Monthly Accountings. Coast shall provide Borrower monthly with an account of advances, charges, expenses and payments made pursuant to this Agreement. Such account shall be deemed correct, accurate and binding on Borrower and an account stated (except for reverses and reapplications of payments made and corrections of errors discovered by Coast), unless Borrower notifies Coast in writing to the contrary within thirty (30) days after each account is rendered, describing the nature of any alleged errors or omissions.
Appears in 24 contracts
Samples: Loan and Security Agreement (Netlojix Communications Inc), Loan and Security Agreement (Black Warrior Wireline Corp), Loan and Security Agreement (Avtel Communications Inc/De)
Monthly Accountings. Coast shall provide Borrower monthly with an account of advances, charges, expenses and payments made pursuant to this Agreement. Such account shall be deemed correct, accurate and binding on Borrower and an account stated (except for reverses and reapplications of payments made and corrections of errors discovered by Coast), unless Borrower notifies Coast in writing to the contrary within thirty (30) days after each account is rendered, describing the nature of any alleged errors or omissions.
Appears in 7 contracts
Samples: Loan and Security Agreement (Transcend Services Inc), Loan and Security Agreement (Jore Corp), Loan and Security Agreement (Software Com Inc)
Monthly Accountings. Coast shall provide Borrower monthly with an account of advances, charges, expenses and payments made pursuant to this Agreement. Such account shall be deemed correct, accurate and binding on Borrower and an account stated (except for reverses and reapplications of payments made and corrections of errors discovered by Coast), unless Borrower notifies Coast in writing to the contrary within thirty forty five (3045) days after each account is rendered, describing the nature of any alleged errors or omissions.
Appears in 2 contracts
Samples: Loan and Security Agreement (U S Plastic Lumber Corp), Loan and Security Agreement (U S Plastic Lumber Corp)
Monthly Accountings. Coast shall provide Borrower monthly with an account of advances, charges, expenses and payments made pursuant to this Agreement. Such account shall be deemed correct, accurate and binding on Borrower and an account stated (except for reverses and reapplications of payments made and corrections of errors discovered by Coast), unless Borrower notifies Coast in writing to the contrary within thirty forty-five (3045) days after each account is rendered, describing the nature of any alleged errors or omissions.
Appears in 2 contracts
Samples: Loan and Security Agreement (Pinnacle Micro Inc), Loan and Security Agreement (Credit Store Inc)
Monthly Accountings. Coast shall provide Borrower monthly with an account of advances, charges, expenses and payments made pursuant to this Agreement. Such account shall be deemed correct, accurate and binding on Borrower and an account stated (except for reverses and reapplications of payments made and corrections of errors discovered by Coast), unless Borrower notifies Coast in writing to the contrary within thirty (30) days after each account is rendered, describing the nature of any alleged errors or omissionsadmissions.
Appears in 2 contracts
Samples: Loan and Security Agreement (Cardiac Control Systems Inc), Loan Agreement (Delphi Information Systems Inc /De/)
Monthly Accountings. Coast shall provide Borrower monthly with an account of advances, charges, expenses and payments made pursuant to this Agreement. Such account shall be deemed correct, accurate and binding on Borrower and an account stated (except for reverses and reapplications of payments made and corrections of errors discovered by Coast), unless Borrower notifies Coast in writing to the contrary within thirty (30) ninety days after each account is rendered, describing the nature of any alleged errors or omissions.
Appears in 2 contracts
Samples: Loan and Security Agreement (Sync Research Inc), Loan and Security Agreement (Digital Products Inc)
Monthly Accountings. Coast shall provide Borrower Borrowers monthly with an account of advances, charges, expenses and payments made pursuant to this Agreement. Such account shall be deemed correct, accurate and binding on each Borrower and an account stated (except for manifest error or reverses and reapplications of payments made and corrections of errors discovered by Coast), unless Borrower notifies Borrowers notify Coast in writing to the contrary within thirty (30) days after each account is rendered, describing the nature of any alleged errors or omissions.
Appears in 1 contract
Samples: Loan and Security Agreement (Universal International Inc /Mn/)
Monthly Accountings. Coast shall provide Borrower monthly with an account of advances, charges, expenses and payments made pursuant to this Agreement. Such account shall shall, absent manifest error, be deemed correct, accurate and binding on Borrower and an account stated (except for reverses and reapplications of payments made and corrections of errors discovered by Coast), unless Borrower notifies Coast in writing to the contrary within thirty (30) days after receipt of each account is rendered, describing the nature of any alleged errors or omissions.
