Common use of Notes; Loan Accounts Clause in Contracts

Notes; Loan Accounts. (a) The Loans made by each Bank shall be evidenced by one or more loan accounts or records maintained by such Bank in the ordinary course of business. The loan accounts or records maintained by Agent and each Bank shall be conclusive evidence, absent manifest error, of the amount of the Loans made by Banks to Company and the interest and payments thereon. Any failure so to record or any error in doing so shall not, however, limit or otherwise affect the obligation of Company hereunder to pay any amount owing with respect to the Loans. (b) Upon the request of any Bank made through Agent, the Loans made by such Bank may be evidenced by one or more notes, as applicable ("Notes"), instead of or in addition to loan accounts. Each such Note shall be in the form of Exhibit II. Each such Bank shall endorse on the schedules annexed ---------- to its Note the date, amount, and maturity of each Loan made by it and the amount of each payment of principal made by Company with respect thereto. Each such Bank is irrevocably authorized by Company to endorse its Note and each Bank's record shall be conclusive absent manifest error; provided, however, that -------- ------- the failure of a Bank to make, or an error in making, a notation thereon with respect to any Loan shall not limit or otherwise affect the obligations of Company hereunder or under any such Note to such Bank.

Appears in 1 contract

Sources: Credit Agreement (Levi Strauss & Co)

Notes; Loan Accounts. (a) The Loans made by each Bank shall be evidenced by one or more loan accounts or records maintained by such Bank in the ordinary course of business. The loan accounts or records maintained by Agent and each Bank shall be conclusive evidence, absent manifest error, of the amount of the Loans made by Banks to Company and the interest and payments thereon. Any failure so to record or any error in doing so shall not, however, limit or otherwise affect the obligation of Company hereunder to pay any amount owing with respect to the Loans. (b) Upon the request of any Bank made through Agent, the Loans made by such Bank may be evidenced by one or more notes, as applicable ("Notes"), instead of or in addition to loan accounts. Each such Note shall be in the form of Exhibit II. Each such Bank shall endorse on the schedules annexed ---------- to its Note ---------- the date, amount, and maturity of each Loan made by it and the amount of each payment of principal made by Company with respect thereto. Each such Bank is irrevocably authorized by Company to endorse its Note and each Bank's record shall be conclusive absent manifest error; provided, however, that the failure -------- ------- the failure of a Bank to make, or an error in making, a notation thereon with respect to any Loan shall not limit or otherwise affect the obligations of Company hereunder or under any such Note to such Bank.

Appears in 1 contract

Sources: 364 Day Credit Agreement (Levi Strauss & Co)

Notes; Loan Accounts. (a) The Loans made by each Bank shall be evidenced by one or more loan accounts or records maintained by such Bank in the ordinary course of business. The loan accounts or records maintained by Administrative Agent and each Bank shall be conclusive evidence, absent manifest error, of the amount of the Loans made by Banks to Company and the interest and payments thereon. Any failure so to record or any error in doing so shall not, however, limit or otherwise affect the obligation of Company hereunder to pay any amount owing with respect to the Loans. (b) Upon the request of any Bank made through Administrative Agent, the Loans made by such Bank may be evidenced by one or more notes, as applicable ("Notes"), instead of or in addition to loan accounts. Each such Note shall be ----- in the form of Exhibit IIIV. Each such Bank shall endorse on the schedules ---------- annexed ---------- to its Note the date, amount, and maturity of each Loan made by it and the amount of each payment of principal made by Company with respect thereto. Each such Bank is irrevocably authorized by Company to endorse its Note and each Bank's record shall be conclusive absent manifest error; provided, however, that -------- ------- the failure of a Bank to make, or an error in making, a notation thereon with respect to any Loan shall not limit or otherwise affect the obligations of Company hereunder or under any such Note to such Bank.

Appears in 1 contract

Sources: Bridge Credit Agreement (Levi Strauss & Co)

Notes; Loan Accounts. (a) The Loans made by each Bank shall be evidenced by one or more loan accounts or records maintained by such Bank in the ordinary course of business. The loan accounts or records maintained by Administrative Agent and each Bank shall be conclusive evidence, absent manifest error, of the amount of the Loans made by Banks to Company and the interest and payments thereon. Any failure so to record or any error in doing so shall not, however, limit or otherwise affect the obligation of Company hereunder to pay any amount owing with respect to the Loans. (b) Upon the request of any Bank made through Administrative Agent, the Loans made by such Bank may be evidenced by one or more notes, as applicable ("Notes"), instead of or in addition to loan accounts. Each such Note shall be ----- in the form of Exhibit IIIII. Each such Bank shall endorse on the schedules ----------- annexed ---------- to its Note the date, amount, and maturity of each Loan made by it and the amount of each payment of principal made by Company with respect thereto. Each such Bank is irrevocably authorized by Company to endorse its Note and each Bank's record shall be conclusive absent manifest error; provided, however, that -------- ------- the failure of a Bank to make, or an error in making, a notation thereon with respect to any Loan shall not limit or otherwise affect the obligations of Company hereunder or under any such Note to such Bank.

Appears in 1 contract

Sources: Credit Agreement (Levi Strauss & Co)