Common use of Accounting Clause in Contracts

Accounting. After each Reconciliation Period, Bank will provide an accounting of the transactions for that Reconciliation Period, including the amount of all Financed Receivables, all Collections, Adjustments, Finance Charges, Collateral Handling Fee and the Facility Fee. If Borrower does not object to the accounting in writing within thirty (30) days it shall be considered accurate. All Finance Charges and other interest and fees are calculated on the basis of a 360 day year and actual days elapsed.

Appears in 16 contracts

Samples: Loan and Security Agreement, Loan and Security Agreement (Audience Inc), Loan and Security Agreement (Banks.com, Inc.)

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Accounting. After each Reconciliation Period, Bank will provide an accounting of the transactions for that Reconciliation Period, including the amount of all Financed Receivables, all Collections, Adjustments, Finance Charges, the Collateral Handling Fee and the Facility Administrative Fee. If Borrower does not object to the accounting in writing within thirty (30) 30 days it shall be is considered accuratecorrect. All Finance Charges and other interest and fees are calculated on the basis of a 360 day year and actual days elapsed.

Appears in 6 contracts

Samples: Accounts Receivable Financing Agreement (Insignia Solutions PLC), Accounts Receivable Financing Agreement (Interwave Communications International LTD), Accounts Receivable Financing Agreement (Giga Information Group Inc)

Accounting. After each Reconciliation Period, Bank will provide an accounting of the transactions for that Reconciliation Period, including the amount of all Financed Receivables, all Collections, Adjustments, Finance Charges, Collateral Handling Fee and the Facility FeeLoan Fees. If Borrower does not object to the accounting in writing within thirty (30) days it shall be considered accurate. All Finance Charges and other interest and fees are calculated on the basis of a 360 day year and actual days elapsed.

Appears in 5 contracts

Samples: Loan Modification Agreement (Cyoptics Inc), First Loan Modification Agreement (Cyoptics Inc), Loan and Security Agreement (A123 Systems Inc)

Accounting. After each Reconciliation Period, Bank will provide an accounting of the transactions for that Reconciliation Period, including the amount of all Financed Receivables, all Collections, Adjustments, Finance Charges, Collateral Handling Fee and the Facility Fee. If Borrower does not object to the accounting in writing within thirty (30) days it shall be is considered accuratecorrect. All Finance Charges and other interest and fees are calculated on the basis of a 360 day year and actual days elapsed.

Appears in 5 contracts

Samples: Accounts Receivable Financing Agreement (Satcon Technology Corp), Loan Modification Agreement (Greenfield Online Inc), Loan Modification Agreement (Greenfield Online Inc)

Accounting. After each Reconciliation Period, Bank will provide an accounting of the transactions for that Reconciliation Period, including the amount of all Financed Receivables, all Collections, Adjustments, Finance Charges, Charges and the Collateral Handling Fee and the Facility Fee. If Borrower does not object to the accounting in writing within thirty (30) 30 days it shall be is considered accuratecorrect. All Finance Charges and other interest and fees are calculated on the basis of a 360 day year and actual days elapsed.

Appears in 4 contracts

Samples: Accounts Receivable Financing Agreement (Fischer Imaging Corp), Accounts Receivable Financing Agreement (Syntellect Inc), Accounts Receivable Financing Agreement (Avistar Communications Corp)

Accounting. After each Reconciliation Period, Bank will provide Borrower with an accounting of the transactions for that Reconciliation Period, including the amount of all Financed Receivables, all Collections, Adjustments, Finance Charges, Collateral Handling Fee and the Facility Fee. If Borrower does not object to the accounting in writing within thirty (30) days it shall be considered accurate. All Finance Charges and other interest and fees are calculated on the basis of a 360 three hundred sixty (360) day year and actual days elapsed.

Appears in 4 contracts

Samples: Loan and Security Agreement (Tintri, Inc.), Loan and Security Agreement (Tintri, Inc.), Loan and Security Agreement (Tintri, Inc.)

Accounting. After each Reconciliation Period, Bank will provide an accounting of the transactions for that Reconciliation Period, including the amount of all Financed Receivables, all Collections, Adjustments, Finance Charges, Collateral Handling Fee Fees and the Facility Fee. If Borrower does not object to the accounting in writing within thirty (30) days it shall be considered accurate. All Finance Charges and other interest and fees are calculated on the basis of a 360 day year and actual days elapsed.

