Statements of Account. Lender will account to Borrower monthly with a statement of Loans, charges and payments made pursuant to this Agreement, and such account rendered by Lender shall be deemed final, binding and conclusive upon Borrower unless Lender is notified by Borrower in writing to the contrary within thirty (30) days of the date each accounting is mailed to Borrower. Such notice shall only be deemed an objection to those items specifically objected to therein.
Appears in 6 contracts
Samples: Loan and Security Agreement (Iwt Tesoro Corp), Loan and Security Agreement (Iwt Tesoro Corp), Loan and Security Agreement (Allied Healthcare Products Inc)
Statements of Account. Lender will account to Borrower monthly with a statement of Loans, charges and payments made pursuant to this Agreement, and such account rendered by Lender shall be deemed final, binding and conclusive upon Borrower unless Lender is notified by Borrower in writing to the contrary within thirty (30) 30 days of the date each accounting is mailed to Borrower. Such notice shall only be deemed an objection to those items specifically objected to therein.
Appears in 5 contracts
Samples: Loan and Security Agreement (Zoom Telephonics Inc), Loan and Security Agreement (First Aviation Services Inc), Loan and Security Agreement (Financial Performance Corp)
Statements of Account. Lender will account to Borrower monthly with a statement of Loans, charges and payments made pursuant to this Agreement, and such account rendered by Lender shall be deemed final, binding and conclusive upon Borrower unless Lender is notified by Borrower in writing to the contrary within thirty (30) days of after the date each accounting account is mailed to Borrower. Such notice shall only be deemed an objection to those items specifically objected to therein.
Appears in 4 contracts
Samples: Loan Agreement (Friedmans Inc), Loan Agreement (Inbrand Corp), Loan Agreement (Friedmans Inc)
Statements of Account. Lender will account to Borrower monthly with a statement of Loans, charges and payments made pursuant to this Agreement, and such account rendered by Lender shall be deemed final, binding and conclusive upon Borrower unless Lender is notified by Borrower in writing to the contrary within thirty (30) 30 days of the date each accounting account is mailed to Borrower. Such notice shall only be deemed an objection to those items specifically objected to therein.
Appears in 3 contracts
Samples: Consolidated Loan and Security Agreement (DXP Enterprises Inc), Loan and Security Agreement (DXP Enterprises Inc), Loan and Security Agreement (DXP Enterprises Inc)
Statements of Account. Lender will account to Borrower Borrowers monthly with a statement of Loans, charges and payments made pursuant to this Agreement, and such account rendered by Lender shall be deemed final, binding and conclusive upon Borrower Borrowers unless Lender is notified by Borrower Borrowers in writing to the contrary within thirty (30) 30 days of the date each accounting is mailed to BorrowerBorrowers. Such notice shall only be deemed an objection to those items specifically objected to therein.
Appears in 2 contracts
Samples: Loan and Security Agreement (Eagle Pacific Industries Inc/Mn), Loan and Security Agreement (Tmci Electronics Inc)
Statements of Account. Lender will account to Borrower monthly with a statement of Loans, charges and payments made pursuant to this Agreement, and such account rendered by Lender shall be deemed final, binding and conclusive upon Borrower unless Lender is notified by Borrower in writing to the contrary within thirty (30) 30 days of after the date each accounting is mailed deemed to Borrowerhave been sent pursuant to SECTION 11.9. Such notice shall only be deemed an objection to those items specifically objected to therein.
Appears in 2 contracts
Samples: Loan and Security Agreement (Advanced Technical Products Inc), Loan and Security Agreement (Advanced Technical Products Inc)
Statements of Account. Lender will account to Borrower monthly with a statement of Loans, charges and payments made pursuant to this Agreement, and such account rendered by Lender shall be deemed final, binding and conclusive upon Borrower unless Lender is notified by Borrower in writing to the contrary within thirty (30) days of after the date each accounting is mailed deemed to Borrowerhave been sent pursuant to Section 11.8 hereof. Such notice shall only be deemed an objection to those items specifically objected to therein.
