Common use of Maintenance of Accounts Clause in Contracts

Maintenance of Accounts. (a) Holdings shall cause the Collateral Rig Operator to at all times maintain the Earnings Account, and the Earnings Account shall at all times be in the name of Collateral Rig Operator and be subject to a springing account control agreement in form and substance reasonably satisfactory to the Collateral Agent.

Maintenance of Accounts. (ai) Holdings shall cause the Collateral Rig Operator to at all times maintain the Earnings Account, and the Earnings Account shall at all times be in the name of Collateral Rig Operator and be subject to a springing account control agreement in form and substance reasonably satisfactory to the Collateral Agent.

Maintenance of Accounts. (a) Holdings shall cause the Collateral Rig Operator to at all times maintain the Earnings Account, and the Earnings Account shall at all times be in the name of Collateral Rig Operator and be subject to a springing account control agreement agreement, Account and Receivables Pledge Agreement or Account Pledge Agreement (as applicable) in form and substance reasonably satisfactory to the Collateral Agent.. ​

Maintenance of Accounts. (a) Holdings shall cause the each Collateral Rig Operator to at all times maintain the applicable Earnings AccountAccount with respect to its applicable Collateral Rig, and the such Earnings Account shall at all times be in the name of such Collateral Rig Operator and be subject to a springing account control agreement agreement, Account and Receivables Pledge Agreement or Account Pledge Agreement (as applicable), in each case, in form and substance reasonably satisfactory to the Collateral Agent.

Maintenance of Accounts. (a) Holdings a)Holdings shall cause the Collateral Rig Operator to at all times maintain the Earnings Account, and the Earnings Account shall at all times be in the name of Collateral Rig Operator and be subject to a springing account control agreement agreement, Account and Receivables Pledge Agreement or Account Pledge Agreement (as applicable) in form and substance reasonably satisfactory to the Collateral Agent.