Common use of Bank Product Obligations Clause in Contracts

Bank Product Obligations. From and after the delivery to the Administrative Agent and the Collateral Agent of this letter agreement duly executed by the Specified Bank Products Provider and the acknowledgement of this letter agreement by the Administrative Agent, the Collateral Agent and the Borrower, the obligations and liabilities of the Loan Parties to the Specified Bank Products Provider in respect of Bank Products evidenced by the Specified Bank Product Agreement[s] shall constitute Bank Product Obligations (and which, in turn, shall constitute Secured Obligations), and the Specified Bank Products Provider shall constitute a Bank Product Provider. The Specified Bank Products Provider acknowledges that other Bank Products (which may or may not be Bank Products provided pursuant to the Specified Bank Product Agreement[s]) may exist at any time.

Bank Product Obligations. From and after the delivery to the Administrative Agent and the Collateral Agent of this letter agreement duly executed by the Specified Bank Products Product Provider and the acknowledgement of this letter agreement by the Administrative Agent, the Collateral Agent and the Lead Borrower, the obligations and liabilities of the Loan Parties Lead Borrower and its Subsidiaries to the Specified Bank Products Product Provider in respect of [Bank Products Products][Cash Management Services] evidenced by the Specified Bank Product Agreement[s] shall constitute [Bank Product Obligations Obligations][obligations in respect of Cash Management Services] (and which, in turn, shall constitute Secured Obligations), and the Specified Bank Products Product Provider shall constitute a Bank Product Provider. The Specified Bank Products Product Provider acknowledges that other Bank Products or Cash Management Services (which may or may not be Bank Products provided pursuant to the Specified Bank Product Agreement[s]Products) may exist at any time.

Bank Product Obligations. From and after the delivery to the Administrative Agent and the Collateral Agent of this letter agreement duly executed by the Specified Bank Products Product Provider and the acknowledgement of this letter agreement by the Administrative Agent, the Collateral Agent and the Borrower, the obligations and liabilities of the Loan Parties Borrower and its Subsidiaries to the Specified Bank Products Product Provider in respect of Bank Products evidenced by the Specified Bank Product Agreement[s] shall constitute Bank Product Obligations (and which, in turn, shall constitute Secured Obligations), and the Specified Bank Products Product Provider shall constitute a Bank Product Provider. The Specified Bank Products Provider acknowledges that other Bank Products (which may or may not be Bank Products provided pursuant to the Specified Bank Product Agreement[s]Products) may exist at any time.