Common use of Contra Accounts Clause in Contracts

Contra Accounts. Accounts designated by Agent to the extent the Borrower or any Domestic Subsidiary thereof that has operations in the United States is liable for goods sold or services rendered by the applicable Account Debtor to the Borrower or any Domestic Subsidiary thereof that has operations in the United States but only to the extent of the potential offset;

Appears in 5 contracts

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

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