Exposed Payments. 4.1 Upon termination of this Agreement Seller shall pay to Purchaser (or Purchaser may retain or hold in a non-segregated non-interest bearing account) the amount of all Exposed Payments (the "Preference Reserve").
Appears in 2 contracts
Samples: Factoring and Security Agreement, Factoring and Security Agreement (Sunvalley Solar, Inc.)
Exposed Payments. 4.1 3.1. Upon termination of this Agreement Seller shall pay to Purchaser (or Purchaser may retain or retain), to hold in a non-segregated non-interest bearing account) , the amount of all Exposed Payments (the "“Preference Reserve"”).
Appears in 2 contracts
Samples: Financing and Security Agreement (Sito Mobile, Ltd.), Financing and Security Agreement (LOCAL Corp)
Exposed Payments. 4.1 2.3.5.1. Upon termination of this Agreement Agreement, Seller shall pay to Purchaser (or Purchaser may retain or retain), to hold in a non-non- segregated non-interest bearing account) account the amount of all Exposed Payments (the "“Preference Reserve"”).
Appears in 1 contract
Exposed Payments. 4.1 4.1. Upon termination of this Agreement each Seller shall pay to Purchaser (or Purchaser may retain or retain), to hold in a non-segregated non-interest bearing account) account the amount of all Exposed Payments (the "Preference Reserve").
Appears in 1 contract
Exposed Payments. 4.1 Upon termination of this Agreement Seller shall pay to Purchaser (or Purchaser may retain or with notice to Seller), to hold in a non-segregated non-interest bearing account) account the amount of all Exposed Payments (the "“Preference Reserve"”).
Appears in 1 contract
Samples: Factoring and Security Agreement (Eastside Distilling, Inc.)
Exposed Payments. 4.1 16.5.1 Upon termination of this Agreement Agreement, Seller shall pay to Purchaser (or Purchaser may retain or retain), to hold in a non-segregated non-interest bearing account) , an amount equal to the amount aggregate of all Exposed Payments as of the date of termination (the "“Preference Reserve"”).
Appears in 1 contract
Samples: Accounts Receivable Purchasing Agreement (Edible Garden AG Inc)
Exposed Payments. 4.1 Upon termination of this Agreement Seller shall pay to Purchaser (or which Purchaser may shall retain or hold in a non-segregated non-interest bearing account) the amount of all Exposed Payments (the "“Preference Reserve"”).
Appears in 1 contract
Samples: Factoring and Security Agreement (Wave Systems Corp)
