Common use of Lock-Box Banks Clause in Contracts

Lock-Box Banks. Make any changes in its instructions to Obligors regarding Collections on Receivables sold or otherwise conveyed by it hereunder or add or terminate any bank as a Lock-Box Bank unless the requirements of the Receivables Financing Agreement have been met.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Cincinnati Bell Inc), Canadian Purchase and Sale Agreement (Cincinnati Bell Inc)

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Lock-Box Banks. Make any changes in its instructions to Obligors regarding Collections on Receivables sold or otherwise conveyed by it hereunder or add or terminate any bank as a Lock-Box Bank unless Bank, except in accordance with the requirements of terms provided in the Receivables Financing Agreement have been metAgreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement (KBK Capital Corp)

Lock-Box Banks. Make any changes in its instructions to Obligors regarding Collections on Receivables sold or otherwise conveyed by it hereunder or add or terminate any bank as a Lock-Box Bank unless the requirements of the CBTS Receivables Financing Agreement have been met.

Appears in 1 contract

Samples: Canadian Purchase and Sale Agreement (Cincinnati Bell Inc)

Lock-Box Banks. Make any changes in its instructions to Obligors regarding Collections on Receivables sold or otherwise conveyed by it hereunder or add or terminate any bank as a Lock-Box Bank unless the requirements of Sections 1(f) and (k) of Exhibit IV to the Receivables Financing Purchase Agreement have been met.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Arch Western Resources LLC)

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Lock-Box Banks. Make any changes in its instructions to Obligors regarding Collections on Receivables sold sold, contributed or otherwise conveyed by it hereunder or add or terminate any bank as a Lock-Box Bank unless the requirements of each of the Receivables Financing Agreement and Receivables Purchase Agreement have been met.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Cincinnati Bell Inc)

Lock-Box Banks. Make any changes in its instructions to Obligors regarding Collections on Receivables sold sold, contributed or otherwise conveyed by it hereunder or add or terminate any bank as a Lock-Box Bank unless the requirements of each of the CBTS Receivables Financing Agreement and CBTS Receivables Purchase Agreement have been met.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Cincinnati Bell Inc)

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