Common use of Account Verification Clause in Contracts

Account Verification. The Lender may at any time and from time to time send or require the Borrower to send requests for verification of accounts or notices of assignment to account debtors and other obligors. The Lender may also at any time and from time to time telephone account debtors and other obligors to verify accounts.

Appears in 50 contracts

Samples: And Security Agreement (Technology Flavors & Fragrances Inc), Credit and Security Agreement (2nd Swing Inc), Credit and Security Agreement (Digital Angel Corp)

AutoNDA by SimpleDocs

Account Verification. (a) The Lender or its agent may at any time and from time to time send or require the Borrower to send requests for verification of accounts or notices of assignment to account debtors and other obligors. The Lender or its agent may also at any time and from time to time telephone account debtors and other obligors to verify accounts.

Appears in 21 contracts

Samples: Credit and Security Agreement (CPS Technologies Corp/De/), Credit and Security Agreement by And (CPS Technologies Corp/De/), Credit and Security Agreement (Professional Veterinary Products LTD /Ne/)

Account Verification. The Lender may at any time and from time to time send or require the any Borrower to send requests for verification of accounts or notices of assignment to account debtors and other obligors. The Lender may also at any time and from time to time telephone account debtors and other obligors to verify accounts.

Appears in 9 contracts

Samples: Credit and Security Agreement (Heska Corp), Credit and Security Agreement (Heska Corp), Credit and Security Agreement (Sportsmans Guide Inc)

Account Verification. The Lender may at any time and from time to time send send, or require request the Borrower to send send, requests for verification of accounts Accounts or notices of assignment to account debtors and other obligors. The Borrower authorizes the Lender may also at any time and from time to time telephone account debtors and other obligors to verify accountsAccounts as frequently as daily and the Borrower understands the Lender intends to do so by telephone and/or in writing.

Appears in 8 contracts

Samples: Credit and Security Agreement (Rsi Systems Inc/Mn), Credit and Security Agreement (Magnum Resources Inc /De/), Credit and Security Agreement (Rsi Systems Inc/Mn)

Account Verification. (a) The Lender or its agent may at any time and from time to time send or require the Borrower Borrowers to send requests for verification of accounts or notices of assignment to account debtors and other obligors. The Lender or its agent may also at any time and from time to time telephone account debtors and other obligors to verify accounts.

Appears in 6 contracts

Samples: Credit and Security Agreement (Pacific Cma Inc), Credit and Security Agreement   by And (Miscor Group, Ltd.), Loan and Security Agreement (Vein Associates of America Inc)

Account Verification. The Lender may Borrower will at any time and from time to time send or require upon request of the Borrower to Lender send requests for verification of accounts or notices of assignment to account debtors and other obligors. The Lender may also at any time and from time to time telephone account debtors and other obligors to verify accounts.

Appears in 6 contracts

Samples: Credit and Security Agreement (Continental Information Systems Corp), Credit and Security Agreement (Gateway Data Sciences Corp), Credit and Security Agreement (Data National Corp)

Account Verification. The Lender may at any time and from time to time send or require the Borrower to send requests for verification of accounts or notices of assignment to account debtors Account Debtors and other obligors. The Lender may also at any time and from time to time telephone account debtors Account Debtors and other obligors to verify accounts.

Appears in 5 contracts

Samples: Credit and Security Agreement (Corsair Components, Inc.), Credit and Security Agreement (Pro Dex Inc), Credit and Security Agreement (Netlist Inc)

Account Verification. The Lender may at any time and from time to time send or require the Borrower Borrowers to send requests for verification of accounts or notices of assignment to account debtors and other obligors. The Lender may also at any time and from time to time telephone account debtors and other obligors to verify accounts.

Appears in 5 contracts

Samples: Credit and Security Agreement (Smtek International Inc), Credit and Security Agreement (Nu Kote Holding Inc /De/), Credit and Security Agreement (Microtel International Inc)

Account Verification. The Lender Bank may at any time and from time to time send or require the Borrower to send requests for verification of accounts or notices of assignment and amounts owed to account debtors Account Debtors and other obligors. The Lender Bank may also at any time an Event of Default has occurred and is continuing and from time to time telephone account debtors Account Debtors and other obligors to verify accountsaccounts and send such Account Debtors and other obligors notification of the assignment of Accounts to Bank.

