Common use of Returns and Repossessions Clause in Contracts

Returns and Repossessions. Borrower shall notify Lender within five (5) business days of occurrence of all material claims asserted by Account Debtors.

Appears in 7 contracts

Samples: Loan and Security Agreement (American Shared Hospital Services), Loan and Security Agreement (Clixhealth Com Inc), Loan and Security Agreement (U S Diagnostic Inc)

AutoNDA by SimpleDocs

Returns and Repossessions. Each Borrower shall notify Lender within five (5) business days Business Days of occurrence of all material claims asserted by Account Debtors.

Appears in 1 contract

Samples: Loan and Security Agreement (Occupational Health & Rehabilitation Inc)

AutoNDA by SimpleDocs

Returns and Repossessions. Borrower shall notify Lender within five (5) business days Business Days of occurrence of all material claims asserted by Account Debtors.

Appears in 1 contract

Samples: Loan and Security Agreement (Sunlink Health Systems Inc)

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