Common use of Sale of Accounts Clause in Contracts

Sale of Accounts. Sell, assign, discount (other than customary and reasonable discounts in the ordinary course of business), transfer or otherwise dispose of any Accounts, promissory notes, drafts or trade acceptances or other rights to receive payment held by it, with or without recourse.

Appears in 11 contracts

Samples: Credit Agreement (Animal Health International, Inc.), Term Loan Agreement (Animal Health International, Inc.), Term Loan Credit Agreement (Animal Health International, Inc.)

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Sale of Accounts. Sell, assign, discount (other than customary and reasonable discounts discount, or dispose in any way of promissory notes or trade acceptances held by the Borrower or any Subsidiary, with or without recourse, except pursuant to a Permitted Receivables Financing or otherwise in the ordinary course of business), transfer or otherwise dispose of any Accounts, promissory notes, drafts or trade acceptances or other rights to receive payment held by it, with or without recourse.

Appears in 8 contracts

Samples: Term Loan Agreement (Ipalco Enterprises, Inc.), Term Loan Agreement (Ipalco Enterprises, Inc.), Credit Agreement (Ipalco Enterprises, Inc.)

Sale of Accounts. Sell, assign, discount (other than customary and reasonable discounts discount, or dispose in any way of Accounts Receivable, promissory notes or trade acceptances held by the Borrower, with or without recourse, except in the ordinary course of the Borrower’s business), transfer or otherwise dispose of any Accounts, promissory notes, drafts or trade acceptances or other rights to receive payment held by it, with or without recourse.

Appears in 1 contract

Samples: Loan Agreement

Sale of Accounts. Sell, assign, discount (other than customary and reasonable discounts discount, or dispose in any way of promissory notes or trade acceptances held by Borrower, with or without recourse, except in the ordinary course of Borrower's business), transfer or otherwise dispose of any Accounts, promissory notes, drafts or trade acceptances or other rights to receive payment held by it, with or without recourse.

Appears in 1 contract

Samples: Loan Agreement (Ipalco Enterprises Inc)

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Sale of Accounts. Sell, assign, discount (other than customary and reasonable discounts discount, or dispose in any way of promissory notes or trade acceptances held by the Borrower or any Subsidiary, with or without recourse, except in the ordinary course of business), transfer or otherwise dispose of any Accounts, promissory notes, drafts or trade acceptances or other rights to receive payment held by it, with or without recourse.

Appears in 1 contract

Samples: Term Loan Agreement (Dayton Power & Light Co)

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