Common use of Eligible Account Clause in Contracts

Eligible Account. an Account arising in the ordinary course of Borrower’s business from the sale of goods or rendition of services which Lender, in its sole credit judgment, deems to be an Eligible Account. Without limiting the generality of the foregoing, no Account shall be an Eligible Account if:

Appears in 1 contract

Sources: Loan and Security Agreement (Allied Healthcare Products Inc)

Eligible Account. an Account arising in the ordinary course of Borrower’s the business of a Borrower from the sale of goods or rendition of services which Lenderservices; provided, in its sole credit judgment, deems to be an Eligible Account. Without limiting the generality of the foregoing, that no Account shall be an Eligible Account if:

Appears in 1 contract

Sources: Loan and Security Agreement (Neenah Foundry Co)

Eligible Account. an Account arising in the ordinary course of Borrower’s 's business from the sale of goods or rendition of services which LenderAgent, in its sole reasonable credit judgment, deems to be an Eligible Account. Without limiting the generality of the foregoing, no Account shall be an Eligible Account if:

Appears in 1 contract

Sources: Loan and Security Agreement (Houston Wire & Cable CO)

Eligible Account. an Account arising in the ordinary course of Borrower’s the business of the applicable Obligor from the sale of goods or rendition of services which Lenderservices; provided, in its sole credit judgmenthowever, deems to be an Eligible Account. Without limiting the generality of the foregoingthat, no Account shall be an Eligible Account if:

Appears in 1 contract

Sources: Loan and Security Agreement (Anchor Lamina Inc)

Eligible Account. an Account arising in the ordinary course of Borrower’s the business of any Borrower from the sale of goods or rendition of services which Lender, in its sole credit judgment, deems to be an Eligible Account. Without limiting the generality that complies with each of the foregoing, representations and warranties respecting Eligible Accounts made in the Loan Documents; provided that no Account shall be an Eligible Account if:

Appears in 1 contract

Sources: Loan and Security Agreement (Century Aluminum Co)

Eligible Account. an Account arising in the ordinary course of Borrower’s the business of any of the Borrowers from the sale of goods or rendition of services which LenderCollateral Agent, in its sole reasonable credit judgment, deems to be an Eligible Account. Without limiting the generality of the foregoing, no Account shall be an Eligible Account if:

Appears in 1 contract

Sources: Loan, Security and Guaranty Agreement (Quest Resource Holding Corp)

Eligible Account. an Account arising in the ordinary course of Borrower’s business from the sale of goods or rendition of services which LenderAgent, in its sole credit judgment, deems to be an Eligible Account. Without limiting the generality of the foregoing, no Account shall be an Eligible Account if:

Appears in 1 contract

Sources: Loan and Security Agreement (Home Products International Inc)