Common use of Bona Fide Accounts Clause in Contracts

Bona Fide Accounts. Each item of the Accounts Receivable Collateral arises or will arise under a contract between Borrower and the Account Debtor, or from the bona fide sale or delivery of goods to or performance of services for, the Account Debtor.

Appears in 5 contracts

Samples: Loan and Security Agreement (Headhunter Net Inc), Loan and Security Agreement (Headhunter Net Inc), Loan and Security Agreement (Headhunter Net Inc)

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Bona Fide Accounts. Each item of the Accounts Receivable --------------------- Collateral arises or will arise under a contract between Borrower and the Account Debtor, or from the bona fide sale or delivery of goods to or performance of services for, the Account Debtor.

Appears in 2 contracts

Samples: Loan and Security Agreement (Concurrent Computer Corp/De), Loan and Security Agreement (Concurrent Computer Corp/De)

Bona Fide Accounts. Each item of the its Accounts Receivable Collateral arises or will arise under a contract between Borrower an Account Debtor and the Account Debtorit, or from the bona fide sale or delivery of goods to or performance of services for, the an Account Debtor.

Appears in 2 contracts

Samples: Loan and Security Agreement (Tekgraf Inc), Loan and Security Agreement (Tekgraf Inc)

Bona Fide Accounts. Each item of the Accounts Receivable Collateral arises or will arise under a contract between Borrower Obligor and the Account Debtor, or from the bona fide sale or delivery of goods to or performance of services for, the Account Debtor.. AT: 1030545v10 138

Appears in 1 contract

Samples: Credit Agreement (Sed International Holdings Inc)

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Bona Fide Accounts. Each item of the Accounts Receivable Collateral and each Factored Account arises or will arise under a contract between Borrower an Obligor and the respective Account Debtor, or from the bona fide sale or delivery of goods to or performance of services for, for the Account Debtor.

Appears in 1 contract

Samples: Subordinated Note and Warrant Purchase Agreement (Crown Crafts Inc)

Bona Fide Accounts. Each item of the Accounts Receivable Collateral arises or will arise under a contract between Borrower the Company and the Account Debtor, or from the bona fide sale or delivery of goods to to, or performance of services for, the Account Debtor.

Appears in 1 contract

Samples: Loan and Security Agreement (Moredirect Com Inc)

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