Common use of Loan Account Clause in Contracts

Loan Account. Agent shall enter all Loans as debits to a loan account (the "Loan Account") and shall also record in the Loan Account all payments made by Borrowers on any Obligations and all other amounts credited to the Loan Account as provided herein, and may record therein, in accordance with customary accounting practice, other debits and credits, including interest and all other charges and expenses properly chargeable to Borrowers under the Loan Documents if Borrowers have not paid the same when due.

Appears in 5 contracts

Samples: Loan and Security Agreement (Century Aluminum Co), Loan and Security Agreement (Century Aluminum Co), Loan and Security Agreement (Century Aluminum Co)

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Loan Account. Agent shall enter all Loans as debits to a loan account (the "Loan Account") and shall also record in the Loan Account all payments made by Borrowers Borrower on any Obligations and all other amounts credited proceeds of Collateral which are finally paid to the Loan Account as provided hereinAgent, and may record therein, in accordance with customary accounting practice, other debits and credits, including interest and all other charges and expenses properly chargeable to Borrowers under the Loan Documents if Borrowers have not paid the same when dueBorrower.

Appears in 5 contracts

Samples: And Security Agreement (Weirton Steel Corp), Loan and Security Agreement (Weirton Steel Corp), Loan and Security Agreement (Weirton Steel Corp)

Loan Account. Agent shall enter all Loans as debits to one or more loan accounts (each, a loan account (the "Loan Account") and shall also record in the Loan Account all payments made by Borrowers or on behalf of each Borrower on any Obligations and all other amounts credited proceeds of Collateral which are finally paid to the Loan Account as provided hereinAgent, and may record therein, in accordance with customary accounting practice, other debits and credits, including interest and all other charges and expenses properly chargeable to Borrowers under the Loan Documents if Borrowers have not paid the same when dueeach Borrower.

Appears in 5 contracts

Samples: Loan and Security Agreement (Neenah Foundry Co), Loan and Security Agreement (Wabash National Corp /De), Loan and Security Agreement (Neenah Foundry Co)

Loan Account. Agent shall enter all Loans as debits to one or more loan accounts (each, a loan account (the "Loan Account") and shall also record in the Loan Account all payments made by Borrowers or on behalf of each Borrower on any Obligations and all other amounts credited proceeds of Collateral which are finally paid to the Loan Account as provided hereinAgent, and may record therein, in accordance with customary accounting practice, other debits and credits, including interest and all other charges and expenses properly chargeable to Borrowers under the Loan Documents if Borrowers have not paid the same when dueeach Borrower.

Appears in 4 contracts

Samples: Loan and Security Agreement (Wabash National Corp /De), Loan and Security Agreement (Wabash National Corp /De), Loan and Security Agreement (Deeter Foundry Inc)

Loan Account. Agent shall enter all Loans as debits to a loan account (the "Loan Account") Account and shall also record in the Loan Account all payments made by Borrowers Borrower on any Obligations and all other amounts credited proceeds of Collateral which are finally paid to the Loan Account as provided hereinAgent or any Lender, and may record therein, in accordance with customary accounting practice, other debits and credits, including interest and all other charges and expenses properly chargeable to Borrowers under the Loan Documents if Borrowers have not paid the same when dueBorrower.

Appears in 4 contracts

Samples: Loan and Security Agreement (Houston Wire & Cable CO), Loan and Security Agreement (Houston Wire & Cable CO), Loan and Security Agreement (Eagle Pacific Industries Inc/Mn)

Loan Account. Agent shall enter all Loans as debits to a loan account (the "Loan Account") and shall also record in the Loan Account all payments made by Borrowers Borrower on any Obligations and all other amounts credited proceeds of Collateral which are finally paid to the Loan Account as provided hereinAgent, and may record therein, in accordance with customary accounting practice, other debits and credits, including interest and all other charges and expenses properly chargeable to Borrowers under the Borrower pursuant to this Agreement or any other Loan Documents if Borrowers have not paid the same when dueDocument.