Appears in 4 contracts

Samples: Loan and Security Agreement (Exa Corp), Loan and Security Agreement (Spire Corp), Loan and Security Agreement (Spire Corp)

Accounting. After each Reconciliation Period, Bank will provide Borrower with an accounting of the transactions for that Reconciliation Period, including the amount of all Financed Receivables, all Collections, Adjustments, Finance Charges, Collateral Handling Fee Fees and the Facility Fee. If Borrower does not object to the accounting in writing within thirty (30) days it shall be considered accurate. All Finance Charges and other interest and fees are calculated on the basis of a 360 three hundred sixty (360) day year and actual days elapsed.

Appears in 3 contracts

Samples: Loan and Security Agreement (GigOptix, Inc.), Loan and Security Agreement (Edgar Online Inc), Loan and Security Agreement (Aehr Test Systems)

Accounting. After each Reconciliation Period, Bank will provide an accounting of the transactions for that Reconciliation Period, including the amount of all Financed Receivables, all Collections, Adjustments, Finance Charges, Collateral Handling Administrative Fee and the Facility Fee. If Borrower does not object to the accounting in writing within thirty (30) days it shall be considered accurate. All Finance Charges and other interest and fees are calculated on the basis of a 360 day year and actual days elapsed.

Appears in 3 contracts

Samples: Silicon Valley Bank Loan and Security Agreement (M Wave Inc), Loan and Security Agreement (Axesstel Inc), Loan and Security Agreement (Peerless Systems Corp)

Accounting. After each Reconciliation Period, Bank will provide an accounting of the transactions for that Reconciliation Period, including the amount of all Financed Receivables, all Collections, Adjustments, Finance Charges, Collateral Handling Fee Fee, and the Facility Fee. If Borrower does not object to the accounting in writing within thirty (30) days it shall be considered accurate. All Finance Charges and other interest and fees are calculated on the basis of a 360 day year and actual days elapsed.

Appears in 3 contracts

Samples: Loan and Security Agreement (GigOptix, Inc.), Loan and Security Agreement (Microfluidics International Corp), Loan and Security Agreement (GigOptix, Inc.)

Accounting. After each Reconciliation Period, Bank will provide an accounting of the transactions for that Reconciliation Period, including the amount of all Financed Receivables, all Collections, Adjustments, Finance Charges, Charges and the Collateral Handling Fee and the Facility Fee. If Borrower does not object to the accounting in writing within thirty (30) days it shall be considered accurate. All Finance Charges and other interest and fees are calculated on the basis of a 360 day year and actual days elapsed.

Appears in 3 contracts

Samples: First Loan Modification Agreement (Cyoptics Inc), Loan and Security Agreement (Cyoptics Inc), Loan and Security Agreement (Microfluidics International Corp)

Accounting. After each Reconciliation Period, Bank will provide an accounting of the transactions for that Reconciliation Period, including the amount of all Financed Receivables, all Collections, Adjustments, Finance Charges, and the Collateral Handling Fee and the Facility Fee. If Borrower does not object to the accounting in writing within thirty (30) 30 days it shall be is considered accuratecorrect. All Finance Charges and other interest and fees are calculated on the basis of a 360 day year and actual days elapsed.

Appears in 3 contracts

Samples: Accounts Receivable Financing Agreement (Tanisys Technology Inc), Accounts Receivable Financing Agreement (Hie Inc), Accounts Receivable Financing Agreement (Transgenomic Inc)

Accounting. After each Reconciliation Period, Bank will provide an accounting of the transactions for that Reconciliation Period, including the amount of all Financed Receivables, all Collections, Adjustments, Finance Charges, Collateral Handling Fee and the Facility Fee. If Borrower does not object to the accounting in writing within thirty (30) days it shall be considered accurate. All Finance Charges and other interest and fees are calculated on the basis of a 360 day year and actual days elapsed.

Appears in 2 contracts

Samples: Loan and Security Agreement (Forescout Technologies, Inc), Loan and Security Agreement (Forescout Technologies, Inc)

Accounting. After each Reconciliation Period, Bank will provide an accounting of the transactions for that Reconciliation Period, including the amount of all Financed Receivables, all Collections, Adjustments, Finance Charges, the Collateral Handling Fee and the Facility Fee. If Borrower does not object to the accounting in writing within thirty (30) 30 days it shall be is considered accuratecorrect. All Finance Charges and other interest and fees are calculated on the basis of a 360 day year and actual days elapsed.

