Notation of Records Clause Samples
The Notation of Records clause establishes the requirements for documenting and maintaining records related to the agreement or its subject matter. Typically, this clause specifies the types of records that must be kept, the format in which they should be maintained, and the duration for which they must be preserved. For example, it may require parties to keep accurate logs of transactions, communications, or compliance activities for a set number of years. The core function of this clause is to ensure transparency and accountability by providing a clear record-keeping framework, which can be critical for audits, dispute resolution, or regulatory compliance.
Notation of Records. Upon the request of the Administrative Agent, all promissory notes and all accounts receivable ledgers or other evidence of the Guarantor Claims accepted by or held by any Grantor shall contain a specific written notice thereon that the indebtedness evidenced thereby is subordinated under the terms of this Agreement.
Notation of Records. All promissory notes of the Borrower accepted by or held by Guarantor shall contain a specific written notice thereon that the indebtedness evidenced thereby is subordinated under the terms of this Guaranty Agreement.
Notation of Records. All promissory notes, accounts receivable ledgers or other evidence of the Guarantor Claims accepted by or held by Guarantor shall contain a specific written notice thereon that the indebtedness evidenced thereby is subordinated under the terms of this Guaranty.
Notation of Records. All promissory notes and all accounts receivable ledgers or other evidence of the Grantor Claims accepted by or held by any Grantor shall contain a specific written notice thereon that the indebtedness evidenced thereby is subordinated under the terms of this Agreement.
Notation of Records. Upon the request of the Subordinated Noteholder Representative, all promissory notes and all accounts receivable ledgers or other evidence of the Obligor Claims accepted by or held by any Obligor shall contain a specific written notice thereon that the indebtedness evidenced thereby is subordinated under the terms of this Agreement.
Notation of Records. 8 Article V Miscellaneous
Notation of Records. If requested by the Administrative Agent, each Guarantor agrees that all promissory notes, accounts receivable ledgers or other evidences of the Guarantor Claims accepted by or held by such Guarantor shall contain a specific written notice thereon that the indebtedness evidenced thereby is subordinated under the terms of this Guaranty.
Notation of Records. 34 SECTION 8. MISCELLANEOUS...............................................34
Notation of Records. Upon the request of the Secured Party, all promissory notes and all accounts receivable ledgers or other evidence of the Grantor Claims accepted by or held by the Borrower or any Grantor shall contain a specific written notice thereon that the indebtedness evidenced thereby is subordinated under the terms of this Agreement.
Notation of Records. Miscellaneous -------------