Common use of Account Verification Clause in Contracts

Account Verification. Xxxxx Fargo or its agents may (i) contact account debtors and other obligors at any time to verify Company’s Accounts; and (ii) require Company to send requests for verification of Accounts or send notices of assignment of Accounts to account debtors and other obligors.

Appears in 10 contracts

Samples: Credit and Security Agreement, Credit and Security Agreement (Nortech Systems Inc), Credit and Security Agreement (Tandy Brands Accessories Inc)

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Account Verification. Xxxxx Wxxxx Fargo or its agents may (i) contact account debtors and other obligors at any time to verify Company’s Accounts; and (ii) require Company to send requests for verification of Accounts or send notices of assignment of Accounts to account debtors and other obligors.

Appears in 3 contracts

Samples: Credit and Security Agreement (Iridex Corp), Credit and Security Agreement (Merrimac Industries Inc), Wells Fargo Business Credit Credit and Security Agreement (Iridex Corp)

Account Verification. Xxxxx Fargo or its agents may (i) contact account debtors and other obligors at any time to verify Company’s Accounts; Accounts and (ii) require Company to send requests for verification of Accounts or send notices of assignment of Accounts to account debtors and other obligors.

Appears in 2 contracts

Samples: Credit and Security Agreement (Winnebago Industries Inc), Credit and Security Agreement (Winnebago Industries Inc)

Account Verification. Xxxxx Fargo or its agents may (i) contact account debtors and other obligors at any time to verify Company’s AccountsAccounts of Company or any Subsidiary; and (ii) require Company or any Subsidiary to send requests for verification of Accounts or send notices of assignment of Accounts to account debtors and other obligors.

Appears in 2 contracts

Samples: Credit and Security Agreement (Analysts International Corp), Credit and Security Agreement (Analysts International Corp)

Account Verification. Xxxxx Fargo or its agents may (i) contact account debtors and other obligors at any time to verify Company’s Companies’ Accounts; and (ii) require Company Companies to send requests for verification of Accounts or send notices of assignment of Accounts to account debtors and other obligors.

Appears in 2 contracts

Samples: Credit and Security Agreement (Phoenix Footwear Group Inc), Credit and Security Agreement (Phoenix Footwear Group Inc)

Account Verification. Xxxxx Fargo or its agents may (i) contact account debtors and other obligors at any time to verify Company’s 's Accounts; and (ii) require Company to send requests for verification of Accounts or send notices of assignment of Accounts to account debtors and other obligors.

Appears in 1 contract

Samples: Credit and Security Agreement (Hemacare Corp /Ca/)

Account Verification. Xxxxx Wxxxx Fargo or its agents may (i) contact account debtors and other obligors at any time to verify Company’s 's Accounts; and (ii) require Company to send requests for verification of Accounts or send notices of assignment of Accounts to account debtors and other obligors.

Appears in 1 contract

Samples: Credit and Security Agreement (Emcore Corp)

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Account Verification. Xxxxx Wxxxx Fargo or its agents may (i) contact account debtors and other obligors at any time to verify any Company’s 's Accounts; and (ii) require each Company to send requests for verification of Accounts or send notices of assignment of Accounts to account debtors and other obligors.

Appears in 1 contract

Samples: Credit and Security Agreement (Adams Resources & Energy, Inc.)

Account Verification. Xxxxx Fargo or its agents may (i) contact account debtors and other obligors at any time to verify CompanyBorrower’s Accounts; and (ii) require Company Borrower to send requests for verification of Accounts or send notices of assignment of Accounts to account debtors and other obligorsobligors and (iii) upon the occurrence and continuance of an Event of Default, xxxx or invoice any account debtor of Borrower’s unbilled Accounts.

Appears in 1 contract

Samples: Credit and Security Agreement (Command Security Corp)

Account Verification. Xxxxx Wxxxx Fargo or its agents may (i) contact account debtors and other obligors at any time to verify Company’s Accounts; 's Accounts and (ii) require Company to send requests for verification of Accounts or send notices of assignment of Accounts to account debtors and other obligors.

Appears in 1 contract

Samples: Credit and Security Agreement (Spectranetics Corp)

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