Sale or Discount of Accounts. Borrower will not, and it will not cause or permit any of its Subsidiaries to, sell or discount any of its notes or accounts receivable or chattel paper.
Appears in 5 contracts
Samples: Revolving Credit Agreement (Huntco Inc), Revolving Credit Agreement (Huntco Inc), Assignment and Assumption Agreement (Doane Products Co)
Sale or Discount of Accounts. Borrower will not, and it will not cause or permit any of its Subsidiaries Subsidiary to, sell or discount (other than prompt payment discounts granted in the ordinary course of business) any of its notes or accounts receivable or chattel paper.
Appears in 4 contracts
Samples: Security Agreement (Virbac Corp), Revolving Credit Agreement (Cpi Corp), Loan Agreement (Featherlite Inc)
Sale or Discount of Accounts. Borrower will not, and it will not cause or permit any of its Subsidiaries to, sell or discount any of its notes or accounts receivable receivables (whether represented by a note, account, general intangible or chattel paper) other than in the ordinary course of its business.
Appears in 4 contracts
Samples: Revolving Credit Agreement (Halter Marine Group Inc), Revolving Credit Agreement (Superior Energy Services Inc), Revolving Credit Agreement (Halter Marine Group Inc)
Sale or Discount of Accounts. Borrower will not, and it will not cause or permit any of its Subsidiaries Subsidiary to, sell or discount (other than prompt payment discounts granted in the ordinary course of business) any of its notes accounts or accounts receivable other receivables or chattel paper.
Appears in 2 contracts
Samples: Loan Agreement (Schiff Nutrition International, Inc.), Loan Agreement (Schiff Nutrition International, Inc.)
