Common use of Monthly Accountings Clause in Contracts

Monthly Accountings. Lender may provide Borrower monthly with an account of advances, charges, expenses and payments made pursuant to this Agreement. Such account shall be deemed correct, accurate and binding on Borrower and an account stated (except for reverses and reapplications of payments made and corrections of errors discovered by Lender), unless Borrower notifies Lender in writing to the contrary within 60 days after such account is rendered, describing the nature of any alleged errors or omissions.

Appears in 13 contracts

Samples: PMC Financial (Project Clean, Inc.), PMC Financial (Project Clean, Inc.), Loan and Security Agreement

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Monthly Accountings. Lender may shall provide Borrower monthly with an account of advances, charges, expenses and payments made pursuant to this Agreement. Such account shall be deemed correct, accurate and binding on Borrower and an account stated (except for reverses and reapplications of payments made and corrections of errors discovered by Lender), unless Borrower notifies Lender in writing to the contrary within 60 days after such account is rendered, describing the nature of any alleged errors or omissions.

Appears in 3 contracts

Samples: Security Agreement (On Deck Capital, Inc.), Security Agreement (On Deck Capital Inc), Security Agreement (On Deck Capital Inc)

Monthly Accountings. Lender may provide Borrower monthly with an account of advances, charges, expenses and payments made pursuant to this Agreement. Such account shall be deemed correct, accurate and binding on Borrower and an account stated (except for reverses and reapplications of payments made and corrections of errors discovered by Lender), unless Borrower notifies Lender in writing to the contrary within 60 days after such account is rendered, describing the nature of any alleged errors or omissionsabsent manifest error.

Appears in 3 contracts

Samples: Loan and Security Agreement (Talend SA), Loan and Security Agreement (Talend SA), Loan and Security Agreement (Talend SA)

Monthly Accountings. Lender may provide Borrower monthly with an account a copy of the Loan Account that reflects all advances, charges, expenses and payments made pursuant to this Agreement. Such account Loan Account shall be deemed correct, accurate and binding on Borrower and an account stated (except for reverses and reapplications of payments made and corrections of errors discovered by Lender), unless Borrower notifies Lender in writing to the contrary within 60 sixty (60) days after such account each Loan Account is rendered, describing the nature of any alleged errors or omissions.

Appears in 3 contracts

Samples: Revolving Loan and Security Agreement, Revolving Loan and Security Agreement (Amphastar Pharmaceuticals, Inc.), Revolving Loan and Security Agreement (Amphastar Pharmaceuticals, Inc.)

Monthly Accountings. Lender may shall provide Borrower monthly with an account of advances, charges, expenses and payments made pursuant to this Agreement. Such account shall be deemed correct, correct accurate and binding on Borrower and an account stated (except for reverses and reapplications of payments made and corrections of errors discovered by Lender), unless Borrower notifies Lender in writing to the contrary within 60 thirty (30) days after such each account is rendered, describing the nature of any alleged errors or omissions.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Homeseekers Com Inc), Revolving Credit Agreement (Fidelity National Financial Inc /De/)

Monthly Accountings. Lender may Bank shall provide Borrower monthly with an account of advances, charges, expenses and payments made pursuant to this Agreement. Such account shall be deemed correct, accurate and binding on Borrower and an account stated (except for reverses and reapplications of payments made and corrections of errors discovered by LenderBank), unless Borrower notifies Lender Bank in writing to the contrary within 60 days after such account is rendered, describing the nature of any alleged errors or omissions.

Appears in 2 contracts

Samples: Loan and Security Agreement (Redback Networks Inc), Loan and Security Agreement (Redback Networks Inc)

Monthly Accountings. Lender may Bank shall provide Borrower monthly with an account of advances, charges, expenses and payments made pursuant to this Agreement. Such account shall be deemed correct, accurate and binding on Borrower and an account stated (except for reverses and reapplications of payments made and corrections of errors discovered by LenderBank), unless Borrower notifies Lender Bank in writing to the contrary within 60 sixty (60) days after such account is rendered, describing the nature of any alleged errors or omissions.

Appears in 2 contracts

Samples: Loan and Security Agreement (Fiberstars Inc /Ca/), Loan and Security Agreement (Fiberstars Inc /Ca/)

Monthly Accountings. Lender may provide Borrower monthly with an account of advances, charges, expenses and payments made pursuant to this Agreement. Such account shall be deemed correct, accurate and binding on Borrower and an account stated (except for reverses and reapplications of payments made and corrections of errors discovered by Lender), unless Borrower notifies Lender in writing to the contrary within 60 days after such account is rendered, describing the nature of any alleged errors or omissions.. 9.5

Appears in 1 contract

Samples: Loan and Security Agreement (CalAmp Corp.)

Monthly Accountings. Lender may provide Borrower monthly with an account of advances, charges, expenses and payments made pursuant to this Agreement. Such account shall be deemed correct, accurate and binding on Borrower and an account stated (except for reverses and reapplications of payments made and corrections of errors discovered by LenderLxxxxx), unless Borrower notifies Lender in writing to the contrary within 60 days after such account is rendered, describing the nature of any alleged errors or omissions.

Appears in 1 contract

Samples: Loan and Security Agreement (Simply, Inc.)

Monthly Accountings. Lender may shall, upon written request from Borrower, provide Borrower monthly with an account of advances, charges, expenses and payments made pursuant to this Agreement. Such account shall be deemed correct, accurate and binding bind­ing on Borrower and an account stated (except for reverses and reapplications of payments made and corrections of errors er­rors discovered by Lender), unless Borrower notifies Lender in writing to the contrary within 60 days after such account is rendered, describing the nature of any alleged al­leged errors or omissions.

