Common use of Pledged Accounts Clause in Contracts

Pledged Accounts. The Borrower shall not move any Pledged Account from the institution at which they are maintained on the Closing Date, except as permitted in accordance with Section 2.8.

Appears in 3 contracts

Sources: Variable Funding Loan Agreement (Walter Industries Inc /New/), Variable Funding Loan Agreement (Walter Industries Inc /New/), Variable Funding Loan Agreement (Walter Industries Inc /New/)

Pledged Accounts. The Borrower shall not move any Pledged Account from the institution at which they are it is maintained on the Closing Date, except as permitted in accordance with Section 2.8.

Appears in 2 contracts

Sources: Variable Funding Loan Agreement (Walter Industries Inc /New/), Variable Funding Loan Agreement (Walter Industries Inc /New/)