Common use of Monthly Accounting Clause in Contracts

Monthly Accounting. You will provide us, monthly, with an accounting of Advances, charges and payments made pursuant to this Agreement. Such accounting shall be deemed correct, accurate and binding upon us and an account stated (except for reverses and reapplications of payments made as provided in Paragraph 16(G) hereof, and corrections or errors discovered by you), unless we notify you in writing to the contrary within thirty (30) days after each accounting is rendered.

Appears in 2 contracts

Samples: Loan and Security Agreement (Bontex Inc), Loan and Security Agreement (AHPC Holdings, Inc.)

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Monthly Accounting. You will provide us, monthly, with an accounting of Advances, charges and payments made pursuant to this Agreement. Such accounting shall be deemed correct, accurate and binding upon us and an account stated (except for reverses and reapplications of payments made as provided in Paragraph 16(G15(G) hereof, and corrections or errors discovered by you), unless we notify you in writing to the contrary within thirty (30) days after each accounting is rendered.

Appears in 1 contract

Samples: Loan and Security Agreement (Earth Biofuels Inc)

Monthly Accounting. You will provide us, monthly, with an accounting account of Advancesadvances, charges and payments made pursuant to this Agreement. Such accounting account shall be deemed correct, accurate and binding upon us and an account stated (except for reverses and reapplications of payments made as provided in Paragraph 16(G) hereof, and corrections or errors discovered by you), unless we notify you in writing to the contrary within thirty (30) days after each accounting account is rendered.

Appears in 1 contract

Samples: Loan and Security Agreement (Gaylord Companies Inc)

Monthly Accounting. You will provide us, monthly, with an accounting account of Advancesadvances, charges and payments made pursuant to this Agreement. Such accounting account shall be deemed correct, accurate and binding upon us and an account stated (except for reverses and reapplications of payments made as provided in Paragraph 16(GSection 18.(G) hereof, and corrections or errors discovered by you), unless we notify you in writing to the contrary within thirty (30) days after each accounting account is rendered.

Appears in 1 contract

Samples: Loan and Security Agreement (Rolling Pin Kitchen Emporium Inc)

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Monthly Accounting. You will provide us, monthly, with an accounting account of Advancesadvances, charges and payments made pursuant to this Agreement. Such accounting account shall be deemed correct, accurate and binding upon us and an account stated (except for reverses and reapplications of payments made as provided in Paragraph 16(G) hereof, and corrections or errors discovered by you)us, unless we notify you in writing to the contrary within thirty (30) days after each accounting account is rendered.

Appears in 1 contract

Samples: Loan and Security Agreement (Eltrax Systems Inc)

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