Retention Account. The Administrative Agent has established and shall maintain the Retention Account with the Depositary. The Retention Account shall be registered in the name of the Administrative Agent and the Administrative Agent shall, subject to the terms of this Agreement, have exclusive dominion and control thereof and of all monies, instruments and other property from time to time on deposit therein.
Appears in 3 contracts
Samples: Receivables Purchase and Servicing Agreement (Bergen Brunswig Corp), Receivables Purchase and Servicing Agreement (K2 Inc), Receivables Funding Agreement (Labor Ready Inc)
Retention Account. The Administrative Agent has established and shall maintain the Retention Account with the DepositaryDepositary for the benefit of Redwood. The Retention Account shall be registered in the name of the Administrative Agent and the Administrative Agent shall, subject to the terms of this Agreement, have exclusive dominion and control thereof and of all monies, instruments and other property from time to time on deposit therein.
Appears in 2 contracts
Samples: Servicing Agreement (Consolidated Freightways Corp), Receivables Purchase and Servicing Agreement (Advancepcs)
Retention Account. (i) The Administrative Agent has established and shall maintain the Retention Account with the Depositary. The Retention Account shall be registered in the name of the Administrative Agent and the Administrative Agent shall, subject to the terms of this Agreement, have exclusive dominion and control thereof and of all monies, instruments and other property from time to time on deposit therein.
Appears in 2 contracts
Samples: Purchase Agreement (Avondale Inc), Receivables Purchase and Servicing Agreement (Daisy Parts Inc)
Retention Account. The Administrative Agent has established and shall maintain the Retention Account with the Depositary. The Retention Account shall be registered in Seller and the name of Purchasers agree that the Administrative Agent and the Administrative Agent shall, subject to the terms of this Agreement, shall have exclusive dominion and control thereof of the Retention Account and of all monies, instruments and other property from time to time on deposit therein.
Appears in 1 contract
Samples: Purchase Agreement (Synnex Information Technologies Inc)
Retention Account. The Administrative Agent has established and shall maintain the Retention Account with the Depositary. The Retention Account shall be registered in Seller and, the name of Purchasers and the Purchaser Agents agree that the Administrative Agent and the Administrative Agent shall, subject to the terms of this Agreement, shall have exclusive dominion and control thereof of the Retention Account and of all monies, instruments and other property from time to time on deposit therein.
Appears in 1 contract
