Common use of Method of Transfer Clause in Contracts

Method of Transfer. Working Capital Loans will be made by DFS, at Borrower's direction, by paper check, electronic transfer by Automated Clearing House ("ACH"), Fed Wire Funds Transfer ("FED WIRE") or such other electronic means as DFS may announce from time to time (ACH, Fed Wire and such other electronic transfer are collectively referred to as "ELECTRONIC TRANSFERS"). If Borrower does not request a Working Capital Loan be made in a specific method of transfer, DFS may determine from time to time in its sole discretion what method of transfer to use.

Appears in 2 contracts

Samples: Credit and Security Agreement (Pomeroy Select Integration Solutions Inc), Credit and Security Agreement (Pomeroy Computer Resources Inc)

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Method of Transfer. Working Capital Loans will be made by DFS, at Borrower's direction, by paper check, electronic transfer by Automated Clearing House ("ACH"), Fed Wire Funds Transfer ("FED WIREFed Wire") or such other electronic means as DFS may announce from time to time (ACH, Fed Wire and such other electronic transfer are collectively referred to as "ELECTRONIC TRANSFERSElectronic Transfers"). If Borrower does not request a Working Capital Loan be made in a specific method of transfer, DFS may determine from time to time in its sole discretion what method of transfer to use.

Appears in 2 contracts

Samples: Credit and Security Agreement (Creative Computers Inc), Credit and Security Agreement (Creative Computers Inc)

Method of Transfer. Working Capital Revolving Credit Loans will be made by DFS, at Borrower's direction, by paper check, electronic transfer by Automated Clearing House ("ACH"), Fed Wire Funds Transfer ("FED WIREFed Wire") or such other electronic means as DFS may announce from time to time (ACH, Fed Wire and such other electronic transfer are collectively referred to as "ELECTRONIC TRANSFERSElectronic Transfers"). If Borrower does not request a Working Capital Revolving Credit Loan be made in a specific method of transfer, DFS may determine from time to time in its sole discretion what method of transfer to use.

Appears in 1 contract

Samples: Loan and Security Agreement (Rdo Equipment Co)

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Method of Transfer. Working Capital Loans will be made by ------------------ DFS, at Borrower's direction, by paper check, electronic transfer by Automated Clearing House ("ACH"), Fed Wire Funds Transfer ("FED WIREFed Wire") or such other --- -------- electronic means as DFS may announce from time to time (ACH, Fed Wire and such other electronic transfer are collectively referred to as "ELECTRONIC TRANSFERSElectronic ---------- Transfers"). If Borrower does not request a Working Capital Loan be made in a specific method of transfer, DFS may determine from time to time in its sole discretion what method of transfer to use.

Appears in 1 contract

Samples: Credit and Security Agreement (Pomeroy Computer Resources Inc)

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