Common use of Account Name Clause in Contracts

Account Name. The Accounts shall each be in the names set forth herein; provided, however, that if Lender transfers or assigns the Loan, Agent, at Lender's request (with respect to the Accounts other than the Deposit Account), and each Deposit Bank (with respect to its Deposit Account) shall change the name of each Account to the name of the transferee or assignee. If Lender retains a Servicer to service the Loan, Agent, at Lender's request, shall change the name of each Account to the name of Servicer, as agent for Lender.

Appears in 4 contracts

Samples: Cash Management Agreement (Lodgian Inc), Management Agreement (Lodgian Inc), Management Agreement (Lodgian Inc)

AutoNDA by SimpleDocs

Account Name. The Accounts shall each be exclusively in the names set forth hereinname of Lender; provided, however, that if in the event Lender transfers or assigns the Loan, Agent, at Lender's request (with respect to the Accounts other than the Deposit Account), and each Deposit Bank (with respect to its Deposit Account) shall change the name of each Account to the name of the transferee or assignee. If Lender retains a Servicer to service the Loan, Agent, at Lender's request, shall change the name of each Account to the name of the transferee or assignee. In the event Lender retains a Servicer to service the Loan, Agent, at Lender's request, shall comply with the instructions of Servicer, as agent for Lender.

Appears in 1 contract

Samples: Cash Management Agreement (Cedar Shopping Centers Inc)

Account Name. The Accounts shall each be in the names set forth hereinname of Lender; provided, however, that if in the event Lender transfers or assigns the Loan, Agent, at Lender's request (with respect which notice of such request shall also be delivered to the Accounts other than the Deposit AccountBorrower and Beneficiary), and each Deposit Bank (with respect to its Deposit Account) shall change the name of each Account account to the name of the such transferee or assignee. If In the event Lender retains a Servicer servicer to service the Loan, Agent, at Lender's request, shall change the name of each Account account to the name of Servicersuch servicer, as agent for Lender.

Appears in 1 contract

Samples: Deposit Account Agreement (Koger Equity Inc)

Account Name. The Accounts shall each be in the names set forth herein; provided, however, that if Lender transfers or assigns the Loan, Agent, at Lender's request (with respect to the Accounts other than the Deposit Account), and each Deposit Bank (with respect to its Deposit Account) shall change the name of each Account to the name of the transferee or assignee. If Lender retains a Servicer to service the Loan, Agent, at Lender's request, shall change the name of each Account to the name of Servicer, as agent for Lender.. Cash Management Agreement (FX4)

Appears in 1 contract

Samples: Management Agreement (Lodgian Inc)

AutoNDA by SimpleDocs

Account Name. The Accounts shall each be exclusively in the names set forth hereinname of Lender; providedPROVIDED, howeverHOWEVER, that if in the event Lender transfers or assigns all or any portion of the Loan, Agent, at Lender's request (with respect to the Accounts other than the Deposit Account), and each Deposit Bank (with respect to its Deposit Account) shall change the name of each Account to the name of the transferee or assignee. If Lender retains a Servicer to service the Loan, AgentBank, at Lender's request, shall change the name of each Account to the name of the 283 transferee or assignee. In the event Lender retains a Servicer to service the Loan, Deposit Bank, at Lender's request, shall comply with the instructions of Servicer, as agent for Lender.

Appears in 1 contract

Samples: Management Agreement (Horizon Group Properties Inc)

Account Name. The Accounts shall each be in the names set forth herein; provided, however, that if Lender transfers or assigns the Loan, Agent, at Lender's request (with respect to the Accounts other than the Deposit Account), and each Deposit Bank (with respect to its Deposit Account) shall change the name of each Account to the name of the transferee or assignee. If Lender retains a Servicer to service the Loan, Agent, at Lender's request, shall change the name of each Account to the name of Servicer, as agent for Lender.. Cash Management Agreement (FX1)

Appears in 1 contract

Samples: Management Agreement (Lodgian Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.