Common use of Deposit Accounts; Credit Card Processors Clause in Contracts

Deposit Accounts; Credit Card Processors. (a) Open new DDAs or Blocked Accounts unless the Loan Parties shall have delivered to the Collateral Agent appropriate DDA Notifications or Blocked Account Agreements consistent with the provisions of Section 6.13 and otherwise reasonably satisfactory to the Collateral Agent.

Appears in 2 contracts

Samples: Credit Agreement (Hamilton Beach Brands Holding Co), Credit Agreement (Nacco Industries Inc)

AutoNDA by SimpleDocs

Deposit Accounts; Credit Card Processors. (ai) Open new DDAs or Blocked Accounts unless the Loan Parties shall have delivered to the Collateral Administrative Agent appropriate DDA Notifications or Blocked Account Agreements consistent with the provisions of Section 6.13 6(m) and otherwise reasonably satisfactory to the Collateral Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (Sportsman's Warehouse Holdings, Inc.)

AutoNDA by SimpleDocs

Deposit Accounts; Credit Card Processors. (a) Open new DDAs or Blocked Accounts unless the Loan Parties shall have delivered to the Collateral Agent appropriate DDA Notifications or Blocked Account Agreements consistent with the provisions of Section 6.13 and otherwise reasonably satisfactory to the Administrative Collateral Agent.

Appears in 1 contract

Samples: Credit Agreement (Metropark Usa Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.