Common use of The Loan Account Clause in Contracts

The Loan Account. (a) An account (hereinafter, the "LOAN ACCOUNT") may be opened on the books of the Lender, in which Loan Account a record may be kept of all loans made by the Lender to the Borrower under or pursuant to this Agreement and of all payments thereon.

Appears in 1 contract

Samples: Loan and Security Agreement (Seachange International Inc)

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The Loan Account. (a) An account (hereinafter, the "LOAN ACCOUNTLoan Account") may shall be opened on the books of the Lender, in which Loan Account ---------------- a record may be kept of all loans Advances made by the Lender to the Borrower under or pursuant to this Agreement and of all payments thereon.

Appears in 1 contract

Samples: Loan Agreement (Franklin Street Partners Lp)

The Loan Account. (a) An account (hereinafter, the "LOAN ACCOUNT"“Loan Account”) may shall be opened on the books of the Lender, Lender in which Loan Account a record may shall be kept of all loans and advances made by under the Lender to the Borrower under or pursuant to this Agreement and of all payments thereonRevolving Credit.

Appears in 1 contract

Samples: Loan and Security Agreement (Redenvelope Inc)

The Loan Account. (a) An account (hereinafter, the "LOAN ACCOUNTLoan Account") may shall be opened on the books of the Lender, Lender in which Loan Account a Lender shall keep an accurate record may be kept of all loans made by the Lender to the Borrower under or pursuant to this Agreement and of all payments thereon.

Appears in 1 contract

Samples: Agreement (Right Start Inc /Ca)

The Loan Account. (a) An account (hereinafter, the "LOAN ACCOUNT") may shall be opened on the books of the Lender, Lender in which Loan Account a record may shall be kept of all loans the initial loan advance made by the Lender to the Borrower under or pursuant to this Agreement and of all payments thereonAgreement.

Appears in 1 contract

Samples: Agreement (Gadzooks Inc)

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The Loan Account. (a) An account (hereinafter, the "LOAN ACCOUNT"“Loan Account”) may shall be opened on the books of the Lender, Lender in which Loan Account a record may be kept of all loans made by the Lender to the Borrower under or pursuant to this Agreement and of all payments thereon.

Appears in 1 contract

Samples: Loan and Security Agreement (Iparty Corp)

The Loan Account. (a) An account (hereinafter, the "LOAN ACCOUNT"“Loan Account”) may shall be opened on the books of the Lender, Lender in which Loan Account a record may be kept of all loans Advances made by the Lender to the Borrower under or pursuant to this Agreement and of all payments thereon.

Appears in 1 contract

Samples: Loan and Security Agreement (Paper Warehouse Inc)

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