Appears in 2 contracts
Samples: Loan and Security Agreement (Black Warrior Wireline Corp), Loan and Security Agreement (Black Warrior Wireline Corp)
Statements of Account. Lender will account to Borrower monthly with a statement of Loans, charges and payments made pursuant to this AgreementAgreement supported, if requested by Borrower, by appropriate documentation, and such account rendered by Lender shall be deemed final, binding and conclusive upon Borrower unless Lender is notified by Borrower in writing to the contrary within thirty sixty (3060) days of after the date each accounting is mailed deemed to Borrowerhave been sent pursuant to Section 11.8 hereof. Such notice shall only be deemed an objection to those items specifically objected to therein.
Appears in 2 contracts
Samples: Loan and Security Agreement (Bayard Drilling Technologies Inc), Loan and Security Agreement (Bayard Drilling Technologies Inc)
Statements of Account. Lender will account to Borrower monthly with a statement of Loans, charges charges, and payments made pursuant to this Agreement, and such account rendered by Lender shall be deemed final, binding and conclusive upon Borrower unless Lender is notified by Borrower in writing to the contrary within thirty (30) days of the date each accounting is mailed to Borrower. Such notice only shall only be deemed an objection to those items specifically objected to therein.
Appears in 2 contracts
Samples: Loan and Security Agreement (Meade Instruments Corp), Loan and Security Agreement (Meade Instruments Corp)
Statements of Account. Lender will account to Borrower monthly with a statement of Loans, charges and payments made pursuant to this Agreement, and such account rendered by Lender shall be deemed final, binding and conclusive upon Borrower unless Lender is notified by Borrower in writing to the contrary within thirty (30) days of the date each such accounting is mailed to Borrower. Such notice shall only be deemed an objection to those items specifically objected to therein.
Appears in 2 contracts
Samples: Loan and Security Agreement (Eagle Supply Group Inc), Loan and Security Agreement (Eagle Supply Group Inc)
Statements of Account. Lender will account to Borrower monthly with a statement of Loans, Letters of Credit, charges and payments made pursuant to this Agreement, and such account rendered by Lender shall (absent manifest error) be deemed final, binding and conclusive upon Borrower unless Lender is notified by Borrower in writing to the contrary within thirty (30) days of the date each accounting is mailed account was sent to BorrowerBorrower at its address set forth herein for notices. Such notice shall only be deemed an objection to those items specifically objected to therein.
Appears in 2 contracts
Samples: Loan and Security Agreement (Simione Central Holdings Inc), Loan and Security Agreement (Theragenics Corp)
Statements of Account. Lender will account to Borrower monthly with a statement sent to Borrower of Loans, charges and payments made pursuant to this Agreement, and such account rendered by Lender shall be deemed final, binding and conclusive upon Borrower unless Lender is notified by Borrower in writing to the contrary within thirty (30) 30 days of the date each such accounting is mailed to Borrower. Such notice shall only be deemed an objection to those items specifically objected to therein.
Appears in 1 contract
Statements of Account. Lender will account to Borrower monthly with a statement of Loans, charges and payments made pursuant to this Agreement, and such account rendered by Lender shall be deemed final, binding and conclusive upon Borrower unless Lender is notified by Borrower in writing to the contrary within thirty (30) 120 days of after the date each accounting account is mailed to Borrower. Such notice shall only be deemed an objection to those items specifically objected to therein.
Appears in 1 contract
Samples: Loan and Security Agreement (Lowrance Electronics Inc)
Statements of Account. Lender will account to Borrower Borrowers monthly with a statement of Loans, charges and payments made pursuant to this Agreement, and such account rendered by Lender shall be deemed final, binding and conclusive upon Borrower Borrowers unless Lender is notified by Borrower Borrowers in writing to the contrary within thirty (30) days of after the date each accounting is mailed sent pursuant to BorrowerSection 11.8. Such notice shall only be deemed an objection to those items specifically objected to therein.
Appears in 1 contract
Samples: Loan and Security Agreement (Avalon Community Services Inc)
Statements of Account. Lender will account to Borrower monthly xxxxhly with a statement of Loans, charges and payments made pursuant to this Agreement, and such account rendered by Lender shall be deemed final, binding and conclusive upon Borrower unless Lender is notified by Borrower in writing xx xxxting to the contrary within thirty (30) days of the date each accounting is mailed to Borrower. Such notice shall only be deemed an objection to those items specifically objected to therein.
