Common use of Account Stated Clause in Contracts

Account Stated. Purchaser shall render to Seller a statement setting forth the transactions arising hereunder. Each statement shall be considered correct and binding upon Seller as an account stated, except to the extent that Purchaser receives, within thirty (30) days after the mailing of such statement, written notice from Seller of any specific exceptions by Seller to that statement, and then it shall be binding against Seller as to any items to which it has not objected.

Appears in 6 contracts

Samples: Factoring Agreement (Competitive Technologies Inc), Factoring and Security Agreement (Tri-S Security Corp), Factoring Agreement (Tri-S Security Corp)

AutoNDA by SimpleDocs

Account Stated. Purchaser shall render to Seller a statement setting forth the transactions arising hereunder. Each statement shall be considered correct and binding upon Seller as an account stated, except to the extent that Purchaser receives, within thirty sixty (3060) days after the mailing of such statement, written notice from Seller of any specific exceptions by Seller to that statement, and then it shall be binding against Seller as to any items to which it has not objected.

Appears in 6 contracts

Samples: Financing and Security Agreement (LOCAL Corp), Factoring and Security Agreement (Driftwood Ventures, Inc.), Factoring and Security Agreement (Sheldahl Inc)

Account Stated. Purchaser shall render make available to Seller a statement setting forth the transactions arising hereunder. Each statement shall be considered correct and binding upon Seller as an account stated, except to the extent that Purchaser receives, within thirty (30) 30 days after the mailing availability of such statement, written notice from Seller of any specific exceptions by Seller to that statement, and then it shall be binding against Seller as to any items to which it has not objected.

Appears in 2 contracts

Samples: Invoice Purchase Agreement (SharedLabs, Inc), Invoice Purchase Agreement (Marrone Bio Innovations Inc)

Account Stated. From time to time during the term of this Agreement, Purchaser shall may render to Seller a statement setting forth the transactions arising hereunder. Each statement shall be considered correct and binding upon Seller as an account stated, except to the extent that Purchaser receives, within thirty ten (3010) days after the mailing receipt of such statement, written notice from Seller of any specific exceptions by Seller to that statement, and then it shall be binding against Seller as to any items to which it has not objected.

Appears in 2 contracts

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

Account Stated. Purchaser shall render to Seller a statement setting forth the transactions arising hereunder. Each statement shall be considered correct and binding upon Seller as an account stated, except to the extent that Purchaser receives, within thirty (30) days after the mailing Seller's receipt of such statement, written notice from Seller of any specific exceptions by Seller to that statement, and then it shall be binding against Seller as to any items to which it has not objected.

Appears in 1 contract

Samples: Factoring and Security Agreement (Vitalstream Holdings Inc)

Account Stated. 18.1. Purchaser shall render to Seller a statement setting forth the transactions arising hereunder. Each statement shall be considered correct and binding upon Seller as an account stated, except to the extent that Purchaser receives, within thirty (30) days after the mailing of such statement, written notice from Seller of any specific exceptions by Seller to that statement, and then it shall be binding against Seller as to any items to which it has not objected.

Appears in 1 contract

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

Account Stated. 17.1 Purchaser shall render to Seller a statement statement, either in tangible form or available on line, setting forth the transactions arising hereunder. . 17.2 Each statement shall be considered correct and binding upon Seller as an account stated, except to the extent that Purchaser receives, within thirty (30) sixty days after the mailing of such statementstatement or its becoming available on line, written notice from Seller of any specific exceptions by Seller to that statement, and then it shall be binding against Seller as to any items to which it has not objected.

Appears in 1 contract

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

Account Stated. 19.1. Purchaser shall render to each Seller a statement setting forth the transactions arising hereunder. Each statement shall be considered correct and binding upon each Seller as an account stated, except to the extent that Purchaser receives, within thirty (30) sixty days after the mailing of such statement, written notice from Seller one or more Sellers of any specific exceptions by Seller to that statement, and then it shall be binding against each Seller as to any items to which it has not objected.

Appears in 1 contract

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

AutoNDA by SimpleDocs

Account Stated. 18.1. Purchaser shall render to Seller a statement setting forth the transactions arising hereunder. Each statement shall be considered correct and binding upon Seller as an account stated, except to the extent that Purchaser receives, within thirty (30) sixty days after the mailing of such statement, written notice from Seller of any specific exceptions by Seller to that statement, and then it shall be binding against Seller as to any items to which it has not objected.

Appears in 1 contract

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

Account Stated. Purchaser shall render to Seller a statement setting forth the transactions arising hereunder. Each statement shall be considered correct and binding upon Seller as an account stated, except to the extent that Purchaser receives, within thirty sixty (3060) days after the mailing of such statement, statemen written notice from Seller of any specific exceptions by Seller to that statement, and then it shall be binding against Seller as to any items to which it has not objected.

Appears in 1 contract

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

Account Stated. Purchaser shall render to Seller Seller, from time to time, a statement by email or online setting forth the transactions arising hereunder. Each statement shall be considered correct and binding upon Seller as an account statedAccount Stated, except to the extent that Purchaser receives, within thirty (30) days after the mailing of providing such statement, written notice from Seller of any specific exceptions by Seller to that statement, and then whereafter it shall be binding against Seller as to any items to which it has not objected.

Appears in 1 contract

Samples: Factoring Agreement

Account Stated. From time to time during the term of this Agreement, Purchaser shall may render to Seller a statement setting forth the transactions arising hereunder. Each statement shall be considered correct and binding upon Seller as an account stated, except to the extent that Purchaser receives, within thirty ten (3010) days after the mailing of such statement, written notice from Seller of any specific exceptions by Seller to that statement, and then it shall be binding against Seller as to any items to which it has not objected.

Appears in 1 contract

Samples: Factoring and Security Agreement (TXP Corp)

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