Common use of Proof of Indebtedness Clause in Contracts

Proof of Indebtedness. The Lender's records shall be prima facie proof as to: (a) the amount of principal, interest or other moneys under the Loan owing at any time; (b) the existence of any default in the payment of any moneys under the Note; and (c) whether any demand for payment under the Note has been made.

Appears in 2 contracts

Sources: Convertible Loan Agreement (Tosi Lp), Convertible Loan Agreement (Flotek Industries Inc/Cn/)

Proof of Indebtedness. The Lender's records shall be prima facie proof as to: (a) the amount of principal, interest or other moneys amounts under the Loan owing at any time; (b) the existence of any default in the payment of any moneys amounts under the Note; and (c) whether any demand for payment under the Note has been made.

Appears in 1 contract

Sources: Loan Agreement (Paragon Coyote Texas LTD)

Proof of Indebtedness. The Lender's records shall be prima --------------------- facie proof as to: (a) the amount of principal, interest or other moneys amounts under the Loan owing at any time; (b) the existence of any default in the payment of any moneys amounts under the Note; and (c) whether any demand for payment under the Note has been made.

Appears in 1 contract

Sources: Loan Agreement (Coyote Sports Inc)