DEFINITION OF QUALIFIED ACCOUNT. The term "Qualified Account", as used herein, means an Account owing to Borrower which met the following specifications at the time it came into existence and continues to meet the same until it is collected in full:
Appears in 3 contracts
Samples: Commercial Revolving Loan and Security Agreement (Aseco Corp), Demand Loan and Security Agreement (International Electronics Inc), Loan and Security Agreement (Webhire Inc)
DEFINITION OF QUALIFIED ACCOUNT. The term "“Qualified Account"”, as used herein, means an Account owing to Borrower which met the following specifications at the time it came into existence and continues to meet the same until it is collected in full:
Appears in 2 contracts
Samples: Loan and Security Agreement (Icad Inc), Loan and Security Agreement (Sevcon, Inc.)
DEFINITION OF QUALIFIED ACCOUNT. The term "“Qualified Account"”, as used herein, means an Account owing to Borrower Borrowers which met the following specifications at the time it came into existence and continues to meet the same until it is collected in full:
Appears in 1 contract
Samples: Loan and Security Agreement (Smith & Wesson Holding Corp)
DEFINITION OF QUALIFIED ACCOUNT. The term "Qualified Account", as used herein, means an Account account, as such term is defined by the Massachusetts UCC (hereinafter an "Account") owing to Borrower which met the following specifications at the time it came into existence and continues to meet the same until it is collected in full:
Appears in 1 contract
Samples: Equipment and Commercial Revolving Line of Credit Agreement (Hittite Microwave Corp)
DEFINITION OF QUALIFIED ACCOUNT. The term "“Qualified Account"”, as used herein, means shall mean an Account account owing to any Borrower which met the following specifications at the time it came into existence and continues to meet the same until it is collected in full:
Appears in 1 contract
Samples: Loan and Security Agreement (Industrial Services of America Inc)
DEFINITION OF QUALIFIED ACCOUNT. The term "“Qualified Account"”, as used herein, means an Account account owing to Borrower which met the following specifications at the time it came into existence and continues to meet the same until it is collected in full:
Appears in 1 contract
Samples: Loan and Security Agreement (Blonder Tongue Laboratories Inc)
DEFINITION OF QUALIFIED ACCOUNT. The term "Qualified Account", as used herein, means an Account account owing to Borrower which met the following specifications at the time it came into existence and continues to meet the same until it is collected in full:
Appears in 1 contract
Samples: Demand Loan and Security Agreement (Divine Skin Inc.)
