Common use of Eligible Accounts Clause in Contracts

Eligible Accounts. As to each Account that is identified by a Borrower as an Eligible Account in a Borrowing Base Certificate submitted to Lender, such Account is (a) a bona fide existing payment obligation of the applicable Account Debtor created by the sale and delivery of Inventory or the rendition of services to such Account Debtor in the ordinary course of such Borrower’s business, (b) owed to such Borrower, and (c) not excluded as ineligible by virtue of one or more of the excluding criteria (other than Lender-discretionary criteria) set forth in the definition of Eligible Accounts.

Eligible Accounts. As to each Account that is identified by a any Borrower as an Eligible Account in a Borrowing Base Certificate submitted to LenderAgent, such Account is (a) a bona fide existing payment obligation of the applicable Account Debtor created by the sale and delivery of Inventory or the rendition of services to such Account Debtor in the ordinary course of such Borrower’s Borrowers’ business, (b) owed to such Borrowerone or more of the Borrowers, and (c) not excluded as ineligible by virtue of one or more of the excluding criteria (other than LenderAgent-discretionary criteria) set forth in the definition of Eligible Accounts.

Eligible Accounts. As to each Account that is identified by a any Borrower as an Eligible Account in a Borrowing Base Certificate submitted to LenderAgent, such Account is (a) a bona fide existing payment obligation of the applicable Account Debtor created by the sale and delivery of Inventory or the rendition of services to such Account Debtor in the ordinary course Ordinary Course of such Borrower’s businessBusiness, (b) owed to such Borrowerone or more of the Borrowers, and (c) not excluded as ineligible by virtue of one or more of the excluding criteria (other than LenderAgent-discretionary criteria) set forth in the definition of Eligible Accounts.

Eligible Accounts. As to each Account that is identified by a any Borrower as an Eligible Account in a Borrowing Base Certificate submitted to LenderAgent, such Account is (a) a bona fide existing payment obligation of the applicable Account Debtor created by the sale and delivery of Inventory or the rendition of services to such Account Debtor in the ordinary course of such the applicable Borrower’s business, (b) owed to such Borrower, and (c) not excluded as ineligible by virtue of one or more of the excluding criteria (other than LenderAgent-discretionary criteria) set forth in the definition of Eligible Accounts.

Eligible Accounts. As to each Account that is identified by a any Borrower as an Eligible Account in a Borrowing Base Certificate submitted to LenderAgent, such Account is (a) a bona fide existing payment obligation of the applicable Account Debtor created by the sale and delivery of Inventory or the rendition of services to such Account Debtor in the ordinary course of such Borrower’s businessDebtor, (b) owed to such Borrowerone or more of the Loan Parties, and (c) not excluded as ineligible by virtue of one or more of the excluding criteria (other than LenderAgent-discretionary criteria) set forth in the definition of Eligible Accounts.

Eligible Accounts. As to each Account that is identified by a Borrower as an Eligible Account in a Borrowing Base Certificate borrowing base report submitted to LenderAgent, such Account is (a) a bona fide existing payment obligation of the applicable Account Debtor created by the sale and delivery of Inventory or the rendition of services to such Account Debtor in the ordinary course of such Borrower’s business, (b) owed to such BorrowerBorrower without any known defenses, disputes, offsets, counterclaims, or rights of return or cancellation, and (c) not excluded as ineligible by virtue of one or more of the excluding criteria (other than Lender-discretionary criteria) set forth in the definition of Eligible Accounts.

Eligible Accounts. As to each Account that is identified by a Borrower as an Eligible Account in a Borrowing Base Certificate submitted to LenderCo-Collateral Agents, such Account is (a) a bona fide existing payment obligation of the applicable Account Debtor created by the sale and delivery of Inventory or the rendition of services to such Account Debtor in the ordinary course of such Borrowerthe applicable Loan Party’s business, (b) owed to such Borrowera Loan Party, and (c) not excluded as ineligible by virtue of one or more of the excluding criteria (other than LenderCo-Collateral Agents-discretionary criteria) set forth in the definition of Eligible Accounts.

Eligible Accounts. As to each Account that is identified by a Borrower Borrowers as an Eligible Account in a Borrowing Base Certificate submitted to LenderAgent, as of the date of submission of such Borrowing Base Certificate, such Account is (a) a bona fide existing payment obligation of the applicable Account Debtor created by the sale and delivery of Inventory or the rendition of services to such Account Debtor in the ordinary course of such a Borrower’s business, and (b) owed to such Borrower, and (c) not excluded as ineligible by virtue of one or more of the excluding criteria (other than Lenderany Agent-discretionary criteria) set forth in the definition of Eligible Accounts.

