Bank Accounts and Lockboxes. No Covered Person has any lockbox other than the Lockboxes allowed or required hereunder. No Covered Person has any bank accounts other than the bank accounts allowed or required hereunder. All bank accounts maintained by any Covered Person with any bank or other financial institution are described in Disclosure Schedule Section 12.38.
Bank Accounts and Lockboxes. Pursuant to the Xxxx of Sale and Assumption Agreement, Sellers shall transfer to Purchaser or LLANY, as applicable, the bank accounts and lock-boxes of Sellers to the extent used solely in the operation of the Business. Sellers shall execute such additional agreements and instruments as may be reasonably required by a particular bank to effectuate the transfer to Purchaser of such bank accounts and lock-boxes.
Bank Accounts and Lockboxes. 35 7.3 List of Bank Accounts and Bank Account Statements..................................................35 7.4 Proceeds of Collateral; Notices to Account Debtors; Lockbox........................................36
Bank Accounts and Lockboxes. Borrowers shall establish, on or before the ninetieth (90th) day after the Closing Date, and thereafter shall maintain, accounts with the Agent identified as the "Master Account", "Operating Account" and "Zero Balance Accounts" (collectively, the "Agent Bank Accounts"). The Borrowers shall, within ninety (90) days after the Closing Date, establish and thereafter maintain a lockbox with the Agent (herein called the "Lockbox"). Upon the occurrence of any Event of Default and at the option and direction of the Required Lenders, the Agent Bank Accounts, the Depositary Accounts and the Lockbox shall be under the sole dominion and control of the Agent, and no Loan Party shall have any right of withdrawal therefrom.
Bank Accounts and Lockboxes. (a) During the term of this Agreement, the Administrator shall ensure that all amounts collected from ceding companies and retrocessionaires with respect to the Administered Business are deposited in bank accounts and lockboxes owned by the Companies and not in any accounts or lockboxes owned by the Administrator.
Bank Accounts and Lockboxes. All bank accounts maintained by any Covered Person with any bank or other financial institution are described in Section 12.36 of the Disclosure Schedule.
Bank Accounts and Lockboxes. 23 4.12 Allocation of Purchase Price and Assumed Liabilities...................................... 24 4.13
Bank Accounts and Lockboxes. Pursuant to the General Assignment and --------------------------- Assumption Agreements, each Seller shall transfer to Purchasers the bank accounts and lockboxes of such Seller used solely in the operation of the Business. Each Seller shall execute such additional agreements and instruments as may be required by a particular bank to effectuate the transfer to Purchasers of such bank accounts and lockboxes.
Bank Accounts and Lockboxes. 9 ARTICLE IV CAPACITY..........................................................10 4.01 Capacity....................................................10
Bank Accounts and Lockboxes. Pursuant to the General Assignment and Assumption Agreements, Seller and CLIC shall transfer to Purchaser or LLANY, as appropriate, the bank accounts and lock-boxes of Seller and CLIC used solely in the operation of the Business. Seller and CLIC shall execute such additional agreements and instruments as may be required by a particular bank to effectuate the transfer to Purchaser or LLANY, as appropriate, of such bank accounts and lock-boxes.
