Common use of Account Clause in Contracts

Account. The word "Account" means a trade account, account receivable, other receivable, or other right to payment for goods sold or services rendered owing to Grantor (or to a third party grantor acceptable to Lender).

Appears in 39 contracts

Sources: Commercial Security Agreement (Granite Falls Energy, LLC), Security Agreement (Heron Lake BioEnergy, LLC), Security Agreement (Heron Lake BioEnergy, LLC)

Account. The word "Account" means a trade account, account receivable, other receivable, or other right to payment for goods sold or services rendered owing to Grantor Borrower (or to a third party grantor acceptable to Lender).

Appears in 29 contracts

Sources: Business Loan Agreement (Addvantage Technologies Group Inc), Business Loan Agreement (SKM Media Corp.), Change in Terms Agreement (Titan Energy Worldwide, Inc.)

Account. The word "Account" means a trade account, account receivable, other receivable, or other right to payment receivable of Borrower for goods sold or leased or for services rendered owing to Grantor (or to a third party grantor acceptable to Lender)by Borrower in the ordinary course of its business.

Appears in 7 contracts

Sources: Loan Agreement (Carrier Access Corp), Loan Agreement (Gentner Communications Corp), Loan Agreement (Carrier Access Corp)

Account. The word "Account" means a trade account, account receivable, other receivable, or other right to payment for goods sold or services rendered owing to Grantor borrower (or to a third party grantor acceptable to Lender).

Appears in 2 contracts

Sources: Loan Agreement (Scientific Software Intercomp Inc), Loan Agreement (Scientific Software Intercomp Inc)

Account. The word "Account" means a trade account, account receivable, other receivable, or other right to payment for goods sold or services rendered owing to Grantor (or Borrower for to a third party grantor acceptable to Lender).

Appears in 1 contract

Sources: Business Loan Agreement (Marketing Worldwide Corp)

Account. The word "Account" means a trade account, account receivable, other receivable, or other right to payment for goods sold or services rendered rendered, owing to Grantor (or to a third party grantor acceptable to Lender)Borrower.

Appears in 1 contract

Sources: Loan Agreement (Teraforce Technology Corp)

Account. The word "AccountAccounts" means a trade account, account receivable, other receivable, or other right to payment for goods sold or services rendered owing to Grantor (or to a third party grantor acceptable to Lender).

Appears in 1 contract

Sources: Commercial Security Agreement (Sardy House LLC)

Account. The word "Account" means a trade account, account receivable, other receivable, or other right to payment for goods sold or services rendered owing to Grantor (or to a third party grantor acceptable to Lender).,

Appears in 1 contract

Sources: Business Loan Agreement (Chicago Pizza & Brewery Inc)