Example ContractsClausesseverability of interest, primary and non contributoryVariants
Severability of Interest, Primary and Non-Contributory
Severability of Interest, Primary and Non-Contributory contract clause examples
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Interest Account and Interest Computations. The Administrative Agent shall record in an account or accounts maintained by the Administrative Agent on its books # the Applicable Interest Rate for the Loans; # the date and amount of each principal and interest payment on each Loan; and # such other information as the Administrative Agent may determine is necessary for the computation of interest payable by the Borrower hereunder consistent with the basis hereof. The Borrower agrees that all computations by the Administrative Agent of interest shall be deemed prima facie to be correct in the absence of manifest error.

The Administrative Agents shall maintain accounts in which they will record # the amount of each Loan made hereunder, the Class, Type and currency thereof and the Interest Period applicable thereto, # the amount of any principal or interest due and payable or to become due and payable from the Applicable Borrower to each Lender hereunder and # the amount of any sum received by the Applicable Administrative Agent hereunder from any Borrower or any Subsidiary Guarantor and each Lender’s share thereof.

The Administrative Agent shall maintain accounts in which it shall record # the amount of each Loan made hereunder, the Class and Type thereof and the Interest Period (if any) applicable thereto, # the amount of any principal or interest due and payable or to become due and payable from the Borrower to each Lender hereunder and # the amount of any sum received by the Administrative Agent hereunder for the account of the Lenders and each Lender’s share thereof.

The Administrative Agent shall maintain accounts in which it shall record # the amount of each Loan made hereunder, the Class and Type thereof and the Interest Period applicable thereto, if any, # the amount of any principal or interest due and payable or to become due and payable from the Borrower to each Lender hereunder and # the amount of any sum received by the Administrative Agent hereunder for the account of the Lenders and each Lender’s share thereof.

The Administrative Agent shall maintain accounts in which it shall record # the amount of each Loan made hereunder, the Facility and Type thereof and the Interest Period (if any) applicable thereto, # the amount of any principal or interest due and payable or to become due and payable from the Borrower to each Lender hereunder and # any amount received by the Administrative Agent hereunder for the account of the Lenders and each Lender’s share thereof.

The Administrative Agent shall maintain accounts in which it shall record # the amount of each Loan made hereunder, the Class and Type thereof and the Interest Period applicable thereto, if any, # the amount of any principal or interest due and payable or to become due and payable from the Borrowers to each Lender hereunder and # the amount of any sum received by the Administrative Agent hereunder for the account of the Lenders and each Lender's share thereof.

The Administrative Agent shall maintain accounts in which it shall record # the amount of each Loan made hereunder, the Class and Type thereof and the Interest Period applicable thereto, if any, # the amount of any principal or interest due and payable or to become due and payable from the Borrower to each Lender hereunder and # the amount of any sum received by the Administrative Agent hereunder for the account of the Lenders and each Lender’s share thereof.

The Administrative Agent shall maintain accounts in which it shall record # the amount of each Term Loan made hereunder, the Type thereof and the Interest Period applicable thereto, if any, # the amount of any principal or interest due and payable or to become due and payable from the Borrower to each Lender hereunder and # the amount of any sum received by the Administrative Agent hereunder for the account of the Lenders and each Lender’s share thereof.

The Administrative Agent shall maintain accounts in which it shall record # the amount of each Loan made hereunder, the Class and Type thereof and the Interest Period applicable thereto, # the amount of any principal or interest due and payable or to become due and payable from the Borrower to each Lender hereunder and # the amount of any sum received by the Administrative Agent hereunder for the account of the Lenders and each Lender’s share thereof.

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