Common use of Collateral Schedules Clause in Contracts

Collateral Schedules. Concurrently with the execution and delivery of this Agreement, Borrower shall execute and deliver to Lender schedules of Accounts and schedules of Eligible Accounts in form and substance satisfactory to the Lender. Thereafter supplemental schedules shall be delivered according to the following schedule: With respect to Eligible Accounts, schedules shall be delivered as follows: Monthly accounts receivable and accounts payable agings within fifteen (15) days of month end with Borrowing Base Certificate.

Appears in 1 contract

Samples: Business Loan Agreement (Asset Based) (Versant Corp)

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Collateral Schedules. Concurrently with the execution and delivery of this Agreement, Borrower shall execute and deliver to Lender schedules of Accounts and schedules of Eligible Accounts in form and substance satisfactory to the Lender. Thereafter supplemental schedules shall be delivered according to the following schedule: With respect to Eligible AccountsAccount s, schedules shall be delivered as follows: Monthly accounts receivable and accounts payable agings within fifteen (15) days of month month-end with Borrowing Base Certificatein the form of a borrowing base certificate.

Appears in 1 contract

Samples: Business Loan Agreement (Asset Based) (Gse Systems Inc)

Collateral Schedules. Concurrently with the execution and delivery of this Agreement, Agreement Borrower shall execute and deliver to Lender schedules of Accounts and schedules of Eligible Accounts in form and substance reasonably satisfactory to the Lender. Thereafter supplemental schedules shall be delivered according to the following schedule: With respect to Eligible Accounts, schedules shall be delivered as follows: Monthly accounts receivable and accounts payable agings aging within fifteen (15) days of month end with Borrowing Base Certificate.

Appears in 1 contract

Samples: Business Loan Agreement (Niku Corp)

Collateral Schedules. Concurrently with the execution and delivery of this Agreement, Borrower shall execute and deliver to Lender schedules of Accounts and schedules of Eligible Accounts in form and substance satisfactory to the Lender. Thereafter supplemental schedules shall be delivered according to the following schedule: With respect to Eligible Accounts, schedules shall be delivered as follows: Monthly accounts receivable and accounts payable agings within fifteen (15) days of month end and with Borrowing Base Certificate.

Appears in 1 contract

Samples: Business Loan Agreement (Asset Based) (Versant Corp)

Collateral Schedules. Concurrently with the execution and delivery of this Agreement, Borrower shall execute and deliver to Lender schedules of Accounts and schedules of Eligible Accounts in form and substance satisfactory to the Lender. Thereafter supplemental schedules shall be delivered according to the following schedule: With respect to Eligible Accounts, schedules shall be delivered as follows: Monthly for which there is an outstanding principal balance on Loan and with each Loan request made without an existing balance, within 30 days after the end of each month. Borrower shall also provide accounts receivable agings at the same time in form and accounts payable agings within fifteen (15) days of month end with Borrowing Base Certificatesubstance satisfactory to the Lender.

Appears in 1 contract

Samples: Commercial Guaranty (Torotel Inc)

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Collateral Schedules. Concurrently with the execution and delivery of this Agreement, Borrower shall execute and deliver to Lender schedules of Accounts and schedules of Eligible Accounts in form and substance satisfactory to the Lender. Thereafter supplemental schedules shall be delivered according to the following schedule: With respect to Eligible Accounts, schedules shall be delivered as follows: Monthly accounts receivable and accounts payable agings within fifteen thirty (1530) days of month end with Borrowing Base Certificatedays.

Appears in 1 contract

Samples: Business Loan Agreement (Asset Based) (TGC Industries Inc)

Collateral Schedules. Concurrently with the execution and delivery of this Agreement, Borrower shall execute and deliver to Lender schedules of Accounts and schedules of Eligible Accounts in form and substance satisfactory to the Lender. Thereafter supplemental schedules shall be delivered according to the following schedule: With respect to Eligible Accounts, schedules shall be delivered as follows: Monthly within 30 days after the end of each month for which there is an outstanding principal balance on Loan and with each Loan request made without an existing balance. Borrower shall also provide accounts receivable agings at the same time in form and accounts payable agings within fifteen (15) days of month end with Borrowing Base Certificatesubstance satisfactory to the Lender.

Appears in 1 contract

Samples: Business Loan Agreement (Torotel Inc)

Collateral Schedules. Concurrently with the execution and delivery of this Agreement, Borrower shall execute and deliver to Lender schedules of Accounts and schedules of Eligible Accounts in form and substance satisfactory to the Lender. Thereafter supplemental schedules shall be delivered according to the following schedule: With respect to Eligible Accounts, schedules shall be delivered as follows: Monthly accounts receivable and accounts payable agings within fifteen (15) days of month end with Borrowing Base CertificateEvery 30 days.

Appears in 1 contract

Samples: Business Loan Agreement (Homenet Corp)

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