Lockbox Agreement. An agreement among Borrower, Lender and Lockbox Agent providing for the receipt by Lockbox Agent of payments on the Financed Notes Receivable and disbursement of such payments to Lender.
Appears in 3 contracts
Samples: Loan and Security Agreement (Mego Financial Corp), Loan and Security Agreement (Bluegreen Corp), Loan Agreement (Mego Financial Corp)
Lockbox Agreement. An agreement among Borrower, Lender and Lockbox Agent Bank providing ----------------- for the receipt by Lockbox Agent Bank of payments on the Financed Notes Receivable and disbursement of such payments to Lender.
Appears in 1 contract
Samples: Loan and Security Agreement (Signature Resorts Inc)
Lockbox Agreement. An agreement among Borrower, A Lockbox Agreement between Borrower and Lender and pursuant to which Lockbox Agent providing is to provide for the receipt by Lockbox Agent of payments collections on the Financed Pledged Notes Receivable and disbursement of such payments to Lendercollections as directed by Lender and Borrower.
Appears in 1 contract
