Change in Accounts Sample Clauses

Change in Accounts. To the extent not otherwise disclosed in a Borrowing Base Certificate previously delivered to the Administrative Agent, the Borrower shall notify the Administrative Agent promptly upon a Duly Authorized Officer obtaining knowledge of (i) any event or circumstance which, to any Loan Party’s knowledge, would result in any existing material Account no longer constituting an Eligible Account and (ii) all material adverse information relating to the financial condition of any material Account Debtor of the Borrower and its Subsidiaries.
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Change in Accounts. (i) Add any bank, lock-box or lock-box account not listed on Schedule II as an Account Bank, Lock-Box or Collection Account unless the Collateral Agent and the Administrative Agent shall have previously approved and received duly executed copies of the proper forms of Control Agreements duly executed by the parties thereto, (ii) terminate any Account Bank, or related Lock-Box, Collection Account or the Payment Account without the prior written consent of the Collateral Agent, the Administrative Agent and, in each case, only if prior to such termination it has instructed all affected Obligors to make payments to another Lock-Box or Collection Account or established a substitute Payment Account, as the case may be, in each case, satisfying the requirements of this Agreement, and all affected Obligors (other than Obligors in respect of Delinquent Receivables or Defaulted Receivables) have made at least one payment to such other Lock-Box or Collection Account, and has provided such certifications or undertakings reasonably satisfactory to the Collateral Agent and the Administrative Agent regarding any Obligor payments that may continue to be made to a Lock-Box or Collection Account that is being terminated, or (iii) affirmatively consent to any amendment, supplement, or other modification of any Lock-Box agreement without the prior written consent of the Collateral Agent and the Administrative Agent.
Change in Accounts. The Servicer will not (i) make any changes to Schedule 3.03(h) hereto or (ii) amend any instruction to any Obligor or any Muehlstein Collection Account Bank with respect to any Muehlstein Post Office Box or Muehlstein Collection Account or (iii) terminate or substitute any Cure Account, in any case (A) except as otherwise required or permitted pursuant to Section 4.02 or the applicable Supplement and (B) unless the Trustee shall have received written notice of such change, amendment, termination or substitution and executed copies of Muehlstein Collection Account Letters to each new Muehlstein Collection Account Bank.
Change in Accounts. If, at any time, there is a change in international accounting standards or the Parent changes, or the Parent’s Board of Directors resolves to change the basis, or one or more of the accounting policies, upon which its audited annual consolidated financial statements are prepared (in circumstances where any such change would have a material effect on such financial statements) or its accounting reference date then:
Change in Accounts. Such Master Servicer will not (i) terminate or substitute any Series Collection Account except as required pursuant to Section 4.02 or (ii) add or terminate any institution as a Lock-Box Bank or terminate or substitute any Lock-Box Account or any related lock- boxes from those listed in Schedule III hereto, except as otherwise permitted pursuant to Section 4.02 or unless the Trustee and each Series Enhancer shall have received notice of such addition, termination or change and executed copies of Lock-Box Notices from each new Lock-Box Bank or relating to each new Lock-Box Account and/or each new lock-box. No Master Servicer shall instruct any Annuity Provider or other Obligor to remit, or consent to any applicable Claimant's, Annuity Provider's or other Obligor's instructions to remit or remittance of, Collections to any Person, address or account other than a Lock-Box Account, the related lock-box, or the Series Collection Account for the Series to which such Collections relate.
Change in Accounts. The Servicer shall not add, terminate or substitute, or consent to the addition, termination or substitution of, any Lock-Box Account, any Collection Account, the General Reserve Account without the consent of Majority Holders. When Midland is the Servicer it shall be able to move the Lock-Box Account to an account at PNC Bank, National Association without the consent of Majority Holders. Except as stated in this Section 15.5(A), for the avoidance of doubt, nothing in this covenant is meant to confer or imply any right or authority of the Servicer to make such addition, termination or substitution.
Change in Accounts. The Servicer will not (i) terminate or substitute any Concentration Account (or make any change in its instructions to Wheeling-Pittsburgh Collection Account Banks regarding payments to be made to the Concentration Account) except as required pursuant to Section 4.02 or any Reserve Account except as required pursuant to the applicable Supplement or (ii) add or terminate any institution as a Wheeling-Pittsburgh Collection Account Bank from those listed in Schedule I hereto, except as otherwise permitted pursuant to Section 4.02 and unless the Trustee shall have received notice of such addition, termination or change and executed copies of Wheeling-Pittsburgh Collection Account Notices to each new Wheeling-Pittsburgh Collection Account Bank.
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Change in Accounts. The Debtor agrees not to acquire or open any Deposit Account or securities account other than as provided on Schedule C unless it shall have given the Secured Party 30 days’ prior written notice of its intention to acquire or open any such account, delivered to the Secured Party an updated Schedule C, and, if requested by the Secured Party, prior to the date on which the Debtor proposes to acquire or open any such account, the Debtor will, at its own cost and expense, cause to be delivered to the Secured Party any account control agreements, financing statements, financing statement amendments, lien search results, or any other instruments or documents as the Secured Party may request from time to time.
Change in Accounts. The Master Servicer will not (i) terminate or substitute the Series Collection Account except as required pursuant to Section 4.02 or (ii) add or terminate any institution as an Applicable Lock-Box Bank or terminate or substitute any Applicable Lock-Box Account or any Applicable Lock-Boxes from those listed in Schedule III hereto, except as otherwise permitted pursuant to Section 4.02 or Section 4.03. The Master Servicer shall not instruct any Annuity Provider or Obligor to remit, or consent to any applicable Claimant’s, Annuity Provider’s or Obligor’s instructions to remit or remittance of, Collections to any Person, address or account other than (i) in the case of payments in respect of Annuity Receivables, an Annuity Lock-Box covered by a Lock-Box Notice, the Master Collection Account or the Series Collection Account and (ii) in the case of payments made in respect of Settlement Receivables, the Settlement Lock-Box covered by a Lock-Box Notice, the Master Collection Account or the Series Collection Account
Change in Accounts. The Servicer will not (i) terminate and substitute any Concentration Account (or make any change in its instructions to Concentration Account Banks regarding payments to be made to the Concentration Account) except as required pursuant to Section 4.02 or any Series Account except as required pursuant to the applicable Supplement or (ii) add or terminate any institution as a Concentration Account Bank from those listed in Schedule I hereto, except as otherwise permitted pursuant to Section 4.02 or unless the Trustee shall have received written notice of such addition, termination or change and executed copies of Concentration Account Notices to each new Concentration Account Bank.
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