Appears in 3 contracts

Samples: Loan and Security Agreement (Mobile Mini Inc), Loan and Security Agreement (Mobile Mini Inc), Loan and Security Agreement (Woods Equipment Co)

Loan Account. Agent shall enter all Loans as debits to a loan an account evidencing such Loans (the "Loan Account") and shall also record in the Borrower's Loan Account all payments made by Borrowers Borrower on any Obligations and all other amounts credited proceeds of Collateral which are finally paid to the Loan Account as provided hereinAgent, and may record therein, in accordance with customary accounting practice, other debits and credits, including interest and all other charges and expenses properly chargeable to Borrowers under the Loan Documents if Borrowers have not paid the same when dueBorrower.

Appears in 3 contracts

Samples: Loan and Security Agreement (Nations Flooring Inc), Loan and Security Agreement (Nations Flooring Inc), Loan and Security Agreement (Executone Information Systems Inc)

Loan Account. Agent shall enter all Loans as debits to a loan account (the "Loan Account") Account and shall also record in the Loan Account all payments made by Borrowers Borrower on any Obligations and all other amounts credited proceeds of Collateral which are finally paid to the Loan Account as provided hereinAgent, and may record therein, in accordance with customary accounting practice, other debits and credits, including interest and all other charges and expenses properly chargeable to Borrowers under the Loan Documents if Borrowers have not paid the same when dueBorrower.

Appears in 3 contracts

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

Loan Account. Agent shall enter all Loans as debits to a loan account (the "Loan Account") and shall also record in the Loan Account all payments made by Co-Borrowers on any Obligations and all other amounts credited proceeds of Collateral which are finally paid to the Loan Account as provided hereinAgent, and may record therein, in accordance with customary accounting practice, other debits and credits, including interest and all other charges and expenses properly chargeable to Borrowers under the Loan Documents if Borrowers have not paid the same when dueCo-Borrowers.

Appears in 3 contracts

Samples: Loan and Security Agreement (Pw Eagle Inc), Loan and Security Agreement (Pw Eagle Inc), Loan and Security Agreement (Pw Eagle Inc)

Loan Account. Agent shall enter all Loans as debits to a loan account (the "Loan Account") and shall also record in the Loan Account all payments made by Borrowers on any Obligations and all other amounts credited proceeds of Collateral which are finally paid to the Loan Account as provided hereinAgent, and may record therein, in accordance with customary accounting practice, other debits and credits, including interest and all other charges and expenses properly chargeable to Borrowers under the Loan Documents if Borrowers have not paid the same when dueBorrowers.

Appears in 3 contracts

Samples: Loan and Security Agreement (Pw Eagle Inc), Loan and Security Agreement (D & K Healthcare Resources Inc), Loan and Security Agreement (D & K Healthcare Resources Inc)

Loan Account. Agent shall enter all Loans as debits to one or more loan accounts (each, a loan account (the "Loan Account") and shall also record in the Loan Account all payments made by Borrowers each Borrower on any Obligations and all other amounts credited proceeds of Collateral which are finally paid to the Loan Account as provided hereinAgent, and may record therein, in accordance with customary accounting practice, other debits and credits, including interest and all other charges and expenses properly chargeable to Borrowers under the Loan Documents if Borrowers have not paid the same when dueeach Borrower.

Appears in 2 contracts

Samples: Loan and Security Agreement (Kinetek Inc), Loan and Security Agreement (Kinetek Inc)

Loan Account. Agent shall enter all Loans as debits to a loan account (the "Loan Account") and shall also record in the Loan Account all payments made by Borrowers on any Obligations and all other amounts credited proceeds of Collateral which are finally paid to the Loan Account as provided hereinAgent, and may record therein, in accordance with customary accounting practice, other debits and credits, including interest and all other charges and expenses properly chargeable to Borrowers under the Loan Documents if Borrowers have not paid the same when dueBorrower.

Appears in 2 contracts

Samples: Loan and Security Agreement (Velocity Express Corp), Loan and Security Agreement (Velocity Express Corp)

Loan Account. Agent shall enter all Loans as debits to one or more loan accounts (each, a loan account (the "Loan Account") and shall also record in the appropriate Loan Account all payments made by Borrowers each Borrower on any Obligations and all other amounts credited proceeds of Collateral which are finally paid to the Loan Account as provided hereinAgent, and may record therein, in accordance with customary accounting practice, other debits and credits, including interest and all other charges and expenses properly chargeable to Borrowers under the Loan Documents if Borrowers have not paid the same when dueeach Borrower.

