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.)

AutoNDA by SimpleDocs

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 2 contracts

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

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!