Common use of Verification Clause in Contracts

Verification. Silicon may, from time to time, verify directly with the respective Account Debtors the validity, amount and other matters relating to the Receivables, by means of mail, telephone or otherwise, either in the name of Borrower or Silicon or such other name as Silicon may choose.

Appears in 69 contracts

Sources: Loan and Security Agreement (Digirad Corp), Loan and Security Agreement (Network Computing Devices Inc), Loan and Security Agreement (Digirad Corp)

Verification. Silicon may, from time to time, verify directly with the respective Account Debtors the validity, amount and other matters relating to the ReceivablesAccounts, by means of mail, telephone or otherwise, either in the name of Borrower or Silicon or such other name as Silicon may choose.

Appears in 56 contracts

Sources: Loan and Security Agreement (Act Teleconferencing Inc), Loan and Security Agreement (Endocardial Solutions Inc), Loan and Security Agreement (Catalyst International Inc)

Verification. Silicon may, from time to time, verify directly with the respective Account Debtors the validity, amount and other matters relating to the ReceivablesAccounts, by means of mail, telephone or otherwise, either in the name of Borrower or Silicon or such other name as Silicon may choose. Silicon will provide Borrower with notice of any such action.

Appears in 3 contracts

Sources: Loan and Security Agreement (Telecommunication Systems Inc /Fa/), Loan and Security Agreement (Telecommunication Systems Inc /Fa/), Loan and Security Agreement (Telecommunication Systems Inc /Fa/)

Verification. Silicon may, from time to time, verify directly with the respective Account Debtors the validity, amount and other matters relating to the Receivables, by means of mail, telephone or otherwise, either in the name of Borrower or Silicon or such other name as Silicon may choose.. Silicon Valley Bank Loan and Security Agreement ----------------------------------------------------------------

Appears in 1 contract

Sources: Loan and Security Agreement (DTM Corp /Tx/)

Verification. Silicon may, from time to time, verify directly with the respective Account Debtors the validity, amount and other matters relating to the ReceivablesAccounts, by means of mail, telephone or otherwise, either in the name of Borrower or Silicon or such other name as Silicon may choose. Such verifications shall be done in accordance with Silicon’s normal practice.

Appears in 1 contract

Sources: Loan and Security Agreement (Atheros Communications Inc)

Verification. Silicon may, from time to time, verify directly with the respective Account Debtors the validity, amount and other matters relating relating- to the Receivables, by means of mail, telephone or otherwise, either in the name of Borrower or Silicon or such other name as Silicon may choose.

Appears in 1 contract

Sources: Loan and Security Agreement (Adaytum Software Inc)

Verification. Silicon may, from time to time, verify directly with the respective Account Debtors in a commercially reasonable manner the validity, amount and other matters relating to the ReceivablesAccounts, by means of mail, telephone or otherwise, either in the name of Borrower or Silicon or such other name as Silicon may choose.

Appears in 1 contract

Sources: Loan and Security Agreement (Tut Systems Inc)

Verification. Silicon may, from time to time, verify directly with the respective Account Debtors the validity, amount and other matters relating to the Receivables, by means of mail, telephone or otherwise, either in the name of Borrower or Silicon or such other name as Silicon may choose.

Appears in 1 contract

Sources: Loan and Security Agreement (Cambridge Heart Inc)

Verification. Silicon may, from time to time, verify directly with the respective Account Debtors the validity, amount and other matters relating to the ReceivablesAccounts, by means of mail, telephone or otherwise, either in the name of Borrower or Silicon or such other name as Silicon may choose.. SILICON VALLEY BANK LOAN AND SECURITY AGREEMENT

Appears in 1 contract

Sources: Loan and Security Agreement (Animas Corp)

Verification. Silicon may, may from time to time, verify directly in a commercially reasonable manner with the respective Account Debtors the validity, amount and other matters relating to the ReceivablesAccounts, by means of mail, telephone or otherwise, either in the name of Borrower or Silicon or such other name as Silicon may chooseSilicon.

Appears in 1 contract

Sources: Loan and Security Agreement (Relm Wireless Corp)