Lock-Box Agreements. Upon receipt of a request from the Agent (in its sole discretion) (a “Lock-Box Notice Request”) the U.S. Seller and the Servicers (if requested) shall promptly enter into one or more Lock-Box Agreements, as specified in such Lock-Box Notice Request, covering the Excluded Accounts with the applicable Lock-Box Bank. The U.S. Seller and the Servicers (if requested) shall enter into such Lock-Box Agreement in accordance with the applicable Lock-Box Notice Request no later than the date, if any, specified in such Lock-Box Notice Request, and shall delivered fully executed copies thereof to the Agent promptly following execution thereof.
Lock-Box Agreements. Upon receipt of a request from the Agent (in its sole discretion) (a “Lock-Box Notice Request”) the Seller and the Servicers (if requested) shall promptly enter into one or more Lock-Box Agreements, as specified in such Lock-Box Notice Request, covering the Excluded Accounts with the applicable Lock-Box Bank. The Seller and the Servicers (if requested) shall enter into such Lock-Box Agreement in accordance with the applicable Lock-Box Notice Request no later than the date, if any, specified in such Lock-Box Notice Request, and shall delivered fully executed copies thereof to the Agent promptly following execution thereof.
Lock-Box Agreements. The Lock Box Agreements, duly executed by ------------------- all of the parties thereto, and the Collection Account Agreement, duly executed by all of the parties thereto.
Lock-Box Agreements. All collections of any nature or kind, including payments and deposits received by NBD and proceeds subject to the liens and security interests of NBD, including, without limitation, proceeds realized from the Collateral, will be subject to Lock Box Agreements in form and substance reasonably satisfactory to NBD.
Lock-Box Agreements. The Administrative Agent shall have received executed copies of the Lock-Box Agreements relating to each of the Lock-Box Banks and the Lock-Box Accounts.
Lock-Box Agreements. (a) The Collection Agent hereby agrees and acknowledges that, notwithstanding that each Lock-Box Account and Post Office Box is currently held in the name of the Collection Agent, all Collections and any other proceeds of Receivables in the Lock-Box Accounts or Post Office Boxes are solely the property of the Borrower and subject to a first priority perfected security interest in favor of the Administrative Agent. Accordingly, the Collection Agent agrees that any interest it may have in the Collections and any other proceeds of Receivables in the Lock-Box Accounts or Post Office Boxes as owner of the Lock-Box Accounts or Post Office Boxes, as applicable, is solely as bailee for the Borrower, as owner, and the Administrative Agent, as secured party, and waives any other right or interest it may have in such Collections. In its capacity as accountholder of the Lock-Box Accounts and holder of the Post Office Boxes, the Collection Agent shall enter into Lock-Box Agreements and execute Post Office Box Notices with respect thereto as contemplated by this Agreement. Each of the parties hereto agrees and acknowledges that each Lock-Box Agreement and Post Office Box Notice entered into by the Collection Agent prior to the date hereof shall apply to each Lock-Box Account and Post Office Box subject to any such Lock-Box Agreement and Post Office Box Notice, respectively.
Lock-Box Agreements. Upon the request of the Secured Party and at the Secured Party's option, each Grantor, or such Grantors as the Secured Party may designate, shall direct the applicable Person to make all payments due such Grantor or Grantors from any Medicaid program directly to a lock box designated by the Secured Party and maintained by the Secured Party or another financial institution determined by the Secured Party or another the Secured Party in its sole discretion, pursuant to lock box agreements in form and substance satisfactory to the Secured Party. Such lock box agreements may require the transfer on a daily, weekly or other basis as the Secured Party may determine of all amounts therein to an account of such Grantor maintained with the Secured Party, which account, at the Secured Party's discretion, shall be pledged to the Secured Party to secure the Obligations and the proceeds therein may be applied to payment of the Obligations as the Secured Party may elect in its sole discretion.
Lock-Box Agreements. The Servicing Agent will have ------------------- received original Lock-Box Agreements executed by the Originator, the Servicing Agent and each of the Lock-Box Banks.
Lock-Box Agreements. Borrower represents, warrants and covenants that it shall execute and comply with those certain Clearing Account Agreements (the "CLEARING AGREEMENTS"), each dated on or about the Closing Date and that certain Deposit Account Agreement (the "DEPOSIT AGREEMENT"), dated as of the date hereof among Borrower, Administrative Agent and Lenders and various financial institutions (the Clearing Agreements and the Deposit Agreement and any modifications, amendments, replacements or substitutions thereof are hereinafter collectively referred to as the "LOCK-BOX AGREEMENTS"). Borrower shall pay all costs and expenses required under the Lock-Box Agreements.
Lock-Box Agreements. The Borrower shall deliver to the Agent within thirty (30) days following the Closing Date duly executed Lock Box Agreements with financial institutions acceptable to Agent for the collection or servicing of the Receivables and proceeds of the Collateral.
