Common use of Cash Management Agreements Clause in Contracts

Cash Management Agreements. Collectively, those agreements between the Borrower and any of the Banks relating to the cash management of the Borrower Affiliated Group, including, without limitation, any lockbox agreement entered into from time to time by any member of the Borrower Affiliated Group at the direction of the Administrative Agent and any agency agreements with third-party banks in locations where the Administrative Agent has no operations and at which any member of the Borrower Affiliated Group has a bank account.

Appears in 2 contracts

Sources: Revolving Credit and Term Loan Agreement (Mac-Gray Corp), Revolving Credit and Term Loan Agreement (Mac-Gray Corp)