Appears in 2 contracts

Samples: Accounts Receivable Financing Agreement (Micro Component Technology Inc), Accounts Receivable Financing Agreement (Loudeye Corp)

Accounting. After each Reconciliation Period, Bank will provide an accounting of the transactions for that Reconciliation Period, including the amount of all Financed Receivables, all Overadvances, all Collections, Adjustments, Finance Charges, Collateral Handling Fee and the Facility Fee. If Borrower does not object to the accounting in writing within thirty (30) days it shall be considered accurate. All Finance Charges and other interest and fees are calculated on the basis of a 360 360-day year and actual days elapsed.

Appears in 2 contracts

Samples: Loan and Security Agreement, Loan and Security Agreement (Bluearc Corp)

Accounting. After each Reconciliation Period, Bank will provide Borrower with an accounting of the transactions for that Reconciliation Period, including the amount of all Financed Receivables, all Collections, Adjustments, and Finance Charges, Collateral Handling Fee and the Facility Fee. If Borrower does not object to the accounting in writing within thirty (30) days it shall be considered accurate. All Finance Charges and other interest and fees are calculated on the basis of a 360 three hundred sixty (360) day year and actual days elapsed.

Appears in 2 contracts

Samples: Loan and Security Agreement (Mobitv Inc), Loan and Security Agreement (Mobitv Inc)

Accounting. After each Reconciliation Period, Bank will provide an accounting of the transactions for that Reconciliation Period, including the amount of all Financed Receivables, all Collections, Adjustments, Finance Charges, the Collateral Handling Fee and the Facility Administrative Fee. If Borrower does not object to the accounting in writing within thirty (30) 30 days it shall be is considered accuratecorrect. All Finance Charges and other interest and fees are calculated on the basis of a 360 360-day year and actual days elapsed.

Appears in 2 contracts

Samples: Accounts Receivable Financing Agreement (Timeline Inc), Accounts Receivable Financing Agreement (Corvu Corp)

Accounting. After each Reconciliation Period, Bank will provide Borrower with an accounting of the transactions for that Reconciliation Period, including the amount of all Financed Receivables, all Collections, Adjustments, Finance Charges, Collateral Handling Fee Charges and the Facility Fee. If Borrower does not object to the accounting in writing within thirty (30) days it shall be considered accurate. All Finance Charges and other interest and fees are calculated on the basis of a 360 day year and actual days elapsed.

Appears in 2 contracts

Samples: Loan and Security Agreement (Adept Technology Inc), Loan and Security Agreement (Plug Power Inc)

Accounting. After each Reconciliation Period, Bank will provide an accounting of the transactions for that Reconciliation Period, including the amount of all Financed Receivables, all Collections, Adjustments, Finance Charges, Collateral Handling Fee Fee, and the Facility Fee. If Borrower does not object to the accounting in writing within thirty sixty (3060) days it shall be considered accurate. All Finance Charges and other interest and fees are calculated on the basis of a 360 day year and actual days elapsed.

Appears in 2 contracts

Samples: Loan and Security Agreement (interCLICK, Inc.), Loan and Security Agreement (interCLICK, Inc.)

Accounting. After each Reconciliation Period, Bank will provide Borrower with an accounting of the transactions for that Reconciliation Period, including the amount of all Financed Receivables, all Collections, Adjustments, Finance Charges, Collateral Handling Fee Fee, and the Facility Fee. If Borrower does not object to the accounting in writing within thirty (30) days it shall be considered accurate. All Finance Charges and other interest and fees are calculated on the basis of a 360 three hundred sixty (360) day year and actual days elapsed.

Appears in 2 contracts

Samples: Loan and Security Agreement (Airgain Inc), Loan and Security Agreement (Airgain Inc)

Accounting. After each Reconciliation Period, Bank will provide Borrower with an accounting of the transactions for that Reconciliation Period, including the amount of all Financed Receivables, all Collections, Adjustments, Finance Charges, Collateral Handling Fee Fee, and the Facility Fee. If Borrower does not object to the accounting in writing within thirty (30) days it shall be considered accurate. All Finance Charges and other interest and fees are calculated on the basis of a 360 day year and actual days elapsed.

Appears in 2 contracts

Samples: Loan and Security Agreement (Crossroads Systems Inc), Loan and Security Agreement (Socket Mobile, Inc.)

