Commercial Account. The term “COMMERCIAL ACCOUNT” means the commercial checking account to be established and maintained by any or all of the BORROWERS with the LENDER and which may be utilized as the means of advancing funds under the LOAN.
Appears in 2 contracts
Samples: Loan and Security Agreement (Avatech Solutions Inc), Loan and Security Agreement (Avatech Solutions Inc)
Commercial Account. The term “"COMMERCIAL ACCOUNT” " means the commercial checking account to be established and maintained by any or all of the BORROWERS BORROWER with the LENDER and which may be utilized as the means of advancing funds under the LOAN.
Appears in 2 contracts
Samples: Loan and Security Agreement (Accom Inc), Loan and Security Agreement (Avatech Solutions Inc)
Commercial Account. The term “"COMMERCIAL ACCOUNT” " means the commercial checking account to be established and maintained by any or all of the BORROWERS BORROWER with the LENDER and which may to be utilized as the means of advancing funds under the REVOLVING LOAN.
Appears in 1 contract
Samples: Loan and Security Agreement (Ea Engineering Science & Technology Inc)
Commercial Account. The term “"COMMERCIAL ACCOUNT” " means the commercial checking account to be established and maintained by any or all of the BORROWERS BORROWER with the LENDER and which may be to utilized as the means of advancing funds under the proceeds of the LOAN.
Appears in 1 contract
Samples: Loan Agreement (Vocus, Inc.)
Commercial Account. The term “COMMERCIAL ACCOUNT” ACCOUNT means the commercial checking account to be established and maintained by any or all of the BORROWERS with the LENDER and which may be utilized as the means of advancing funds under the LOAN.
Appears in 1 contract
