Common use of Account Disputes Clause in Contracts

Account Disputes. Borrower shall notify Lender promptly of and, if requested by Xxxxxx, will settle all disputes concerning any Purchased Account, at Xxxxxxxx's sole cost and expense. Lender may, but is not required to, attempt to settle, compromise, or litigate (collectively, “Resolve”) the dispute upon such terms, as Lender in its sole discretion deem advisable, for Xxxxxxxx's account and risk and at Xxxxxxxx's sole expense. Upon the occurrence of an Event of Default, Lender may Resolve such issues with respect to any Account of Borrower.

Appears in 2 contracts

Samples: Financing and Security Agreement (Vado Corp.), Financing and Security Agreement (Vado Corp.)

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Account Disputes. Borrower shall notify Lender promptly of and, if requested by Xxxxxx, will settle all disputes concerning any Purchased Financed Account, at XxxxxxxxBorrower's sole cost and expense. Lender may, but is not required to, attempt to settle, compromise, or litigate (collectively, “Resolve”) the dispute upon such terms, as Lender in its sole discretion deem advisable, for Xxxxxxxx's account and risk and at Xxxxxxxx's sole expense. Upon the occurrence of an Event of Default, Lender may Resolve such issues with respect to any Account of Borrower. 14.

Appears in 1 contract

Samples: Financing and Security Agreement (Super League Enterprise, Inc.)

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Account Disputes. Borrower shall notify Lender promptly of and, if requested by Xxxxxx, will settle all disputes concerning any Purchased Financed Account, at XxxxxxxxBorrower's sole cost and expense. Lender may, but is not required to, attempt to settle, compromise, or litigate (collectively, “Resolve”) the dispute upon such terms, as Lender in its sole discretion deem advisable, for Xxxxxxxx's account and risk and at Xxxxxxxx's sole expense. Upon the occurrence of an Event of Default, Lender may Resolve such issues with respect to any Account of Borrower.

Appears in 1 contract

Samples: Financing and Security Agreement (GameSquare Holdings, Inc.)

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