Common use of FINOVA Clause in Contracts

FINOVA. s books and records showing the account between FINOVA and Borrower shall be admissible as evidence in any action or proceeding, shall be binding upon the undersigned Guarantor for the purpose of establishing the items therein set forth and shall constitute prima facie proof hereof. FINOVA's monthly statements rendered to Borrower shall, to the extent to which no written objection is made within thirty (30) days after the date thereof, constitute an account stated between FINOVA and Borrower and be binding upon the undersigned Guarantor.

Appears in 2 contracts

Samples: Security Agreement (PDG Environmental Inc), Security Agreement (Azurel LTD)

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FINOVA. s books and records showing the account between FINOVA and Borrower Client shall be admissible as evidence in any action or proceeding, shall be binding upon the undersigned Guarantor for the purpose of establishing the items therein set forth and shall constitute prima facie proof hereof. FINOVA's monthly statements rendered to Borrower Client shall, to the extent to which no written objection is made within thirty (30) days after the date thereof, constitute an account stated between FINOVA and Borrower Client and be binding upon the undersigned Guarantor.

Appears in 1 contract

Samples: Factoring Agreement (Pietrafesa Corp)

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FINOVA. s books and records showing the account between FINOVA and Borrower shall be admissible as evidence in any action or proceeding, shall be binding upon the undersigned Guarantor for the purpose of establishing the items therein set forth and shall constitute prima facie proof hereof. , FINOVA's monthly statements ----------- rendered to Borrower shall, to the extent to which no written objection is made within thirty sixty (3060) days after the date thereof, constitute an account stated between FINOVA and Borrower and be binding upon the undersigned Guarantor.

Appears in 1 contract

Samples: Revolving Credit, Factoring and Security Agreement (Tarrant Apparel Group)

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