Accounting. After each Reconciliation Period, Bank will provide Borrower with an accounting of the transactions for that Reconciliation Period, including the amount of all Financed Receivables, all Collections, Adjustments, Finance Charges, Charges and Collateral Handling Fee and the Facility FeeFees. If Borrower does not object to the accounting in writing within thirty (30) days it shall be considered accurate. All Finance Charges and other interest and fees are calculated on the basis of a 360 day year and actual days elapsed.

Appears in 2 contracts

Samples: Loan and Security Agreement (Astea International Inc), Loan and Security Agreement (InsPro Technologies Corp)

Accounting. After each Reconciliation Period, Bank will provide an accounting of the transactions for that Reconciliation Period, including the amount of all Financed Receivables, all Collections, Adjustments, Finance Charges, Collateral Handling Fee Fees and the Facility Fee. If Borrower does Borrowers do not object to the accounting in writing within thirty (30) days it shall be considered accurate. All Finance Charges and other interest and fees are calculated on the basis of a 360 day year and actual days elapsed.

Appears in 2 contracts

Samples: Loan and Security Agreement (Global Telecom & Technology, Inc.), Loan and Security Agreement (Global Telecom & Technology, Inc.)

Accounting. After each Reconciliation Period, Bank will provide an accounting of the transactions for that Reconciliation Period, including the amount of all Financed Receivables, all Collections, Adjustments, Finance Charges, Collateral Handling Fee and the Facility Loan Fee. If Borrower does not object to the accounting in writing within thirty (30) days it shall be is considered accuratecorrect, absent manifest error. All Finance Charges and other interest and fees are calculated on the basis of a 360 day year and actual days elapsed.

Appears in 2 contracts

Samples: Ar Financing Loan Agreement (Netlogic Microsystems Inc), Ar Financing Loan Agreement (Netlogic Microsystems Inc)

Accounting. After each Reconciliation Period, Bank will provide an accounting of the transactions for that Reconciliation Period, including the amount of all Financed Receivables, all Collections, Adjustments, Finance Charges, Collateral Handling Fee and the Facility Fee. If Borrower does not object to the accounting in writing within thirty (30) days it shall be considered accurateaccurate absent manifest error. All Finance Charges and other interest and fees are calculated on the basis of a 360 day year and actual days elapsed.”

Appears in 1 contract

Samples: Loan and Security Agreement (Xplore Technologies Corp)

Accounting. After each Reconciliation Period, Bank will provide an accounting of the transactions for that Reconciliation Period, including the amount of all Financed Receivables, all Non-Formula Advances, Collections, Adjustments, Finance Charges, Collateral Handling Fee and the Facility Fee. If Borrower does not object to the accounting in writing within thirty (30) days it shall be considered accurateaccurate absent manifest error. All Finance Charges and other interest and fees are calculated on the basis of a 360 day year and actual days elapsed.

Appears in 1 contract

Samples: Loan and Security Agreement (Xplore Technologies Corp)

Accounting. After each Reconciliation Period, Bank will provide Borrower with an accounting of the transactions for that Reconciliation Period, including the amount of all Financed Receivables, all Collections, Adjustments, Finance Charges, Collateral Handling Fee and the Facility Fee. If Borrower does not object to the accounting in writing within thirty (30) days it shall be considered accurate. All Finance Charges and other interest and fees are calculated on the basis of a 360 three hundred sixty (360) day year and actual days elapsed.

Appears in 1 contract

Samples: Export Import Bank Loan and Security Agreement (Aehr Test Systems)

Accounting. After each Reconciliation Period, Bank will provide an accounting of the transactions for that Reconciliation Period, including the amount of all Financed Receivables, all Collections, Adjustments, Finance Charges, Collateral Handling Fee Charges and the Facility Fee. If Borrower does not object to the accounting in writing within thirty (30) days it shall be considered accurate. All Finance Charges and other interest and fees are calculated on the basis of a 360 day year and actual days elapsed.

Appears in 1 contract

Samples: Loan and Security Agreement (Cognigen Networks Inc)

Accounting. After each Reconciliation Period, Bank will provide an accounting of the transactions for that Reconciliation Period, including the amount of all Financed Receivables, all Collections, Adjustments, Finance Charges, Collateral Handling Fee and the Facility Fee. If Borrower does not object to the accounting in writing within thirty (30) days it shall be considered accurateis presumed correct. All Finance Charges and other interest and fees are calculated on the basis of a 360 day year and actual days elapsed.

