Common use of Monthly Accountings Clause in Contracts

Monthly Accountings. PFG 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 PFG), unless Borrower notifies PFG in writing to the contrary within 60 days after such account is rendered, describing the nature of any alleged errors or omissions.

Appears in 17 contracts

Samples: Convertible Note Facility Agreement (CBD Energy LTD), Convertible Note Facility Agreement (CBD Energy LTD), Intellectual Property Security Agreement (Mattersight Corp)

AutoNDA by SimpleDocs

Monthly Accountings. PFG shall may 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 PFG), unless Borrower notifies PFG in writing to the contrary within 60 days after such account is rendered, describing the nature of any alleged errors or omissions.

Appears in 8 contracts

Samples: Convertible Note Purchase Agreement (Surf Air Mobility Inc.), Loan and Security Agreement (Borqs Technologies, Inc.), Loan and Security Agreement (Borqs Technologies, Inc.)

Monthly Accountings. PFG 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 PFG), unless Borrower notifies PFG in writing to the contrary within 60 90 days after such account is rendered, describing the nature of any alleged errors or omissions.

Appears in 2 contracts

Samples: 2006 Term Loan and Security Agreement (Bioject Medical Technologies Inc), Term Loan and Security Agreement (Bioject Medical Technologies Inc)

Monthly Accountings. PFG shall may 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 Obligor and an account stated (except for reverses and reapplications of payments made and corrections of errors discovered by PFG), unless Borrower notifies PFG in writing to the contrary within 60 days after such account is rendered, describing the nature of any alleged errors or omissions.

Appears in 1 contract

Samples: Loan and Security Agreement (Borqs Technologies, Inc.)

Monthly Accountings. PFG shall may 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 PFG), unless Borrower notifies PFG in writing to the contrary within 60 days after such account is rendered, describing the nature of any alleged errors or omissions.. Partners for Growth Amended and Restated Loan and Security Agreement

Appears in 1 contract

Samples: Loan and Security Agreement (Giga Tronics Inc)

Monthly Accountings. PFG 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 PFG), unless Borrower notifies PFG in writing to the contrary within 60 sixty (60) days after such account is rendered, describing the nature of any alleged errors or omissions.

Appears in 1 contract

Samples: Loan and Security Agreement (Cardiovascular Systems Inc)

Monthly Accountings. PFG 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 PFG), unless Borrower notifies PFG in writing to the contrary within 60 days after such account is rendered, describing the nature of any alleged errors or omissions.. PARTNERS FOR GROWTH LOAN AND SECURITY AGREEMENT

Appears in 1 contract

Samples: Loan and Security Agreement (Qualmark Corp)

Monthly Accountings. PFG 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 bind­ing on Borrower and an account stated (except for reverses and reapplications of payments made and corrections of errors er­rors discovered by PFG), unless Borrower notifies PFG in writing to the contrary within 60 days after such account is rendered, describing the nature of any alleged al­leged errors or omissions.

Appears in 1 contract

Samples: Loan and Security Agreement (Advanced Photonix Inc)

AutoNDA by SimpleDocs

Monthly Accountings. PFG shall may 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 bind-ing on Borrower and an account stated (except for reverses and reapplications of payments made and corrections of errors er-rors discovered by PFG), unless Borrower notifies PFG in writing to the contrary within 60 sixty (60) days after such account is rendered, describing the nature of any alleged al-leged errors or omissions.

Appears in 1 contract

Samples: Security Agreement (Activecare, Inc.)

Monthly Accountings. PFG 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 bind­ing on Borrower and an account stated (except for reverses and reapplications of payments made and corrections of errors er­rors discovered by PFG), unless Borrower notifies PFG in writing to the contrary within sixty 60 days after such account is rendered, describing the nature of any alleged al­leged errors or omissions.

Appears in 1 contract

Samples: Loan and Security Agreement (Comverge, Inc.)

Monthly Accountings. PFG 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 bind­ing on Borrower and an account stated (except for reverses and reapplications of payments made and corrections of errors er­rors discovered by PFG), unless Borrower notifies PFG in writing to the contrary within 60 90 days after such account is rendered, describing the nature of any alleged al­leged errors or omissions.

Appears in 1 contract

Samples: Loan and Security Agreement (EdgeWave, Inc.)

Monthly Accountings. PFG 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 PFG), unless Borrower notifies PFG in writing to the contrary within 60 days one year after such account is rendered, describing the nature of any alleged errors or omissions.

Appears in 1 contract

Samples: Security Agreement (Interwave Communications International LTD)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!