Establishment of Collateral Account. Each of the Securing Parties hereby establishes with the Administrative Agent a cash collateral account (the "Collateral Account") in the name and under the control of the Administrative Agent into which there shall be deposited from time to time such amounts as are required to be paid to the Administrative Agent under Section 2.04(i)
Appears in 2 contracts
Samples: Credit Agreement (Lamar Advertising Co), Credit Agreement (Lamar Advertising Co)
Establishment of Collateral Account. Each of the Securing Parties hereby establishes with the Administrative Agent a cash collateral account (the "Collateral Account") in the name and under the control of the Administrative Agent into which there shall be deposited from time to time such amounts as are required to be paid to the Administrative Agent under Section 2.04(i), which
Appears in 2 contracts
Samples: Credit Agreement (Lamar Media Corp/De), Credit Agreement (Ohio Logos Inc)
Establishment of Collateral Account. Each of the Securing Parties hereby establishes with the Administrative Agent a cash collateral account (the "βCollateral Account") in the name and under the control of the Administrative Agent into which there shall be deposited from time to time such amounts as are required to be paid to the Administrative Agent under Section 2.04(iβ), which
Appears in 1 contract
