Common use of Verification of Accounts Clause in Contracts

Verification of Accounts. The Lender shall have the right, at any time or times hereafter, in the Lender’s name or in the name of a nominee of the Lender, to verify the validity, amount or any other matter relating to any Accounts, by mail, telephone, telegraph or otherwise.

Appears in 3 contracts

Samples: Credit Agreement (Lawson Products Inc/New/De/), Credit Agreement (Lawson Products Inc/New/De/), Credit Agreement (Lawson Products Inc/New/De/)

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Verification of Accounts. The Lender shall have the right, at any time or times hereafter, in the Lender’s name or in the name of the Lender or a nominee of the Lender, to verify the validity, amount or any other matter relating to any AccountsAccounts of the Borrower, by mail, telephone, telegraph facsimile or otherwise.

Appears in 3 contracts

Samples: Loan and Security Agreement (Advocat Inc), Loan and Security Agreement (Advocat Inc), Loan and Security Agreement (Tandem Health Care, Inc.)

Verification of Accounts. The Lender shall have the right, at any time or times hereafter, in the name of a nominee of Lender (and at any time or times after the occurrence and during the continuance of any Event of Default or Default, in Lender’s 's name or in the name of a nominee of the Lender), to verify the validity, amount or any other matter relating to any Accounts, by mail, telephone, telegraph or otherwiseotherwise and in any event to sign Borrower's name on any verification of Accounts and notices thereof to Account Debtors.

Appears in 1 contract

Samples: Loan and Security Agreement (Allied Digital Technologies Corp)

Verification of Accounts. The Lender shall have the right, at any time or times hereafter, in the Lender’s its name or in the name of a nominee of the Lender, to verify the validity, amount or any other matter relating to any Accounts, by mail, telephone, telegraph or otherwise.

Appears in 1 contract

Samples: Pledge and Security Agreement (Electronic Cigarettes International Group, Ltd.)

Verification of Accounts. The Lender shall have the right, at any time or times hereafter, in the Lender’s 's name or in the name of a nominee of the Lender, to verify the validity, amount or any other matter relating to any Accounts, by mail, telephone, telegraph or otherwise.

Appears in 1 contract

Samples: Credit Agreement (Lawson Products Inc/New/De/)

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Verification of Accounts. The Lender shall have the right, right at any time and from time to time, after first giving either oral or times hereafter, in the Lender’s name or in the name of a nominee of the Lenderwritten notice to Borrower, to verify the validity, validity and amount or of any Account and any other matter relating to any Accountsan Account, by mail, telephone, telegraph communicating in writing or otherwiseorally directly with the Account Debtor or any Person who represents or Lender believes represents the Account Debtor.

Appears in 1 contract

Samples: Loan Agreement (Davel Communications Group Inc)

Verification of Accounts. The Lender shall have the right, at any reasonable time or times hereafter, in the Lender’s its name or in the name of a nominee of the Lender, to verify the validity, amount or any other matter relating to any Accounts, by mail, telephone, telegraph telegraph, or otherwise.

Appears in 1 contract

Samples: Credit Agreement (Vertical Capital Income Fund)

Verification of Accounts. The Lender shall have the right, at any time or times hereafter, in the Lender’s name or in the name of Borrowers or a nominee of Lender, or during the pendency of an Event of Default, in Lender's name, to verify with Account Debtors the validity, amount or any other matter relating to any AccountsAccount, by mail, telephone, telegraph or otherwisein person.

Appears in 1 contract

Samples: Secured Credit Agreement (Diplomat Direct Marketing Corp)

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