Sale of Goods or Services Rendered. It arose from the performance of services by Borrower, or from a bona fide sale or lease of goods on terms in effect as of the date of the Agreement as disclosed by Borrower to Bank; which services have been fully performed for or which goods have been delivered or shipped to an account debtor residing in the United States or a foreign account debtor acceptable to Bank and supported by a letter of credit acceptable to Bank; and for which Borrower has genuine and complete invoices, shipping documents or receipts.
Appears in 2 contracts
Samples: Revolving Credit Agreement (National Research Corp), Loan Agreement (Itex Corp)
Sale of Goods or Services Rendered. It arose from the performance of services by BorrowerDebtor, or from a bona fide sale or lease of goods on terms in effect as of the date of the Agreement as disclosed by Borrower to Bank; goods, which services have been fully performed for or which goods have been delivered or shipped to an account debtor residing in the United States or a foreign account debtor acceptable to Bank and supported by a letter of credit acceptable to Bank; Customer and for which Borrower Debtor has genuine and complete invoices, shipping documents or receipts, which sale is not a consignment sale, a sale on approval or a sale or return.
Appears in 2 contracts
Samples: Loan and Security Agreement (Skyline Corp), Loan and Security Agreement (Chromcraft Revington Inc)
Sale of Goods or Services Rendered. It arose from the performance of services by Borroweran Obligor, or from a bona fide sale or lease of goods on terms in effect as of the date of the Agreement as disclosed by Borrower Obligors to Bank; which services have been fully performed for or which goods have been delivered or shipped to an account debtor residing in the United States or a foreign account debtor acceptable to Bank and supported by a letter of credit acceptable to Bank; and for which Borrower has Obligors have genuine and complete invoices, shipping documents or receipts.
Appears in 1 contract
Sale of Goods or Services Rendered. It arose from the performance of services by Borrower, or from a bona fide sale or lease of goods on terms in effect as of the date of the Agreement as disclosed by Borrower to Bank; goods, which services have been fully performed for or which goods have been delivered or shipped to an account debtor residing in the United States or a foreign account debtor acceptable to Bank and supported by a letter of credit acceptable to Bank; Customer and for which Borrower has genuine and complete invoices, shipping documents or receipts, which sale is not a consignment sale, a sale on approval or a sale or return.
Appears in 1 contract
Sale of Goods or Services Rendered. It arose from the performance of services by Borrower, or from a bona fide sale or lease of goods on terms in effect as of the date of the Agreement as disclosed by Borrower to Bank; which services have been fully performed for an account debtor or which goods have been delivered or shipped to an account debtor residing in the United States or to a foreign account debtor acceptable to Bank and supported by a letter of credit acceptable to Bank; and for which Borrower has genuine and complete invoices, shipping documents or receipts.
Appears in 1 contract
Sale of Goods or Services Rendered. It arose from the performance of services by Borrower, or from a bona fide sale or lease of goods on terms in effect as of the date of the Agreement as disclosed by Borrower to Bank; goods, which services have been fully performed for or which goods have been delivered or shipped to an account debtor residing in the United States or a foreign account debtor acceptable to Bank and supported by a letter of credit acceptable to Bank; customer and for which Borrower has genuine and complete invoices, shipping documents or receipts, which sale is not a consignment sale, a “sale on approval” or a “sale or return.”
Appears in 1 contract
Samples: Loan and Security Agreement (Pioneer Power Solutions, Inc.)
Sale of Goods or Services Rendered. It arose from the performance of services by BorrowerDebtor, or from a bona fide sale or lease of goods on terms in effect as of the date of the this Agreement as disclosed by Borrower Debtor to BankLender; which services have been fully performed for an account debtor or which goods have been delivered or shipped to an account debtor residing in the United States or a foreign account debtor acceptable to Bank and supported by a letter of credit acceptable to BankLender; and for which Borrower Debtor has genuine and complete invoices, shipping documents or receipts.;
Appears in 1 contract
Samples: Revolving Loan and Security Agreement (Featherlite Inc)