Procedure Regarding Mail Delivered to the Post Office Box. All mail delivered to the Post Office Box shall be opened by Lender, checks contained therein shall be endorsed by Lender, and all such items shall be deposited by Lender into the Collateral Account.
Appears in 4 contracts
Samples: Loan and Security Agreement (Visualant Inc), Loan and Security Agreement (Orange 21 Inc.), Loan and Security Agreement (Vertical Branding, Inc.)
Procedure Regarding Mail Delivered to the Post Office Box. All mail delivered to the Post Office Box shall be opened by Lender, checks contained therein shall be endorsed by Lender, and all such items shall be deposited by Lender into the Collateral Lender’s Account.
Appears in 2 contracts
Samples: Loan and Security Agreement (DecisionPoint Systems, Inc.), Loan and Security Agreement (Great American Group, Inc.)
Procedure Regarding Mail Delivered to the Post Office Box. All mail delivered to the Post Office Box shall be opened by LenderLenders, checks contained therein shall be endorsed by LenderLenders, and all such items shall be deposited by Lender Lenders into the Collateral Lenders’ Account.
Appears in 1 contract
