Validity of Accounts. (a) The amount of each Account shown on the books, records, and invoices of the Borrower represented as owing by each Account Debtor is and will be the correct amount actually owing by such Account Debtor and shall have been fully earned by performance by the Borrower.
Appears in 30 contracts
Samples: Loan and Security Agreement (Hastings Entertainment Inc), Loan and Security Agreement (Hastings Entertainment Inc), Loan and Security Agreement (Redenvelope Inc)
Validity of Accounts. (a) The amount of each Account shown on the books, records, and invoices of the Borrower Borrowers represented as owing by each Account Debtor is and will be the correct amount actually owing by such Account Debtor and shall have been fully earned by performance by the BorrowerBorrowers.
Appears in 19 contracts
Samples: Loan and Security Agreement (Drugmax Inc), Loan and Security Agreement (Dreams Inc), Term Loan and Security Agreement (Mothers Work Inc)
Validity of Accounts. (a) The Except for adjustments and disputes in the ordinary course of business, the amount of each Account of the Accounts Receivable shown on the books, records, and invoices of the Borrower Loan Parties represented as owing by each Account Debtor is and will be the correct amount actually owing by such Account Debtor and shall have been fully earned by performance by the BorrowerLoan Parties.
Appears in 4 contracts
Samples: Senior Loan Agreement (DSW Inc.), Senior Convertible Loan Agreement (Value City Department Stores Inc /Oh), Financing Agreement (Value City Department Stores Inc /Oh)
Validity of Accounts. (a) The amount of each Account shown on the books, records, and invoices of the Borrower represented as owing by each Account Debtor is and will be the correct amount actually owing by such Account Debtor and shall have been fully earned by performance by the Borrower, subject to such Account Debtor’s rights to return merchandise in the normal course of the Borrower’s business.
Appears in 3 contracts
Samples: Loan and Security Agreement (Gander Mountain Co), Loan and Security Agreement (Gander Mountain Co), Loan and Security Agreement (Gander Mountain Co)
Validity of Accounts. (a) The amount of each Account shown on the books, records, and invoices of the Borrower Loan Parties represented as owing by each Account Debtor is and will be the correct amount actually owing by such Account Debtor and shall have been fully earned by performance by the BorrowerLoan Parties.
Appears in 3 contracts
Samples: Loan and Security Agreement (Casual Male Retail Group Inc), Loan and Security Agreement (Odd Job Stores Inc), Loan and Security Agreement (Designs Inc)
Validity of Accounts. (a) The amount of each Account shown on the books, records, and invoices of the Borrower represented as owing by each Account Debtor is and will be the correct amount actually owing by such Account Debtor and shall have been fully earned by performance by the Borrower, subject to such Account Debtor's rights to return merchandise in the normal course of the Borrower's business.
Appears in 2 contracts
Samples: Loan and Security Agreement (Gander Mountain Co), Loan and Security Agreement (Gander Mountain Co)
Validity of Accounts. (a) The amount of each Account shown on the books, records, and invoices of the each Borrower represented as owing by each Account Debtor is and will be the correct amount actually owing by such Account Debtor and shall have been fully earned by performance by such Borrower, subject to the Account Debtor's rights to return merchandise in the normal course of such Borrower's business.
Appears in 2 contracts
Samples: Loan and Security Agreement (Jacobson Stores Inc), Loan and Security Agreement (Jacobson Stores Inc)
Validity of Accounts. (a) The amount of each Account shown on the books, records, records and invoices of the Borrower Borrowers represented as owing by each Account Debtor is and will be the correct amount actually owing by such Account Debtor and shall have been fully earned by performance by the Borrowers, subject to such Account Debtor's right to return merchandise in the normal course of such Borrower's business.
Appears in 1 contract
Samples: Jacobson Stores Inc
Validity of Accounts. (a) The amount of each Account shown on the books, records, and invoices of the Borrower Guarantor represented as owing by each Account Debtor is and will be the correct amount actually owing by such Account Debtor and shall have been fully earned by performance by the BorrowerGuarantor.
Appears in 1 contract
Samples: Stock Pledge Agreement (Sunglass Hut International Inc)
Validity of Accounts. (a) The amount of each Account shown on the books, records, and invoices of the Borrower Borrowers represented as owing by each Account Debtor is and will be the correct amount actually owing by such Account Debtor and shall have been fully earned by performance by the BorrowerBorrowers, subject to such Account Debtor’s rights to return merchandise in the normal course of the Borrowers’ business.
Appears in 1 contract
Validity of Accounts. (a) The To the best knowledge of the Principal Borrowers, the amount of each Account shown on the books, records, and invoices of the a Principal Borrower represented as owing by each Account Debtor is and will be the correct amount actually owing by such Account Debtor and shall have been fully earned by performance by the that Principal Borrower.
Appears in 1 contract
