Common use of FACA Compliance Clause in Contracts

FACA Compliance. Provide Agent with any consents pursuant to the Federal Assignment of Claims Act or like federal, state or local statute with respect to any one Account from a governmental authority in excess of $25,000 or as to all Accounts from governmental authorities in excess of $100,000 in the aggregate.

Appears in 3 contracts

Sources: Loan and Security Agreement (Ultimate Electronics Inc), Loan and Security Agreement (Ultimate Electronics Inc), Loan and Security Agreement (Ultimate Electronics Inc)