Appears in 3 contracts

Samples: Credit Agreement (Landec Corp \Ca\), Credit Agreement (Landec Corp \Ca\), Im Credit Agreement (Landec Corp \Ca\)

Account Verification. (a) The Lender or its agent may at any time and from time to time send or require the each Borrower to send requests for verification of accounts or notices of assignment to account debtors and other obligors. The Lender or its agent may also at any time and from time to time telephone account debtors and other obligors to verify accounts.

Appears in 3 contracts

Samples: Credit and Security Agreement (Global Employment Holdings, Inc.), Credit and Security Agreement (Global Employment Holdings, Inc.), Security Agreement (Allis Chalmers Corp)

Account Verification. The Lender may at any time and from -------------------- time to time send or require the Borrower to send requests for verification of accounts or notices of assignment to account debtors and other obligors. The Lender may also at any time and from time to time telephone account debtors and other obligors to verify accounts.

Appears in 3 contracts

Samples: Credit and Security Agreement (Rf Monolithics Inc /De/), Credit and Security Agreement (Rf Monolithics Inc /De/), Credit and Security Agreement (Rockshox Inc)

Account Verification. The (a) During any Default Period, the Lender or its agent may at any time and from time to time send or require the Borrower to send requests for verification of accounts or notices of assignment to account debtors and other obligors. The At any time during any Default Period, the Lender or its agent may also at any time and from time to time telephone account debtors and other obligors to verify accounts.

Appears in 2 contracts

Samples: Credit and Security Agreement (Christopher & Banks Corp), Credit and Security Agreement (Christopher & Banks Corp)

Account Verification. The Lender may at any time and from time to time send or require the Borrower to send requests for verification of accounts Accounts or notices of assignment to account debtors and other obligors. The Lender may also at any time and from time to time during telephone account debtors and other obligors to verify accountsAccounts.

Appears in 2 contracts

Samples: Revolving Loan Agreement (Virtual Radiologic CORP), Revolving Loan Agreement (Virtual Radiologic CORP)

Account Verification. The Lender may at any time and from time to time send or require the Borrower to send requests for verification of accounts or (and notices of assignment if an Event of Default has occurred and is continuing) to account debtors Account Debtors and other obligors. The Lender may also at any time and from time to time telephone account debtors Account Debtors and other obligors to verify accounts.

Appears in 2 contracts

Samples: Credit and Security Agreement (Landec Corp \Ca\), Credit and Security Agreement (Landec Corp \Ca\)

Account Verification. The Lender may Borrower will at any time and from time to time upon request of the Lender, and the Lender may, at any time in its sole discretion, send or require the Borrower to send make written or verbal requests for verification of accounts or notices of assignment to account debtors and other obligors. The Lender may also at any time and from time to time telephone account debtors and other obligors to verify accounts.

Appears in 1 contract

Samples: And (Lamaur Corp)

Account Verification. The Lender may at any time and from time to time send or require the Borrower Guarantor to send requests for verification of accounts or notices of assignment to account debtors and other obligors. The Lender may also at any time and from time to time telephone account debtors and other obligors to verify accounts.

Appears in 1 contract

Samples: Guarantor Security Agreement (LIVE VENTURES Inc)

Account Verification. The Lender may at any time and from time to time send or require the Borrower to send requests for verification of accounts. If the Borrower fails to comply with the Lender’s request to have accounts or notices of assignment to account debtors and other obligors. The verified, the Lender may also at any time and from time to time telephone contact account debtors and other obligors to verify accounts.

Appears in 1 contract

Samples: Credit and Security Agreement (Landec Corp \Ca\)

Account Verification. The Lender may at any time --------------------- and from time to time send or require the Borrower to send requests for verification of accounts or notices of assignment to account debtors and other obligors. The Lender may also at any time and from time to time telephone account debtors and other obligors to verify accounts.

Appears in 1 contract

Samples: Credit and Security Agreement (Primesource Healthcare Inc)

Account Verification. The Lender may at any time and from time to -------------------- time send or require the Borrower Debtor to send requests for verification of accounts or notices of assignment to account debtors and other obligors. The Lender may also at any time and from time to time telephone account debtors and other obligors to verify accounts.

