Common use of Account Clause in Contracts

Account. The word "Account" means a trade account, account receivable, or other right to payment for goods sold or services rendered owing to Borrower (or to a third party grantor acceptable to Lender).

Appears in 55 contracts

Sources: Loan Agreement (Industrial Services of America Inc /Fl), Loan Agreement (R B Rubber Products Inc), Loan Agreement (Vermont Pure Holdings LTD)

Account. The word "Account" means a trade account, account receivable, other receivable, or other right to payment for goods sold or services rendered owing to Borrower (or to a third party grantor acceptable to Lender).

Appears in 16 contracts

Sources: Business Loan Agreement (Vista Proppants & Logistics Inc.), Business Loan Agreement, Business Loan Agreement (NANOPHASE TECHNOLOGIES Corp)

Account. The word "Account" means a trade account, account receivable, other receivable, or other right to payment for goods sold or services rendered owing to Borrower Grantor (or to a third party grantor acceptable to Lender).

Appears in 6 contracts

Sources: Commercial Security Agreement (Hickok Inc), Commercial Security Agreement (Hickok Inc), Business Loan Agreement (Niku Corp)

Account. The word "Account" means a trade account, account receivable, other receivable, or other right to payment for goods sold or services rendered owing to Borrower (or Grantor(or to a third party grantor acceptable to Lender).

Appears in 2 contracts

Sources: Commercial Security Agreement (Auto Graphics Inc), Commercial Security Agreement (Auto Graphics Inc)

Account. The word "Account" means a trade account, account receivable, or other right to payment for goods sold or services rendered owing to Borrower (or to a third party grantor acceptable to Lender).

Appears in 2 contracts

Sources: Loan Agreement (United Oilfield Services Inc), Loan Agreement (Vital Images Inc)

Account. The word "Account" means a trade account, account receivable, or other right to payment for goods sold sole or services rendered owing to Borrower (or to a third party grantor acceptable to Lender).

Appears in 2 contracts

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

Account. The word "Account" means a trade account, account receivable, other receivable, or other right to payment for goods sold or services rendered owing to Borrower (or to a third party grantor Borrower acceptable to Lender).

Appears in 2 contracts

Sources: Commercial Security Agreement (CarePayment Technologies, Inc.), Commercial Security Agreement (Microhelix Inc)

Account. The word "Account" ' means a trade account, account receivable, other receivable, or other right to payment for goods sold or services rendered owing to Borrower (or to a third party grantor acceptable to Lender).

Appears in 1 contract

Sources: Business Loan Agreement (Naco Industries Inc)

Account. The word "Account" means a trade account, account receivable, other receivable, or other right to payment for goods sold or services rendered owing owning to Borrower Grantor (or to a third party grantor acceptable to Lender).

Appears in 1 contract

Sources: Commercial Security Agreement (At&s Holdings Inc)

Account. The word "Account" ' means a trade account, account receivable, other receivable, or other right to payment for goods sold or services rendered owing to Borrower Grantor (or to a third party grantor acceptable to Lender).

Appears in 1 contract

Sources: Commercial Security Agreement (Naco Industries Inc)

Account. The word "Account" means a trade account, account receivable, other receivable, or other right to payment for goods sold or services rendered owing to Borrower Grantor (or to a third party grantor acceptable to Lender).

Appears in 1 contract

Sources: Commercial Security Agreement (Stronghold Technologies Inc)

Account. The word "Account" means a trade account, account receivable, or other right to payment for goods sold or services rendered owing to Borrower (or to a third party grantor acceptable to Lender).

Appears in 1 contract

Sources: Loan Agreement (Synergetics Usa Inc)

Account. The word "Account" means a trade account, account receivable, other receivable, or other right to payment for goods sold or services rendered owing to Borrower (or to a third party grantor granter acceptable to Lender). Account Debtor. The words "Account Debtor" mean the person or entity obligated upon an Account.

Appears in 1 contract

Sources: Business Loan Agreement (Asset Based) (Addvantage Technologies Group Inc)

Account. The word "Account" means a trade account, account receivable, or other right to payment for goods sold or services rendered owing to Borrower (or borrower(or to a third party grantor acceptable to Lender).

Appears in 1 contract

Sources: Business Loan Agreement (Scientific Software Intercomp Inc)