Common use of Verification Clause in Contracts

Verification. Silicon may, from time to time, verify directly with the respective Account Debtors the validity, amount and other matters relating to the Receivables, by means of mail, telephone or otherwise, either in the name of Borrower or Silicon or such other name as Silicon may choose.

Appears in 69 contracts

Samples: Loan and Security Agreement (Double-Take Software, Inc.), Loan and Security Agreement (Digirad Corp), Security Agreement (Cobalt Group Inc)

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Verification. Silicon may, from time to time, verify directly with the respective Account Debtors the validity, amount and other matters relating to the ReceivablesAccounts, by means of mail, telephone or otherwise, either in the name of Borrower or Silicon or such other name as Silicon may choose.

Appears in 55 contracts

Samples: Security Agreement (Cogent Communications Group Inc), Security Agreement (Act Teleconferencing Inc), Security Agreement (Rackable Systems, Inc.)

Verification. Silicon may, from time to time, verify directly with the respective Account Debtors the validity, amount and other matters relating to the ReceivablesAccounts, by means of mail, telephone or otherwise, either in the name of Borrower or Silicon or such other name as Silicon may choose. Silicon will provide Borrower with notice of any such action.

Appears in 3 contracts

Samples: Loan and Security Agreement (Telecommunication Systems Inc /Fa/), Loan and Security Agreement (Telecommunication Systems Inc /Fa/), Security Agreement (Telecommunication Systems Inc /Fa/)

Verification. Silicon may, from time to time, verify directly with the respective Account Debtors the validity, amount and other matters relating to the ReceivablesAccounts, by means of mail, telephone or otherwise, either in the name of Borrower or Silicon or such other name as Silicon may choose.. Silicon Valley Bank Schedule to Loan and Security Agreement (Exim)

Appears in 1 contract

Samples: Security Agreement (Maxwell Technologies Inc)

Verification. Silicon may, from time to time, verify directly with the respective Account Debtors in a commercially reasonable manner the validity, amount and other matters relating to the ReceivablesAccounts, by means of mail, telephone or otherwise, either in the name of Borrower or Silicon or such other name as Silicon may choose.

Appears in 1 contract

Samples: Loan and Security Agreement (Tut Systems Inc)

Verification. Silicon may, may from time to time, verify directly in a commercially reasonable manner with the respective Account Debtors the validity, amount and other matters relating to the ReceivablesAccounts, by means of mail, telephone or otherwise, either in the name of Borrower or Silicon or such other name as Silicon may chooseSilicon.

Appears in 1 contract

Samples: Loan and Security Agreement (Relm Wireless Corp)

Verification. Silicon may, from time to time, verify directly with the respective Account Debtors the validity, amount and other matters relating to the Receivables, by means of mail, telephone or otherwise, either in the name of Borrower or Silicon or such other name as Silicon may choose.

Appears in 1 contract

Samples: Loan and Security Agreement (Cambridge Heart Inc)

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Verification. Silicon may, from time to time, verify directly with the respective Account Debtors the validity, amount and other matters relating to the Receivables, by means of mail, telephone or otherwise, either in the name of Borrower or Silicon or such other name as Silicon may choose.. Silicon Valley Bank Loan and Security Agreement ----------------------------------------------------------------

Appears in 1 contract

Samples: Loan and Security Agreement (DTM Corp /Tx/)

Verification. Silicon may, from time to time, verify directly with the respective Account Debtors the validity, amount and other matters relating to the ReceivablesAccounts, by means of mail, telephone or otherwise, either in the name of Borrower or Silicon or such other name as Silicon may choose. Such verifications shall be done in accordance with Silicon’s normal practice.

Appears in 1 contract

Samples: Security Agreement (Atheros Communications Inc)

Verification. Silicon may, from time to time, verify directly with the respective Account Debtors the validity, amount and other matters relating relating- to the Receivables, by means of mail, telephone or otherwise, either in the name of Borrower or Silicon or such other name as Silicon may choose.

Appears in 1 contract

Samples: Loan and Security Agreement (Adaytum Software Inc)

Verification. Silicon may, from time to time, verify directly with the respective Account Debtors the validity, amount and other matters relating to the ReceivablesAccounts, by means of mail, telephone or otherwise, either in the name of Borrower or Silicon or such other name as Silicon may choose.. SILICON VALLEY BANK LOAN AND SECURITY AGREEMENT

Appears in 1 contract

Samples: Loan and Security Agreement (Animas Corp)

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