Common use of Borrower’s Accounts Clause in Contracts

Borrower’s Accounts. Except as prohibited by law, Borrower grants Bank a security interest in all of Borrower’s accounts with Bank and any of its affiliates. Swap Agreements. All swap agreements (as defined in 11 U.S.C. § 101), if any, between Borrower and Bank or its affiliates are independent agreements governed by the written provisions of said swap agreements, which will remain in full force and effect, unaffected by any repayment, prepayment, acceleration, reduction, increase or change in the terms of this Note, except as otherwise expressly provided in said written swap agreements, and any payoff statement from Bank relating to this Note shall not apply to said swap agreements unless expressly referred to in such payoff statement.

Appears in 3 contracts

Samples: Loan Agreement (Superior Uniform Group Inc), Loan Agreement (Superior Uniform Group Inc), SFBC International Inc

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Borrower’s Accounts. Except as prohibited by law, Borrower grants Bank a security interest in all of Borrower’s deposit accounts and investment property with Bank and any of its affiliates. Swap Agreements. All swap agreements (as defined in 11 U.S.C. § 101, as in effect from time to time), if any, between Borrower and Bank or its affiliates are independent agreements governed by the written provisions of said swap agreements, which will remain in full force and effect, unaffected by any repayment, prepayment, acceleration, reduction, increase or change in the terms of this Note, except as otherwise expressly provided in said written swap agreements, and any payoff statement from Bank relating to this Note shall not apply to said swap agreements unless except as otherwise expressly referred to provided in such payoff statement.

Appears in 3 contracts

Samples: Eresearchtechnology Inc /De/, Comstock Homebuilding Companies, Inc., Comstock Homebuilding Companies, Inc.

Borrower’s Accounts. Except as prohibited by law, Borrower grants Bank a security interest in all of Borrower’s 's deposit accounts and investment property with Bank and any of its affiliates. Swap Agreements. All swap agreements (as defined in 11 U.S.C. § 101, as in effect from time to time), if any, between Borrower and Bank or its affiliates are independent agreements governed by the written provisions of said swap agreements, which will remain in full force and effect, unaffected by any repayment, prepayment, acceleration, reduction, increase or change in the terms of this the Amended Note, except as otherwise expressly provided in said written swap agreements, and any payoff statement from Bank relating to this the Amended Note shall not apply to said swap agreements unless except as otherwise expressly referred to provided in such payoff statement.

Appears in 1 contract

Samples: Revolving Promissory Note And (Acme United Corp)

Borrower’s Accounts. Except as prohibited by law, Borrower grants Bank a security interest in all of Borrower’s accounts with Bank and any of its affiliates. Swap Agreements. All swap agreements (as defined in 11 U.S.C. § 101, as in effect from time to time), if any, between Borrower and Bank or its affiliates are independent agreements governed by the written provisions of said swap agreements, which will remain in full force and effect, unaffected by any repayment, prepayment, acceleration, reduction, increase or change in the terms of this Note, except as otherwise expressly provided in said written swap agreements, and any payoff statement from Bank relating to this Note shall not apply to said swap agreements unless expressly referred to in such payoff statement.

Appears in 1 contract

Samples: Wellsford Real Properties Inc

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Borrower’s Accounts. Except as prohibited by law, Borrower grants Bank a security interest in all of Borrower’s accounts with Bank and any of its affiliates. Swap Agreements. All swap agreements (as defined in 11 U.S.C. § 101, as in effect from time to time), if any, between Borrower and Bank or its affiliates are independent agreements governed by the written provisions of said swap agreements, which will remain in full force and effect, unaffected by any repayment, prepayment, acceleration, reduction, increase or change in the terms of this Note, except as otherwise expressly provided in said written swap agreements, and any payoff statement from Bank relating to this Note shall not apply to said swap agreements unless except as otherwise expressly referred to provided in such payoff statement.

Appears in 1 contract

Samples: Loan Agreement (Gulfstream International Group Inc)

Borrower’s Accounts. Except as prohibited by law, Borrower grants Bank a security interest in all of Borrower’s 's accounts with Bank and any of its affiliates. Swap AgreementsSWAP AGREEMENTS. All swap agreements (as defined in 11 U.S.C. § Section 101, as in effect from time to time), if any, between Borrower and Bank or its affiliates are independent agreements governed by the written provisions of said swap agreements, which will remain in full force and effect, unaffected by any repayment, prepayment, acceleration, reduction, increase or change in the terms of this Note, except as otherwise expressly provided in said written swap agreements, and any payoff statement from Bank relating to this Note shall not apply to said swap agreements unless expressly referred to in such payoff statement.

Appears in 1 contract

Samples: Loan Agreement (Steelcloud Inc)

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