Appears in 1 contract

Samples: Loan and Security Agreement (Reeds Inc)

Monthly Accountings. Lender may will provide Borrower monthly with an ------------------- account of advances, charges, expenses and payments made pursuant to this Agreement. Such account shall be deemed correct, accurate and binding on Borrower and an account stated (except for reverses and reapplications of payments made and corrections of errors discovered by Lender), unless Borrower notifies Lender in writing to the contrary within 60 thirty (30) days after such each account is rendered, describing the nature of any alleged errors or omissions.

Appears in 1 contract

Samples: Finova Loan and Security Agreement (Ameritruck Distribution Corp)

Monthly Accountings. Borrower shall provide Lender may provide Borrower monthly with an account of advances, charges, expenses and payments made pursuant to this Agreement. Such account shall be deemed correct, accurate and binding on Borrower and an account stated (except for reverses and reapplications of payments made and corrections of errors discovered by Lender), unless Borrower notifies Lender in writing to the contrary within 60 thirty (30) days after such each account is rendered, describing the nature of any alleged errors or omissions.

Appears in 1 contract

Samples: Loan and Security Agreement (Netlojix Communications Inc)

Monthly Accountings. Lender may shall provide Borrower monthly with an account of advances, charges, expenses and payments made pursuant to this Agreement. Such account shall be deemed correct, accurate and binding on Borrower and an account stated (except for reverses and reapplications reapplications; of payments made and corrections correction of errors discovered by Lendermanifest error in calculation), unless Borrower notifies Lender in writing to the contrary within 60 sixty (60) days after such each account is rendered, describing the nature of any alleged errors or omissions.

Appears in 1 contract

Samples: Loan and Security Agreement (Rockford Corp)

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Monthly Accountings. Lender may provide Borrower monthly with an account of advances, charges, expenses and payments made pursuant to this AgreementAgreement and shall, upon the request of Borrower, promptly provide such accounts to Borrower. Such account shall be deemed correct, accurate and binding on Borrower and an account stated (except for reverses and reapplications of payments made and corrections of errors discovered by LenderLender or manifest errors), unless Borrower notifies Lender in writing to the contrary within 60 days after such account is rendered, describing the nature of any alleged errors or omissions.

Appears in 1 contract

Samples: Loan and Security Agreement (Xplore Technologies Corp)

Monthly Accountings. Lender may provide Borrower monthly with an account of advances, charges, expenses and payments made pursuant to this Agreement. Such account shall be deemed correct, accurate and binding on Borrower and an account stated (except for reverses and reapplications of payments made and corrections of errors discovered by Lender), unless Borrower notifies Lender in writing to the contrary within 60 days after such account is rendered, describing the nature of any alleged errors or omissions.payments

Appears in 1 contract

Samples: Loan and Security Agreement (Modiv Inc.)

Monthly Accountings. Lender may will provide Borrower Borrowers monthly with an account of advances, charges, expenses and payments made pursuant to this Agreement. Such account shall be deemed correct, accurate and binding on Borrower Borrowers and an account stated (except for reverses and reapplications of payments made and corrections of errors discovered by Lender), unless any Borrower notifies Lender in writing to the contrary within 60 thirty (30) days after such each account is rendered, describing the nature of any alleged errors or omissions.

Appears in 1 contract

Samples: Loan and Security Agreement (Core Technologies Pennsylvania Inc)

Monthly Accountings. Lender may Lenders shall provide Borrower monthly with an account of advances, charges, expenses and payments made pursuant to this Agreement. Such account shall be deemed correct, accurate and binding on Borrower and an account stated (except for reverses and reapplications of payments made and corrections of errors discovered by LenderLenders), unless Borrower notifies Lender Lenders in writing to the contrary within 60 thirty days after such each account is rendered, describing the nature of any alleged errors or omissionsadmissions.

Appears in 1 contract

Samples: Security Agreement (Intelligent Medical Imaging Inc)

Monthly Accountings. Lender may shall provide Borrower monthly with ------------------- an account of advancesRevolver Advances, charges, expenses and payments made pursuant to this Revolver Loan Agreement. Such account shall be deemed correct, accurate and binding on Borrower and an account stated (except for reverses and reapplications of payments made and corrections of errors discovered by Lender), unless Borrower notifies Lender in writing to the contrary within 60 thirty days after such each account is rendered, rendered describing the nature of any alleged errors or omissions.

Appears in 1 contract

Samples: Loan and Security Agreement (CPS Systems Inc)

Monthly Accountings. Lender may will provide Borrower monthly with an account of advances, charges, expenses and payments made pursuant to this Agreement. Such account shall be deemed correct, accurate and binding on Borrower and an account stated (except for reverses and reapplications of payments made and corrections of errors discovered by Lender), unless Borrower notifies Lender in writing to the contrary within 60 thirty (30) days after such each account is rendered, describing the nature of any alleged errors or omissions.

Appears in 1 contract

Samples: Finova Loan and Security Agreement (Glasgal Communications Inc)

Monthly Accountings. Lender may provide Borrower monthly with an account of advances, charges, expenses and payments made pursuant to this Agreement. Such account shall be deemed correct, accurate and binding bind‐ing on Borrower and an account stated (except for reverses and reapplications of payments made and corrections of errors discovered by Lender), unless Borrower notifies Lender in writing to the contrary within 60 thirty (30) days after such account is rendered, describing the nature of any alleged errors or omissions.

Appears in 1 contract

Samples: Loan and Security Agreement (Yunhong CTI Ltd.)

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