Cash Receipts. (a) The Collateral Agent shall maintain account number 5045183372 at Bank of America (the “Concentration Account”). Subject to the rights of the Loan Parties set forth below during any period during which no Cash Dominion Event has occurred and is continuing, the Concentration Account is and shall remain, under the sole dominion and control of the Collateral Agent. The Loan Parties may maintain one or more disbursement accounts (the “Disbursement Accounts”) to be used by the Loan Parties for disbursements and payments (including payroll) in the ordinary course of business or as otherwise permitted hereunder.
Appears in 5 contracts
Samples: Credit Agreement (Brown Shoe Co Inc), Credit Agreement (Caleres Inc), Credit Agreement (Brown Shoe Co Inc)
