Disputes, Returns and Adjustments. (a) In the event any amounts due and owing under any Receivable for an amount in excess of $1,000,000 are in dispute between the Account Debtor and the Borrower, the Borrower shall provide the Agent with prompt written notice thereof.
Appears in 2 contracts
Samples: Loan and Security Agreement (Standard Commercial Corp), Loan and Security Agreement (Nabi /De/)
Disputes, Returns and Adjustments. (a) In the event any amounts due and owing under any Eligible Receivable for an amount in excess of $1,000,000 250,000 are in dispute between the Account Debtor and the Borrower, the Borrower shall provide the Agent with prompt written notice thereof.
Appears in 2 contracts
Samples: Loan and Security Agreement (Burke Industries Inc /Ca/), Loan and Security Agreement (Burke Industries Inc /Ca/)
Disputes, Returns and Adjustments. (a) In the event any amounts due and owing under any Receivable for an amount in excess of $1,000,000 10,000 are in dispute between the Account Debtor and the Borrower, the Borrower shall provide the Agent with prompt written notice thereof.
Appears in 1 contract
Samples: Loan and Security Agreement (Supreme International Corp)
Disputes, Returns and Adjustments. (a) In the event any amounts due and owing under any Receivable for an amount in excess of $1,000,000 250,000 are in dispute between the Account Debtor and the any Borrower, the Borrower Borrowers' Agent shall provide the Agent with prompt written notice thereof.
Appears in 1 contract
Disputes, Returns and Adjustments. (a) In the event any amounts due and owing under any Receivable for an amount in excess of $1,000,000 250,000 are in dispute between the an Account Debtor and the Borrowera Borrower or Trust, the Borrower Borrowers shall provide the Agent with prompt written notice thereof.
Appears in 1 contract
Samples: Loan and Security Agreement (Kellstrom Industries Inc)
Disputes, Returns and Adjustments. (a) In the event any amounts due and owing under any Receivable for an amount in excess of $1,000,000 100,000 are in dispute between the Account Debtor and the a Borrower, the Borrower Borrowers' Agent shall provide the Agent with prompt written notice thereof.
Appears in 1 contract
Samples: Loan and Security Agreement (Supreme International Corp)