Establishment of Reserves. Secured Party may, at any time and from time to time, in its reasonable judgment, establish reserves against the Receivables or Inventory of Debtors. The amount of such reserves shall be deducted from the Receivables Borrowing Base or Inventory Borrowing Base, as applicable, when calculating the amount of the Borrowing Capacity.
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Establishment of Reserves. Secured Party may, may at any time and from time to time, time in its sole discretion establish reasonable judgment, establish reserves against the Receivables or the Inventory of DebtorsDebtor. The amount of such reserves shall be deducted subtracted from the Receivables Borrowing Base or Inventory Borrowing Base, as applicable, when calculating the amount of the Borrowing Capacity.
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Samples: Loan and Security Agreement (Delsoft Consulting Inc)
Establishment of Reserves. Secured Party may, at any time and from time to time, in its reasonable judgment, establish reserves against the Receivables or Inventory of DebtorsDebtor. The amount of such reserves shall be deducted subtracted from the Receivables Borrowing Base or Inventory Borrowing Base, as applicable, when calculating the amount of the Borrowing Capacity.
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Samples: Promissory Note (Otr Express Inc/Ks)
Establishment of Reserves. Secured Party may, may at any time and from time to time, time in its reasonable judgment, sole discretion establish reserves against the Receivables or the Inventory of DebtorsDebtor. The amount of such reserves shall be deducted subtracted from the Receivables Borrowing Base or Inventory Borrowing Base, as applicable, when calculating the amount of the Borrowing Capacity.
Appears in 1 contract
Samples: Loan and Security Agreement (Computone Corporation)
Establishment of Reserves. Secured Party may, may at any time and from time to time, time in its reasonable judgment, discretion establish reserves against the Receivables or the Inventory of DebtorsDebtor. The amount of such reserves shall be deducted subtracted from the Receivables Borrowing Base or Inventory Borrowing Base, as applicable, when calculating the amount of the Borrowing Capacity. The Secured Party shall notify the Debtor of its decision to establish such reserves whenever the same are determined.
Appears in 1 contract
Samples: Loan and Security Agreement (American Artists Film Corp/Mo/)
