Common use of Contra Accounts Clause in Contracts

Contra Accounts. Accounts to the extent a Borrower or any Subsidiary thereof is liable for goods sold or services rendered by the applicable Account Debtor to such Borrower or any Subsidiary thereof but only to the extent of the potential offset;

Appears in 7 contracts

Samples: Revolving Credit Agreement (Real Industry, Inc.), Revolving Credit Agreement (Signature Group Holdings, Inc.), Credit Agreement (Axiall Corp/De/)

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Contra Accounts. Accounts such Account to the extent a the Borrower or any Subsidiary subsidiary thereof is liable for goods sold or services rendered by the applicable Account Debtor to such Borrower or any Subsidiary thereof debtor, but only to the extent of the potential offset;

Appears in 3 contracts

Samples: Revolving Credit Agreement (Amneal Pharmaceuticals, Inc.), Revolving Credit Agreement (Amneal Pharmaceuticals, Inc.), Revolving Credit Agreement (Amneal Pharmaceuticals, Inc.)

Contra Accounts. Accounts to the extent a the Borrower or any Subsidiary thereof is liable for goods sold or services rendered by the applicable Account Debtor to such the Borrower or any Subsidiary thereof but only to the extent of the potential offset;

Appears in 2 contracts

Samples: Credit Agreement (WII Components, Inc.), Credit Agreement (Essex Rental Corp.)

Contra Accounts. Accounts to the extent a the Borrower or any Subsidiary thereof is liable for goods sold or services rendered by the applicable Account Debtor to such the Borrower or any such Subsidiary thereof but only to the extent of the potential offset;

Appears in 2 contracts

Samples: Credit Agreement (Diplomat Pharmacy, Inc.), Credit Agreement (Diplomat Pharmacy, Inc.)

Contra Accounts. Accounts to the extent a the Borrower or any Subsidiary thereof is liable for goods sold or services rendered by the applicable Account Debtor to such Borrower or any Subsidiary thereof but only to the extent of the potential offset;

Appears in 1 contract

Samples: Credit Agreement (Solo Cup CO)

Contra Accounts. Accounts to the extent a any Borrower or any Subsidiary thereof is liable for goods sold or services rendered by the applicable Account Debtor to such Borrower or any Subsidiary thereof but only to the extent of the potential offset;

Appears in 1 contract

Samples: Credit Agreement (Winnebago Industries Inc)

Contra Accounts. Accounts to the extent that Holdings or a Borrower or any Subsidiary thereof is liable for goods sold or services rendered by the applicable Account Debtor to such Borrower Holdings or any Subsidiary thereof but only to the extent of the potential offset;

Appears in 1 contract

Samples: Credit Agreement (Constar International Inc)

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Contra Accounts. Accounts to the extent a Borrower or any Subsidiary thereof is liable for goods sold or services rendered by the applicable Account Debtor to such Borrower or any Subsidiary thereof but only to the extent of the potential offsetoffset (sometimes called “contra” accounts, accounts payable, customer deposits or credit accounts);

Appears in 1 contract

Samples: Credit Agreement (NxStage Medical, Inc.)

Contra Accounts. Accounts to the extent a Borrower or any Subsidiary thereof is liable for goods sold or services rendered by the applicable Account Debtor to such Borrower or any Subsidiary thereof but only to the extent of the potential offset;

Appears in 1 contract

Samples: Credit Agreement (Tembec Industries Inc)

Contra Accounts. Accounts to the extent the a Borrower or any Subsidiary thereof is liable for goods sold or services rendered by the applicable Account Debtor to such a Borrower or any Subsidiary thereof but only to the extent of the potential offset;

Appears in 1 contract

Samples: Credit Agreement (Essex Rental Corp.)

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