Eligible Accounts. As to each Account that is identified by a Borrower as an Eligible Account in a Borrowing Base Certificate submitted to LenderAgent, such Account is (a) a bona fide existing payment obligation of the applicable Account Debtor created by the sale and delivery of Inventory or the rendition of services to such Account Debtor in the ordinary course of such Borrowerthe applicable Borrowing Base Party’s business, (b) owed to such Borrowera Borrowing Base Party without any known defenses, disputes, offsets, counterclaims, or rights of return or cancellation, and (c) not excluded as ineligible by virtue of one or more of the excluding criteria (other than Lender-discretionary criteria) set forth in the definition of Eligible Accounts.

Eligible Accounts. As to each Account that is identified by a any Borrower as an Eligible Account in a the most recent Borrowing Base Certificate submitted to LenderAgent, such Account is (a) a bona fide existing payment obligation of the applicable Account Debtor created by the sale and delivery of Inventory or the rendition of services to such Account Debtor in the ordinary course of such Borrower’s Borrowers’ business, (b) owed to such Borrowerone or more of the Borrowers, and (c) not excluded as ineligible by virtue of one or more of the excluding criteria (other than LenderAgent-discretionary criteria) set forth in the definition of Eligible Accounts.

Eligible Accounts. As to each Account that is identified by a Borrower as an Eligible Account in a Borrowing Base Certificate submitted to Lender, such Account is (a) a bona fide existing payment obligation of the applicable Account Debtor created by the sale and delivery of Inventory or the rendition of services to such Account Debtor in the ordinary course of such Borrower’s business, (b) owed to such Borrower, and (c) not excluded as ineligible by virtue of one or more of the excluding criteria (other than Lender-discretionary criteria) set forth in the definition of Eligible Accounts.

Eligible Accounts. As to each Account that is identified by a Borrower Borrowers as an Eligible Account in a Borrowing Base Certificate submitted to Lender, such Account is (a) a bona fide existing payment obligation of the applicable Account Debtor created by the sale and delivery of Inventory or the rendition of services to such Account Debtor in the ordinary course of such a Borrower’s US.55515997.06 business, (b) owed to such a Borrower, and (c) not excluded as ineligible by virtue of one or more of the excluding criteria (other than Lender-discretionary criteria) set forth in the definition of Eligible Accounts.

Eligible Accounts. As to each Account that is identified by a the applicable Borrower as an Eligible Account in a Borrowing Base Certificate submitted to Lenderthe applicable Agent, such Account is (a) a bona fide existing payment obligation of the applicable Account Debtor created by the sale license and delivery of Inventory or the rendition of services to such Account Debtor in the ordinary course of such Borrower’s business, (b) owed to such Borrower, and (c) not excluded as ineligible by virtue of one or more of the excluding criteria (other than LenderAgent-discretionary criteria) set forth in the definition of Eligible Accounts.

Eligible Accounts. As to each Account that is identified by a any Borrower as an Eligible Account in a the relevant Borrowing Base Certificate submitted to LenderAgent, such Account is (a) a bona fide existing payment obligation of the applicable Account Debtor created by the sale and delivery of Inventory or the rendition of services to such Account Debtor in the ordinary course of such Borrower’s Borrowers’ business, (b) owed to such Borrowerone or more of the Borrowers, and (c) not excluded as ineligible by virtue of one or more of the excluding criteria (other than LenderAgent-discretionary criteria) set forth in the definition of Eligible Accounts.

Eligible Accounts. As to each Account that is identified by a any Borrower as an Eligible Account in a Borrowing Base Certificate submitted to LenderAgent, such Account is (a) a bona fide existing payment obligation of the applicable Account Debtor created by the sale and delivery of Inventory or the rendition of services to such Account Debtor in the ordinary course of such Borrower’s Borrowers' business, (b) owed to such Borrowerone or more of the Borrowers, and (c) not excluded as ineligible by virtue of one or more of the excluding criteria (other than LenderAgent-discretionary criteria) set forth in the definition of Eligible Accounts.

Eligible Accounts. As to each Account that is identified by a Borrower as an Eligible Account in a Borrowing Base Certificate borrowing base report submitted to LenderAgent, such Account is (a) a bona fide existing payment obligation of the applicable Account Debtor created by the sale and delivery of Inventory or the rendition of services to such Account Debtor in the ordinary course of such Borrower’s business, (b) owed to such BorrowerBorrower without any known defenses, disputes, offsets, counterclaims, or rights of return or cancellation, and (c) not excluded as ineligible by virtue of one or more of the excluding criteria (other than Lender-discretionary criteria) set forth in the definition of Eligible Accounts.