Self-Pay Account definition
Examples of Self-Pay Account in a sentence
If the Borrower becomes aware of any matter that could adversely affect any Account Debtor (other than a Self-Pay Account Debtor), including information regarding the Account Debtor's creditworthiness, the Borrower shall promptly so advise the Lender.
If any Option Care Person becomes aware of any matter that is reasonably likely to materially adversely affect any Account Debtor (other than a Self-Pay Account Debtor), including information regarding the Account Debtor's creditworthiness, such Option Care Person shall promptly so advise the Lender.
The Lender shall have received evidence that Account Debtor Notices, signed by the Borrower, have been sent by certified mail, return receipt requested, to all of the Account Debtors, including the Specified Account Debtors referred to in clause (s), other than any Government Account Debtors or Self-Pay Account Debtors.
If any Option Care Person becomes aware of any matter that is reasonably likely to materially adversely affect any Account Debtor (other than a Self-Pay Account Debtor), including information regarding the Account Debtor's creditworthiness, such Option Care Person shall promptly so advise the Lenders' Agent.
Each Borrower Party hereby represents and warrants to the Lender that Account Debtor Notices, signed by the Borrowers, have been delivered to all of the Account Debtors (other than Government Account Debtors and Self-Pay Account Debtors) with respect to Accounts that are treated as Eligible Accounts (starting thirty (30) days after the earlier of (i) the date that the first Loan is made and (ii) the date that the first Letter of Credit is issued).
Section 7.9(a) of the Loan and Security Agreement is hereby amended by adding the following new sentence to the end thereof: The Borrower hereby represents and warrants to the Lender that Account Debtor Notices, signed by the Borrower, have been delivered to all of the Account Debtors, including the Specified Account Debtors (but excluding any Government Account Debtors or Self-Pay Account Debtors).