Appears in 1 contract

Samples: Accounts Receivable Financing Agreement (Exchange Applications Inc)

Accounting. After each Reconciliation Period, Bank will provide an accounting of the transactions for that Reconciliation Period, including the amount of all Financed Receivables, all Collections, Adjustments, Finance Charges, Collateral Handling Fee and the Facility Fee. If Borrower does not object to the accounting in writing within thirty (30) days after the date on which Borrower receives such accounting, it shall be considered accurate. All Finance Charges and other interest and fees are calculated on the basis of a 360 day year and actual days elapsed.

Appears in 1 contract

Samples: Loan and Security Agreement (NMS Communications Corp)

Accounting. After each Reconciliation Period, Bank will provide an accounting of the transactions for that Reconciliation Period, including the amount of all Financed Receivables, all Collections, . Adjustments, Finance Charges, Collateral Handling Administrative Fee and the Facility Fee. If Borrower does not object to the accounting in writing within thirty (30) days it shall be considered accurate. All Finance Charges and other interest and fees are calculated on the basis of a 360 day year and actual days elapsed.

Appears in 1 contract

Samples: Silicon Valley Bank Loan and Security Agreement (Strasbaugh)

Accounting. After each Reconciliation Period, Bank will provide an accounting of the transactions for that Reconciliation Period, including the amount of all Financed Receivables, all Collections, Adjustments, Finance Charges, Collateral Handling Fee and Fees and, for the first Reconciliation Period, the Facility Fee. If Borrower does not object to the accounting in writing within thirty (30) days it shall be considered accurateaccurate and binding on both parties, absent subsequent written notice to Borrower. All Finance Charges and other interest and fees are calculated on the basis of a 360 day year and actual days elapsed.

Appears in 1 contract

Samples: Loan and Security Agreement (Us Dataworks Inc)

Accounting. After each Reconciliation Period, Bank will provide an accounting of the transactions for that Reconciliation Period, including the amount of all Financed Receivables, Exim Financed Receivables, all Collections, Adjustments, Finance Charges, Charges and the Collateral Handling Fee and the Facility Fee. If Borrower does not object to the accounting in writing within thirty (30) 30 days it shall be is considered accuratecorrect. All Finance Charges and other interest and fees are calculated on the basis of a 360 360-day year and actual days elapsed.

Appears in 1 contract

Samples: Accounts Receivable Financing Agreement (Tegal Corp /De/)

Accounting. After each Reconciliation Period, Bank will provide an accounting of the transactions for that Reconciliation Period, including the amount of all Financed Receivables, all Collections, Adjustments, Finance Charges, Collateral Handling Administrative Fee and the Facility Fee. If Borrower does Borrowers do not object to the accounting in writing within thirty (30) days it shall be considered accurate. All Finance Charges and other interest and fees are calculated on the basis of a 360 day year and actual days elapsed.

Appears in 1 contract

Samples: Loan and Security Agreement (MRV Communications Inc)

Accounting. After each Reconciliation Period, Bank will provide an accounting of the transactions for that Reconciliation Period, including the amount of all Financed Receivables, all Collections, Adjustments, Finance Charges, Collateral Handling Fee and the Facility Fee. If Borrower does not object to the accounting in writing within thirty (30) days it shall be considered accurate. All Finance Charges and other interest and fees are calculated on the basis of a 360 day year and actual days elapsed.

Appears in 1 contract

Samples: Loan and Security Agreement (GlobalOptions Group, Inc.)

Accounting. After each Reconciliation Period, Bank will provide an accounting of the transactions for that Reconciliation Period, including the amount of all Financed Receivables, all Collections, Adjustments, Finance Charges, Collateral Handling Fee and the Facility Fee. If Borrower does not object to the accounting in writing within thirty (30) days it shall be considered accurate. All Finance Charges and other interest and fees are calculated on the basis of a 360 day year and actual days elapsed.

Appears in 1 contract

Samples: Loan and Security Agreement (Alimera Sciences Inc)

Accounting. After each Reconciliation Period, Bank will provide an accounting of the transactions for that Reconciliation Period, including the amount of all Financed Receivables, all Collections, Adjustments, Finance Charges, Collateral Handling Fee, Administrative Fee and the Facility Fee. If Borrower does not object to the accounting in writing within thirty (30) days it shall be considered accurate. All Finance Charges and other interest and fees are calculated on the basis of a 360 day year and actual days elapsed.