Appears in 1 contract
Samples: Equipment Loan Note (Pure World Inc)
Statements of Account. Lender will account to Borrower Borrowers monthly with a statement of Loans, charges and payments made pursuant to this Agreement, and such account rendered by Lender shall be deemed final, binding and conclusive upon Borrower Borrowers unless Lender is notified by Borrower Borrowers in writing to the contrary within thirty (30) days of the date each such accounting is mailed to BorrowerBorrowers. Such notice shall only be deemed an objection to those items specifically objected to therein.
Appears in 1 contract
Samples: Loan and Security Agreement (Eagle Supply Group Inc)
Statements of Account. Lender will account to Borrower Borrowers monthly with a statement of Loans, charges and payments made pursuant to this Agreement, and such account rendered by Lender shall be deemed final, binding and conclusive upon Borrower Borrowers absent manifest error unless Lender is notified by Borrower Borrowers in writing to the contrary within thirty (30) days of the date each accounting is mailed to BorrowerBorrowers. Such notice shall only be deemed an objection to those items specifically objected to therein.
Appears in 1 contract
Statements of Account. Lender will account to Borrower Borrowers monthly with a statement of Loans, charges and payments made pursuant to this Agreement, and such account accounting rendered by Lender shall be deemed final, binding and conclusive upon Borrower Borrowers unless Lender is notified by Borrower Borrowers in writing to the contrary within thirty (30) 30 days of after the date each accounting is mailed deemed to Borrowerhave been sent pursuant to Section 12.8. Such notice shall only be deemed an objection to those items specifically objected to therein.
Appears in 1 contract
Samples: Loan and Security Agreement (Atlantic Premium Brands LTD)
Statements of Account. Lender will account to Borrower Borrowers monthly with a statement of Loans, charges and payments made pursuant to this Agreement, and such account rendered by Lender shall be deemed final, binding and conclusive upon Borrower the Borrowers unless Lender is notified by a Designated Borrower in writing to the contrary within thirty (30) 30 days of the date each accounting is mailed to Borrowerthe Borrowers. Such notice shall only be deemed an objection to those items specifically objected to therein.
Appears in 1 contract
Samples: Loan and Security Agreement (United Industrial Corp /De/)
Statements of Account. Lender will account to Borrower monthly with a statement of Loans, charges charges, and payments made pursuant to this Agreement, and such account rendered by Lender (absent manifest error) shall be deemed final, binding and conclusive upon Borrower unless Lender is notified by Borrower in writing to the contrary within thirty (30) 30 days of the date each accounting is mailed to Borrower. Such notice only shall only be deemed an objection to those items specifically objected to therein.
Appears in 1 contract
Samples: Loan and Security Agreement (Peregrine Real Estate Trust)
Statements of Account. Lender will account to Borrower monthly with a statement of Loansthe Term Loan, charges and payments made pursuant to this Agreement, and such account rendered by Lender shall be deemed final, binding and conclusive upon Borrower absent manifest error unless Lender is notified by Borrower in writing to the contrary within thirty (30) 30 days of the date each accounting is mailed to received by Borrower. Such notice shall only be deemed an objection to those items specifically objected to therein.
Appears in 1 contract
Samples: Loan and Security Agreement (Jayhawk Acceptance Corp)
Statements of Account. Lender will account to Borrower monthly periodically with a statement of Loans, charges and payments made pursuant to this Agreement, and such account rendered by Lender shall be deemed final, binding and conclusive upon Borrower unless Lender is notified by Borrower in writing to the contrary within thirty (30) 30 days of the date each accounting is mailed to Borrower. Such notice shall only be deemed an objection to those items specifically objected to therein.
Appears in 1 contract
Statements of Account. Lender will account to Borrower monthly with a statement of Loans, charges and payments made pursuant to this Agreement, and such account rendered by Lender shall be deemed final, binding and conclusive upon Borrower unless Lender is notified by Borrower in writing to the contrary within thirty (30) days of after the date each on which such accounting is mailed deemed to Borrowerhave been sent pursuant to section 12.9. Such notice shall only be deemed an objection to those items specifically objected to therein.
