Common use of Accounts, Etc Clause in Contracts

Accounts, Etc. (i) Each Grantor shall use all reasonable efforts to cause to be collected from its Account Debtors, as and when due, any and all amounts owing under or on account of each Account (including, without limitation, Accounts which are delinquent, such Accounts to be collected in accordance with lawful collection procedures) and to apply forthwith upon receipt thereof all such amounts as are so collected to the outstanding balance of such Account. The costs and expenses (including, without limitation, attorney's fees), of collection of Accounts incurred by such Grantor or the Administrative Agent shall be borne by such Grantor.

Appears in 4 contracts

Samples: Security Agreement (Acc Corp), Security Agreement (Acc Corp), Security Agreement (Acc Corp)

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Accounts, Etc. (i) Each Grantor shall use all reasonable efforts consistent with prudent business practice to cause to be collected from its the Account Debtors, as and when due, any and all amounts owing under or on account of each Account granted as Collateral hereunder (including, without limitation, Accounts which are delinquent, such Accounts to be collected in accordance with lawful collection procedures) and to apply forthwith upon receipt thereof all such amounts as are so collected to the outstanding balance of such Account. The costs and expenses (including, without limitation, attorney's attorneys’ fees), ) of collection of Accounts incurred by such any Grantor or the Administrative Agent shall be borne by such Grantor.

Appears in 3 contracts

Samples: 4            security Agreement (Fortegra Financial Corp), Revolving Credit Agreement (Fortegra Financial Corp), Security Agreement (Fortegra Financial Corp)

Accounts, Etc. (i) Each Grantor shall use all commercially reasonable efforts consistent with prudent business practice to cause to be collected from its Account Debtors, as and when due, any and all amounts owing under or on account of each Account (including, without limitation, Accounts which are delinquent, such Accounts to be collected in accordance with lawful collection procedures) and to apply forthwith upon receipt thereof all such amounts as are so collected to the outstanding balance of such Account. The costs and expenses (including, without limitation, attorney's fees), reasonable attorneys’ fees actually incurred) of collection of Accounts incurred by such Grantor or the Administrative Agent shall be borne by such Grantorthe Grantors.

Appears in 3 contracts

Samples: Security Agreement (JTH Holding, Inc.), Security Agreement (JTH Holding, Inc.), Security Agreement (JTH Holding, Inc.)

Accounts, Etc. (i) Each Grantor shall use all reasonable efforts consistent with prudent business practice to cause to be collected from its Account Debtors, as and when due, any and all amounts owing under or on account of each Account (including, without limitation, Accounts which are delinquent, such Accounts to be collected in accordance with lawful collection procedures) and to apply forthwith upon receipt thereof all such amounts as are so collected to the outstanding balance of such Account. The costs and expenses (including, without limitation, attorney's fees), reasonable attorneys’ fees actually incurred) of collection of Accounts incurred by such Grantor or the Administrative Agent shall be borne by such Grantorthe Grantors.

Appears in 1 contract

Samples: Security Agreement (United Industrial Corp /De/)

Accounts, Etc. (i) Each Grantor shall use all reasonable efforts to cause to be collected from its Account Debtors, as and when due, any and all amounts owing under or on account of each Account (including, without limitation, Accounts which are delinquent, such Accounts to be collected in accordance with lawful collection procedures) and to apply forthwith upon receipt thereof all such amounts as are so collected to the outstanding balance of such Account. The costs and expenses (including, without limitation, attorney's fees), of collection of Accounts incurred by such Grantor or or, if applicable, the Administrative Collateral Agent shall be borne by such Grantor.

Appears in 1 contract

Samples: Security Agreement (WLR Foods Inc)

Accounts, Etc. (i) Each Grantor shall use all reasonable efforts consistent with prudent business practice to cause to be collected from its the Account Debtors, as and when due, any and all amounts owing under or on account of each Account granted as Collateral hereunder (including, without limitation, Accounts which are delinquent, such Accounts to be collected in accordance with lawful collection procedures) and to apply forthwith upon receipt thereof all such amounts as are so collected to the outstanding balance of such Account. The costs and expenses (including, without limitation, attorney's attorneys’ fees), ) of collection of Accounts incurred by such any Grantor or the Administrative Collateral Agent shall be borne by such Grantor.

Appears in 1 contract

Samples: Pledge and Security Agreement (1847 Goedeker Inc.)

Accounts, Etc. (i) Each Grantor shall use all reasonable efforts to cause to be collected from its Account Debtors, as and when due, any and all amounts owing under or on account of each Account (including, without limitation, delinquent Accounts which are delinquent, such Accounts to shall be collected in accordance with lawful collection procedures) and to apply forthwith upon receipt thereof all such amounts as are so collected to the outstanding balance of such Account. The costs and expenses (including, without limitation, attorney's fees), ) of collection of Accounts incurred by such Grantor or the Administrative Bridge Collateral Agent shall be borne by such Grantor.

