Billing Practices. The Administrative Borrower shall notify the Lender of any Receivable of any Borrower generated pursuant to the sale of goods or the rendition of services on any basis other than on the terms specified in Schedule 7.1(q).
Appears in 3 contracts
Samples: Loan and Security Agreement (Del Global Technologies Corp), Loan and Security Agreement (Del Global Technologies Corp), Loan and Security Agreement (Del Global Technologies Corp)
Billing Practices. The Administrative Borrower shall notify the Lender Agent of any Receivable of any Borrower generated pursuant to the sale of goods or the rendition of services on any basis other than on the terms specified in Schedule 7.1(q).
Appears in 2 contracts
Samples: Loan and Security Agreement (Grant Prideco Inc), Loan and Security Agreement (Grant Prideco Inc)
