Common use of Borrower’s Loan Account Clause in Contracts

Borrower’s Loan Account. Lender shall maintain one or more loan account(s) on its books in which shall be recorded (a) all Loans, Letter of Credit Accommodations and other Obligations and the Collateral, (b) all payments made by or on behalf of Borrower and (c) all other appropriate debits and credits as provided in this Agreement, including fees, charges, costs, expenses and interest. All entries in the loan account(s) shall be made in accordance with Lender's customary practices as in effect from time to time.

Appears in 11 contracts

Samples: Loan and Security Agreement (Inyx Inc), Loan and Security Agreement (Swank Inc), Loan and Security Agreement (Startec Global Communications Corp)

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Borrower’s Loan Account. Lender shall maintain one or more loan account(s) on its books in which shall be recorded (a) all Loans, Letter of Credit Accommodations Loans and other Obligations and the Collateral, (b) all payments made by or on behalf of Borrower and (c) all other appropriate debits and credits as provided in this Agreement, including fees, charges, costs, expenses and interest. All entries in the loan account(s) shall be made in accordance with Lender's ’s customary practices as in effect from time to time.

Appears in 3 contracts

Samples: Loan and Security Agreement (Impreso Inc), Loan and Security Agreement (Optical Cable Corp), Loan and Security Agreement (Value Financial Services, Inc.)

Borrower’s Loan Account. Lender shall maintain one or more loan account(s) on its books in which shall be recorded (a) all Revolving Loans, Letter of Credit Accommodations and other Obligations and the Collateral, (b) all payments made by or on behalf of Borrower and (c) all other appropriate debits and credits as provided in this Agreement, including fees, charges, costs, expenses and interest. All entries in the loan account(s) shall be made in accordance with Lender's ’s customary practices as in effect from time to time.

Appears in 3 contracts

Samples: Loan Agreement (Mad Catz Interactive Inc), Loan Agreement (Mad Catz Interactive Inc), Loan Agreement (Mad Catz Interactive Inc)

Borrower’s Loan Account. Lender shall maintain one or more loan account(s) on its books in which shall be recorded (a) all Loans, Letter of Credit Accommodations and other Obligations and the Collateral, (b) all payments made by or on behalf of Borrower and (c) all other appropriate debits and credits as provided in this Agreement, including including, without limitation, fees, charges, costs, expenses and interest. All entries in the loan account(s) shall be made in accordance with Lender's customary practices as in effect from time to time.

Appears in 3 contracts

Samples: Loan and Security Agreement (Vector Group LTD), Loan and Security Agreement (Eagle Food Centers Inc), Loan and Security Agreement (Champion Parts Inc)

Borrower’s Loan Account. Lender shall maintain one or more loan account(s) on its books in which shall be recorded (a) all Loans, Letter of Credit Accommodations and other Obligations and the Collateral, (b) all payments made by or on behalf of Borrower and (c) all other appropriate debits and credits as provided in this Agreement, including including, without limitation, fees, charges, costs, expenses and interest. All entries in the loan account(s) shall be made in accordance with Lender's ’s customary practices as in effect from time to time.

Appears in 2 contracts

Samples: Loan and Security Agreement (Vector Group LTD), Loan and Security Agreement (Vector Group LTD)

Borrower’s Loan Account. Lender shall maintain one or more loan account(s) on its books in which shall be recorded (a) all Loans, Letter of Credit Accommodations Loans and all other Obligations and the CollateralObligations, (b) all payments made by or on behalf of Borrower and (c) all other appropriate debits and credits as provided in this Agreement, including including, without limitation, fees, charges, costs, expenses and interest. All entries in the loan account(s) shall be made in accordance with Lender's customary practices as in effect from time to time.

Appears in 2 contracts

Samples: Loan and Security Agreement (Source Interlink Companies Inc), Loan and Security Agreement (Source Interlink Companies Inc)

Borrower’s Loan Account. Lender shall maintain one or more loan account(s) on its books in which shall be recorded recorded: (a) all Loans, all Letter of Credit Accommodations and all other Obligations and the Collateral, , (b) all payments made by or on behalf of Borrower and Borrower, and (c) all other appropriate debits and credits as provided in this Agreement, including including, without limitation, fees, charges, costs, expenses and interest. All entries in the loan account(s) shall be made in accordance with Lender's customary practices as in effect from time to time.

Appears in 1 contract

Samples: Loan and Security Agreement (Wareforce Com Inc)

Borrower’s Loan Account. Lender shall maintain one or more loan account(s) accounts on its books in which shall be recorded (a) all Loans, Letter of Credit Accommodations and other Obligations and the Collateral, (b) all payments made by or on behalf of Borrower and (c) all other appropriate debits and credits as provided in this Agreement, including fees, charges, costs, expenses and interest. All entries in the such loan account(s) accounts shall be made in accordance with Lender's ’s customary practices as in effect from time to time.

Appears in 1 contract

Samples: Loan and Security Agreement (Ecost Com Inc)

Borrower’s Loan Account. Lender shall maintain one or more loan account(s) on its books in which shall be recorded (a) all Loans, Letter of Credit Accommodations Loans and other Obligations and the Collateral, (b) all payments made by or on behalf of Borrower Borrowers, and (c) all other appropriate debits and credits as provided in this Agreement, including including, without limitation, fees, charges, costs, expenses and interest. All entries in the loan account(s) shall be made in accordance with Lender's customary practices as in effect from time to time.

