Common use of Account Reports Clause in Contracts

Account Reports. Debtor will deliver to Secured Party, on such --------------- frequency as Secured Party may request, a written report in form and content satisfactory to Secured Party, showing a listing and aging of accounts and such other information as Secured Party may request from time to time. Debtor shall notify Secured Party as soon as practicable of the assertion by any account debtor of any setoff, defense or claim regarding an account or any other matter adversely affecting an account.

Appears in 3 contracts

Samples: Commercial Security Agreement (Visual Numerics Inc), Commercial Security Agreement (Visual Numerics Inc), Commercial Security Agreement (Visual Numerics Inc)

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Account Reports. Debtor will deliver to Secured Party, on such --------------- frequency as Secured Party Lender may requestrequire, a written report in form and in content satisfactory to Secured Party, showing a listing and aging of accounts and such other information as Secured Party may request from time to time. Debtor shall immediately notify Secured Party as soon as practicable of the assertion by any account debtor of any setoffset-off, defense or claim regarding an account or any other matter adversely affecting an any account.

Appears in 1 contract

Samples: Loan Agreement (WORTHPOINT Corp)

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Account Reports. If requested by Secured Party, Debtor will deliver to Secured Party, on such --------------- frequency as Secured Party may request, a written report in form and content satisfactory to Secured Party, showing a listing and aging of accounts Accounts and such other information as Secured Party may request from time to time. Debtor shall immediately notify Secured Party as soon as practicable of the assertion by any account Account debtor of any setoff, defense or claim regarding an account Account or any other matter adversely affecting an accountAccount.

Appears in 1 contract

Samples: Security Agreement (Vertex Energy Inc.)

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