Deposits; Accounts promptly upon the opening of any Deposit Account by Borrower or any of its Subsidiaries, a written notice setting forth all of the data required to be set forth in SCHEDULE 6.11 annexed hereto with respect to such Deposit Account;
Deposits; Accounts. (a) Unless the Agent shall otherwise consent in writing, which consent shall not be unreasonably withheld, each Obligor shall keep all its bank and deposit accounts only with the Agent, other Lenders, financial institutions designated on EXHIBIT 10.4.2 or any financial institution approved by the Agent.
Deposits; Accounts. Any and all deposits or other sums at any time credited by or due from Bank to Borrowers, whether in a Depository Account or other account, together with any and all instruments, documents, policies and certificates of insurance, securities, goods, Accounts, choses in action, general intangibles, chattel paper, cash or other Property, and the proceeds of each of the foregoing, to the extent owned by Borrowers or in which Borrowers have an interest and which now or hereafter are at any time in the possession or control of Bank or in transit by mail or carrier to or from Bank or in the possession of any Person acting in Bank's behalf, without regard to whether Bank received the same in pledge, for safekeeping, as agent for collection or transmission or otherwise or whether Bank had conditionally released the same, and any and all balances, sums, proceeds and credits of Borrowers with, and any claims of Borrowers against, Bank.
Deposits; Accounts. (a) Unless the Agent shall otherwise consent in writing, which consent shall not be unreasonably withheld, each Obligor shall keep all its bank and deposit accounts only with the Agent, other Lenders, financial institutions designated on Exhibit 10.4.2 or any financial institution -------------- approved by the Agent.
Deposits; Accounts. 3 2.3.2. Pledged Stock . . . . . . . . . . . . . . . . . . . . 4 2.4. Right to Realize upon Credit Security . . . . . . . . . . . . . 4 2.4.1. General Authority . . . . . . . . . . . . . . . . . . 4 2.4.2. Marshaling, etc. . . . . . . . . . . . . . . . . . . . 5 2.4.3. Sales of Credit Security . . . . . . . . . . . . . . . 6 2.4.4. Sale without Registration . . . . . . . . . . . . . . 6 2.4.5. Application of Proceeds . . . . . . . . . . . . . . . 7 2.5. Custody of Credit Security . . . . . . . . . . . . . . . . . . 8 3.
Deposits; Accounts. To the extent specified by prior written notice from the Managing Agent after the occurrence and during the continuance of an Event of Default, all sums collected or received and all property recovered or possessed by the Pledgor in connection with any Credit Security shall be received and held by the Pledgor in trust for and on the Lenders' behalf, shall be segregated from the assets and funds of the Pledgor, and shall be delivered to the Managing Agent for the benefit of the Lenders.
Deposits; Accounts. Any and all deposits or other sums at any time credited by or due from the Agent or any Lender to Assumptor, whether in a Depository Account or other account, together with any and all instruments, documents, policies and certificates of insurance, securities, goods, Accounts, choses in action, general intangibles, chattel paper, cash or other Property, and the proceeds of each of the foregoing, to the extent owned by Assumptor or in which Assumptor has an interest and which now or hereafter are at any time in the possession or control of the Agent or any Lender or in transit by mail or carrier to or from the Agent or any Lender or in the possession of any Person acting on behalf of the Agent or any Lender, without regard to whether such party received the same in pledge, for safekeeping, as agent for collection or transmission or otherwise or whether such party had conditionally released the same, and any and all balances, sums, proceeds and credits of Assumptor with, and any claims of Assumptor against, such party.
Deposits; Accounts. Unless the Agent shall otherwise consent in writing, which consent shall not be unreasonably withheld, each Obligor shall keep all its bank and deposit accounts only with the Agent, other Lenders or the financial institutions approved by the Required Lenders. To the extent specified by prior written notice from the Agent, whether prior to or after the occurrence of an Event of Default, all sums collected or received and all property recovered or possessed by any Obligor in connection with any Credit Security shall be received and held by such Obligor in trust for and on the Lenders' behalf, shall be segregated from the assets and funds of such Obligor, and shall be delivered to the Agent for the benefit of the Lenders. In addition, the Borrowers shall direct that all Accounts payable by Medicare or Medicaid and all Accounts payable in an amount greater than $50 be paid directly into a locked-box account with NationsBank, N.A. (South) or such other locked-box account as approved by the Required Lenders.
Deposits; Accounts. Each Obligor shall keep all its bank and deposit accounts only with the Managing Agent, other Lenders or the financial institutions listed on Exhibit 2.3. Upon the occurrence of an Event of Default and to the extent specified by prior written notice from the Managing Agent, all sums collected or received and all property recovered or possessed by any Obligor in connection with any Credit Security shall be received and held by such Obligor in trust for and on the Lenders' behalf, shall be segregated from the assets and funds of such Obligor, and shall be delivered to the Managing Agent for the benefit of the Lenders. Without limiting the foregoing, upon the occurrence of an Event of Default and to the extent specified by written notice from the Managing Agent, each Obligor shall institute depositary collateral accounts, lock-box receipts and similar credit procedures, providing for the direct receipt of payment on Accounts at a separate address, the segregation of such proceeds for direct payment to the Managing Agent and appropriate notices to Account debtors. Upon the occurrence of an Event of Default and to the extent specified by written notice from the Managing Agent, each Obligor will cause its accounting books and records to be marked with such legends and segregated in such manner as the Managing Agent may specify.
Deposits; Accounts. Borrower will deposit all Receipts from the Property into, and otherwise comply with, the Accounts established from time to time hereunder.
