Common use of Evidence of Obligations Clause in Contracts

Evidence of Obligations. Each Obligation may, in FINOVA's discretion, be evidenced by notes or other instruments issued or made by Borrower to FINOVA. If not so evidenced, such Obligation shall be evidenced solely by entries upon FINOVA's books and records.

Appears in 16 contracts

Samples: Loan and Security Agreement (Organic Food Products Inc), Loan and Security Agreement (Community Medical Transport Inc), Loan and Security Agreement (Medley Credit Acceptance Corp)

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Evidence of Obligations. Each Obligation may, in FINOVA's discretion, be evidenced by notes or other instruments issued or made by Borrower one or more Borrowers to FINOVA. If not so evidenced, such Obligation shall be evidenced solely by entries upon FINOVA's books and records.

Appears in 2 contracts

Samples: Loan and Security Agreement (Digital Solutions Inc), Loan and Security Agreement (Digital Solutions Inc)

Evidence of Obligations. Each Obligation may, in FINOVA's discretion, be ----------------------- evidenced by notes or other instruments issued or made by Borrower to FINOVA. If not so evidenced, such Obligation shall be evidenced solely by entries upon FINOVA's books and records.

Appears in 2 contracts

Samples: Loan and Security Agreement (Avery Communications Inc), Loan and Security Agreement (Cumetrix Data Systems Corp)

Evidence of Obligations. Each Obligation may, in FINOVA's discretionPermitted Discretion, be evidenced by notes or other instruments issued or made by Borrower to FINOVA. If not so evidenced, such Obligation shall be evidenced solely by entries upon FINOVA's books and records.

Appears in 2 contracts

Samples: Loan and Security Agreement (Revenge Marine Inc), Loan and Security Agreement (Nstor Technologies Inc)

Evidence of Obligations. Each Obligation may, in FINOVA's discretion, be evidenced by notes or other instruments issued or made by Borrower to FINOVA. If not so evidenced, such Obligation shall be evidenced solely by entries upon FINOVA's books and records. 9.11.

Appears in 1 contract

Samples: Loan and Security Agreement (Diamond Multimedia Systems Inc)

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Evidence of Obligations. Each Obligation may, in FINOVA's discretion, be evidenced by notes or other instruments issued or made by Borrower to FINOVA. If not so evidenced, such Obligation shall be evidenced solely by entries upon FINOVA's books and records.. FINOVA Loan and Security Agreement ----------------------------------------------------------------------

Appears in 1 contract

Samples: Loan and Security Agreement (Jacobs Jay Inc)

Evidence of Obligations. Each Obligation may, in FINOVA's ----------------------- discretion, be evidenced by notes or other instruments issued or made by Borrower to FINOVA. If not so evidenced, such Obligation shall be evidenced solely by entries upon FINOVA's books and records.

Appears in 1 contract

Samples: Finova Loan and Security Agreement (Utilx Corp)

Evidence of Obligations. Each Obligation Obligation. may, in FINOVA's discretion, be evidenced by notes or other instruments issued or made by Borrower to FINOVA. If not so evidenced, such Obligation shall be evidenced solely by entries upon FINOVA's books and records.

Appears in 1 contract

Samples: Loan and Security Agreement (Espos Inc)

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