Appears in 2 contracts

Samples: Loan and Security Agreement (Falcon Products Inc /De/), Loan and Security Agreement (Falcon Products Inc /De/)

Loan Account. Agent shall enter all Loans as debits to a loan account (the "Loan Account") Account and shall also record in the Loan Account all payments made by Borrowers on any Obligations and all other amounts credited proceeds of Collateral which are paid to the Loan Account as provided hereinAgent and/or Lenders, and may record therein, in accordance with customary accounting practice, other debits and credits, including interest and all other charges and expenses properly chargeable to Borrowers under the Loan Documents if Borrowers have not paid the same when dueBorrowers.

Appears in 2 contracts

Samples: Loan and Security Agreement (Gulfside Supply, Inc.), Loan and Security Agreement (Eagle Supply Group Inc)

Loan Account. Agent shall enter all Loans as debits to a loan account (the "Loan Account") and shall also record in the Loan Account all payments made by Borrowers any Borrower on any Obligations and all other amounts credited proceeds of Collateral which are finally paid to the Loan Account as provided hereinAgent, and may record therein, in accordance with customary accounting practice, other debits and credits, including interest and all other charges and expenses properly chargeable to Borrowers under the Loan Documents if Borrowers have not paid the same when dueBorrowers.

Appears in 2 contracts

Samples: Loan and Security Agreement (Mfri Inc), Loan and Security Agreement (Mfri Inc)

Loan Account. Agent shall enter all Loans as debits to a loan account (the "Loan Account") Account and shall also record in the Loan Account all payments made by Borrowers Borrower on any Obligations the Loans and all other amounts credited proceeds of Collateral which are finally paid to the Loan Account as provided hereinLenders, and may record therein, in accordance with customary accounting practice, other debits and credits, including interest and all other charges and expenses properly chargeable to Borrowers under the Loan Documents if Borrowers have not paid the same when dueBorrower hereunder.

Appears in 2 contracts

Samples: Loan and Security Agreement (Brazos Sportswear Inc /De/), Loan and Security Agreement (Brazos Sportswear Inc /De/)

Loan Account. Agent shall enter all Loans as debits to a loan account (the "Loan Account") Account and shall also record in the Loan Account all payments made by Borrowers on any Obligations and all other amounts credited proceeds of Collateral which are finally paid to the Loan Account as provided hereinAgent, and may record therein, in accordance with customary accounting practice, other debits and credits, including interest and all other charges and expenses properly chargeable to Borrowers under the Loan Documents if Borrowers have not paid the same when dueBorrowers.

Appears in 1 contract

Samples: Loan and Security Agreement (Ramsay Health Care Inc)

Loan Account. Agent shall enter all Loans as debits to a loan account (the "Loan Account") and shall also record in the Loan Account all payments made by Borrowers on any Obligations and all other amounts credited proceeds of Collateral which are finally paid to the Loan Account as provided hereinAgent, and may record therein, in accordance with customary accounting practice, other debits and credits, including interest and all other charges and expenses properly chargeable to Borrowers. Agent shall provide Borrowers under the with reasonable access to such Loan Documents if Borrowers have not paid the same when dueAccount for Borrowers’ review.

Appears in 1 contract

Samples: Loan and Security Agreement (Rewards Network Inc)

Loan Account. Agent shall enter all Loans as debits to a loan account (the "Loan Account") and shall also record in the Loan Account all payments made by Borrowers Borrower on any Obligations and all other amounts credited proceeds of Collateral which are finally paid to Agent for the Loan Account as provided hereinratable benefit of Lenders, and may record therein, in accordance with customary accounting practice, other debits and credits, including interest and all other charges and expenses properly chargeable to Borrowers under the Loan Documents if Borrowers have not paid the same when dueBorrower.

Appears in 1 contract

Samples: Loan and Security Agreement (Color Spot Nurseries Inc)

Loan Account. Agent shall enter all Loans as debits to a loan account (the "Loan Account") Account and shall also record in the Loan Account as credits all payments made by Borrowers on any Obligations and all other amounts credited proceeds of Collateral which are finally paid to the Loan Account as provided hereinAgent, for its own account or Lenders' benefit, and may record therein, in accordance with customary accounting practice, other debits and credits, including interest and all other charges and expenses properly chargeable to Borrowers under the Loan Documents if Borrowers have not paid the same when dueand any other Obligation.

