Common use of Request for Advances Clause in Contracts

Request for Advances. During the Facility Period, Borrower may offer accounts receivable to Bank, if there is not an Event of Default. Borrower will deliver an Invoice Transmittal for each accounts receivable it offers. Bank may rely on information on or with the Invoice Transmittal.

Appears in 15 contracts

Samples: Accounts Receivable Financing Agreement (Insignia Solutions PLC), Accounts Receivable Financing Agreement (Micro Component Technology Inc), Accounts Receivable Financing Agreement (Timeline Inc)

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Request for Advances. During the Facility Period, Borrower may offer accounts receivable Accounts Receivable to BankBank and request that the Bank finance such Accounts Receivable, if there is not an Event of Default. Borrower will deliver an Invoice Transmittal for each accounts receivable Accounts Receivable it offers. Bank may rely on information on or with the Invoice Transmittal.

Appears in 1 contract

Samples: Accounts Receivable Financing Agreement (Mercator Software Inc)

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