Common use of Deposit of Financing Proceeds Clause in Contracts

Deposit of Financing Proceeds. 1. The Recipient shall open, prior to furnishing to the Association the first request for withdrawal from the Financing Account, and thereafter maintain the following two deposit accounts (“Deposit Accounts”) on terms and conditions satisfactory to the Bank:

Appears in 4 contracts

Samples: Financing Agreement, Financing Agreement, Financing Agreement

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