Common use of CREDIT INSURANCE Clause in Contracts

CREDIT INSURANCE. A policy of credit insurance, satisfactory to, and approved by, Bank, in its sole discretion, insuring Accounts collaterally assigned to Bank naming Bank as a “loss payee.”

Appears in 2 contracts

Samples: Loan Agreement, Loan Agreement (Applied Optoelectronics, Inc.)

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CREDIT INSURANCE. A policy of credit insurance, satisfactory to, and approved by, to Bank, in its sole discretion, insuring Accounts collaterally assigned to Bank naming Bank as a “loss payee.”

Appears in 1 contract

Samples: Loan Agreement (Sand Hills, Inc)

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CREDIT INSURANCE. A policy of credit insurance, satisfactory to, and approved by, to Bank, in its sole discretion, insuring Accounts collaterally assigned to Bank naming Bank as a "loss payee."

Appears in 1 contract

Samples: Loan Agreement (Uci Medical Affiliates Inc)

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