OFFICE BOX Clause Samples
The OFFICE BOX clause designates a specific address, typically a post office box, as the official location for receiving notices and correspondence related to the agreement. In practice, this means that all formal communications, such as legal notices or contractual updates, must be sent to the stated office box to be considered properly delivered. This clause ensures that both parties have a clear, reliable, and centralized point of contact, reducing the risk of missed or misdirected communications.
OFFICE BOX. On or prior to the next billing period after the related Cutoff Date, the Servicer will notify each Obligor to make payments with respect to its respective Related Receivables after the related Cutoff Date directly to the Post-Office Box, and will provide each Obligor with a monthly statement in order to enable such Obligor to make payments directly to the Post-Office Box.
OFFICE BOX. On or prior to the next billing period after the Cutoff Date, CPS will notify each Obligor to make payments with respect to its respective Receivables after the Cutoff Date directly to the Post-Office Box, and will provide each Obligor with a monthly statement in order to enable such Obligors to make payments directly to the Post-Office Box.
OFFICE BOX. The Bank will rent P.O. Box __________ (the "LOCKBOX") of the post office located at _____________________________ in the name of the Borrower. Customers of the Borrower have been, or will be, instructed to mail their remittances to the Lockbox.
OFFICE BOX. Borrower agrees that Bank, or its designees, may open such post office box, may receive, open, and dispose of all mail addressed to Borrower at such post office box, and may deposit any payments contained in such mail in a Special Collection Account referred to in Section 4.2 ("Special Collection Accounts"). Borrower agrees to give all required instructions to the U.S. Postal Service authorities to enable Bank or its designees to attain access to such post office box of Borrower, agrees that it will not attempt to remove any mail from such post office box, and agrees to execute such additional agreements as Bank may reasonably require in connection with such post office box.
OFFICE BOX. On or prior to the next billing period after the Initial Cutoff Date (in the case of the Initial Receivables) or the applicable Subsequent Cutoff Date (in the case of the Subsequent Receivables), CPS will notify each Obligor to make payments with respect to its respective Receivables after the Initial Cutoff Date (in the case of the Initial Receivables) or the applicable Subsequent Cutoff Date (in the case of the Subsequent Receivables) directly to the Post-Office Box, and will provide each Obligor with a monthly statement in order to enable such Obligors to make payments directly to the Post-Office Box.