Common use of FOREIGN ACCOUNTS Clause in Contracts

FOREIGN ACCOUNTS. Accounts that are the obligations of an Account Debtor which is not organized in or does not have its principal office in the United States, Puerto Rico or the U.S. Virgin Islands;

FOREIGN ACCOUNTS. Accounts that are the obligations of an Account Debtor which is not organized in or does not have its principal office located in the United States, Puerto Rico or the U.S. Virgin Islands;