No Accounts. Except as contemplated herein, the Issuer will not have an interest in any deposit account or securities account (other than the Indenture Accounts, any other bank account required in connection with any Liquidity Facility Documents and other than any account which may be required to be established as a necessary consequence of or in order to invest in or otherwise acquire a Permitted Investment) unless (i) any such further account and the Issuer’s interest therein shall be further charged or otherwise secured in favor of the Indenture Trustee for the benefit of the Secured Parties and (ii) any such further account is held in the custody of and under the “control” (as such term is defined in the UCC) of the Indenture Trustee.
No Accounts. Except as contemplated herein, the Issuer will not have an interest in any deposit account or securities account (other than the Indenture Accounts and other than any account which may be required to be established as a necessary consequence of or in order to invest in or otherwise acquire a Permitted Investment) unless (i) any such further account and the Issuer’s interest therein shall be further charged or otherwise secured in favor of the Indenture Trustee for the benefit of the Secured Parties and (ii) any such further account is held in the custody of and under the “control” (as such term is defined in the UCC) of the Indenture Trustee.
No Accounts. Except as contemplated herein, the Company will not ----------- have an interest in any bank account (other than the Accounts and other than any account which may be required to be established as a necessary consequence of or in order to invest in or otherwise acquire a Permitted Investment) unless (i) any such further account and the Company's interest therein shall be further charged or otherwise secured in favor of the Collateral Agent on terms consistent with the Accounts and (ii) there shall have been delivered to the Collateral Agent and each Rating Agency an opinion of counsel reasonably satisfactory to them to the effect that the Collateral Agent has a duly perfected security interest in such account, subject to customary exceptions which are no more extensive than those indicated in any opinion of counsel to the Company delivered on the Closing Date.
No Accounts. (i) Issuer shall not permit NGP I to establish or maintain any accounts except as expressly permitted by the Senior Loan Documents, subsection 6.20A or any Additional Security Document and (ii) Issuer shall not establish any accounts except as expressly permitted by the Issuer Account Management Agreement, subsection 6.20B or any Additional Security Document.
No Accounts. Open or maintain any deposit or securities account other than the Borrower Account and the Permitted Accounts in accordance with and subject to the Account Agreement.
No Accounts. Each Co-Borrower shall not open, maintain or fund any accounts other than the Co-Borrower Accounts.
No Accounts. No Borrower shall establish or maintain any deposit account or securities account other than the Controlled Accounts unless and until Lender has received an account control agreement in form and substance satisfactory to Lender perfecting Lender's security interest therein, duly executed and in full force and effect, or Lender has otherwise taken steps to perfect its security interest therein under applicable law, as determined by Lender. The Borrower warrants and represents that no Borrower has established or maintains any deposit accounts other than the Controlled Accounts and those accounts set forth on Schedule 14(bb). As of the date hereof, the amount in Account 2000021158272 held at the Controlled Account Bank (the "Insurance Account") is $116,261. No Borrower shall deposit additional fund into the Insurance Account and in no event shall the balance of the Insurance Account exceed $116,261 plus accrued interest. Upon any release of funds from the Insurance Account to Steamship Mutual Underwriting Association Limited (the "Insurance Agent") or Borrower's receipt of notice that 30 PDS/PALM BEACH LOAN & SECURITY AGREEMENT the funds no longer need to be held on behalf of the Insurance Agent, Borrower shall withdraw all amounts then held in the Insurance Account and deposit such amounts into a Controlled Account.
No Accounts establish or maintain any accounts with any other financial institution, other than in the ordinary course of business, without the prior approval of the Facility Agent;
No Accounts. The Authority shall not have any bank accounts other than as may be required under the Indenture.