Appears in 1 contract

Samples: Loan and Security Agreement (Perma Fix Environmental Services Inc)

Borrower’s Loan Account. Lender shall maintain one or more loan account(s) on its books in which shall be recorded (a) all Loans, Letter of Credit Accommodations and other Obligations and the Collateral, (b) all payments made by or on behalf of each Borrower and (c) all other appropriate debits and credits as provided in this Agreement, including fees, charges, costs, expenses and interest. All entries in the loan account(s) shall be made in accordance with Lender's customary practices as in effect from time to time.

Appears in 1 contract

Samples: Loan and Security Agreement (Inyx Inc)

Borrower’s Loan Account. Lender shall maintain one or more loan ----------------------- account(s) on its books in which shall be recorded (a) all Loans, Letter of Credit Accommodations and other Obligations and the Collateral, (b) all payments made by or on behalf of Borrower Borrowers and (c) all other appropriate debits and credits as provided in this Agreement, including including, without limitation, fees, charges, costs, expenses and interest. All entries in the loan account(s) shall be made in accordance with Lender's customary practices as in effect from time to time.

Appears in 1 contract

Samples: Loan and Security Agreement (Ivi Checkmate Corp)

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Borrower’s Loan Account. Lender shall maintain one or more loan account(s) on its books in which shall be recorded (a) all Loans, all Letter of Credit Accommodations and all other Obligations and the Collateral, (b) all payments made by or on behalf of Borrower and (c) all other appropriate debits and credits as provided in this Agreement, including fees, charges, costs, expenses and interest. All entries in the loan account(s) shall be made in accordance with Lender's customary practices as in effect from time to time.and

Appears in 1 contract

Samples: Loan and Security Agreement (Citi Trends Inc)

Borrower’s Loan Account. Lender shall maintain one or more loan account(s) on its books in which shall be recorded (a) all Loans, all Letter of Credit Accommodations and all other Obligations and the Collateral, (b) all payments made by or on behalf of a Borrower and (c) all other appropriate debits and credits as provided in this Agreement, including including, without limitation, fees, charges, costs, expenses and interest. All entries in the loan account(s) shall be made in accordance with Lender's ’s customary practices as in effect from time to time.

Appears in 1 contract

Samples: Loan and Security Agreement (Geologistics Corp)

Borrower’s Loan Account. Lender shall maintain one or more loan account(s) on its books in which shall be recorded (a) all Loans, Letter of Credit Accommodations Accommodations, Acceptances and other Obligations and the Collateral, (b) all payments made by or on behalf of Borrower and (c) all other appropriate debits and credits as provided in this Agreement, including fees, charges, costs, expenses and interest. All entries in the loan account(s) shall be made in accordance with Lender's customary practices as in effect from time to time.

Appears in 1 contract

Samples: Loan and Security Agreement (Teardrop Golf Co)

Borrower’s Loan Account. Lender shall maintain one or more loan account(s) on its books in which shall be recorded (a) all Loans, Letter Letters of Credit Accommodations and other Obligations and the Collateral, (b) all payments made by or on behalf of Borrower and (c) all other appropriate debits and credits as provided in this Agreement, including fees, charges, costs, expenses and interest. All entries in the loan account(s) shall be made in accordance with Lender's ’s customary practices as in effect from time to time.

Appears in 1 contract

Samples: Loan and Security Agreement (Vitacost.com, Inc.)

Borrower’s Loan Account. Lender shall maintain one or more loan account(s) on its books in which shall be recorded (a) all Loans, Letter of Credit Accommodations and other Obligations and the Collateral, (b) all payments made by or on behalf of Borrower Borrowers and (c) all other appropriate debits and credits as provided in this Agreement, including including, without limitation, fees, charges, costs, expenses and interest. All entries in the loan account(s) shall be made in accordance with Lender's customary practices as in effect from time to time.

Appears in 1 contract

Samples: Loan and Security Agreement (Clean Harbors Inc)

Borrower’s Loan Account. Lender shall maintain one or more loan account(s) on its books in which shall be recorded (a) all Loans, Letter of Credit Accommodations and other Obligations and the Collateral, (b) all payments made by or on behalf of Borrower and (c) all other appropriate debits and credits as provided in this Agreement, including fees, charges, costs, expenses and interest. All entries in the loan account(s) shall be made in accordance with Lender's ’s customary practices as in effect from time to time.

Appears in 1 contract

Samples: Loan and Security Agreement (Collegiate Pacific Inc)

Borrower’s Loan Account. Lender shall maintain one or more loan ----------------------- account(s) on its books in which shall be recorded (a) all Loans, Letter of Credit Accommodations and other Obligations and the Collateral, (b) all payments made by or on behalf of Borrower and (c) all other appropriate debits and credits as provided in this Agreement, including including, without limitation, fees, charges, costs, expenses and interest. All entries in the loan account(s) shall be made in accordance with Lender's customary practices as in effect from time to time.

Appears in 1 contract

Samples: Loan and Security Agreement (Quadrax Corp)

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