MONETARY COLLATERAL. Borrower shall, at Borrower's expense and in the manner requested by Lender from time to time, direct that Monetary Collateral be (or, if received by Borrower, shall cause same to be) (a) sent to a post office box designated by and/or in the name of Lender, or in the name of Borrower, but as to which access is limited solely to Lender and/or (b) paid delivered to Lender. In connection therewith, Borrower shall execute such post office box and/or blocked bank account agreements as Lender shall specify.
Appears in 2 contracts
Sources: Loan Agreement (Photoloft Com), Loan Agreement (Nhancement Technologies Inc)