Additional Duties Specific to Accounts. I will not settle any Account for less than its full value without your written permission. Until you tell me otherwise, I will collect all Accounts in the ordinary course of business. I will not dispose of the Accounts by assignment without your prior written consent. I will keep the proceeds from all the Accounts and any goods which are returned to me or which I take back. I will not commingle them with any of my other property. I will deliver the Accounts to you at your request. If you ask me to pay you the full price on any returned items or items retaken by me, I will do so. I will make no material change in the terms of any Account, and I will give you any statements, reports, certificates, lists of Account Debtors (showing names, addresses and amounts owing), invoices applicable to each Account, and other data in any way pertaining to the Accounts as you may request.
Additional Duties Specific to Accounts. I will not settle any Account for less than its full value without your written permission, unless (a) I provide Lender with a modified borrowing base calculation which incorporates the proposed discounted Account settlement, and (b) if such modified borrowing base shall indicate that the outstanding loan balance exceeds the allowable advance limit, I will repay the loan balance to such extent as to restore compliance with the borrowing base. Until you tell me otherwise, I will collect all Accounts in the ordinary course of business. I will not dispose of the Accounts by assignment without your prior written consent. I will keep the proceeds from all the Accounts and any goods which are returned to me or which I take back. I will not commingle them with any of my other property. I will deliver the Accounts to you at your request. If you ask me to pay you the full price on any returned items or items retaken by me, I will do so. I will make no material change in the terms of any Account, and I will give you any statements, reports, certificates, lists of Account Debtors (showing names, addresses and amounts owing), invoices applicable to each Account, and other data in any way pertaining to the Accounts as you may request.
Additional Duties Specific to Accounts. Until you tell me otherwise, I will collect all Accounts in the ordinary course of business. I will not dispose of the Accounts by assignment without your prior written consent. I will keep the proceeds from all the Accounts and any goods which are returned to me or which I take back. I will deliver the Accounts to you at your request. I will give you any statements, reports, certificates, lists of Account Debtors (showing names, addresses and amounts owing), invoices applicable to each Account, and other date in any way pertaining to the Accounts as you may request.
Additional Duties Specific to Accounts. If the Property includes Accounts, Debtor will not settle any Account for less than its full value without Lender's written permission. Debtor will collect all Accounts in the ordinary course of business. Debtor will not dispose of the Accounts by assignment without Lender's prior written consent. At Lender's request, Debtor will notify account debtors that their Accounts have been assigned to Lender and should be paid directly to Lender. Debtor will deliver the Accounts to Lender at Lender's request. If Lender asks Debtor to pay Lender the full price on any returned items or items retaken by Debtor, Debtor will do so. Debtor will make no material change in the terms of any Account, and Debtor will give Lender any statements, reports, certificates, lists of account debtors, invoices applicable to each Account, and other data pertaining to the Accounts as Lender may request.
Additional Duties Specific to Accounts. If the Property includes Accounts, Debtor will not settle any Account for less than its full value without Xxxxxx’s written permission. Debtor will collect all Accounts in the ordinary course of business. Debtor will not dispose of the Accounts by assignment without Xxxxxx’s prior written consent. Debtor will keep the proceeds from all the Accounts and any goods which are returned to Debtor or which Debtor takes back and will not commingle them with any of Debtor’s other property. At Lender’s request, Xxxxxx will notify account debtors that their Accounts have been assigned to Lender and should be paid directly to Lender. Debtor will deliver the Accounts to Lender at Xxxxxx’s request. If Xxxxxx asks Xxxxxx to pay Xxxxxx the full price on any returned items or items retaken by Xxxxxx, Debtor will do so. Debtor will make no material change in the terms of any Account, and Debtor will give Lender any statements, reports, certificates, lists of account debtors, invoices applicable to each Account, and other data pertaining to the Accounts as Lender may request.
Additional Duties Specific to Accounts. We will not settle any Account for less than its full value without your written permission. Until you tell us otherwise, we will collect all Accounts in the ordinary course of business, we will not dispose of the Accounts by assignment without your prior written consent. We will keep the proceeds from all the Accounts and any goods which are returned to us or which we take back. We will not commingle them with any of our other property. We will deliver the Accounts to you at your request. If you ask us to pay you the full price on any returned items or items retaken by us, we will do so. We will make no material change in the terms of any Account, and we will give you any statements, reports, certificates, lists of Account Debtors (showing names, addresses and amounts owing), invoices applicable to each Account, and other date in any way pertaining to the Accounts as you may request.