Appears in 1 contract

Samples: Replacement Security Agreement (Heartland Technology Inc)

Account Verification. The From and after the Initial Request Date, the Lender may at any time and from time to time send or require the Borrower to send requests for verification of accounts or notices of assignment to account debtors and other obligors. The Lender may also at any time and from time to time telephone account debtors and other obligors to verify accounts.

Appears in 1 contract

Samples: Credit and Security Agreement (Zila Inc)

Account Verification. The Lender may at any time and from time to time during a Default Period send or require the Borrower to send requests for verification of accounts or notices of assignment to account debtors and other obligors. The Lender may also at any time and from time to time telephone account debtors and other obligors to verify accounts.

Appears in 1 contract

Samples: Credit and Security Agreement (Winland Electronics Inc)

Account Verification. The Lender may at any time and -------------------- from time to time send send, or require request the Borrower to send send, requests for verification of accounts Accounts or notices of assignment to account debtors and other obligors. The Lender may also at any time and from time to time telephone account debtors and other obligors to verify accounts.other

Appears in 1 contract

Samples: Credit and Security Agreement (Rockshox Inc)

Account Verification. The Lender may at any time and from time to time send or require the Borrower to send requests for verification of accounts or notices of assignment to account debtors and other obligors. The Lender may also at any time and from time to time time, after notice to the Borrower, telephone account debtors and other obligors to verify accounts.

Appears in 1 contract

Samples: Credit and Security Agreement (Schuff International Inc)

Account Verification. The Lender may at any time and from time to time send or require the Borrower to send requests for verification of accounts or and after an Event of Default notices of assignment to account debtors Account Debtors and other obligors. The Lender may also at any time and from time to time telephone account debtors Account Debtors and other obligors to verify accounts.

Appears in 1 contract

Samples: Management Agreement (REX AMERICAN RESOURCES Corp)

Account Verification. The Lender may at any time and from -------------------- time to time send or require the Borrower to send requests for verification of accounts or notices of assignment to account debtors and other obligors. The Lender may also at any time and from time to time telephone account debtors and other obligors to verify accounts.

Appears in 1 contract

Samples: Britesmile Inc

AutoNDA by SimpleDocs

Account Verification. The Lender may at any time and from time to time send or require the Borrower to send requests for verification of accounts Accounts or notices of assignment to account debtors and other obligors. The Lender may also at any time and from time to time telephone account debtors and other obligors to verify accountsAccounts. The Lender will endeavor to use a nominee name when conducting Account verifications, but is not obligated hereunder to do so.

Appears in 1 contract

Samples: Credit and Security Agreement (First Team Sports Inc)

Account Verification. The Lender may at any time and from time to time send or require the Borrower or any Subsidiary to send requests for verification of accounts or notices of assignment to account debtors and other obligors. The Lender may also at any time and from time to time telephone account debtors and other obligors to verify accounts.

Appears in 1 contract

Samples: Credit and Security Agreement (Health Fitness Physical Therapy Inc)

Account Verification. The At any time during the existence of an Event of Default or Default Period, the Lender may at any time and from time to time send or require the Borrower to send requests for verification of accounts or notices of assignment to account debtors and other obligors. The At any time during the existence of an Event of Default or Default Period, the Lender may also at any time and from time to time time, after notice to the Borrower, telephone account debtors and other obligors to verify accounts.

Appears in 1 contract

Samples: And Security Agreement (Hc2 Holdings, Inc.)

Account Verification. The Lender may at any time -------------------- and from time to time send or require the Borrower to send requests for verification of accounts or notices of assignment to account debtors and other obligors. The Lender may also at any time and from time to time telephone contact account debtors and other obligors by telephone or other means to verify accounts.

Appears in 1 contract

Samples: Credit and Security Agreement (Act Teleconferencing Inc)

Account Verification. The Lender may at any time and from time to time (i) send or require the Borrower to send requests for verification of accounts and (ii) telephone account debtors and other obligors to verify accounts. The Lender may also at any time after the occurrence of an Event of Default send or require the Borrower to send written notices of assignment to account debtors and other obligors. The Lender may also at any time and from time to time telephone account debtors and other obligors to verify accounts.

