Common use of Sale of Goods or Services Rendered Clause in Contracts

Sale of Goods or Services Rendered. It arose from the performance of services by Debtor, or from a bona fide sale or lease of goods, which have been delivered or shipped to the Customer and for which Debtor has genuine 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)

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Sale of Goods or Services Rendered. It arose from the performance of services by DebtorBorrower, or from a bona fide sale or lease of goods, 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 Customer United States or a foreign account debtor acceptable to Bank and supported by a letter of credit acceptable to Bank; and for which Debtor 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 2 contracts

Samples: Revolving Credit Agreement (National Research Corp), Loan Agreement and Note (Itex Corp)

Sale of Goods or Services Rendered. It arose from the performance of services by DebtorBorrower, or from a bona fide sale or lease of goods, which have been delivered or shipped to the Customer customer and for which Debtor Borrower has genuine invoices, shipping documents or receipts, which sale is not a consignment sale, a sale on approval 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 Debtor, or from a bona fide sale or lease of goods, goods on terms in effect as of the date of this Agreement as disclosed by Debtor to Lender; 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 Customer United States or a foreign account debtor acceptable to Lender; and for which 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 1 contract

Samples: Financial Services (Featherlite Inc)

Sale of Goods or Services Rendered. It arose from the performance of services by Debtoran Obligor, or from a bona fide sale or lease of goods, goods on terms in effect as of the date of the Agreement as disclosed by 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 Customer United States or a foreign account debtor acceptable to Bank and supported by a letter of credit acceptable to Bank; and for which Debtor has Obligors have 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 Modification Agreement (Fitlife Brands, Inc.)

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Sale of Goods or Services Rendered. It arose from the performance of services by DebtorBorrower, or from a bona fide sale or lease of goods, which have been delivered or shipped to the Customer and for which Debtor Borrower has genuine 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 (Geographics Inc)

Sale of Goods or Services Rendered. It arose from the performance of services by DebtorBorrower, or from a bona fide sale or lease of goods, 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 Customer United States or to a foreign account debtor acceptable to Bank and supported by a letter of credit acceptable to Bank; and for which Debtor 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: Revolving Credit Agreement (Itex Corp)

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