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Common use of Collection of Accounts and Application to Revolving Note Clause in Contracts

Collection of Accounts and Application to Revolving Note.

Appears in 17 contracts

Sources: Credit and Security Agreement (Spectranetics Corp), Credit and Security Agreement (Nortech Systems Inc), Credit and Security Agreement (Hemacare Corp /Ca/)

Related Clauses

  • Guaranty of Payment and Not of Collection
  • Collection of Accounts
  • Maintenance of Loan Account; Statements of Account
  • Collection of Accounts Receivable
  • Maintenance of Loan Account; Statements of Obligations

Parent Clauses

  • AMOUNT AND TERMS OF THE LINE OF CREDIT
  • AMOUNT AND TERMS OF THE LINE OF CREDIT AND TERM LOAN
  • AMOUNT AND TERMS OF THE LINE OF CREDIT AND TERM

Sub-Clauses

  • Application of Payments to Revolving Note
  • Payment of Accounts by Company’s Account Debtors
  • The Collection Account
  • Payment of Accounts by Companies’ Account Debtors
  • Payments Received into the Collection Account
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