Common use of Verification of Receivables Clause in Contracts

Verification of Receivables. The Bank may at any time, either orally or in writing, request confirmation from any debtor of the current amount and status of the accounts receivable upon which such debtor is obligated.

Appears in 27 contracts

Samples: Loan Agreement (HireQuest, Inc.), Loan Agreement (Thorne Healthtech, Inc.), Credit Agreement (Bowman Consulting Group Ltd.)

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Verification of Receivables. The Bank may at any time, either orally or in writing, request confirmation from any debtor of the current amount and status of the accounts receivable upon which such debtor is obligated.

Appears in 4 contracts

Samples: Business Loan Agreement (Hawker Pacific Aerospace), Business Loan Agreement (Hawker Pacific Aerospace), Business Loan Agreement (Hawker Pacific Aerospace)

Verification of Receivables. The Bank may at any time, either orally or in writing, request confirmation from any debtor Receivable Debtor of the current amount and status of the accounts receivable Receivable upon which such debtor Receivable Debtor is obligated.

Appears in 3 contracts

Samples: Credit Agreement (Maxxam Group Holdings Inc), Credit Agreement (Pacific Lumber Co /De/), Credit Agreement (Maxxam Group Holdings Inc)

Verification of Receivables. The Bank Lender may at any time, either orally or in writing, request confirmation from any debtor of the current amount and status of the accounts receivable upon which such debtor is obligated.

Appears in 2 contracts

Samples: Loan Agreement (Stryve Foods, Inc.), Loan Agreement (Stryve Foods, Inc.)

Verification of Receivables. The Bank may at any timeanytime, either orally or in writing, request confirmation from any debtor of the current amount and status of the accounts receivable upon which such debtor is obligated.

Appears in 1 contract

Samples: Loan Agreement (Thomas Group Inc)

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Verification of Receivables. The Bank may at any time, in the name of the Borrower or if an Event of Default exists, in the name of the Bank, either orally or in writing, request confirmation from any debtor of the current amount and status of the accounts receivable upon which such debtor is obligated.

Appears in 1 contract

Samples: Business Loan Agreement (Remedytemp Inc)

Verification of Receivables. The Bank may at any time, either orally or in writing, request confirmation from any debtor Receivable Debtor of the current amount and status of the accounts receivable Receivable upon which such debtor Receivable Debtor is obligated.

Appears in 1 contract

Samples: Credit Agreement (Gt Bicycles Inc)

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