Common use of COLLECTION AND ADMINISTRATION Clause in Contracts

COLLECTION AND ADMINISTRATION. 6.1 Borrowers' Loan Accounts. Agent 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 any Borrower or 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 Agent's customary practices as in effect from time to time.

Appears in 2 contracts

Samples: Loan and Security Agreement (Hartmarx Corp/De), Loan and Security Agreement (Allou Health & Beauty Care Inc)

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COLLECTION AND ADMINISTRATION. 6.1 5.1 US Borrowers' Loan Accounts. Account Agent 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 any each US Borrower or 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 Agent's ’s customary practices as in effect from time to time.

Appears in 2 contracts

Samples: General Security Agreement (SMTC Corp), General Security Agreement (SMTC Corp)

COLLECTION AND ADMINISTRATION. 6.1 Borrowers' Borrower’s Loan Accounts. Account Agent shall maintain one or more loan account(s) on its books in which shall be recorded recorded: (a) all Loans, Letter of Credit Accommodations and other Obligations and the Collateral, ; (b) all payments made by or on behalf of any Borrower or Guarantor 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 Agent's ’s customary practices as in effect from time to time.

Appears in 2 contracts

Samples: Credit Agreement (Imax Corp), Credit Agreement (Imax Corp)

COLLECTION AND ADMINISTRATION. 6.1 Borrowers' Loan AccountsAccount. Agent 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 any Borrower or Guarantor 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 Agent's ’s customary practices as in effect from time to time.

Appears in 1 contract

Samples: Loan and Security Agreement (Huffy Corp)

COLLECTION AND ADMINISTRATION. 6.1 6.1. Borrowers' Loan Accounts; Registered Notes. (a) Agent shall maintain one or more loan account(s) accounts on its books in which shall be recorded (ai) all Loans, Letter of Credit Accommodations the Loan and other Obligations and the Collateral, (bii) all payments made by or on behalf of any Borrower or Guarantor and (ciii) 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) accounts shall be made in accordance with Agent's customary practices as in effect from time to time.

Appears in 1 contract

Samples: Loan and Security Agreement (International Wire Group Inc)

COLLECTION AND ADMINISTRATION. 6.1 Borrowers' Loan AccountsBORROWER LOAN ACCOUNT. Agent 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 any Borrower or 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 Agent's customary practices as in effect from time to time.

Appears in 1 contract

Samples: Loan and Security Agreement (Anchor Glass Container Corp /New)

COLLECTION AND ADMINISTRATION. 6.1 5.1. The Borrowers' Loan Accounts. Account Agent 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 any Borrower or Guarantor the 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 Agent's ’s customary practices as in effect from time to time.

Appears in 1 contract

Samples: Loan Agreement (SMTC Corp)

COLLECTION AND ADMINISTRATION. 6.1 Borrowers' Borrower's Loan AccountsAccounts . Agent 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 any 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 Agent's customary practices as in effect from time to time.. 6.2

Appears in 1 contract

Samples: Loan and Security Agreement (Gsi Group Inc)

COLLECTION AND ADMINISTRATION. 6.1 Borrowers' Borrower's Loan AccountsAccount. Agent 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 any 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 Agent's customary practices as in effect from time to time.

Appears in 1 contract

Samples: Loan and Security Agreement (Rouge Industries Inc)

COLLECTION AND ADMINISTRATION. 6.1 Borrowers' Borrower's Loan AccountsAccounts . Agent shall maintain one or more loan account(s) (each, a "loan account") 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 any 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 Agent's customary practices as in effect from time to time.. 6.2

Appears in 1 contract

Samples: Loan and Security Agreement (Gsi Group Inc)

COLLECTION AND ADMINISTRATION. 6.1 Borrowers' 6.1. Borrower's Loan AccountsAccount. Agent 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 any Borrower or 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 Agent's customary practices as in effect from time to time.