Appears in 1 contract
Samples: Loan and Security Agreement (Amerivision Communications Inc)
Monthly Accountings. Coast shall provide Borrower monthly with an account of COAST BUSINESS CREDIT LOAN AND SECURITY AGREEMENT -------------------------------------------------------------------------------- advances, charges, expenses and payments made pursuant to this Agreement. Such account shall be deemed correct, accurate and binding on Borrower and an account stated (except for reverses and reapplications of payments made and corrections of errors discovered by Coast), unless Borrower notifies Coast in writing to the contrary within thirty (30) days after each account is rendered, describing the nature of any alleged errors or omissions.
Appears in 1 contract
Monthly Accountings. Coast shall provide Borrower monthly with an account of advances, charges, expenses and payments made pursuant to this Agreement. Such Absent manifest error, such account shall be deemed correct, accurate and binding on Borrower and an account stated (except for reverses and reapplications of payments made and corrections of errors discovered by Coast), unless Borrower notifies Coast in writing to the contrary within thirty (30) days after each account is rendered, describing the nature of any alleged errors or omissions.
Appears in 1 contract
Samples: Loan and Security Agreement (Great Lakes Aviation LTD)
Monthly Accountings. Coast shall provide Borrower monthly with an account of advances, charges, expenses and payments made pursuant to this Agreement. Such account shall be deemed correct, accurate and binding on Borrower and an account stated (except for reverses and reapplications of payments made and corrections of errors discovered by Coast), unless Borrower notifies Coast in writing to the contrary within thirty (30) forty-five days after each account is rendered, describing the nature of any alleged errors or omissions.
Appears in 1 contract
Monthly Accountings. Coast shall provide Borrower Borrowers monthly with an account of advances, charges, expenses and payments made pursuant to this Agreement. Such account shall be deemed correct, accurate and binding on Borrower Borrowers and an account stated (except for reverses and reapplications of payments made and corrections of errors discovered by Coast), unless Borrower and/or Co-Borrower notifies Coast in writing to the contrary within thirty (30) days after each account is rendered, describing the nature of any alleged errors or omissions.
Appears in 1 contract
Samples: Loan and Security Agreement (Destron Fearing Corp /De/)
Monthly Accountings. Coast shall provide Borrower monthly with an account of advances, charges, expenses and payments made pursuant to this Agreement. Such account constitute prima facie evidence of the items stated and shall be deemed correct, accurate and binding on Borrower and an account stated (except for reverses and reapplications of payments made and corrections of errors discovered by Coast), unless Borrower notifies Coast in writing to the contrary within thirty (30) days after each account is rendered, describing the nature of any alleged errors or omissions.
Appears in 1 contract
Samples: Loan and Security Agreement (Probusiness Services Inc)
Monthly Accountings. Coast shall provide Borrower monthly with an account of advances, charges, expenses and payments made pursuant to this Agreement. Such account shall be deemed correct, accurate and binding on Borrower and an account stated (except for reverses and reapplications of payments made and corrections of errors discovered by Coast), unless manifestly erroneous or unless Borrower notifies Coast in writing to the contrary within thirty (30) days after each account is rendered, describing the nature of any alleged errors or omissions.
Appears in 1 contract
Monthly Accountings. Coast shall provide Borrower monthly with an account of advances, charges, expenses and payments made pursuant to this Agreement. Such account shall constitute PRIMA FACIE evidence of the items stated and shall be deemed correct, accurate and binding on Borrower and an account stated (except for reverses and reapplications of payments made and corrections of errors discovered by Coast), unless Borrower notifies Coast in writing to the contrary within thirty (30) days after each account is rendered, describing the nature of any alleged errors or omissions.
Appears in 1 contract
Samples: Loan and Security Agreement (Probusiness Services Inc)
Monthly Accountings. Coast shall provide Borrower Borrowers monthly with an account of advances, charges, expenses and payments made pursuant to this Agreement. Such account shall be deemed correct, accurate and binding on Borrower Borrowers and an account stated (except for reverses and reapplications of payments made and corrections of errors discovered by Coast), unless Borrower notifies Borrowers notify Coast in writing to the contrary within thirty (30) days after each account is rendered, describing the nature of any alleged errors or omissions.
Appears in 1 contract