Common use of Charges to Accounts Clause in Contracts

Charges to Accounts. Silicon may, in its discretion, require that Borrower pay monetary Obligations in cash to Silicon, or charge them to Borrower's Loan account, in which event they will bear interest at the same rate applicable to the Loans. Silicon may also, in its discretion, charge any monetary Obligations to Borrower's Deposit Accounts maintained with Silicon.

Appears in 80 contracts

Samples: Security Agreement (Cobalt Group Inc), Loan and Security Agreement (Alibris Inc), Security Agreement (Chyron Corp)

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Charges to Accounts. Silicon may, in its discretion, require that Borrower pay monetary Obligations in cash to Silicon, or charge them to Borrower's ’s Loan account, in which event they will bear interest at the same rate applicable to the Loans. Silicon may also, in its discretion, charge any monetary Obligations to Borrower's ’s Deposit Accounts maintained with Silicon.

Appears in 30 contracts

Samples: Security Agreement (Tegal Corp /De/), Security Agreement (Rackable Systems, Inc.), Security Agreement (Rackable Systems, Inc.)

Charges to Accounts. Silicon may, in its discretion, require that Borrower pay monetary Obligations in cash to Silicon, or charge them to Borrower's ’s Loan accountaccount with notice, prior to the occurrence and continuance of an Event of Default, but without notice thereafter, in which event they will bear interest at the same rate applicable to the Loans. Silicon may also, in its discretion, charge any monetary Obligations to Borrower's ’s Deposit Accounts maintained with Silicon.

Appears in 3 contracts

Samples: Loan and Security Agreement (Telecommunication Systems Inc /Fa/), Security Agreement (Telecommunication Systems Inc /Fa/), Loan and Security Agreement (Telecommunication Systems Inc /Fa/)

Charges to Accounts. Silicon may, in its discretion, require that Borrower pay monetary Obligations in cash to Silicon, or charge them to Borrower's Loan account, in which event they will bear interest at the same rate applicable to the Loans. Silicon may also, in its discretion, charge any monetary Obligations (other than nonrecurring or extraordinary charges prior to the occurrence of an Event of Default) to Borrower's Deposit Accounts maintained with Silicon.

Appears in 2 contracts

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

Charges to Accounts. Silicon may, in its discretion, require that Borrower pay monetary Obligations in cash to Silicon, or charge them to Borrower's Revolving Loan account, in which event they will bear interest at the same rate applicable to the Revolving Loans. Silicon may also, in its discretion, charge any monetary Obligations to Borrower's Deposit Accounts maintained with Silicon.

Appears in 2 contracts

Samples: Loan Modification Agreement (Picis Inc), Loan Modification Agreement (Picis Inc)

Charges to Accounts. Silicon may, in its discretion, require that Borrower pay monetary Obligations in cash to Silicon, or charge them to Borrower's ’s Loan account, in which event they will bear interest at the same rate applicable to the Loans. Silicon may also, in its discretion, charge any monetary Obligations to any one or more of Borrower's ’s Deposit Accounts maintained with Silicon.

Appears in 2 contracts

Samples: Loan and Security Agreement (Pivotal Corp), Loan and Security Agreement (Giga Tronics Inc)

Charges to Accounts. Silicon may, in its discretion, require that Borrower pay monetary Obligations in cash to Silicon, or charge them to Borrower's Loan account, in which event even they will bear interest at the same rate applicable to the Loans. Silicon may also, in its it discretion, charge any monetary Obligations to Borrower's Deposit Accounts maintained with Silicon.

Appears in 1 contract

Samples: Loan and Security Agreement (Cypress Communications Holding Co Inc)

Charges to Accounts. Silicon may, in its reasonable discretion, require that Borrower pay monetary Obligations in cash to Silicon, or charge them to Borrower's Loan account, in which event they will bear interest at the same rate applicable to the Loans. Silicon may also, in its discretion, charge any monetary Obligations to Borrower's Deposit Accounts maintained with Silicon.

Appears in 1 contract

Samples: Loan and Security Agreement (Ibasis Inc)

Charges to Accounts. Silicon may, in its discretion, require that Borrower pay monetary Obligations in cash to Silicon, or charge them to Borrower's Loan loan account, in which event they will bear interest at the same rate applicable to the Guarantied Loans. Silicon may also, in its discretion, charge any monetary Obligations to Borrower's Deposit Accounts maintained with Silicon.