Appears in 1 contract

Samples: Loan and Security Agreement (Factory Card Outlet Corp)

Loan Account. Agent shall enter all Loans as debits to a loan account (the "Loan Account") and shall also record in the Loan Account all payments made by Borrowers on any Obligations and all other amounts credited proceeds of Collateral which are finally paid to the Loan Account as provided hereinAgent, and may record therein, in accordance with customary accounting practice, other debits and credits, including interest and all other charges and expenses properly chargeable to Borrowers under the Borrower pursuant to this Agreement or any other Loan Documents if Borrowers have not paid the same when dueDocument.

Appears in 1 contract

Samples: Loan and Security Agreement (Mobile Mini Inc)

Loan Account. Agent shall enter all Loans each Revolving Credit Loan as debits a debit to a loan account (the "Loan Account") Account and shall also record in the Loan Account all payments made by Borrowers Borrower on any Obligations Revolving Credit Loans and all other amounts credited proceeds of Collateral which are finally paid to the Loan Account as provided hereinAgent or Lenders, and may record therein, in accordance with customary accounting practice, other debits and credits, including interest and all other charges and expenses properly chargeable to Borrowers under the Loan Documents if Borrowers have not paid the same when dueBorrower hereunder.

Appears in 1 contract

Samples: Loan and Security Agreement (Microwave Power Devices Inc)

Loan Account. Agent shall enter all Loans as debits to a loan account (the "Loan Account") and shall also record in the Loan Account all payments made by Borrowers on any Obligations and all other amounts credited proceeds of Collateral which are paid to the Loan Account as provided hereinAgent, and may record therein, in accordance with customary accounting practice, other debits and credits, including interest and all other charges and expenses properly chargeable to Borrowers under the pursuant to this Agreement or any other Loan Documents if Borrowers have not paid the same when dueDocument.

Appears in 1 contract

Samples: Financing and Security Agreement (Henry Co)

Loan Account. Agent shall enter all Revolving Credit Loans as debits to a loan account (the "Loan Account") Account and shall also record in the Loan Account all payments made by Borrowers on any Obligations and all other amounts credited proceeds of Collateral which are finally paid to the Loan Account as provided hereinLenders, and may record therein, in accordance with customary accounting practice, other debits and credits, including interest and all other charges and expenses properly chargeable to Borrowers under the Loan Documents if Borrowers have not paid the same when dueBorrowers.

Appears in 1 contract

Samples: Loan and Security Agreement (Gentiva Health Services Inc)

Loan Account. Agent shall enter all Loans as debits to a loan account (the "Loan Account") and shall also record in the Loan Account all payments made by Borrowers on any Obligations and all other amounts credited proceeds of Collateral which are finally paid to Agent for the Loan Account as provided hereinratable benefit of Agent and Lenders, and may record therein, in accordance with customary accounting practice, other debits and credits, including interest and all other charges and expenses properly chargeable to Borrowers under the Loan Documents if Borrowers have not paid the same when dueBorrowers.

Appears in 1 contract

Samples: Loan and Security Agreement (Integra Lifesciences Corp)

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Loan Account. Agent shall enter all Loans as debits to a loan account (the "Loan Account") and shall also record in the Loan Account all payments made by Borrowers any Borrower on any Obligations and all other amounts credited proceeds of Collateral which are finally paid to the Loan Account as provided hereinAgent, and may record therein, in accordance with customary accounting practice, other debits and credits, including interest and all other charges and expenses properly chargeable to Borrowers under the Loan Documents if Borrowers have not paid the same when due.Borrowers. 13

Appears in 1 contract

Samples: Loan and Security Agreement (Mfri Inc)

Loan Account. Agent shall enter all Loans by a Borrower as debits to a loan account (the "------------ such Borrower's Loan Account") Account and shall also record in the Loan Account all payments made by Borrowers such Borrower on any Obligations and all other amounts credited proceeds of Collateral which are finally paid to the Loan Account as provided hereinAgent and Lenders, and may record therein, in accordance with customary accounting practice, other debits and credits, including interest and all other charges and expenses properly chargeable to Borrowers under the Loan Documents if Borrowers have not paid the same when duesuch Borrower.

