Common use of CHARGES TO ACCOUNT Clause in Contracts

CHARGES TO ACCOUNT. GBC may, in its discretion, require that Borrower pay monetary Obligations in cash to GBC, or charge them to Borrower's Loan account, in which event they will bear interest at the same rate applicable to the Loans.

Appears in 16 contracts

Samples: Loan and Security Agreement (Quarterdeck Corp), Loan and Security Agreement (Interplay Entertainment Corp), Loan and Security Agreement (Com21 Inc)

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CHARGES TO ACCOUNT. GBC may, in its discretion, require that Borrower borrower pay monetary Obligations in cash to GBC, or charge them to Borrower's Loan account, in which event they will bear interest at the same rate applicable to the Loans.

Appears in 2 contracts

Samples: Loan and Security Agreement (Indus International), TSW International Inc

CHARGES TO ACCOUNT. GBC may, in its discretion, require that Borrower pay monetary Obligations in cash to GBC, or charge them to Borrower's Loan account, in which event they will bear interest at the same rate applicable to the Loans.. XXXXXXXX XXXXXXXX CREDIT LOAN AND SECURITY AGREEMENT

Appears in 1 contract

Samples: Loan and Security Agreement (Sa Telecommunications Inc /De/)

CHARGES TO ACCOUNT. GBC may, in its discretion, require that Borrower pay monetary Obligations in cash * to GBC, or charge them to Borrower's Loan account, in which event they will bear interest at the same rate applicable to the Loans.. * immediately available funds

Appears in 1 contract

Samples: Loan and Security Agreement (Seer Technologies Inc /De)

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CHARGES TO ACCOUNT. GBC may, in its discretion, require that Borrower pay monetary Obligations in cash to GBC, or charge them to Borrower's Loan account, in which event they will bear interest at the same rate applicable to the Loans.. 9.4

Appears in 1 contract

Samples: Syquest Technology Inc

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