Returns and Repossessions. Debtor shall promptly notify Lender of the return to or repossession by Debtor of goods underlying any Collateral and Debtor shall hold and dispose of them only as Lender directs.
Returns and Repossessions. Borrower shall notify Lender within five (5) business days of occurrence of all material claims asserted by Account Debtors.
Returns and Repossessions. Debtor shall promptly notify Secured Party of the return to or repossession by Debtor of any Collateral and Debtor shall hold and dispose of them only as Secured Party directs.
Returns and Repossessions. Prior to the occurrence of a Default or Unmatured Default, the Borrower may grant, in the ordinary course of business, to any Account Debtor, any rebate, refund or adjustment to which such Account Debtor may be lawfully entitled and may accept, in connection therewith, the return of Goods, the sale or lease of which shall have given rise to the obligation of the Account Debtor, subject, however, to the Bank’s security interest therein and in any Proceeds arising from the disposition thereof. After the occurrence of a Default or an Unmatured Default, no discount, credit or allowance shall be granted by the Borrower to any Account Debtor, and no return of Goods shall be accepted by the Borrower without the Bank’s prior written consent.
Returns and Repossessions. Guarantor shall promptly notify Lender of the return to or repossession by Guarantor of any Collateral and Guarantor shall hold and dispose of same only in the ordinary course of business.
Returns and Repossessions. Each Guarantor shall notify Lender within five (5) business days of the occurrence of all material claims asserted by Account Debtors.
Returns and Repossessions. 12 Section 5.4. Borrowing Base Reports .................................. 12 Section 5.5.
Returns and Repossessions. Debtor shall promptly notify NBD of the return to or repossession by Debtor of goods underlying any Collateral and if requested by NBD, Debtor shall hold and dispose of them only as NBD directs.
Returns and Repossessions. Borrowers shall notify Bank within ------------------------- three (3) Business Days of occurrence of all returns, repossessions, and recoveries of merchandise and of all claims asserted by account debtors in excess of Two Hundred Fifty Thousand and 00/100 Dollars ($250,000.00) per month in the aggregate.
Returns and Repossessions. 13 SECTION 5.4.
