Common use of Credit Risk Clause in Contracts

Credit Risk. Accounts that are otherwise determined to be unacceptable by Agent in its Permitted Discretion, upon the delivery of prior or contemporaneous notice (oral or written) of such determination to the Borrower;

Appears in 9 contracts

Samples: Credit Agreement (Unisys Corp), Credit Agreement (Constar International Inc), Credit Agreement (Diplomat Pharmacy, Inc.)

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Credit Risk. Accounts that are otherwise determined to be unacceptable by Agent in its Permitted Discretion, upon the delivery of prior or contemporaneous notice (oral or written) of such determination to the BorrowerBorrower Representative;

Appears in 5 contracts

Samples: Revolving Credit Agreement (Real Industry, Inc.), Credit Agreement (Tembec Industries Inc), Credit Agreement (NxStage Medical, Inc.)

Credit Risk. Accounts that (i) are otherwise determined to be unacceptable by Agent in its Permitted Discretion, upon the delivery of prior or contemporaneous notice (oral or written) of such determination to Borrower Representative or (ii) may not be paid due to the Borrowerfinancial condition of any Account Debtor;

Appears in 3 contracts

Samples: Credit Agreement (Jakks Pacific Inc), Credit Agreement (Jakks Pacific Inc), Credit Agreement (Symmetry Surgical Inc.)

Credit Risk. Accounts that are otherwise determined to be unacceptable by Agent in its Permitted Discretion, upon the delivery of prior or contemporaneous notice (oral or written) of such determination to the Borrower;

Appears in 2 contracts

Samples: Loan and Security Agreement (AMEDICA Corp), Loan and Security Agreement (Siga Technologies Inc)

Credit Risk. Accounts that are otherwise determined to be unacceptable by Agent based on credit or collateral considerations in its Permitted Discretion, upon the delivery of prior or contemporaneous written notice (oral or written) of such determination to the Borrower;

Appears in 2 contracts

Samples: Credit Agreement (Constellium N.V.), Credit Agreement (Constellium N.V.)

Credit Risk. Accounts that are otherwise determined to be unacceptable by Agent in its Permitted Discretion, upon the delivery of prior or contemporaneous notice (oral or written; provided, Agent agrees to use its best efforts to provide such notice in writing (but failure to provide such notice in writing shall not effect the validity of any oral notice hereunder)) of such determination to the BorrowerBorrower Representative;

Appears in 2 contracts

Samples: Credit Agreement (Evraz North America PLC), Credit Agreement (Evraz North America LTD)

Credit Risk. Accounts that are otherwise determined to be unacceptable by Agent in its Permitted Discretion, upon the delivery of prior or contemporaneous notice (oral or written) of such determination to the BorrowerBorrower Representative;

Appears in 1 contract

Samples: Credit Agreement (Landec Corp \Ca\)

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Credit Risk. Accounts that are otherwise determined to be unacceptable by Agent in its Permitted Discretion, upon the delivery of fifteen (15) days’ prior or contemporaneous written notice (oral or written) of such determination to the Borrower;

Appears in 1 contract

Samples: Loan and Security Agreement (GenMark Diagnostics, Inc.)

Credit Risk. Accounts that are otherwise determined to be unacceptable by Agent in its Permitted DiscretionDiscretion after consultation with Borrower, upon the delivery of prior or contemporaneous notice (oral or written) of such determination to the Borrower;

Appears in 1 contract

Samples: Loan and Security Agreement (Cas Medical Systems Inc)

Credit Risk. Accounts that are otherwise determined to be unacceptable by Agent Agent, in its Permitted Discretion, upon the delivery of prior or contemporaneous notice (oral or written) of such determination to the BorrowerBorrower Representative;

Appears in 1 contract

Samples: Credit Agreement (Eplus Inc)

Credit Risk. Accounts that are otherwise determined to be unacceptable by Agent in its Permitted Discretion, upon the delivery of prior or contemporaneous notice (oral or written) of such determination to the US Borrower;

Appears in 1 contract

Samples: Credit Agreement (Essex Rental Corp.)

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