Common use of Continuing Requirements Clause in Contracts

Continuing Requirements. Advances hereunder will be made by DFS, at Dealer's direction, by paper check, electronic transfer by Automated Clearing House ("ACH"), Fed Wire Funds Transfer ("Fed Wire") or such other electronic means as DFS may announce from time to time (ACH, Fed Wire and such other electronic transfer are collectively referred to as "Electronic Transfers"). If Dealer does not request advances be made in a specific method of transfer, DFS may determine from time to time in its sole discretion what method of transfer to use. Dealer will: (a) if from time to time required by DFS, immediately upon their creation, deliver to DFS copies of all invoices, delivery evidences and other such documents relating to each Account; (b) not permit or agree to any material extension, compromise, settlement or change to any Account unless it has notified DFS of its intention to do so; (c) affix appropriate endorsements or assignments upon all such items of

Appears in 3 contracts

Sources: Business Financing Agreement (Eplus Inc), Business Financing Agreement (Eplus Inc), Business Financing Agreement (Eplus Inc)