Lock Box Agreement. Lock box agreement duly executed by Industries and Machine in form and substance satisfactory to the Lender, defining how payments of accounts receivable are to be paid and accounted for;
Lock Box Agreement. The Lender shall have received satisfactory evidence that the Lock Box Agreement is in full force and effect.
Lock Box Agreement. Buyers, Sellers and all of Sellers' lenders who require or maintain a lock box for the benefit of Sellers shall have entered into an agreement, satisfactory to Buyers, providing for the prompt payment by such lenders to Buyers of all Accounts Receivable collected by the lock boxes.
Lock Box Agreement. Lender may request at any and all times that contracts and accounts receivable of Borrower be paid through a Lock Box Agreement, as determined by Lender, for the receipt of payments on the accounts receivable of Borrower, in accordance with a form and execution as determined by Lender.
Lock Box Agreement. 15 5.9 DEPOSIT ACCOUNT CONTROL AGREEMENTS............................................................. 15 5.10
Lock Box Agreement. Within thirty (30) days after a request from Borrower for an Advance and at all times thereafter, Borrower shall direct each account debtor (and each depository institution where proceeds of accounts receivable are on deposit) to make payments with respect to all receivables to one or more lockbox accounts established with the Bank (“Lockbox”) or to wire transfer payments to a cash collateral account that Bank controls, as and when directed by the Bank from time to time, at its option and at the sole and exclusive discretion of the Bank
Lock Box Agreement. No later than 45 days from the date hereof the Seller shall deliver to the Purchaser a fully executed Lock-Box Agreement with respect to each Lock-Box Account.
Lock Box Agreement. Upon the occurrence of an Event of Default, upon request of the Bank, execute the Bank's form of Lock Box Agreement and notify each account debtor and customer of the Borrower and Guarantor to make payments directly to the p.o. box identified in the Lock Box Agreement. Nothing in this Section 8.11 shall be deemed to modify any rights or remedies of the Bank under this Agreement, or any other Loan Document or at law or otherwise possessed by the Bank in respect of any Event of Default.
Lock Box Agreement. A Lock-Box Agreement between the Borrower and its Subsidiaries and the Administrative Agent, duly executed by the Borrower and its Subsidiaries.
Lock Box Agreement. Pursuant to a lock box agreement (the "Lock Box Agreement") among the Borrower, the Agent and Chase Bank of Texas, N.A. or a replacement lock box agent acceptable to the Agent ("the "Lock Box Agent"), the Lock Box Agent shall collect payments on loans constituting Collateral in the ordinary course of business. The Lock Box Agent shall pay to Borrower's Account all payments collected with respect to the Consumer Loan Collateral in accordance with a schedule established by the Agent. All amounts paid by the Lock Box Agent to Borrower's Account shall be applied by the Agent as provided in Section 2.2. It is the intention of the Borrower and the Agent to create an absolute assignment of all such payments. Upon a default or Event of Default, the Agent shall be entitled (but not obligated) to assume the administration of the lock box and collect payments on loans constituting Collateral at any time. For good cause, the Agent shall be entitled to establish a substitute lock box arrangement with a substitute lock box agent acceptable to the Agent at any time.
