Common use of Charges to Accounts Clause in Contracts

Charges to Accounts. PFG may, in its discretion, require that Borrower pay monetary Obligations in cash to PFG, 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 6 contracts

Samples: Loan and Security Agreement (Mattersight Corp), Loan and Security Agreement (Bioject Medical Technologies Inc), Loan and Security Agreement (Bioject Medical Technologies Inc)

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Charges to Accounts. PFG may, in its reasonable discretion, require that the Borrower pay monetary Obligations in cash to PFG or any other relevant Noteholder, which, if not paid by the Borrower within three (3) Business Days of the earlier of their due date or a demand by PFG, or charge them may be charged to Borrower’s Loan 's account, in which event they will bear interest at the same rate applicable to the LoansNotes.

Appears in 3 contracts

Samples: Facility Agreement (CBD Energy LTD), Facility Agreement (CBD Energy LTD), Facility Agreement (CBD Energy LTD)

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

Appears in 1 contract

Samples: Loan and Security Agreement (St. Bernard Software, Inc.)

Charges to Accounts. PFG may, in its discretion, require that Borrower pay monetary Obligations in cash to PFG, or if not paid when due, charge them to Borrower’s Loan account, in which event they will bear interest at the same rate applicable to the Loans.

Appears in 1 contract

Samples: Loan and Security Agreement (Irvine Sensors Corp/De/)

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Charges to Accounts. PFG may, upon Borrower’s request and in its PFG’s sole discretion, require that Borrower pay monetary Obligations in cash to PFG, 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 1 contract

Samples: Revolving Loan and Security Agreement (Sonic Foundry Inc)

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