Appears in 1 contract

Samples: Loan and Security Agreement (Restoration Hardware Inc)

Loan Account. Agent shall enter all Loans as debits to a loan account (the "Loan Account") and shall also record in the Loan Account all payments made by Borrowers on any Obligations and all other amounts credited proceeds of Collateral which are finally paid to the Loan Account as provided hereinAgent, and may record therein, in accordance with customary accounting practice, other debits and credits, including interest and all other charges and expenses properly chargeable to Borrowers under the pursuant to this Agreement or any other Loan Documents if Borrowers have not paid the same when dueDocument.

Appears in 1 contract

Samples: Loan and Security Agreement (Restoration Hardware Inc)

Loan Account. Agent shall enter all Loans as debits to a loan account (the "Loan Account") and shall also record in the Loan Account all payments made by Borrowers on any Obligations and all other amounts credited to the Loan Account as provided herein, and may record therein, in accordance with customary accounting practice, other debits and credits, including interest and all other charges and expenses properly chargeable to Borrowers under the Loan Documents if Borrowers have not paid the same when due.

Appears in 1 contract

Samples: Loan and Security Agreement (Century Aluminum Co)

Loan Account. Agent shall enter all Loans as debits to a loan account (the "Loan Account") Account and shall also record in the Loan Account all payments made by Borrowers Borrower on any Obligations and all other amounts credited to the Loan Account as provided herein, and may record therein, in accordance with customary accounting practice, other debits and credits, including interest and all other charges and expenses properly chargeable to Borrowers under the Loan Documents if Borrowers have not paid the same when dueBorrower.

Appears in 1 contract

Samples: Term Loan Agreement (Drypers Corp)

Loan Account. Agent shall enter all Loans as debits to a loan account (the "Loan Account") Account and shall also record in the Loan Account all payments made by Borrowers Borrower on any Obligations and all other amounts credited proceeds of Collateral which are finally paid to the Loan Account as provided hereinLenders, and may record therein, in accordance with customary accounting practice, other debits and credits, including interest and all other charges and expenses properly chargeable to Borrowers under the Loan Documents if Borrowers have not paid the same when dueBorrower.

Appears in 1 contract

Samples: Loan and Security Agreement (Gentiva Health Services Inc)

Loan Account. Agent shall enter all Loans as debits to one or more loan accounts (each, a loan account (the "Loan Account") and shall also record in the appropriate Loan Account all payments made by Borrowers each Borrower on any Obligations obligations and all other amounts credited proceeds of Collateral which are finally paid to the Loan Account as provided hereinAgent, and may record therein, in accordance with customary accounting practice, other debits and credits, including interest and all other charges and expenses properly chargeable to Borrowers under the Loan Documents if Borrowers have not paid the same when dueeach Borrower.

Appears in 1 contract

Samples: Loan and Security Agreement (Falcon Products Inc /De/)

Loan Account. Agent shall establish an account on its books (the "Loan Account") and shall enter all Loans as debits to a loan account (the "Loan Account") Account and shall also record in the Loan Account all payments made by Borrowers Borrower on any Obligations and all other amounts credited proceeds of Collateral which are finally paid to the Loan Account as provided hereinAgent, and may record therein, in accordance with customary accounting practice, other debits and credits, including interest and all other charges and expenses properly chargeable to Borrowers under the Loan Documents if Borrowers have not paid the same when dueBorrower.

Appears in 1 contract

Samples: Loan and Security Agreement (Industrial Data Systems Corp)

Loan Account. Agent shall enter all Loans (other than Letter of Credit fees as provided in Section 2.1.4 above) by a Borrower as debits to a loan account (the "such Borrower's Loan Account") Account and shall also record in the Loan Account all payments made by Borrowers such Borrower on any Obligations and all other amounts credited proceeds of Collateral which are finally paid to the Loan Account as provided hereinAgent and Lenders, and may record therein, in accordance with customary accounting practice, other debits and credits, including interest and all other charges and expenses properly chargeable to Borrowers under the Loan Documents if Borrowers have not paid the same when duesuch Borrower.

