Common use of Account Disputes Clause in Contracts

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

Appears in 1 contract

Samples: Factoring and Security Agreement (Driftwood Ventures, Inc.)

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

Appears in 1 contract

Samples: Financing and Security Agreement (LOCAL Corp)

Account Disputes. 14.1. Each Seller shall notify Purchaser promptly of and, if requested by Purchaser, will settle all disputes concerning any Purchased Account, at such Seller's sole cost and expense. Purchaser may, but is not required to, attempt to settle, compromise, or litigate (collectively, "Resolve") the dispute upon such termsteims, as Purchaser in its sole discretion deem advisable, for such Seller's account and risk and at such Seller's sole expense. Upon the occurrence of an Event of Default Purchaser may Resolve such issues with respect to any Account of any Seller.

Appears in 1 contract

Samples: Factoring and Security Agreement (Urban Ag. Corp.)

Account Disputes. 13.1. Seller shall notify Purchaser promptly of and, if requested by Purchaser, will settle all disputes concerning any Purchased Account, at Seller's ’s sole cost and expense. Purchaser may, but is not required to, attempt to settle, compromise, or litigate (collectively, "Resolve") the dispute upon such terms, as Purchaser in its sole discretion deem advisable, for Seller's ’s account and risk and at Seller's ’s sole expense. Upon the occurrence of an Event of Default Purchaser may Resolve such issues with respect to any Account of Seller.

Appears in 1 contract

Samples: Factoring and Security Agreement (Biozone Pharmaceuticals, Inc.)

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

Appears in 1 contract

Samples: Factoring and Security Agreement (DLR Funding, Inc.)

Account Disputes. 13.1 Seller shall notify Purchaser promptly of and, if requested by Purchaser, will settle all disputes concerning any Purchased Account, at Seller's ’s sole cost and expense. Purchaser may, but is not required to, attempt to settle, compromise, or litigate (collectively, "Resolve") the dispute upon such terms, as Purchaser in its sole discretion deem advisable, for Seller's ’s account and risk and at Seller's ’s sole expense. Upon the occurrence of an Event of Default Purchaser may Resolve such issues with respect to any Account of Seller.

Appears in 1 contract

Samples: Factoring and Security Agreement (Eastside Distilling, Inc.)

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

Appears in 1 contract

Samples: Factoring and Security Agreement (Zoo Entertainment, Inc)

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

Appears in 1 contract

Samples: Factoring and Security Agreement (Axtive Corp)

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Account Disputes. Seller shall notify Purchaser promptly of and, if requested by Purchaser, will settle all disputes concerning any Purchased Account. However, at Seller's sole cost and expenseSeller shall not, without Purchaser’s prior written consent, compromise or adjust any Purchased Account or grant any additional discounts, allowances or credits thereon. Purchaser may, but is not required to, attempt to settle, compromise, or litigate (collectively, "Resolve") the dispute upon such terms, terms as Purchaser in its sole reasonable discretion deem advisable, for Seller's ’s account and risk and at Seller's ’s sole expense. Upon the occurrence of an Event of Default Purchaser may Resolve such issues with respect to any Account of SellerPurchased Account.

Appears in 1 contract

Samples: Receivables Purchase and Security Agreement (Lightpath Technologies Inc)

Account Disputes. Seller shall notify Purchaser promptly of and, if requested by Purchaser, will settle all disputes concerning any Purchased Account, at Seller's ’s sole cost and expense. Purchaser may, but is not required to, attempt to settle, compromise, or litigate (collectively, "Resolve") the dispute upon such terms, as Purchaser in its sole discretion deem advisable, for Seller's ’s account and risk and at Seller's ’s sole expense. Upon the occurrence of an Event of Default Default, Purchaser may Resolve such issues with respect to any Account of Seller.. 5

Appears in 1 contract

Samples: Financing and Security Agreement (Sito Mobile, Ltd.)

Account Disputes. 13.1. Seller shall notify Purchaser promptly of and, if requested by Purchaser, will settle all disputes concerning any Purchased Account, at Seller's sole cost and expense. Purchaser may, but is not required to, attempt to settle, compromise, or litigate (collectively, "Resolve") the dispute upon such terms, as Purchaser in its sole discretion deem advisable, for Seller's account and risk and at Seller's sole expense. Upon the occurrence of an Event of Default Purchaser may Resolve such issues with respect to any Account of Seller.

Appears in 1 contract

Samples: Factoring and Security Agreement (ePhoto Image, Inc.)

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

Appears in 1 contract

Samples: Factoring and Security Agreement (Edge Technology Group Inc)

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