Common use of USE AND COLLECTION OF COLLATERAL Clause in Contracts

USE AND COLLECTION OF COLLATERAL. 6-1. Use of Inventory Collateral 6-2. Inventory Quality 6-3. Adjustments and Allowances 6-4. Validity of Accounts 6-5. Notification to Account Debtors

Appears in 2 contracts

Sources: Term Loan and Security Agreement (Sun Television & Appliances Inc), Revolving Credit Facility (Sun Television & Appliances Inc)

USE AND COLLECTION OF COLLATERAL. 6-1. Use of Inventory Collateral 6-2. Inventory Quality 6-3. Adjustments and Allowances 6-4. Validity of Accounts 6-5. Notification to Account DebtorsDebtors ARTICLE 7 - CASH MANAGEMENT 7-1. Depository Accounts 7-2. Credit Card Receipts 7-3. The Transfer and the Funding Accounts 7-4. Proceeds and Collection of Accounts 7-5. Payment of Liabilities 7-6. The Funding Account

Appears in 1 contract

Sources: Loan and Security Agreement (Harvey Electronics Inc)