Common use of Eligible Account Clause in Contracts

Eligible Account. an Account arising in the ordinary course of the business of any Borrower from the sale of goods or rendition of services that complies with each of the representations and warranties respecting Eligible Accounts made in the Loan Documents; provided that no Account shall be an Eligible Account if:

Appears in 1 contract

Samples: Loan and Security Agreement (Century Aluminum Co)

AutoNDA by SimpleDocs

Eligible Account. an Account arising in the ordinary course of the Borrower's business of any Borrower from the sale of goods or rendition of services that complies with each which Agent, in its reasonable credit judgment, deems to be an Eligible Account. Without limiting the generality of the representations and warranties respecting Eligible Accounts made in the Loan Documents; provided that foregoing, no Account shall be an Eligible Account if:

Appears in 1 contract

Samples: Loan and Security Agreement (Houston Wire & Cable CO)

Eligible Account. an Account arising in the ordinary course of the Borrower’s business of any Borrower from the sale of goods or rendition of services that complies with each which Lender, in its sole credit judgment, deems to be an Eligible Account. Without limiting the generality of the representations and warranties respecting Eligible Accounts made in the Loan Documents; provided that foregoing, no Account shall be an Eligible Account if:

Appears in 1 contract

Samples: Loan and Security Agreement (Allied Healthcare Products Inc)

Eligible Account. an Account arising in the ordinary course of the business of any Borrower of the Borrowers from the sale of goods or rendition of services that complies with each which Collateral Agent, in its reasonable credit judgment, deems to be an Eligible Account. Without limiting the generality of the representations and warranties respecting Eligible Accounts made in the Loan Documents; provided that foregoing, no Account shall be an Eligible Account if:

Appears in 1 contract

Samples: Loan, Security and Guaranty Agreement (Quest Resource Holding Corp)

Eligible Account. an Account arising in the ordinary course of the business of any a Borrower from the sale of goods or rendition of services that complies with each of the representations and warranties respecting Eligible Accounts made in the Loan Documentsservices; provided provided, that no Account shall be an Eligible Account if:

Appears in 1 contract

Samples: Loan and Security Agreement (Neenah Foundry Co)

AutoNDA by SimpleDocs

Eligible Account. an Account arising in the ordinary course of the Borrower’s business of any Borrower from the sale of goods or rendition of services that complies with each which Agent, in its sole credit judgment, deems to be an Eligible Account. Without limiting the generality of the representations and warranties respecting Eligible Accounts made in the Loan Documents; provided that foregoing, no Account shall be an Eligible Account if:

Appears in 1 contract

Samples: Loan and Security Agreement (Home Products International Inc)

Eligible Account. an Account arising in the ordinary course of the business of any Borrower the applicable Obligor from the sale of goods or rendition of services that complies with each of the representations and warranties respecting Eligible Accounts made in the Loan Documentsservices; provided that provided, however, that, no Account shall be an Eligible Account if:

Appears in 1 contract

Samples: Loan and Security Agreement (Anchor Lamina Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.