Common use of Depository Accounts Clause in Contracts

Depository Accounts. Any payment received by Borrower on account of any Collateral shall be held by Borrower in trust for Lender and Borrower shall promptly deliver same in kind to Lender or deposit all such payments into a cash collateral account at such bank as Lender may designate for application to payment of the Obligations. Borrower shall also execute such further documents as Lender may deem necessary to establish such an account and all funds deposited in such account shall immediately be deemed Lender's property.

Depository Accounts. Any payment received by Borrower on account of any Collateral shall be held by Borrower in trust for Lender Lender, and Borrower shall promptly deliver same in kind to Lender or deposit all such payments into a cash collateral account at such bank as Lender may designate for application to payment of the Obligations. Borrower shall also execute such further documents as Lender may deem necessary to establish such an account and all funds deposited in such account shall immediately be deemed Lender's property.

Depository Accounts. Any payment received by Borrower on account of any Collateral shall be held by Borrower in trust for Lender and Borrower shall promptly deliver same in kind to Lender or deposit all such payments into a cash collateral account the Lock Box Account at such bank as Lender may designate for application to payment of the Obligations. Borrower shall also execute such further documents as Lender may deem necessary to establish such an account and all funds deposited in such account shall immediately be deemed Lender's property.

Depository Accounts. Any payment received by Borrower on account of any Collateral shall be held by Borrower in trust for Lender Lender, and Borrower shall promptly deliver same in kind to Lender or deposit all such payments into a cash collateral account at such bank as Lender may designate for application to payment of the Obligations. Borrower shall also execute such further documents as Lender may reasonably deem necessary or which depository may require to establish such an account and all funds deposited in such account shall immediately be deemed Lender's property.

Depository Accounts. Any payment received by Borrower Borrowers on account of any Collateral shall be held by Borrower Borrowers in trust for Lender and Borrower Borrowers shall promptly deliver same in kind to Lender or deposit all such payments into a cash collateral account at such bank as Lender may designate for application to payment of the Obligations. Borrower Borrowers shall also execute such further documents as Lender may deem necessary to establish such an account and all funds deposited in such account shall immediately be deemed Lender's property.

Depository Accounts. Any payment received by Borrower or any Guarantor on account of any Collateral shall be held by Borrower it in trust for Lender and Borrower shall promptly deliver same be delivered in kind to Lender or deposit all such payments deposited into a cash collateral account at such bank as Lender may designate for application to payment of the Obligations. Each of Borrower and each Guarantor shall also execute such further documents as Lender may deem necessary to establish such an account and Lender's dominion and control over all funds deposited in such account shall immediately be deemed Lender's propertyaccount.

Depository Accounts. Any payment received by Borrower on account ------------------- of any Collateral shall be held by Borrower in trust for Lender (to the extent of the outstanding Obligations) and Borrower shall promptly deliver same in kind to Lender or deposit all such payments into a cash collateral account at such bank as Lender may designate for application to payment of the Obligations. Borrower shall also execute such further documents as Lender may deem necessary to establish such an account and all funds deposited in such account shall (to the extent of the outstanding Obligations) immediately be deemed Lender's property.

Depository Accounts. Any payment received by Borrower Borrowers on account of any Collateral shall be held by Borrower Borrowers in trust for Lender and Borrower Borrowers shall promptly deliver same in kind to Lender or deposit all such payments into a cash collateral account at such bank as Lender may designate for application to payment of the Obligations. Each Borrower shall also execute such further documents as Lender may deem necessary to establish such an account and all funds deposited in such account shall immediately be deemed Lender's property.

Depository Accounts. Any payment received by Borrower on account of any Collateral Receivables or Spare Parts Inventory shall be held by Borrower in trust for Lender and Borrower shall promptly deliver same in kind to Lender or deposit all such payments into a cash collateral account at such bank as Lender may designate for application to payment of the Obligations. Borrower shall also execute such further documents as Lender may deem necessary to establish such an account and all funds deposited in such account shall immediately be deemed Lender's property.

Depository Accounts. Any payment received by Borrower on account ------------------- of any Collateral shall be held by Borrower in trust for Lender and Borrower shall promptly deliver same in kind to Lender or deposit all such payments into a cash collateral account at such bank as Lender may designate for application to payment of the Obligations. Borrower shall also execute such further documents as Lender may deem necessary to establish such an account and all funds deposited in such account shall immediately be deemed Lender's property.