Common use of Negotiate Items Clause in Contracts

Negotiate Items. To draw, endorse, and discount with Bank all drafts, trade acceptances, promissory notes, or other evidences of indebtedness payable to or belonging to the Corporation or in which the Corporation may have an interest, and either to receive cash for the same or to cause such proceeds to be credited to the account of the Corporation with Bank, or to cause such other disposition of the proceeds derived therefrom as they may deem advisable.

Appears in 4 contracts

Samples: Loan and Security Agreement (QUICKLOGIC Corp), Loan and Security Agreement (Nuko Information Systems Inc /Ca/), Loan and Security Agreement (Seeq Technology Inc)

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Negotiate Items. To draw, endorse, and discount with Bank all drafts, trade acceptances, promissory notes, or other evidences of indebtedness payable to or belonging to the Corporation Borrower or in which the Corporation Borrower may have an interest, and either to receive cash for the same or to cause such proceeds to be credited to the account of the Corporation Borrower with Bank, or to cause such other disposition of the proceeds derived therefrom as they may deem advisable.

Appears in 1 contract

Samples: Loan and Security Agreement (Sage Inc/Ca)

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Negotiate Items. To draw, endorse, and discount with Bank Lender all drafts, trade acceptancesacceptions, promissory notes, or other evidences of indebtedness payable to or belonging to the Corporation or in which the Corporation may have an interest, and either to receive cash for the same or to cause such proceeds to be the credited to the Corporation's account of the Corporation with BankLender, or to cause such other disposition of the proceeds derived therefrom as they no or one may deem advisable.

Appears in 1 contract

Samples: Security Agreement (Pyramid Breweries Inc)

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