Cash Management Bank. (a) Lender shall have the right to replace the Cash Management Bank with a financial institution reasonably satisfactory to Borrower in the event that (i) the Cash Management Bank fails, in any material respect, to comply with the Account Agreement, (ii) the Cash Management Bank named herein is no longer the Cash Management Bank or (iii) the Cash Management Bank is no longer an Approved Bank. Upon the occurrence and during the continuance of an Event of Default, Lender shall have the right at Borrower’s sole cost and expense to replace Cash Management Bank at any time, without notice to Borrower. Borrower shall cooperate with Lender in connection with the appointment of any replacement Cash Management Bank and the execution by the Cash Management Bank and the Borrower of an Account Agreement and delivery of same to Lender.
Cash Management Bank. (a) For the purposes of this Agreement, the Cash Management Bank (Mezzanine) named herein shall be deemed to be an Approved Bank; provided, however, that the term “Approved Bank” shall be applicable for all other purposes and shall be applicable to any successor or assign of Cash Management Bank (Mezzanine). Mezzanine Lender shall have the right at Mezzanine Borrower’s sole cost and expense to replace the Cash Management Bank (Mezzanine) with a financial institution reasonably satisfactory to Mezzanine Borrower in the event that (i) the Cash Management Bank (Mezzanine) fails, in any material respect, to comply with the Account Agreement (Mezzanine), (ii) the Cash Management Bank (Mezzanine) named herein is no longer the Cash Management Bank (Mezzanine) or (iii) the Cash Management Bank (Mezzanine) is no longer an Approved Bank.
Cash Management Bank. (a) Mezzanine Lender shall have the right at Mezzanine Borrower’s sole cost and expense to replace the Cash Management Bank with a financial institution reasonably satisfactory to Mezzanine Borrower in the event that (i) the Cash Management Bank fails, in any material respect, to comply with the Account Agreement, or (ii) the Cash Management Bank is no longer an Approved Bank. Upon the occurrence and during the continuance of an Event of Default, Mezzanine Lender shall have the right at Mezzanine Borrower’s sole cost and expense to replace Cash Management Bank (First Mezzanine) at any time, without notice to Mezzanine Borrower. Mezzanine Borrower shall cooperate with Mezzanine Lender in connection with the appointment of any replacement Cash Management Bank and the execution by the Cash Management Bank (First Mezzanine) and the Mezzanine Borrower of an Mezzanine Account Agreement and delivery of same to Mezzanine Lender (with a copy to Second Mezzanine Lender, Third Mezzanine Lender and Fourth Mezzanine Lender).
Cash Management Bank. (a) Lender shall have the right at Borrower’s sole cost and expense to replace the Cash Management Bank at any time with another Eligible Institution without the consent of, or notice to, Borrower. Borrower shall cooperate with Lender in connection with the appointment of any replacement Cash Management Bank. Borrower shall have no right to replace the Cash Management Bank. Mezzanine Loan Agreement (Second Mezzanine)
Cash Management Bank. The Canadian Loan Parties will (i) provide prompt written notice to the Canadian Administrative Agent of any change in the Canadian Cash Management Bank, and (ii) substantially contemporaneously with any change in the Canadian Cash Management Bank, to the extent not already obtained, will obtain a Control Agreement from the successor Canadian Cash Management Bank.
Cash Management Bank. Any Person that, at the time it enters into a Cash Management Agreement, is a Lender or an Affiliate of a Lender, in its capacity as a party to such Cash Management Agreement.
Cash Management Bank. (Second Mezzanine) has custody of the Account Collateral (Second Mezzanine), (iii) the initial Cash Management Bank (Second Mezzanine) was chosen by Mezzanine Borrower, and (iv) Mezzanine Lender has no obligation or duty to supervise Cash Management Bank (Second Mezzanine) or to see to the safe custody of the Account Collateral (Second Mezzanine).
Cash Management Bank. The Company agrees that if it is requested by the Required Banks, it will execute and deliver such amendments to the existing Collateral Documents and the Subsidiary Guarantee Agreement as will provide for overdrafts and similar liabilities owing to the Cash Management Bank being entitled to the benefits of the Collateral Documents and the Subsidiary Guarantee Agreement equally and ratably with the Company's obligations under the Credit Agreement.
Cash Management Bank. Fleet National Bank and its successors and assigns, in its capacity as the provider of cash management services to the Parent and its Subsidiaries.
Cash Management Bank. The Debtors will maintain their existing deposit accounts with BBVA Compass Bank, subject to (i) control agreements in form and substance satisfactory to the Administrative Agent and (ii) “view-only” electronic access for the Administrative Agent and/or its authorized representative to each of the Accounts. Notwithstanding the foregoing, upon advance reasonable notice, the Required Lenders may require (to the extent consistent with the Bankruptcy Court’s local rules and guidelines) that such accounts be closed and new accounts be opened at the Administrative Agent.