Common use of Account Debtor Clause in Contracts

Account Debtor. The words "Account Debtor" mean the person or entity obligated upon an Account.

Appears in 86 contracts

Samples: Business Loan Agreement (FGI Industries Ltd.), Business Loan Agreement (Better Choice Co Inc.), Business Loan Agreement (Addvantage Technologies Group Inc)

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Account Debtor. The words "Account Debtor" mean the person or entity obligated upon an Account.

Appears in 29 contracts

Samples: Business Loan Agreement (LiveOne, Inc.), Business Loan Agreement (TSS, Inc.), Business Loan Agreement (TSS, Inc.)

Account Debtor. The words "Account Debtor" mean ” means the person Person who is obligated on or entity obligated upon under an AccountAccount or, if appropriate, chattel paper or general intangible, as applicable.

Appears in 3 contracts

Samples: Business Loan Agreement (NANOPHASE TECHNOLOGIES Corp), Commercial Security Agreement (NANOPHASE TECHNOLOGIES Corp), Business Loan Agreement (NANOPHASE TECHNOLOGIES Corp)

Account Debtor. The words "Account Debtor" ” shall mean the person any Person who owes payment to Borrower or entity obligated upon an Accounta subsidiary for goods or services rendered by Borrower to that Person.

Appears in 2 contracts

Samples: Loan Agreement, Loan Agreement (Saddlebrook Resorts Inc)

Account Debtor. The words "Account Debtor" mean the person or entity obligated upon an Accountaccount.

Appears in 2 contracts

Samples: Loan Agreement (Chromavision Medical Systems Inc), Loan Agreement (Eckler Industries Inc)

Account Debtor. The words term "Account Debtor" shall mean the person or entity -------------- any Person who is obligated upon an Accountto pay a Receivable to any Borrower.

Appears in 1 contract

Samples: Loan Renewal and Security Agreement (Precision Auto Care Inc)

Account Debtor. The words term "Account Debtor" shall mean the person or entity obligated upon on an AccountAccount Receivable.

Appears in 1 contract

Samples: Loan Agreement (First New England Dental Centers Inc)

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Account Debtor. The words "Account Debtor" mean the person or entity obligated upon an Account.

Appears in 1 contract

Samples: Loan Agreement (Orphan Medical Inc)

Account Debtor. The words "Account Debtor" mean the person or entity obligated upon an Account.. BUSINESS LOAN AGREEMENT (ASSET BASED)

Appears in 1 contract

Samples: Business Loan Agreement (Electromed, Inc.)

Account Debtor. The words term "Account Debtor" mean the person means any "Person" (as defined below in this Article 1) who is or entity who may become obligated upon to Borrowers under, with respect to, or on account of an Account.

Appears in 1 contract

Samples: Loan and Security Agreement (Leapnet Inc)

Account Debtor. The words "Account Debtor" mean the person or entity obligated upon an Account.. (d)

Appears in 1 contract

Samples: Loan Agreement (Phillips R H Inc)

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