Common use of COLLECTION AND ADMINISTRATION Clause in Contracts

COLLECTION AND ADMINISTRATION. 6.1 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 16 contracts

Samples: Loan Agreement (Stuart Entertainment Inc), Loan and Security Agreement (Hirsch International Corp), Loan and Security Agreement (Plainwell Inc)

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COLLECTION AND ADMINISTRATION. 6.1 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 6 contracts

Samples: Loan and Security Agreement (Storage Dimensions Inc), Loan and Security Agreement (PST Vans Inc), Loan and Security Agreement (Alliance Gaming Corp)

COLLECTION AND ADMINISTRATION. 6.1 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 customary practices as in effect from time to time.

Appears in 4 contracts

Samples: Financing Agreement (Imperial Industries Inc), Loan and Security Agreement (Findwhat Com Inc), Loan and Security Agreement (Centennial Technologies Inc)

COLLECTION AND ADMINISTRATION. 6.1 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 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 (Wherehouse Entertainment Inc /New/), Loan and Security Agreement (Gottschalks Inc), Loan and Security Agreement (Wherehouse Entertainment Inc)

COLLECTION AND ADMINISTRATION. 6.1 5.1 Borrower's Loan AccountAccounts. 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 Agreement (RBX Corp), Loan Agreement (RBX Corp), Loan Agreement (RBX Industries Inc)

COLLECTION AND ADMINISTRATION. 6.1 6.1. 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 3 contracts

Samples: Loan and Security Agreement (Musicland Stores Corp), Loan and Security Agreement (Lamaur Corp), Loan and Security Agreement (Cti Industries Corp)

COLLECTION AND ADMINISTRATION. 6.1 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 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 (Atlantic Express Transportation Corp), Loan and Security Agreement (Decorative Home Accents Inc), Loan and Security Agreement (Atlantic Express Transportation Corp)

COLLECTION AND ADMINISTRATION. 6.1 Borrower's Loan Account. 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 2 contracts

Samples: Loan Agreement (G G S Plastic Engineering Inc), Loan Agreement (G G S Plastic Engineering Inc)

COLLECTION AND ADMINISTRATION. 6.1 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 customary practices as in effect from time to time.

Appears in 2 contracts

Samples: Loan and Security Agreement (Congoleum Corp), Loan and Security Agreement (American Biltrite Inc)

COLLECTION AND ADMINISTRATION. 6.1 Borrower's Borrowers' 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 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 (Alpha Technologies Group Inc)

COLLECTION AND ADMINISTRATION. 6.1 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 (Go Video Inc)

COLLECTION AND ADMINISTRATION. 6.1 Borrower's Loan Account6.1. BORROWERS' 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 (Grossmans Inc)

COLLECTION AND ADMINISTRATION. 6.1 6.1. 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 (Party City Corp)

COLLECTION AND ADMINISTRATION. 6.1 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, 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 (Diplomat Corp)

COLLECTION AND ADMINISTRATION. 6.1 Borrower's Borrowers' Loan AccountAccount(s). 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 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 (Raytech Corp)

COLLECTION AND ADMINISTRATION. 6.1 Borrower's Loan AccountAccount . 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 1 contract

Samples: Loan and Security Agreement (Zila Inc)

COLLECTION AND ADMINISTRATION. 6.1 Borrower's Borrowers' Loan AccountAccount(s). 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 (G & G Retail Inc)

COLLECTION AND ADMINISTRATION. 6.1 Borrower's Loan Account. 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 customary practices as in effect from time to time.

Appears in 1 contract

Samples: Loan Agreement (Catalina Lighting Inc)

COLLECTION AND ADMINISTRATION. 6.1 Borrower's Revolving Loan AccountAccounts. 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 or any Guarantor 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 (Us Lec Corp)

COLLECTION AND ADMINISTRATION. 6.1 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 customary practices as in effect from time to time.

Appears in 1 contract

Samples: Loan and Security Agreement (Bontex Inc)

COLLECTION AND ADMINISTRATION. 6.1 Borrower's Loan AccountBORROWER'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 (Cerplex Group Inc/De)

COLLECTION AND ADMINISTRATION. 6.1 Borrower's Borrowers' 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 Borrowers 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 (Transit Group Inc)

COLLECTION AND ADMINISTRATION. 6.1 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 timetime and in accordance with the terms of this Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Diplomat Corp)

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COLLECTION AND ADMINISTRATION. 6.1 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.expenses

Appears in 1 contract

Samples: Loan and Security Agreement (Navarre Corp /Mn/)

COLLECTION AND ADMINISTRATION. 6.1 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)

COLLECTION AND ADMINISTRATION. 6.1 Borrower's Revolving 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 1 contract

Samples: Loan and Security Agreement (Poindexter J B & Co Inc)

COLLECTION AND ADMINISTRATION. 6.1 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 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.and

Appears in 1 contract

Samples: Loan Agreement (Consolidated Capital of North America Inc)

COLLECTION AND ADMINISTRATION. 6.1 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 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 (Transpro Inc)

COLLECTION AND ADMINISTRATION. 6.1 Borrower's ’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 (Inverness Medical Innovations Inc)

COLLECTION AND ADMINISTRATION. 6.1 Borrower's Borrowers' Loan AccountAccount(s). 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, or either of them, 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 (United Grocers Inc /Or/)

COLLECTION AND ADMINISTRATION. 6.1 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 the Loan and 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 1 contract

Samples: Loan and Security Agreement (First Aviation Services Inc)

COLLECTION AND ADMINISTRATION. 6.1 Borrower's Borrowers' 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 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 (Ultralife Batteries Inc)

COLLECTION AND ADMINISTRATION. 6.1 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 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 (Hypercom Corp)

COLLECTION AND ADMINISTRATION. 6.1 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 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 (Nei Webworld Inc)

COLLECTION AND ADMINISTRATION. 6.1 Borrower's Borrowers' Loan AccountAccounts. 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 (Central Sprinkler Corp)

COLLECTION AND ADMINISTRATION. 6.1 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 14 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 (Go Video Inc)

COLLECTION AND ADMINISTRATION. 6.1 Borrower's Loan AccountBORROWERS' LOAN ACCOUNTS. 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 (Waxman Industries Inc)

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