Common use of Cash Management Agreements Clause in Contracts

Cash Management Agreements. Evidence satisfactory to the Agent of the existence, as of the Effective Date, of a cash management system that complies with Section 8.1(a) hereof and that is otherwise satisfactory to the Agent, in it's sole discretion, including, without limitation, Lockbox Agreements with respect to the Blocked Accounts, duly executed by the Borrowers and the applicable Clearing Bank;