Appears in 1 contract

Samples: Bridge Security Agreement (Choice One Communications Inc)

Accounts, Etc. (i) Each Grantor shall use all reasonable efforts in accordance with past practice to cause to be collected from its Account Debtors, as and when due, any and all amounts owing under or on account of each Account (including, without limitation, Accounts which are delinquent, such Accounts to be collected in accordance with lawful collection procedurespast practices) and to apply forthwith upon receipt thereof all such amounts as are so collected to the outstanding balance of such Account. The costs and expenses (including, without limitation, attorney's fees), ) of collection of Accounts incurred by such Grantor or the Administrative Agent shall be borne by such Grantor.

Appears in 1 contract

Samples: Security Agreement (Sports Authority Inc /De/)

Accounts, Etc. (i) Each Grantor shall use all reasonable efforts to cause to be collected from its Account Debtors, as and when due, any and all amounts owing under or on account of each Account (including, without limitation, Accounts which are delinquent, such Accounts to be collected in accordance with lawful collection procedurespast practices) and to apply forthwith upon receipt thereof all such amounts as are so collected to the outstanding balance of such Account. The costs and expenses (including, without limitation, attorney's fees), ) of collection of Accounts incurred by such Grantor or the Administrative Agent shall be borne by such Grantor.

Appears in 1 contract

Samples: Security Agreement (Gt Interactive Software Corp)

Accounts, Etc. (i) Each Grantor shall use all reasonable efforts to cause to be collected from its Account Debtors, as and when due, any and all amounts owing under or on account of each Account (including, without limitation, Accounts which are delinquent, such Accounts to be collected in accordance with lawful collection procedures) and to apply forthwith upon receipt thereof all such amounts as are so collected to the outstanding balance of such Account. The reasonable costs and expenses (including, without limitation, attorney's fees), of collection of Accounts incurred by such any Grantor or the Administrative Agent shall be borne by such the Grantor.

Appears in 1 contract

Samples: Security Agreement (Cca Prison Realty Trust)

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Accounts, Etc. (i) Each The Grantor shall use all reasonable efforts to cause to be collected from its Account Debtors, as and when due, any and all amounts owing under or on account of each Account not sold and transferred to a Factor (including, without limitation, Accounts which are delinquent, such Accounts to be collected in accordance with lawful collection procedures) and to apply forthwith upon receipt thereof all such amounts as are so collected to the outstanding balance of such Account. The reasonable costs and expenses (including, without limitation, attorney's fees), of collection of Accounts incurred by such the Grantor or the Administrative Agent shall be borne by such the Grantor.

Appears in 1 contract

Samples: Security Agreement (Texfi Industries Inc)

Accounts, Etc. (i) Each Grantor shall use all reasonable efforts to cause to be collected from its Account Debtors, as and when due, any and all amounts owing under or on account of each Account (including, without limitation, delinquent Accounts which are delinquent, such Accounts to shall be collected in accordance with lawful collection procedures) and to apply forthwith upon receipt thereof all such amounts as are so collected to the outstanding balance of such Account. The costs and expenses (including, without limitation, attorney's fees), ) of collection of Accounts incurred by such Grantor or the Administrative Agent shall be borne by such Grantor.

Appears in 1 contract

Samples: Security Agreement (Choice One Communications Inc)

Accounts, Etc. (i) Each Grantor shall use all reasonable efforts to cause to be collected from its Account Debtors, as and when due, any and all amounts owing under or on account of each Account (including, without limitation, Accounts which are delinquent, such Accounts to be collected in accordance with lawful collection procedurespast practices) and to apply forthwith upon receipt thereof all such amounts as are so collected to the outstanding balance of such Account. The costs and expenses (including, without limitation, attorney's attorneys fees), ) of collection of Accounts incurred by such Grantor or the Administrative Agent shall be borne by such Grantor.

Appears in 1 contract

Samples: Amended And (Gt Interactive Software Corp)

Accounts, Etc. (i) Each Grantor shall use all reasonable efforts consistent with prudent business practice to cause to be collected from its Account Debtors, as and when due, any and all amounts owing under or on account of each Account (including, without limitation, Accounts which are delinquent, such Accounts to be collected in accordance with lawful collection procedures) and to apply forthwith upon receipt thereof all such amounts as are so collected to the outstanding balance of such Account. The costs and expenses (including, without limitation, attorney's attorneys' fees), ) of collection of Accounts incurred by such Grantor or the Administrative Collateral Agent shall be borne by such GrantorGrantors.

Appears in 1 contract

Samples: Security Agreement (Ems Technologies Inc)

Accounts, Etc. (i) i. Each Grantor shall use all reasonable efforts consistent with prudent business practice to cause to be collected from its Account Debtors, as and when due, any and all amounts owing under or on account of each Account (including, without limitation, Accounts which are delinquent, such Accounts to be collected in accordance with lawful collection procedures) and to apply forthwith upon receipt thereof all such amounts as are so collected to the outstanding balance of such Account. The reasonable costs and expenses (including, without limitation, reasonable attorney's fees), ) of collection of Accounts incurred by such Grantor the Grantors or the Administrative Agent Collateral Agent, shall be borne by such Grantorthe Grantors, jointly and severally.

Appears in 1 contract

Samples: Security Agreement (Minimed Inc)

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