances under the Revolving Loan and the Term Loan made or repaid and interest accrued or paid under this Agreement and the Notes. On demand by Lender, Borrower will admit and certify in writing the exact principal balance outstanding to Lender for Advances under the Revolving Loan or the Term Loan under this Agreement.

Appears in 2 contracts

Sources: Loan Agreement (Professional Veterinary Products LTD /Ne/), Loan Agreement (Professional Veterinary Products LTD /Mo/)