Common use of Status of Receivables Clause in Contracts

Status of Receivables. Each Receivable reflected in the computations included in any Borrowing Base Certificate meets the criteria enumerated in the definition of Eligible Receivables, except as disclosed in such Borrowing Base Certificate or as disclosed in a timely manner in a subsequent Borrowing Base Certificate or otherwise in writing to the Agent.

Appears in 3 contracts

Samples: Loan and Security Agreement (Supreme International Corp), Loan and Security Agreement (Supreme International Corp), Loan and Security Agreement (Galileo Corp)

AutoNDA by SimpleDocs

Status of Receivables. Each Receivable reflected in the computations included in any Borrowing Base Certificate meets the criteria enumerated in the definition of Eligible ReceivablesReceivables (or Eligible Export Receivables as the case may be), except as disclosed in such Borrowing Base Certificate or as disclosed in a timely manner in a subsequent Borrowing Base Certificate or otherwise in writing to the AgentLender.

Appears in 1 contract

Samples: Loan and Security Agreement (Airport Systems International Inc)

AutoNDA by SimpleDocs

Status of Receivables. Each Receivable reflected in the computations included in any Borrowing Base Certificate meets the criteria enumerated in CLAUSES (a) through (o) of the definition of Eligible Receivables, except as disclosed in such Borrowing Base Certificate or as disclosed in a timely manner in a subsequent Borrowing Base Certificate or otherwise in writing to the AgentLender.

Appears in 1 contract

Samples: Loan and Security Agreement (Ild Telecommunications Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.