Common use of CHARGES AND INSURANCE Clause in Contracts

CHARGES AND INSURANCE. (A) You may, in your discretion, at any time discharge any lien or encumbrance or bond the same, pay any insurance, maintain guards, pay any service bureau, or obtain any record and charge the cost thereof to our Loan Account.

Appears in 3 contracts

Samples: Loan and Security Agreement (Earth Biofuels Inc), Loan and Security Agreement (Bontex Inc), Loan and Security Agreement (AHPC Holdings, Inc.)

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CHARGES AND INSURANCE. (A) You may, in your discretion, at any time discharge any lien or encumbrance or bond the same, pay any insurance, maintain guards, pay any service bureau, or obtain any record and charge the cost thereof to our Loan Accountloan account.

Appears in 1 contract

Samples: Loan and Security Agreement (Eltrax Systems Inc)

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CHARGES AND INSURANCE. (A) You may, in your discretion, at any time discharge any lien or encumbrance or bond the same, pay any insurance, maintain guards, pay any service bureau, or obtain any record and charge the cost thereof to our Loan Accountloan account.

Appears in 1 contract

Samples: Loan and Security Agreement (Diversified Corporate Resources Inc)

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