Example ContractsClausesLoan Account
Loan Account
Loan Account contract clause examples

Loan Account means the account opened by the Borrower with the Facility Agent for the purpose of collecting the Advances.

Loan Account” has the meaning assigned to such term in Section 2.11.

"Loan Account" means an account maintained hereunder by the Administrative Agent on its books of account at the Payment Office, and with respect to the Borrowers, in which the Borrowers will be charged with all Loans made to, and all other Obligations incurred by, the Borrowers.

Loan Account .Agent shall maintain in accordance with its usual and

Loan Account” has the meaning provided therefor in Section 2.20(a).

Loan Account” has the meaning set forth in Section 2.6(b).

Loan Account” has the meaning provided in Section 2.11(a).

Loan Account - the loan account established by each Lender on its books pursuant to Section 5.9.

Loan Account: the loan account established by each Lender on its books pursuant to Section 5.9.

Loan Account. Agent shall maintain, in accordance with its usual and customary practices, an account or accounts (“Loan Account”) evidencing the Debt of each of the Borrower(s) within each Borrower Group resulting from each Loan made to such Borrower Group or issuance of a Letter of Credit for the account of such Borrower(s) from time to time. Any failure of Agent to record anything in any Loan Account, or any error in doing so, shall not limit or otherwise affect the obligations of the applicable Borrower(s) to pay any amount owing hereunder. Agent may maintain a single Loan Account in the name of the Borrower Agent, and each Borrower and other Obligor confirms that such arrangement shall have no effect on the joint and several character of its liability for the Obligations as and to the extent provided herein or in the other Loan Documents.

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