Lockbox definition

Lockbox has the meaning set forth in Section 2.11.
Lockbox has the meaning given in the Lockbox Agreement.
Lockbox is defined in Section 2.2.7.

Examples of Lockbox in a sentence

  • Customer authorizes Bank to debit the Lockbox Account (or any other Account maintained by Customer at Bank) for any fees or other amounts due Bank in connection with Lockbox.

  • Furthermore, Bank’s liability for errors or omissions with respect to the data transmitted or printed by Bank in connection with this Lockbox Agreement will be limited to correcting such errors or omissions.

  • Lockbox information is available on the Bank’s Service Provider’s Lockbox Portal.

  • To reinstate Lockbox, Customer must designate a new Lockbox Account.

  • Customer may use Lockbox to facilitate the processing of payments and deposits to any deposit Account Customer maintains with Bank (other than those with deposit restrictions, such as certificate of deposits).


More Definitions of Lockbox

Lockbox means the Lockbox maintained by a Lockbox Bank identified on Exhibit K hereto.
Lockbox has the meaning described in Section 2.1.8 (The Collateral Account).
Lockbox means the post office box maintained by a Lockbox Bank identified on Exhibit K hereto and any other Lockbox hereafter established to accept collections on the Contracts.
Lockbox means “Lockbox” as defined in the Wholesale Lockbox and Collection Account Agreement.
Lockbox means “Lockbox” as defined in the Master Agreement for Treasury Management Services and related Lockbox and Collection Account Service Description.
Lockbox means each post office box specified in a Lockbox Agreement.
Lockbox. Lockbox" has the meaning set forth in Section 2.3.