Common use of Return of Product Clause in Contracts

Return of Product. Borrowers agree if it is necessary to return the Collateral, it will be returned to the delivering Retailer (Retailer as named in the Borrower’s Loan Commitment). Any such returns will not reduce the obligations owing until a credit is received by Lender. 10.

Appears in 6 contracts

Samples: Loan Application and Note/Security Agreement, Loan Application and Note/Security Agreement, Loan Application and Note/Security Agreement

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Return of Product. Borrowers agree if it is necessary to return the Collateral, it will be returned to the delivering Retailer (Retailer as named in the Borrower’s Loan Commitment). Any such returns will not reduce the obligations owing until a credit is received by Lender. 10.

Appears in 5 contracts

Samples: Note and Security Agreement, Note and Security Agreement, Note and Security Agreement

Return of Product. Borrowers agree if it is necessary to return the Collateral, it will be returned to the delivering Retailer (Retailer as named in the Borrower’s Loan CommitmentDetermination). Any such returns will not reduce the obligations owing until a credit is received by Lender. 10.

Appears in 5 contracts

Samples: Security Agreement, Security Agreement, Security Agreement

Return of Product. Borrowers agree if it is necessary to return the Collateral, it will be returned to the delivering Retailer (Retailer as named in the Borrower’s Loan CommitmentDetermination). Any such returns will not reduce the obligations owing until a credit is received by LenderXxxxxx. 10.

Appears in 4 contracts

Samples: Security Agreement, Security Agreement, Security Agreement

Return of Product. Borrowers agree if it is necessary to return the Collateral, it will be returned to the delivering Retailer (Retailer as named in the Borrower’s Loan Commitment). Any such returns will not reduce the obligations owing until a credit is received by Lender. 108.

Appears in 2 contracts

Samples: Security Agreement, Security Agreement

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Return of Product. Borrowers agree if it is necessary to return the Collateral, it will be returned to the delivering Retailer (Retailer as named in the Borrower’s Loan Commitment). Any such returns will not reduce the obligations owing until a credit is received by Lender. 10Xxxxxx.

Appears in 2 contracts

Samples: Application and Note, chsagservices.com

Return of Product. Borrowers agree if it is necessary to return the Collateral, it will be returned to the delivering Retailer (Retailer as named in the Borrower’s Loan Commitment). Any such returns will not reduce the obligations owing until a credit is received by LenderXxxxxx. 10.

Appears in 2 contracts

Samples: Loan Application and Note/Security Agreement, Loan Application and Note/Security Agreement

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