Verification of Accounts. The Bank shall have the right, during the pendency of an Event of Default, in the Bank's name, to verify the validity, amount or any other matter relating to any Account, by mail, telephone, or in person.
Appears in 3 contracts
Samples: Loan and Security Agreement (Martin Color-Fi Inc), Loan and Security Agreement (Martin Color-Fi Inc), Loan and Security Agreement (Martin Color-Fi Inc)
Verification of Accounts. The Bank shall have the right, during at any time or times after the pendency of an Event of DefaultClosing Date, in Bank’s name or in the name of a nominee of Bank's name, to verify the validity, amount or any other matter relating to any AccountAccounts, by mail, telephone, telegraph or in personotherwise and to sign any Obligor’s name on any verification of Accounts and notices thereof to Account Debtors.
Appears in 2 contracts
Samples: Loan and Security Agreement (Teavana Holdings Inc), Loan and Security Agreement (Teavana Holdings Inc)
Verification of Accounts. The After the occurrence of an Event of Default, the Bank shall have the right, during the pendency of an Event of Default, in the Bank's nameat any time or times, to verify the validity, amount or any other matter relating to any Account, by mail, telephone, or in person.
Appears in 1 contract
Verification of Accounts. The Bank shall have the right, during the pendency of an Event of Defaultat any time or times hereafter, in its name or in the name of a nominee of Bank's name, to verify the validity, amount or any other matter relating to any AccountAccounts, by mail, telephone, electronic mail or in personotherwise.
Appears in 1 contract
Samples: Loan and Security Agreement (GlassBridge Enterprises, Inc.)
Verification of Accounts. The Upon the occurrence of an Event of Default, Bank shall have the right, during the pendency of an Event of Defaultat any time or times hereafter, in its name or in the name of a nominee of Bank's name, to verify the validity, amount or any other matter relating to any AccountAccounts, by mail, telephone, telegraph or in personotherwise.
Appears in 1 contract
Samples: Pledge and Security Agreement (Lighting Science Group Corp)
Verification of Accounts. The At any time, the Bank shall have the right, during the pendency of an Event of Default, in the Bank's name, right to verify the validitybalances outstanding on any or all of the Borrowers’ accounts. Such verifications shall be conducted in such manner as the Bank may, amount or any other matter relating to any Accountin its reasonable discretion, direct, and the reasonable cost thereof shall be borne by mail, telephone, or in personthe Borrowers.
Appears in 1 contract
Samples: Commercial Revolving Loan Agreement (International Smart Sourcing Inc)
Verification of Accounts. The Bank Any of the Bank's officers, employees, or agents shall have the right, during the pendency of an Event of Default, in the Bank's nameat any time or times hereafter, to verify the validity, amount or any other matter relating to any Account, Accounts by mail, telephone, telegraph or in personotherwise.
Appears in 1 contract
Samples: Credit Facility Agreement (Speizman Industries Inc)
Verification of Accounts. The Subject to applicable Laws, Bank shall have the right, during the pendency of an Event of Defaultat any time or times hereafter, in its name or in the name of a nominee of Bank's name, to verify the validity, amount or any other matter relating to any AccountCollateral, by mail, telephone, electronic mail or in personotherwise.
Appears in 1 contract
Samples: Loan and Security Agreement (Impac Mortgage Holdings Inc)