Appears in 1 contract
Samples: Loan Agreement (Fresh Foods Inc)
Statements of Account. Lender will account to Borrower monthly with a statement of Loans, charges and payments made pursuant to this Agreement, and such account 18 rendered by Lender shall be deemed final, binding and conclusive upon Borrower unless Lender is notified by Borrower in writing to the contrary within thirty (30) 30 days of the date each accounting is mailed to Borrower. Such notice shall only be deemed an objection to those items specifically objected to therein.
Appears in 1 contract
Statements of Account. Lender Xxxxxx will account to Borrower Borrowers monthly with a statement of Loans, charges and payments made pursuant to this Agreement, and such account rendered by Lender shall be deemed final, binding and conclusive upon Borrower Borrowers unless Lender is notified by Borrower Borrowers in writing to the contrary within thirty (30) 30 days of the date each accounting is mailed to BorrowerBorrowers. Such notice shall only be deemed an objection to those items specifically objected to therein.
Appears in 1 contract
Statements of Account. Lender will account to Borrower monthly with a statement of Loans, charges and payments made pursuant to this Agreement, and such account rendered by Lender shall be deemed final, binding and conclusive upon Borrower absent manifest error unless Lender is notified by Borrower in writing to the contrary within thirty sixty (3060) days of the date each accounting is mailed to Borrower. Such notice shall only be deemed an objection to those items specifically objected to therein.
Appears in 1 contract
Samples: Loan and Security Agreement (Electronics Boutique Holdings Corp)
Statements of Account. Lender will account to Borrower Borrowers monthly with a statement of Loans, charges and payments made pursuant to this Agreement, and such account rendered by Lender shall be deemed final, binding and conclusive upon Borrower Borrowers unless Lender is notified by Borrower Borrowers in writing to the contrary within thirty (30) days of the date each accounting is mailed to BorrowerBorrowers. Such notice shall only be deemed an objection to those items specifically objected to therein.
Appears in 1 contract
Samples: Loan and Security Agreement (Measurement Specialties Inc)
Statements of Account. Lender will account to Borrower Borrowers monthly with --------------------- a statement of Loans, charges and payments made pursuant to this Agreement, and such account rendered by Lender shall be deemed final, binding and conclusive upon Borrower Borrowers unless Lender is notified by Borrower Borrowers in writing to the contrary within thirty (30) days of after the date each accounting is mailed sent pursuant to BorrowerSection 11.8. Such notice shall only be deemed an ------------ objection to those items specifically objected to therein.
Appears in 1 contract
Samples: Loan and Security Agreement (Avalon Community Services Inc)
Statements of Account. Lender will account to Borrower monthly with --------------------- a statement of Loans, charges and payments made pursuant to this Agreement, and such account accounting rendered by Lender shall be deemed final, binding and rebuttably conclusive upon Borrower unless Lender is notified by Borrower in writing to the contrary within thirty (30) 30 days of after the date each accounting is mailed deemed to Borrowerhave been sent pursuant to Section 12.8. Such notice shall only be deemed an objection to those items specifically objected to therein.
Appears in 1 contract
Statements of Account. Lender will account to Borrower monthly with a statement of Loans, charges and payments made pursuant to this Agreement, and and, in the absence of manifest error, such account accounting rendered by Lender shall be deemed final, binding and rebuttably conclusive upon Borrower unless Lender is notified by Borrower in writing to the contrary within thirty (30) 30 days of after the date each accounting is mailed deemed to Borrowerhave been sent pursuant to Section 12.8. Such notice shall only be deemed an objection to those items specifically objected to therein.
Appears in 1 contract
Statements of Account. Lender will account to Borrower monthly with a statement of Loans, Letters of Credit, charges and payments made pursuant to this Agreement, Agreement and such account rendered by Lender shall (absent manifest error) be deemed final, binding and conclusive upon Borrower unless Lender is notified by Borrower in writing to the contrary within thirty (30) days of the date each accounting is mailed account was sent to BorrowerBorrower at its address set forth herein for notices. Such notice shall only be deemed an objection to those items specifically objected to therein.