Appears in 1 contract

Samples: Loan and Security Agreement (Optical Cable Corp)

COLLECTION AND ADMINISTRATION. 6.1 Borrowers' Loan AccountsBORROWER'S LOAN ACCOUNTS. Agent 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 any Borrower or 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 Agent's customary practices as in effect from time to time.

Appears in 1 contract

Samples: Loan and Security Agreement (Aep Industries Inc)

COLLECTION AND ADMINISTRATION. 6.1 Borrowers' Borrower's Loan AccountsAccount. Agent 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 any Borrower or Guarantor 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 Agent's customary practices as in effect from time to time.

Appears in 1 contract

Samples: Loan and Security Agreement (Zany Brainy Inc)

COLLECTION AND ADMINISTRATION. 6.1 Borrowers' Loan AccountsAccount. Agent shall maintain one or more loan account(s) on its books in which shall be recorded (a) all Loans, Letter Letters of Credit Accommodations and other Obligations and the Collateral, (b) all payments made by or on behalf of any Borrower or 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 Agent's customary practices as in effect from time to time.

Appears in 1 contract

Samples: Loan and Security Agreement (Delta Apparel Inc)

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COLLECTION AND ADMINISTRATION. 6.1 Borrowers' Borrower's Loan AccountsAccount. Agent 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 any Borrower or Guarantor 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 Agent's customary practices as in effect from time to time.

Appears in 1 contract

Samples: Loan and Security Agreement (Payless Cashways Inc)

COLLECTION AND ADMINISTRATION. 6.1 Borrowers' Borrower's Loan Accounts. Account Agent 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 any Borrower or 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 Agent's customary practices as in effect from time to time.

Appears in 1 contract

Samples: Loan Agreement (Merisel Inc /De/)

COLLECTION AND ADMINISTRATION. 6.1 Borrowers' Borrowers= Loan Accounts. Agent 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 any Borrower or 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 Agent's customary practices as in effect from time to time.

Appears in 1 contract

Samples: Loan and Security Agreement (Pep Boys Manny Moe & Jack)

COLLECTION AND ADMINISTRATION. 6.1 Borrowers' Borrower Loan AccountsAccount. Agent 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 any Borrower or 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 Agent's ’s customary practices as in effect from time to time.

Appears in 1 contract

Samples: Loan and Security Agreement (Reptron Electronics Inc)

COLLECTION AND ADMINISTRATION. 6.1 Borrowers' Loan Accounts. Agent shall maintain one or more loan account(s) on its books in which shall be recorded (a) all Revolving Loans, Letter Letters of Credit Accommodations and other Obligations and the Collateral, (b) all payments made by or on behalf of any Borrower or 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 Agent's ’s customary practices as in effect from time to time...

Appears in 1 contract

Samples: Loan and Security Agreement (Adc Telecommunications Inc)

COLLECTION AND ADMINISTRATION. 6.1 BorrowersBORROWERS' Loan AccountsLOAN ACCOUNT. Agent 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 any Borrower or Guarantor 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 Agent's customary practices as in effect from time to time.

Appears in 1 contract

Samples: Loan and Security Agreement (Huffy Corp)

COLLECTION AND ADMINISTRATION. 6.1 Borrowers' 7.1 Borrower's Loan AccountsAccount. Agent 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 any Borrower or Guarantor 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 Agent's customary practices as in effect from time to time.

Appears in 1 contract

Samples: Loan and Security Agreement (Zany Brainy Inc)

COLLECTION AND ADMINISTRATION. 6.1 Borrowers' 7.1 Borrower's Loan AccountsAccount. Agent 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 any Borrower or Guarantor 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 Agent's customary practices as in effect from time to time.

Appears in 1 contract

Samples: Loan and Security Agreement (Haynes International Inc)

COLLECTION AND ADMINISTRATION. 6.1 Borrowers' Loan AccountsAccount. Agent 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 any Borrower or Guarantor 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 Agent's customary practices as in effect from time to time.

Appears in 1 contract

Samples: Loan and Security Agreement (Huffy Corp)

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