Common use of Instruments Evidencing Accounts Clause in Contracts

Instruments Evidencing Accounts. If any Accounts are at any time evidenced by promissory notes, trade acceptances or other instruments for the payment of money, Borrower will immediately deliver the same to Bank appropriately endorsed to Bank's order and, regardless of the form of such endorsement, Borrower hereby waives presentment, demand, notice of dishonor, protest, notice of protest and all other notices with respect thereto.

Appears in 2 contracts

Samples: Revolving Credit Loan and Security Agreement (Hallwood Group Inc), Revolving Credit Loan and Security Agreement (Hallwood Group Inc)

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Instruments Evidencing Accounts. If any Accounts are at any time ------------------------------------- evidenced by promissory notes, trade acceptances or other instruments for the payment of money, Borrower Borrowers will immediately deliver the same to Bank Agent appropriately endorsed to BankLender's order and, regardless of the form of such endorsement, each Borrower hereby waives presentment, demand, notice of dishonor, protest, notice of protest and all other notices with respect thereto.

Appears in 1 contract

Samples: Loan and Security Agreement (Cahill Edward L)

Instruments Evidencing Accounts. If any Accounts are at any time evidenced by promissory notes, trade acceptances or other instruments for the payment of money, Borrower Borrowers will immediately deliver the same to Bank Agent appropriately endorsed to BankLender's order and, regardless of the form of such endorsement, each Borrower hereby waives presentment, demand, notice of dishonor, protest, notice of protest and all other notices with respect thereto.

Appears in 1 contract

Samples: Loan and Security Agreement (Environmental Safeguards Inc/Tx)

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Instruments Evidencing Accounts. If any Accounts are at any time evidenced by promissory notes, trade acceptances or other instruments for the payment of money, Borrower will immediately promptly deliver and pledge the same to Bank Lender appropriately endorsed to Bank's Lender’s order and, regardless of the form of such endorsement, Borrower hereby waives presentment, demand, notice of dishonor, protest, notice of protest and all other notices with respect thereto.

Appears in 1 contract

Samples: Term Loan and Security Agreement (Irvine Sensors Corp/De/)

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