Common use of Repayment of Obligations Clause in Contracts

Repayment of Obligations. All Obligations shall be payable at Lender's office set forth below or at a bank or such other place as Lender may expressly designate from time to time for purposes of this Section. Lender shall apply all proceeds of Accounts or other Collateral received by Lender and all other payments in respect of the Obligations to the Loans whether or not then due or to any other Obligations then due, in whatever order or manner Lender shall determine.

Appears in 8 contracts

Samples: Loan and Security Agreement (Valence Technology Inc), Loan and Security Agreement (InterMetro Communications, Inc.), Loan and Security Agreement (Emagin Corp)

AutoNDA by SimpleDocs

Repayment of Obligations. All Obligations shall be payable at Lender's office set forth below or at a bank or such other place as Lender may expressly designate from time to time for purposes of this Section. Lender shall apply all proceeds payments received from Borrower and all Proceeds of Accounts or other Collateral received by Lender and all other payments in respect of the Obligations to the Loans whether or not then due or to any other Obligations then due, in whatever order or manner Lender shall determine.

Appears in 2 contracts

Samples: Loan and Security Agreement (Greenwood Hall, Inc.), Loan and Security Agreement (Greenwood Hall, Inc.)

Repayment of Obligations. All Obligations shall be payable at Lender's office set forth below or at a bank or such other place as Lender may expressly designate from time to time for purposes of this Section. Lender shall apply all proceeds of Accounts Accounts, or other Collateral received by Lender and all other payments in respect of the Obligations to the Loans whether or not then due or to any other Obligations then due, in whatever order or manner Lender shall determine.

Appears in 1 contract

Samples: Loan and Security Agreement (XZERES Corp.)

Repayment of Obligations. All Obligations shall be payable at Lender's office set forth below or at a bank or such other place as Lender may expressly designate from time to time for purposes of this Section. Lender shall apply all proceeds Proceeds of Accounts Accounts, or other Collateral received by Lender and all other payments in respect of the Obligations to the Loans Loan whether or not then due or to any other Obligations then due, in whatever order or manner Lender shall determine.

Appears in 1 contract

Samples: Loan and Security Agreement (Mint Leasing Inc)

Repayment of Obligations. All Obligations shall be payable at Lender's ’s office set forth below or at a bank or such other place as Lender may expressly designate from time to time for purposes of this Section. Lender shall apply all proceeds of Accounts or other Collateral received by Lender and all other payments in respect of the Obligations to the Loans whether or not then due or to any other Obligations then due, in whatever order or manner Lender shall determine.

Appears in 1 contract

Samples: Loan and Security Agreement (Jagged Peak, Inc.)

AutoNDA by SimpleDocs

Repayment of Obligations. All Obligations shall be payable at Lender's office set forth below or at a bank or such other place as Lender may expressly designate from time to time for purposes of this Section. Lender shall apply all proceeds of Accounts or other Collateral received by Lender and all other payments in respect of the Obligations to the Loans Loan whether or not then due or to any other Obligations then due, in whatever order or manner Lender shall determine.

Appears in 1 contract

Samples: Loan and Security Agreement (Elio Motors, Inc.)

Repayment of Obligations. All Obligations shall be payable at Lender's office set forth below or at a bank or such other place as Lender may expressly designate from time to time for purposes of this Section. Lender shall apply all proceeds of Accounts or other Collateral received by Lender and all other payments in respect of the Obligations to the Revolving Loans whether or not then due or to any other Obligations then due, in whatever order or manner Lender shall determine.

Appears in 1 contract

Samples: Loan and Security Agreement (Reeds Inc)

Repayment of Obligations. All Obligations shall be payable at Lender's ’s office set forth below or at a bank or such other place as Lender may expressly designate from time to time for purposes of this Section. Lender shall apply all proceeds payments received from Borrower and all Proceeds of Accounts or other Collateral received by Lender and all other payments in respect of the Obligations to the Loans Loan whether or not then due or to any other Obligations then due, in whatever order or manner Lender shall determine.

Appears in 1 contract

Samples: Loan and Security Agreement (BTHC X Inc)

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