Notice Regarding Disputed Accounts. In the event any amounts due and owing in excess of $250,000.00 are in dispute between any Account Debtor and Borrower (which shall include, without limitation, any dispute in which an offset, claim or counterclaim may result), Borrower shall notify Lender of the same immediately, explaining in detail the reason for the dispute, all claims relating thereto and the amount in controversy.
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Samples: Loan and Security Agreement (Pluma Inc), Loan and Security Agreement (Pluma Inc)
Notice Regarding Disputed Accounts. In the event any amounts due and owing in excess of $250,000.00 25,000 are in dispute between any Account Debtor and Borrower (which shall include, without limitation, any dispute in which an offset, offset claim or counterclaim may result), Borrower shall notify provide Lender with written notice of the same immediatelysuch dispute as soon as practicable, explaining in detail the reason for the dispute, all claims relating thereto related to the dispute and the amount in controversy.
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Samples: Security Agreement (Compliance Systems Corp), Security Agreement (Compliance Systems Corp)
Notice Regarding Disputed Accounts. In the event any amounts due and owing in excess of $250,000.00 25,000 are in dispute between any Account Debtor and the Borrower (which shall include, include without limitation, limitation any dispute in which an offset, offset claim or counterclaim may result), the Borrower shall notify provide the Lender of the same immediatelywith written notice thereof as soon as practicable, explaining in detail the reason for the dispute, all claims relating related thereto and the amount in controversy.
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Notice Regarding Disputed Accounts. In the event any amounts due and owing in excess of $250,000.00 100,000 are in dispute between any Borrower and any Account Debtor and Borrower (which shall includeDebtor, without limitation, any dispute in which an offset, claim or counterclaim may result), such Borrower shall notify provide Lender with written notice thereof at the time of submission of the same immediatelynext Schedule of Accounts, explaining in detail the reason for the dispute, all claims relating related thereto and the amount in controversy.
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