Lockbox System. (i) Company has established pursuant to the Lockbox Account Control Agreement and the other Control Agreements for the benefit of the Collateral Agent, on behalf of the Secured Parties, a system of lockboxes and related accounts or deposit accounts as described in Sections 2.11(a) and (b) (the “Lockbox System”) into which (subject to the proviso in Section 2.11(a)) all Collections shall be deposited.
Appears in 19 contracts
Samples: Credit Agreement (On Deck Capital, Inc.), Credit Agreement (On Deck Capital Inc), Credit Agreement (On Deck Capital, Inc.)
Lockbox System. (i) Company has established pursuant to the Lockbox Account Control Agreement and the other Control Agreements for the benefit of the Collateral Administrative Agent, on behalf of the Secured Parties, a system of lockboxes and related accounts or deposit accounts as described in Sections 2.11(a) and (b) (the “Lockbox System”) into which (subject to the proviso in Section 2.11(a)) all Collections shall be deposited.
Appears in 4 contracts
Samples: Credit Agreement (FlexShopper, Inc.), Credit Agreement (FlexShopper, Inc.), Credit Agreement (FlexShopper, Inc.)
Lockbox System. (i) Company has established pursuant to the Lockbox Account Control Agreement and the other Control Agreements for the benefit of the Collateral Agent, on behalf of the Secured Parties, a system of lockboxes and related accounts or deposit accounts as described in Sections 2.11(a) and (b) (the “"Lockbox System”") into which (subject to the proviso in Section 2.11(a)) all Collections shall be deposited.
Appears in 2 contracts
Samples: Credit Agreement (On Deck Capital Inc), Note Issuance and Purchase Agreement (On Deck Capital, Inc.)
Lockbox System. (i) Company has established pursuant to the Lockbox Account Control Agreement and the other Securities Account Control Agreements Agreement for the benefit of the Collateral Agent, on behalf of the Secured Parties, a system of lockboxes and related accounts or deposit accounts as described in Sections 2.11(a) and (b) (the “Lockbox System”) into which (subject to the proviso in Section 2.11(a)) all Collections shall be deposited.
Appears in 1 contract
Lockbox System. (i) Company has established pursuant to the Lockbox Account Control Agreement and the other Control Agreements for the benefit of the Collateral Agent, on behalf of the Secured Parties, a system of lockboxes and related accounts or deposit accounts as described in Sections 2.11(a2.10(a) and (b) (the “Lockbox System”) into which (subject to the proviso in Section 2.11(a2.10(a)) all Collections shall be deposited.
Appears in 1 contract
Lockbox System. (i) Company has established pursuant to the Lockbox Account Control Agreement and the other Securities Account Control Agreements Agreement for the benefit of the Collateral Agent, on behalf of the Secured Parties, a system of lockboxes and related accounts or deposit accounts as described in Sections 2.11(a2.10(a) and (b) (the “Lockbox System”) into which (subject to the proviso in Section 2.11(a2.10 (a)) all Collections shall be deposited.
Appears in 1 contract
Lockbox System. (i) The Company has established pursuant to the Lockbox Account Control Agreement and the other Control Agreements for the benefit of the Collateral Agent, on behalf of the Secured Parties, a system of lockboxes and related accounts or deposit accounts as described in Sections 2.11(a) and (b) Section 2.14 (the “Lockbox System”) into which (subject to the proviso in Section 2.11(a)) all Collections (including Principal Collections and Finance Charge Collections) shall be deposited.
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