Common use of Xxxx and Hold Clause in Contracts

Xxxx and Hold. An Account generated by the sale of goods for which an invoice has been issued to the buyer, but the, goods represented by such Account remain undelivered to the buyer and/or under the control of Borrower or Borrower's representative.

Xxxx and Hold. An Account generated by the sale of goods for which an invoice has been issued to the buyer, but the, the goods represented by such Account remain undelivered to the buyer and/or under the control of Borrower or Borrower's ’s representative.