Appears in 1 contract

Samples: Loan and Security Agreement (Restoration Hardware Inc)

Loan Account. Agent shall enter all Loans as debits to a loan account (the "Loan Account") and shall also record in the Loan Account all payments made by Borrowers Borrower on any Obligations and all other amounts credited proceeds of Collateral which are finally paid to the Loan Account as provided herein, Agent. and may record therein, in accordance with customary accounting practice, other debits and credits, including interest and all other charges and expenses properly chargeable to Borrowers under the Borrower pursuant to this Agreement or any other Loan Documents if Borrowers have not paid the same when dueDocument.

Appears in 1 contract

Samples: Loan and Security Agreement (Borden Chemicals & Plastics Limited Partnership /De/)

Loan Account. Agent on behalf of each Lender shall enter all Loans as debits to a loan account (the "Loan Account") Account and shall also record in the Loan Account all payments made by Borrowers on any Obligations and all other amounts credited proceeds of Collateral which are finally paid to Agent for the Loan Account as provided hereinaccount of each Lender, and may record therein, in accordance with customary accounting practice, other debits and credits, including interest and all other charges and expenses properly chargeable to Borrowers under this Agreement and the other Loan Documents if Borrowers have not paid the same when dueDocuments.

Appears in 1 contract

Samples: Loan and Security Agreement (United Natural Foods Inc)

Loan Account. Agent shall enter all Loans as debits to a loan account (the "Loan Account") and shall also record in the Loan Account all payments made by Borrowers on any Obligations and all other amounts credited proceeds of Collateral which are finally paid to the Loan Account as provided hereinAgent, and may record therein, in accordance with customary accounting practice, other debits and credits, including interest and all other charges and expenses properly chargeable to Borrowers under the pursuant to this Agreement or any other Loan Documents if Borrowers have not paid the same when dueDocument.

Appears in 1 contract

Samples: Loan and Security Agreement (Restoration Hardware Inc)

Loan Account. Agent shall enter all Loans as debits to a loan account (the "Loan Account") and shall also record in the Loan Account all payments made by Borrowers on any Obligations and all other amounts credited proceeds of Collateral which are finally paid to the Loan Account as provided hereinAgent, and may record therein, in accordance with customary accounting practice, other debits and credits, including interest and all other charges and expenses properly chargeable to Borrowers under the Loan Documents if Borrowers have not paid the same when dueBorrowers.

Appears in 1 contract

Samples: Loan and Security Agreement (Cambium Learning Group, Inc.)

Loan Account. Agent shall enter all Loans as debits to a loan account (the "Loan Account") Account and shall also record in the Loan Account all payments made by Borrowers on any Obligations the Loans and all other amounts credited proceeds of Collateral which are finally paid to the Loan Account as provided hereinLenders, and may record therein, in accordance with customary accounting practice, other debits and credits, including interest and all other charges and expenses properly chargeable to Borrowers under the Loan Documents if Borrowers have not paid the same when duehereunder.

Appears in 1 contract

Samples: Loan and Security Agreement (Brazos Sportswear Inc /De/)

Loan Account. Agent shall enter all Loans as debits to a loan account ------------ (the "Loan Account") and shall also record in the Loan Account all payments made by Borrowers on any Obligations and all other amounts credited proceeds of Collateral which are finally paid to the Loan Account as provided hereinAgent, and may record therein, in accordance with customary accounting practice, other debits and credits, including interest and all other charges and expenses properly chargeable to Borrowers under the Loan Documents if Borrowers have not paid the same when dueBorrower.

Appears in 1 contract

Samples: Loan and Security Agreement (Velocity Express Corp)

Loan Account. Agent shall enter all Loans as debits to a loan account (the "Loan Account") Account and shall also record in the Loan Account all payments made by Borrowers Borrower on any Obligations and all other amounts credited proceeds of Collateral which are finally paid to Agent, for the Loan Account as provided hereinbenefit of the Lenders, and may record therein, in accordance with customary accounting practice, other debits and credits, including interest and all other charges and expenses properly chargeable to Borrowers under the Loan Documents if Borrowers have not paid the same when dueBorrower.

Appears in 1 contract

Samples: Credit Agreement (Drypers Corp)

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