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 ARTICLE 7 - CASH MANAGEMENT 7-1. Depository Accounts 7-2. Credit Card Receipts 7-3. The Concentration Account, the Blocked Account and the Funding Accounts 7-4. Proceeds and Collection of Accounts 7-5. Payment of Liabilities 7-6. The Funding Account 7-7. Capital Infusions, Etc.

Appears in 1 contract

Sources: Loan and Security Agreement (Paper Warehouse Inc)

USE AND COLLECTION OF COLLATERAL. 28 6-1. Use of Inventory Collateral 28 6-2. Inventory Quality 29 6-3. Adjustments and Allowances 29 6-4. Validity of Accounts 29 6-5. Notification to Account Debtors 29 ARTICLE 7 - CASH MANAGEMENT 30 7-1. Depository Accounts 30 7-2. Credit Card Receipts 30 7-3. The Concentration Account, the Blocked Account and the Funding Accounts 31 7-4. Proceeds and Collection of Accounts 31 7-5. Payment of Liabilities 32 7-6. The Funding Account 7-7. Capital Infusions, Etc.32

Appears in 1 contract

Sources: Loan and Security Agreement (Great Train Store Co)