Common use of Restricted Cash Account Clause in Contracts

Restricted Cash Account. (a) On or prior to the Closing Date, the Borrower shall establish and maintain the Restricted Cash Account. The Restricted Cash Account shall be established in the name of the Borrower, for the benefit of the Administrative Agent (on behalf of the Secured Parties), with a bank or trust company acceptable to the Administrative Agent and the Required Lenders. The Restricted Cash Account shall at all times be under the “control” (as defined in the UCC) of the Administrative Agent for the benefit of the Secured Parties.

Restricted Cash Account. (a) On or prior to the Closing Date, the The Borrower has established and shall establish and maintain the Restricted Cash Account. The Restricted Cash Account shall be has been established in the name of the Borrower, for the benefit of the Administrative Agent (on behalf of the Secured Parties), with a bank or trust company acceptable to the Administrative Agent and the Required LendersXxxxx Fargo Bank, National Association. The Restricted Cash Account shall at all times be under the “control” (as defined in the UCC) of the Administrative Agent for the benefit of the Secured Parties.

Restricted Cash Account. (a) On or prior to the Original Closing Date, the Borrower shall establish and maintain established the Restricted Cash Account. The Restricted Cash Account shall be established with, and in the name of the Borrower, Agent for the benefit of the Administrative Agent (on behalf of the Secured Parties), with a bank or trust company acceptable to the Administrative Agent and the Required Lenders. The Restricted Cash Account has been and shall at all times be under the “control” (as defined in the UCC) of the Administrative Agent for the benefit of the Secured PartiesLenders. The Borrower has not established and shall not establish any additional restricted cash account or change the location of the Restricted Cash Account without the prior written consent of the Agent in each instance.