Appears in 1 contract

Samples: Loan and Security Agreement (Intrusion Inc)

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Accounting. After each Reconciliation Period, Bank will provide an accounting of the transactions for that Reconciliation Period, including the amount of all EXIM Financed Receivables, all Collections, Adjustments, and Finance Charges, Collateral Handling Fee and the Facility Fee. If Borrower does not object to the accounting in writing within thirty (30) days it shall be considered accurate. All Finance Charges and other interest and fees are calculated on the basis of a 360 three hundred sixty (360) day year and actual days elapsed.

Appears in 1 contract

Samples: Loan and Security Agreement (Socket Mobile, Inc.)

Accounting. After each Reconciliation Period, Bank will provide Borrower with an accounting of the transactions for that Reconciliation Period, including the amount of all Financed Receivables, all Collections, Adjustments, Finance Charges, Collateral Handling Fee Unused Net Facility Fee, and the Facility Fee. If Borrower does not object to the accounting in writing within thirty (30) days it shall be considered accurate. All Finance Charges and other interest and fees are calculated on the basis of a 360 three hundred sixty (360) day year and actual days elapsed.

Appears in 1 contract

Samples: Loan and Security Agreement (Mobivity Holdings Corp.)

Accounting. After each Reconciliation Period, Bank will provide Borrower with an accounting of the transactions for that Reconciliation Period, including the amount of all Financed Receivables, all Collections, Adjustments, Finance Charges, Collateral Handling Fee and the Facility Fee. If Borrower does not object to the accounting in writing within thirty (30) days it shall be considered accurate. All Finance Charges and other interest and fees are calculated on the basis of a 360 day year and actual days elapsed.

Appears in 1 contract

Samples: Loan and Security Agreement (Axesstel Inc)

Accounting. After each Reconciliation Period, Bank will provide Borrower with an accounting of the transactions for that Reconciliation Period, including the amount of all Financed Receivables, all Collections, Adjustments, Finance Charges, Collateral Handling Fee Fees, and the Facility Loan Fee. If Borrower does not object to the accounting in writing within thirty (30) days it shall be considered accurate. All Finance Charges and other interest and fees are calculated on the basis of a 360 day year and actual days elapsed.

Appears in 1 contract

Samples: Loan and Security Agreement (Brightcove Inc)

Accounting. After each Reconciliation Period, Bank will provide an accounting of the transactions for that Reconciliation Period, including the amount of all Financed ReceivablesReceivables or Collections Advances, all Collections, Adjustments, Finance Charges, Collateral Handling Fee Fees and the Facility Fee. If Borrower does Borrowers do not object to the accounting in writing within thirty (30) days it shall be considered accurate. All Finance Charges and other interest and fees are calculated on the basis of a 360 day year and actual days elapsed.

Appears in 1 contract

Samples: Silicon Valley Bank Loan and Security Agreement (Global Telecom & Technology, Inc.)

Accounting. After each Reconciliation Period, Bank will provide send an accounting of the transactions for that Reconciliation Period, including the amount of all Financed Receivables, all Collections, Adjustments, Finance Charges, the Collateral Handling Fee and the Facility Administrative Fee. If Borrower does not object to the accounting in writing within thirty (30) 30 days it shall be is considered accuratecorrect. All Finance Charges and other interest and fees are calculated on the basis of a 360 day year and actual days elapsed.

Appears in 1 contract

Samples: Accounts Receivable Financing Agreement (Micrografx Inc)

Accounting. After each Reconciliation Period, Bank will provide an accounting of the transactions for that Reconciliation Period, including the amount of all Financed Receivables, all Collections, Adjustments, Finance Charges, and the Collateral Handling Fee and the Facility Fee. If Borrower does not object to the accounting in writing within thirty (30) days it shall be is considered accuratecorrect. All Finance Charges and other interest and fees are calculated on the basis of a 360 day year and actual days elapsed.

Appears in 1 contract

Samples: Accounts Receivable Financing Agreement (E Sync Networks Inc)

Accounting. After each Reconciliation Period, Bank will provide an accounting of the transactions for that Reconciliation Period, including the amount of all Financed Receivables, all Collections, Adjustments, Finance Charges, Collateral Handling Fee and the Facility Fee. If Borrower does not object to the accounting in writing within thirty ninety (3090) days it shall be is considered accuratecorrect. All Finance Charges and other interest and fees are calculated on the basis of a 360 day year and actual days elapsed.