Appears in 1 contract

Samples: Loan and Security Agreement (Exchange Applications Inc)

Charges to Accounts. Silicon may, in its discretion, require that Borrower pay monetary Obligations obligations in cash to Silicon, or charge them to Borrower's Loan account, in which event they will bear interest at the same rate applicable to the Loans. Silicon may also, in its discretion, charge any monetary Obligations to Borrower's Deposit Accounts maintained with Silicon.

Appears in 1 contract

Samples: Loan and Security Agreement (Fourth Shift Corp)

Charges to Accounts. Silicon may, in its discretion, require that Borrower pay monetary Obligations in cash to Silicon, or charge them to Borrower's ’s Loan account, in which event they will bear interest at the same rate applicable to the Loans. Silicon may also, in its discretion, charge any monetary Obligations to Borrower's Xxxxxxxx’s Deposit Accounts maintained with Silicon.

Appears in 1 contract

Samples: Loan and Security Agreement (Unify Corp)

Charges to Accounts. Silicon may, in its discretion, require that Borrower pay monetary Obligations in cash to Silicon, or charge them to Borrower's Loan account, in which event they will bear interest at the same rate applicable to the Loans. Silicon may also, in its discretion, charge any monetary Obligations to Borrower's Deposit Accounts maintained with Silicon.. *UNLESS PAID BY THE BORROWER IN CASH

Appears in 1 contract

Samples: Loan and Security Agreement (Intellicorp Inc)

Charges to Accounts. Silicon may, in its discretion, require that Borrower pay monetary Obligations in cash to Silicon, or charge them to Borrower's Loan account, in which event they will bear interest at the same rate applicable to the Loans. Silicon may also, in its discretion, charge any monetary Obligations to Borrower's Deposit Accounts maintained with Silicon.. ---------- */ and/or the Equipment Loan Obligations -

Appears in 1 contract

Samples: Loan and Security Agreement (Adaytum Software Inc)

Charges to Accounts. Silicon may, in its discretion, require that Borrower pay monetary Obligations in cash to Silicon, or charge them to Borrower's ’s Loan account, in which event they will bear interest at the same rate applicable to the Loans. Silicon may also, in its discretion, charge any monetary Obligations to Borrower's ’s Deposit Accounts maintained with Silicon.. -12- Silicon Valley Bank Loan and Security Agreement

Appears in 1 contract

Samples: Loan and Security Agreement (Applied Precision, Inc.)

Charges to Accounts. Silicon may, in its discretion, require that Borrower pay monetary Obligations in cash to Silicon, or charge them to Borrower's ’s Loan account, in which event they will bear interest at the same rate applicable appli-cable to the Loans. Silicon may also, in its discretion, charge any monetary Obligations to Borrower's ’s Deposit Accounts maintained with Silicon.

Appears in 1 contract

Samples: Security Agreement (Entrada Networks Inc)

Charges to Accounts. Silicon may, in its discretiondiscretion and with notice to Borrower, require that Borrower pay monetary Obligations in cash to Silicon, or charge them to Borrower's Loan account, in which event they will bear interest at the same rate applicable to the Loans. Silicon may also, in its discretiondiscretion and with notice to Borrower, charge any monetary Obligations to Borrower's Deposit Accounts maintained with Silicon.

Appears in 1 contract

Samples: Loan and Security Agreement (Axs One Inc)

Charges to Accounts. Silicon may, in its discretion, require that Borrower pay monetary Obligations in cash to Silicon, or or, if not paid as and when due, charge them to Borrower's ’s Loan account, in which event they will bear interest at the same rate applicable to the Loans. Silicon may also, in its discretion, charge any monetary Obligations to Borrower's ’s Deposit Accounts maintained with Silicon.

Appears in 1 contract

Samples: Loan and Security Agreement (Tut Systems Inc)

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Charges to Accounts. Silicon may, in its discretion, require that Borrower Borrowers pay monetary Obligations in cash to Silicon, or charge them to Borrower's ’s Loan account, in which event they will bear interest at the same rate applicable to the Loans. Silicon may also, in its discretion, charge any monetary Obligations to either Borrower's ’s Deposit Accounts maintained with Silicon.

