Common use of Cash Management Services Clause in Contracts

Cash Management Services. Borrower may use availability hereunder up to the Cash Management Sublimit for Lender’s cash management services, which may include merchant services, direct deposit of payroll, business credit card, and check cashing services identified in various cash management services agreements related to such services (the “Cash Management Services”). The entire Cash Management Sublimit will be treated as an Advance for purposes of determining availability under the Credit Limit and shall decrease, on a dollar-for-dollar basis, the amount available for other Advances. The Cash Management Services shall be subject to additional terms set forth in applicable cash management services agreements.

Appears in 4 contracts

Samples: Business Financing Modification Agreement (Rimini Street, Inc.), Business Financing Modification Agreement (Rimini Street, Inc.), Business Financing Agreement (Rimini Street, Inc.)

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Cash Management Services. Borrower may use availability hereunder up to the Cash Management Sublimit for Lender’s 's cash management services, which may include merchant services, direct deposit of payroll, business credit card, and check cashing services identified in various cash management services agreements related to such services (the "Cash Management Services"). The entire Cash Management Sublimit will be treated as an Advance for purposes of determining availability under the Credit Limit and shall decrease, on a dollar-for-dollar basis, the amount available for other Advances. The Cash Management Services shall be subject to additional terms set forth in applicable cash management services agreements.

Appears in 2 contracts

Samples: Business Financing Agreement (Inuvo, Inc.), Business Financing Agreement (Inuvo, Inc.)

Cash Management Services. Borrower Borrowers may use availability hereunder up to the Cash Management Sublimit for Lender’s 's cash management services, which may include merchant services, direct deposit of payroll, business credit card, and check cashing services identified in various cash management services agreements related to such services (the "Cash Management Services"). The entire Cash Management Sublimit will be treated as an ABL Advance for purposes of determining availability under the ABL Credit Limit and shall decrease, on a dollar-for-dollar basis, the amount available for other ABL Advances. The Cash Management Services shall be subject to additional terms set forth in applicable cash management services agreements.

Appears in 2 contracts

Samples: Business Financing Agreement, Business Financing Agreement (Selectica Inc)

Cash Management Services. Borrower Borrowers may use availability hereunder up to the Cash Management Sublimit for Lender’s 's cash management services, which may include merchant services, direct deposit of payroll, business credit card, and check cashing services identified in various cash management services agreements related to such services (the "Cash Management Services"). The entire Cash Management Sublimit will be treated as an Advance for purposes of determining availability under the Credit Limit and shall decrease, on a dollar-for-dollar basis, the amount available for other Advances. The Cash Management Services shall be subject to additional terms set forth in applicable cash management services agreements.

Appears in 2 contracts

Samples: Business Financing Agreement (ChromaDex Corp.), Business Financing Agreement (Workstream Inc)

Cash Management Services. Borrower may use availability hereunder up to the Cash Management Sublimit for Lender’s Bank's cash management services, which may include merchant services, direct deposit of payroll, business credit card, and check cashing services identified in various cash management services agreements related to such services (the "Cash Management Services"). The entire Cash Management Sublimit will be treated as an a Revolving Loan Advance for purposes of determining availability under the Credit Limit Maximum Revolving Loan Balance and shall decrease, on a dollar-for-dollar basis, the amount available for other AdvancesRevolving Loans. The Cash Management Services shall be subject to additional terms set forth in applicable cash management services agreements.

Appears in 1 contract

Samples: Loan and Security Agreement (Cas Medical Systems Inc)

Cash Management Services. Borrower Borrowers may use availability hereunder up to the Cash Management Management. Sublimit for Lender’s cash management services, which may include merchant services, direct deposit of payroll, business credit card, and check cashing services identified in various cash management services agreements related to such services (the “Cash Management Services”). The entire Cash Management Sublimit will be treated as an a Revolving Advance for purposes of determining availability under the Credit Limit and shall decrease, on a dollar-for-dollar basis, the amount available for other Revolving Advances. The Cash Management Services shall be subject to additional terms set forth in applicable cash management services agreements.

Appears in 1 contract

Samples: Business Financing Agreement (Sysorex Global Holdings Corp.)

Cash Management Services. Borrower may use availability hereunder under the Credit Limit up to the Cash Management Sublimit for Lender’s cash management services, which may include merchant services, direct deposit of payrollcontrolled disbursement accounts, business credit card, cards and check cashing services automated clearing house transactions identified in various cash management services agreements related to such services (the “Cash Management Services”). The entire Cash Management Sublimit will be treated as an Advance for purposes of determining availability under the Credit Limit and shall decrease, on a dollar-for-dollar basis, the amount available for other Advances. The Cash Management Services shall be subject to additional terms set forth in applicable cash management services agreements.

Appears in 1 contract

Samples: Business Financing Agreement (Vapotherm Inc)

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Cash Management Services. Borrower may use availability hereunder up to the Cash Management Sublimit for Lender’s 's cash management services, which may include merchant services, direct deposit of payroll, business credit card, and check cashing services identified in various cash management services agreements related to such services (the "Cash Management Services"). The entire Cash Management Sublimit will be treated as an ABL Advance for purposes of determining availability under the ABL Credit Limit and shall decrease, on a dollar-for-dollar basis, the amount available for other ABL Advances. The Cash Management Services shall be subject to additional terms set forth in applicable cash management services agreements.

Appears in 1 contract

Samples: Business Financing Agreement (Selectica Inc)

Cash Management Services. Borrower may use availability hereunder up to the Cash Management Sublimit for Lender’s 's cash management services, which may include merchant services, direct deposit of payroll, business credit card, and check cashing services identified in various cash management services agreements related to such services (the "Cash Management Services"). The entire Cash Management Sublimit will be treated as an Advance for purposes of determining availability under the Credit Limit and Borrowing Base and shall decrease, on a dollar-for-dollar basis, the amount available for other Advances. The Cash Management Services shall be subject to additional terms set forth in applicable cash management services agreements.

Appears in 1 contract

Samples: Business Financing Agreement (Transwitch Corp /De)

Cash Management Services. Borrower may use availability hereunder up to the Cash Management Sublimit for Lender’s 's cash management services, which may include merchant services, direct deposit of payroll, business credit card, and check cashing services identified in various cash management services agreements related to such services (the "Cash Management Services"). The entire Cash Management Sublimit will be treated as an Advance for purposes of determining availability under the Domestic Credit Limit and shall decrease, on a dollar-for-dollar basis, the amount available for other Advances. The Cash Management Services shall be subject to additional terms set forth in applicable cash management services agreements.

Appears in 1 contract

Samples: Business Financing Modification Agreement (Socket Mobile, Inc.)

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