Common use of Request for Advances Clause in Contracts

Request for Advances. During the Facility Period, Borrower may offer accounts receivable to Bank and request that the Bank finance such accounts receivables, if there is not an Event of Default. Borrower will deliver an Invoice Transmittal for each accounts receivable it offers. Bank may rely on information on or with the Invoice Transmittal.

Appears in 8 contracts

Sources: Accounts Receivable Financing Agreement (Satcon Technology Corp), Accounts Receivable Financing Agreement (Greenfield Online Inc), Accounts Receivable Financing Agreement (Navisite Inc)

Request for Advances. During the Facility Period, Borrower may offer accounts receivable to Bank and request that the Bank finance such accounts receivablesBank, if there is not an Event of Default. Borrower will deliver an Invoice Transmittal for each accounts receivable it offers. Bank may rely on information on or with the Invoice invoice Transmittal.

Appears in 1 contract

Sources: Accounts Receivable Financing Agreement (Aml Communications Inc)