Appears in 1 contract

Samples: Accounts Receivable Financing Agreement (Mercator Software Inc)

Accounting. After each Reconciliation Period, Bank will provide an accounting of the transactions transaction for that Reconciliation Period, including the amount of all Financed Receivables, all Collections, Adjustments, Finance Charges, Collateral Handling Fee Charges and the Facility Fee. If Borrower does not object to the accounting in writing within thirty forty five (3045) days it shall be is considered accuratecorrect. All Finance Charges and other interest and fees are calculated on the basis of a 360 day year and actual days elapsed.

Appears in 1 contract

Samples: Accounts Receivable Financing Agreement (Arbinet Thexchange Inc)

Accounting. After each Reconciliation Period, Bank will provide Borrower with an accounting of the transactions for that Reconciliation Period, including the amount of all Financed Receivables, all Collections, Adjustments, Unused Line Fees and Finance Charges, Collateral Handling Fee and the Facility Fee. If Borrower does not object to the accounting in writing within thirty (30) days it shall be considered accurate. All Finance Charges and other interest and fees are calculated on the basis of a 360 day year and actual days elapsed.

Appears in 1 contract

Samples: Loan and Security Agreement (Vericel Corp)

Accounting. After each Reconciliation Period, Bank will provide Borrower with an accounting of the transactions for that Reconciliation Period, including the amount of all Financed Receivables, all Collections, Adjustments, Finance Charges, Charges and Collateral Handling Fee and the Facility FeeFees. If Borrower does not object to the accounting in writing within thirty (30) days it shall be considered accurateaccurate absent manifest error by Bank. All Finance Charges and other interest and fees are calculated on the basis of a 360 day year and actual days elapsed.

Appears in 1 contract

Samples: Loan and Security Agreement (GigPeak, Inc.)

Accounting. After each Reconciliation Period, Bank will provide Borrower with an accounting of the transactions for that Reconciliation Period, including the amount of all Financed Receivables, all Collections, Adjustments, Finance Charges, Collateral Handling Fee Charges and the Facility Fee. If Borrower does not object to the accounting in writing within thirty (30) days it shall be considered accurate, absent manifest error. All Finance Charges and other interest and fees are calculated on the basis of a 360 day year and actual days elapsed.

Appears in 1 contract

Samples: Loan and Security Agreement (INFOSONICS Corp)

Accounting. After each Reconciliation Period, Bank will provide an accounting of the transactions for that Reconciliation Period, including the amount of all Financed Receivables, all Collections, Adjustments, Finance Charges, Collateral Handling Fee and the Facility Administrative Fee. If Borrower does not object to the accounting in writing within thirty (30) days it shall be is considered accuratecorrect. All Finance Charges and other interest and fees are calculated on the basis of a 360 day year and actual days elapsed.

Appears in 1 contract

Samples: Accounts Receivable Financing Agreement (Gensym Corp)

Accounting. After each Reconciliation Period, Bank will provide Borrower with an accounting of the transactions for that Reconciliation Period, including the amount of all Financed Receivables, all Collections, Adjustments, Finance Charges, Collateral Handling Fee Unused Line Fees and the Facility FeeLoan Fees. If Borrower does not object to the accounting in writing within thirty (30) days it shall be considered accurate. All Finance Charges and other interest and fees are calculated on the basis of a 360 day year and actual days elapsed.

Appears in 1 contract

Samples: Loan and Security Agreement (Alimera Sciences Inc)

Accounting. After each Reconciliation Period, Bank will provide an accounting of the transactions for that Reconciliation Period, including the amount of all Financed Receivables, all Advances, Collections, Adjustments, Finance Charges, Collateral Handling Fee and the Facility Fee. If Borrower does not object to the accounting in writing within thirty forty-five (3045) days it shall be is considered accuratecorrect. All Finance Charges and other interest and fees are calculated on the basis of a 360 day year and actual days elapsed.

Appears in 1 contract

Samples: Accounts Receivable Financing Agreement (Internet Commerce Corp)

Accounting. After each Reconciliation Period, Bank will provide an accounting of the transactions for that Reconciliation Period, including the amount of all Financed Receivables, all Collections, Adjustments, Finance Charges, Collateral Handling Fee and the Facility Fee. If Borrower does not object to the accounting in writing within thirty forty-five (3045) days it shall be is considered accuratecorrect absent clear error. All Finance Charges and other interest and fees are calculated on the basis of a 360 day year and actual days elapsed.