Appears in 1 contract

Samples: Loan and Security Agreement (Xenogen Corp)

Charges to Accounts. Silicon may, in its discretion, require that Borrower pay monetary Obligations in cash to Silicon, or charge them to Borrower's Loan accountaccount *, in which event they will bear interest at the same rate applicable to the ** Loans. Silicon may also, in its discretion, charge any monetary Obligations to any one or more of Borrower's Deposit Accounts maintained with Silicon.. * AS A REVOLVING LOAN ** REVOLVING

Appears in 1 contract

Samples: Loan and Security Agreement (Isilon Systems, Inc.)

Charges to Accounts. Silicon may, in its discretion, require that Borrower pay monetary Obligations in cash to Silicon, or charge them to Borrower's Loan account, in which event they will bear interest at the same rate applicable to the Loans. Silicon may also, in its discretion, charge any monetary Obligations to Borrower's Deposit Accounts maintained with Silicon.. SILICON VALLEY BANK LOAN AND SECURITY AGREEMENT --------------------------------------------------------------------------------

Appears in 1 contract

Samples: Loan and Security Agreement (Onyx Software Corp/Wa)

Charges to Accounts. Silicon may, in its discretion, require that Borrower pay monetary Obligations in cash to Silicon, or charge them to Borrower's Loan account, in which event they will bear interest at the same rate applicable to the Loans. Silicon may also, in its discretion, charge any monetary SILICON VALLEY BANK LOAN AND SECURITY AGREEMENT -------------------------------------------------------------------------------- Obligations to Borrower's Deposit Accounts maintained with Silicon.

Appears in 1 contract

Samples: Loan and Security Agreement (Hathaway Corp)

Charges to Accounts. Silicon may, in its discretion, require that Borrower pay monetary Obligations in cash to Silicon, or charge them to Borrower's ’s Loan account, in which event they will bear interest at the same rate applicable to the Loans. Silicon may also, in its discretion, charge any monetary Obligations to Borrower's Deposit Accounts maintained with Silicon.the

Appears in 1 contract

Samples: Loan and Security Agreement (Xplore Technologies Corp)

Charges to Accounts. Silicon may, in its discretion, require that Borrower pay monetary Obligations in cash to Silicon, Silicon or charge them to Borrower's Loan account, in which event they will bear interest at the same rate applicable to the Loans. Silicon may also, in its discretion, charge any monetary Obligations to Borrower's Deposit Accounts maintained with Silicon.

Appears in 1 contract

Samples: Loan and Security Agreement (Lightspan Partnership Inc)

Charges to Accounts. Silicon may, in its discretion, require that Borrower pay monetary Obligations in cash to Silicon, or charge them to Borrower's Loan account, in which event they will bear interest at the same rate applicable to the Loans. Silicon may also, in its discretion, charge any monetary Obligations to Borrower's Deposit Accounts maintained with Silicon, and Silicon shall promptly notify Borrower of any such charge to Borrower's Deposit Accounts.

Appears in 1 contract

Samples: Loan and Security Agreement (Terayon Communication Systems)

Charges to Accounts. Silicon may, in its discretiongood-faith business judgment, require that Borrower pay monetary Obligations in cash to Silicon, or charge them to Borrower's Loan account, in which event they will bear interest at the same rate applicable to the Loans. Silicon may also, in its discretiongood-faith business judgment, charge any monetary Obligations to Borrower's Deposit Accounts maintained with Silicon.

Appears in 1 contract

Samples: Loan and Security Agreement (Netplex Group Inc)

Charges to Accounts. Silicon may, in its discretion, require that Borrower pay monetary Obligations in cash to Silicon, or charge them to Borrower's ’s Loan account, in which event they will bear interest at the same rate applicable appli­cable to the Loans. Silicon may also, in its discretion, charge any monetary Obligations to Borrower's ’s Deposit Accounts maintained with Silicon.

Appears in 1 contract

Samples: Loan and Security Agreement (Satcon Technology Corp)

Charges to Accounts. Silicon may, in its discretion, require that Borrower pay monetary Obligations in cash to Silicon, or charge them to Borrower's ’s Loan account, in which event they will bear interest at the same rate applicable to the Loans. Silicon may also, in its discretion, charge any monetary Obligations to Borrower's ’s Deposit Accounts maintained with Silicon. Silicon shall use commercially reasonable efforts to give Borrower notice of any such charge, but Silicon shall have no liability for any inadvertent failure to do so.

Appears in 1 contract

Samples: Security Agreement (Atheros Communications Inc)

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