Incorporation by this Reference. The provisions of Section 2.1.3(B) shall be deemed to be incorporated into every document or communication relating to the Obligations which sets forth or prescribes any account, right or claim or alleged account, right or claim of Lender with respect to Borrower (or any other obligor in respect of Obligations), whether or not any provision of Section 2.1.3(B) is referred to therein. All such documents and communications and all figures set forth therein shall, for the sole purpose of computing the extent of the Obligations of Borrower (or any other obligor) asserted by Lender thereunder, be automatically re-computed by Borrower or any such obligor, and by any court considering the same, to give effect to the adjustments or credits required by Section 2.1.3(B).
Appears in 3 contracts
Samples: Loan and Security Agreement (Black Warrior Wireline Corp), Loan and Security Agreement (Bayard Drilling Technologies Inc), Loan and Security Agreement (Black Warrior Wireline Corp)
Incorporation by this Reference. The provisions of Section SECTION 2.1.3(B) shall be deemed to be incorporated into every document or communication relating to the Obligations which sets forth or prescribes any account, right or claim or alleged account, right or claim of Lender with respect to Borrower (or any other obligor in respect of Obligations), whether or not any provision of Section SECTION 2.1.3(B) is referred to therein. All such documents and communications and all figures set forth therein shall, for the sole purpose of computing the extent of the Obligations and obligations of Borrower the Borrowers (or any other obligor) asserted by Lender thereunder, be automatically re-computed by any Borrower or any such obligor, and by any court considering the same, to give effect to the adjustments or credits required by Section SECTION 2.1.3(B).
Appears in 2 contracts
Samples: Loan and Security Agreement (Advanced Technical Products Inc), Loan and Security Agreement (Advanced Technical Products Inc)
Incorporation by this Reference. The provisions of Section 2.1.3(B3.l(D) shall be deemed to be incorporated into every document or communication relating to the Obligations which sets forth or prescribes any account, right or claim or alleged account, right or claim of Lender with respect to Borrower (or any other obligor in respect of Obligations), whether or not any provision of Section 2.1.3(B) 3.1 is referred to therein. All such documents and communications and all figures set forth therein shall, for the sole purpose of computing the extent of the Obligations and obligations of the Borrower (or any other obligor) asserted by Lender thereunder, be automatically re-computed by any Borrower or any such obligor, and by any court considering the same, to give effect to the adjustments or credits required by Section 2.1.3(B3.1(D).
Appears in 1 contract
Samples: Loan and Security Agreement (Lowrance Electronics Inc)
Incorporation by this Reference. The provisions of Section 2.1.3(B) shall be deemed to be incorporated into every document or communication relating to the Obligations which sets forth or prescribes any account, right or claim or alleged account, right or claim of Lender with respect to Borrower Borrowers (or any other obligor in respect of Obligations), whether or not any provision of Section 2.1.3(B) is referred to therein. All such documents and communications and all figures set forth therein shall, for the sole purpose of computing the extent of the Obligations and obligations of Borrower Borrowers (or any other obligor) asserted by Lender thereunder, be automatically re-computed recomputed by Borrower Borrowers or any such obligor, and by any court considering the same, to give effect to the adjustments or credits required by Section 2.1.3(B).
Appears in 1 contract
Samples: Loan and Security Agreement (Avalon Community Services Inc)