Common use of Records of Lender Clause in Contracts

Records of Lender. Lender shall maintain Records relating to the Obligations, Loans and Advances (including schedules maintained electronically) containing such annotations as Lender deems appropriate, including but not limited to annotations regarding the dates and amounts of Advances, the principal balance of any Loan, and the dates and amounts of repayments of any Loans, and shall account to Borrower monthly. In the absence of manifest error each Record of any annotations delivered to Borrower shall be conclusive and binding upon Borrower unless Borrower delivers to Lender written notice of any objection within ten (10)

Appears in 3 contracts

Sources: Loan and Security Agreement (Blue Star Foods Corp.), Loan and Security Agreement (General Employment Enterprises Inc), Loan and Security Agreement (Hooper Holmes Inc)