Appears in 1 contract
Statements of Account. Lender will account to Borrower monthly with a statement of Loans, charges and payments made pursuant to this Agreement, a copy of which shall be sent to Lender and such account rendered by Lender shall be deemed final, binding and conclusive upon Borrower unless Lender is notified by Borrower in writing to the contrary within thirty (30) days of the date each accounting account is mailed to Borrower. Such notice shall only be deemed an objection to those items specifically objected to therein.
Appears in 1 contract
Samples: Loan and Security Agreement (Franklin Ophthalmic Instruments Co Inc)
Statements of Account. Lender will account to Borrower monthly with a statement of Loans, charges and payments made pursuant to this Agreement, and such account rendered by Lender shall be deemed final, binding and conclusive upon Borrower unless Lender is notified by Borrower in writing to the contrary within thirty (30) days of after the date each on which such accounting is mailed deemed to Borrowerhave been sent pursuant to Section 12.10 hereof. Such notice shall only be deemed an objection to those items specifically objected to therein.
Appears in 1 contract
Samples: Loan and Security Agreement (Atlantic Coast Airlines Holdings Inc)
Statements of Account. Lender will account to Borrower monthly with a statement of Loans, charges and payments made pursuant to this Agreement, and such account rendered by Lender shall be deemed final, binding and conclusive upon Borrower Borrower, unless Lender is notified by Borrower in writing to the contrary within thirty (30) days of the date each accounting is mailed to Borroweraccount was rendered. Such notice shall only be deemed an objection to those items specifically objected to therein.
Appears in 1 contract
Samples: Loan and Security Agreement (Red Man Pipe & Supply Co)
Statements of Account. Lender will account to Borrower monthly with a statement of Loans, charges and payments made pursuant to this Agreement, and such account rendered by Lender Lender, absent manifest error, shall be deemed final, binding and conclusive upon Borrower unless Lender is notified by Borrower in writing to the contrary within thirty seventy-five (3075) days of after the date each accounting account is mailed to Borrower. Such notice shall only be deemed an objection to those items specifically objected to therein.
Appears in 1 contract
Samples: Loan and Security Agreement (Cal Dive International Inc)
Statements of Account. Lender will account to Borrower monthly with a statement of Loans, charges and payments made pursuant to this Agreement, and such account rendered by Lender shall be deemed final, binding and conclusive upon Borrower unless Lender is notified by Borrower in writing to the contrary within thirty (30) 30 days of after the date each on which such accounting is mailed deemed to Borrowerhave been sent pursuant to section 11.8. Such notice shall only be deemed an objection to those items specifically objected to therein.
Appears in 1 contract
Statements of Account. Lender will account to Borrower monthly with a statement of Loans, charges and payments made pursuant to this Agreement, and such account accounting rendered by Lender shall be deemed final, binding and conclusive upon Borrower unless Lender is notified by Borrower in writing to the contrary within thirty (30) 30 days of after the date each accounting is mailed deemed to Borrowerhave been sent pursuant to Section 13.10. Such notice shall only be deemed an objection to those items specifically objected to therein. Failure of Lender to render any such account shall in no way affect the rights of Lender hereunder.
Appears in 1 contract
Statements of Account. Lender will account to Borrower Borrowers monthly with a statement of Loans, charges and payments made pursuant to this Agreement, and such account rendered by Lender shall be deemed final, binding and conclusive upon Borrower Borrowers unless Lender is notified by Borrower Borrowing Agent in writing to the contrary within thirty (30) days of after the date each accounting account is mailed to BorrowerBorrowers. Such notice shall only be deemed an objection to those items specifically objected to therein.
Appears in 1 contract
Statements of Account. Lender will account to Borrower monthly with --------------------- a statement of Loans, charges and payments made pursuant to this Agreement, and such account rendered by Lender shall be deemed final, binding and conclusive upon Borrower unless Lender is notified by Borrower in writing to the contrary within thirty (30) 30 days of the date each accounting is mailed to Borrower. Such notice shall only be deemed an objection to those items specifically objected to therein.
Appears in 1 contract