Common use of Eligible Account Clause in Contracts

Eligible Account. an Account arising in the ordinary course of the business of a Borrower from the sale of goods or rendition of services; provided, that no Account shall be an Eligible Account if:

Appears in 1 contract

Samples: Loan and Security Agreement (Neenah Foundry Co)

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Eligible Account. an Account arising in the ordinary course of the Borrower’s business of a Borrower from the sale of goods or rendition of services; providedservices which Agent, that in its sole credit judgment, deems to be an Eligible Account. Without limiting the generality of the foregoing, no Account shall be an Eligible Account if:

Appears in 1 contract

Samples: Loan and Security Agreement (Home Products International Inc)

Eligible Account. an Account arising in the ordinary course of the business of a Borrower any of the Borrowers from the sale of goods or rendition of services; providedservices which Collateral Agent, that in its reasonable credit judgment, deems to be an Eligible Account. Without limiting the generality of the foregoing, no Account shall be an Eligible Account if:

Appears in 1 contract

Samples: Loan, Security and Guaranty Agreement (Quest Resource Holding Corp)

Eligible Account. an Account arising in the ordinary course of the Borrower's business of a Borrower from the sale of goods or rendition of services; providedservices which Agent, that in its reasonable credit judgment, deems to be an Eligible Account. Without limiting the generality of the foregoing, no Account shall be an Eligible Account if:

Appears in 1 contract

Samples: Loan and Security Agreement (Houston Wire & Cable CO)

Eligible Account. an Account arising in the ordinary course of the Borrower’s business of a Borrower from the sale of goods or rendition of services; providedservices which Lender, that in its sole credit judgment, deems to be an Eligible Account. Without limiting the generality of the foregoing, no Account shall be an Eligible Account if:

Appears in 1 contract

Samples: Loan and Security Agreement (Allied Healthcare Products Inc)

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Eligible Account. an Account arising in the ordinary course of the business of a Borrower the applicable Obligor from the sale of goods or rendition of services; provided, that however, that, no Account shall be an Eligible Account if:

Appears in 1 contract

Samples: Loan and Security Agreement (Anchor Lamina Inc)

Eligible Account. an Account arising in the ordinary course of the business of a any Borrower from the sale of goods or rendition of servicesservices that complies with each of the representations and warranties respecting Eligible Accounts made in the Loan Documents; provided, provided that no Account shall be an Eligible Account if:

Appears in 1 contract

Samples: Loan and Security Agreement (Century Aluminum Co)

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