Appears in 1 contract

Samples: Loan and Security Agreement (Egenera, Inc.)

Accounting. After each Reconciliation Period, Bank will provide an accounting of the transactions for that Reconciliation Period, including the amount of all Financed Receivables, all Collections, Adjustments, Finance Charges, Collateral Handling Fee and the Facility Restructuring Fee. If Borrower does not object to the accounting in writing within thirty (30) days it shall be considered accurate. All Finance Charges and other interest and fees are calculated on the basis of a 360 day year and actual days elapsed.

Appears in 1 contract

Samples: Loan and Security Agreement (Betawave Corp.)

Accounting. After each Reconciliation Period, Bank will provide Borrower with an accounting of the transactions for that Reconciliation Period, including the amount of all Financed Receivables, all Collections, Adjustments, Finance Charges, Collateral Handling Fee Fees and the Facility Fee. If Borrower does not object to the accounting in writing within thirty (30) days it shall be considered accurate. All Finance Charges and other interest and fees are calculated on the basis of a 360 day year and actual days elapsed.

Appears in 1 contract

Samples: Loan and Security Agreement (Zoom Telephonics, Inc.)

Accounting. After each Reconciliation Period, Bank will provide Borrower with an accounting of the transactions for that Reconciliation Period, including the amount of all Financed Receivables, all Collections, Adjustments, and Finance Charges, Collateral Handling Fee and the Facility Fee. If Borrower does not object to the accounting in writing within thirty (30) days it shall be considered accurate. All Finance Charges and other interest and fees are calculated on the basis of a 360 day year and actual days elapsed.

Appears in 1 contract

Samples: Loan and Security Agreement (VirtualScopics, Inc.)

Accounting. After each Reconciliation Period, Bank will provide Borrower with an accounting of the transactions for that Reconciliation Period, including the amount of all Financed Receivables, all Collections, Adjustments, Finance Charges, Collateral Handling Fee Unused Line Fees and the Facility FeeLoan Fees. If Borrower does not object to the accounting in writing within thirty (30) days it shall be considered accurate. All Finance Charges and other interest and fees are calculated on the basis of a 360 day year and actual days elapsed.. 2.8

Appears in 1 contract

Samples: Loan and Security Agreement

Accounting. After each Reconciliation Period, Bank will provide an accounting of the transactions for that Reconciliation Period, including the amount of all Financed Receivables, Financed Inventory, all Collections, Adjustments, Finance Charges, Collateral Handling Fee and the Facility Fee. If Borrower does not object to the accounting in writing within thirty (30) days it shall be considered accurate. All Finance Charges and other interest and fees are calculated on the basis of a 360 day year and actual days elapsed.

Appears in 1 contract

Samples: Loan and Security Agreement (Active Power Inc)

Accounting. After each Reconciliation Period, Bank will provide an accounting of the transactions for that Reconciliation Period, including the amount of all Financed Receivables, all Collections, Adjustments, Finance Charges, Collateral Handling Fee Charges and the Facility Fee. If Borrower does docs not object to the accounting in writing within thirty (30) days it shall be considered accurate. All Finance Charges and other interest and fees are arc calculated on the basis of a 360 day year and actual days elapsed.

Appears in 1 contract

Samples: Loan and Security Agreement (Infinera Corp)

Accounting. After each Reconciliation Period, Bank will provide Borrower with an accounting of the transactions for that Reconciliation Period, including the amount of all Financed Receivables, all Collections, Adjustments, Finance Charges, Collateral Handling Fee Fees, and the Facility FeeLoan Fees. If Borrower does not object to the accounting in writing within thirty (30) days it shall be considered accurate. All Finance Charges and other interest and fees are calculated on the basis of a 360 day year and actual days elapsed.

Appears in 1 contract

Samples: Loan and Security Agreement (SolarEdge Technologies Inc)

Accounting. After each Reconciliation Period, Bank will provide an accounting of the transactions for that Reconciliation Period, including the amount of all Financed Receivables, all Collections, Adjustments, Finance Charges, Collateral Handling Fee Fee, Unused Line Facility Fee, and the Facility Fee. If Borrower does not object to the accounting in writing within thirty (30) days it shall be considered accurate. All Finance Charges and other interest and fees are calculated on the basis of a 360 day year and actual days elapsed.

Appears in 1 contract

Samples: Loan and Security Agreement (GlobalOptions Group, Inc.)

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