Appears in 1 contract

Samples: Credit and Security Agreement (Futech Interactive Products Inc)

Account Verification. The Lender may at any time and from time to time send or require the Borrower to send requests for verification of accounts or notices of assignment to account debtors and other obligors. The During any Default Period and in the course of any audit being conducted by the Lender, whether or not such audit is being conducted during a Default Period, the Lender may also at any time and from time to time telephone account debtors and other obligors to verify accounts.

Appears in 1 contract

Samples: Revolving Credit Agreement (Zareba Systems Inc)

Account Verification. The Lender Bank may at any time and from time to time upon written notice to Borrower send or require the Borrower to send requests for verification of accounts or notices of assignment and amounts owed to account debtors Account Debtors and other obligors. The Lender Bank may also at any time an Event of Default has occurred and is continuing and from time to time telephone account debtors Account Debtors and other obligors to verify accountsaccounts and send such Account Debtors and other obligors notification of the assignment of Accounts to Bank.

Appears in 1 contract

Samples: Credit Agreement (Landec Corp \Ca\)

Account Verification. The Lender may at any time and from time to time send or require the Borrower any Obligor to send requests for verification of accounts or notices of assignment to account debtors and other obligors. The Lender may also at any time and from time to time telephone account debtors and other obligors to verify accounts.

Appears in 1 contract

Samples: Credit and Security Agreement (Infotech Usa Inc)

Account Verification. The Lender may at any time and from time to time send or require the Borrower to send requests for for, verification of accounts or notices of assignment to account debtors and other obligors. The Lender may also at any time and from time to time after notice to the Borrower telephone account debtors and other obligors to verify accounts.

Appears in 1 contract

Samples: Credit and Security Agreement (Ultra Pac Inc)

Account Verification. The Lender may at any time and from time to time send or require the each Borrower to send requests for verification of accounts or notices of assignment to account debtors and other obligors. The Lender may also at any time and from time to time telephone account debtors and other obligors to verify accounts.

Appears in 1 contract

Samples: Credit and Security Agreement (Medical Dynamics Inc)

Account Verification. The Lender may Each Borrower will at any time and from time to time send or require upon request of the Borrower to Lender send requests for verification of accounts or notices of assignment to account debtors and other obligors. The Lender may also at any time and from time to time telephone account debtors and other obligors to verify accounts.

Appears in 1 contract

Samples: Credit and Security Agreement (Larson Davis Inc)

Account Verification. The Lender may at any time and from time to time send or require the Borrower to send requests for verification of accounts or notices of assignment to account debtors and other obligors. The Lender may also at any time and from time to time telephone account debtors and other obligors to verify accounts, but in no event shall such verification disclose that request is other than from an account verification service and it shall not indicate that the request is from a lender to or creditor of the Borrower.

Appears in 1 contract

Samples: Credit and Security Agreement (Kitty Hawk Inc)

Account Verification. The Lender may at any time and -------------------- from time to time send or require the Borrower to send requests for verification of accounts or notices of assignment to account debtors and other obligors. The Lender may also at any time and from time to time telephone account debtors and other obligors to verify accounts.

Appears in 1 contract

Samples: Credit and Security Agreement (Bentley International Inc)

Account Verification. (a) The Lender may at any time and from time to time send or require the Borrower to send requests for verification of accounts or notices of assignment to account debtors and other obligors. The Lender may also at any time and from time to time during a Default Period telephone account debtors and other obligors to verify accountsaccounts and send requests for verification of accounts or notices of assignment to account debtors and other obligors.

Appears in 1 contract

Samples: Credit and Security Agreement (Ciber Inc)

Account Verification. The Lender may at any time and from time to time send or require the Borrower to send requests for verification of accounts or and after an Event of Default notices of assignment to account debtors and other obligors. The Lender may also at any time and from time to time telephone account debtors and other obligors to verify accounts.

Appears in 1 contract

Samples: Loan and Security Agreement (Millennium Ethanol, LLC)

Time is Money Join Law Insider Premium to draft better contracts faster.