Possession Accounts Agreement Sample Contracts

DEBTOR-IN-POSSESSION ACCOUNTS AGREEMENT dated as of February 4, 2011 among SOUTHWEST GEORGIA ETHANOL, LLC, as the Borrower, AMARILLO NATIONAL BANK, as the Accounts Bank and the Securities Intermediary, WESTLB AG, NEW YORK BRANCH, as the Collateral...
Possession Accounts Agreement • February 18th, 2011 • First United Ethanol LLC • Industrial organic chemicals • New York

THIS DEBTOR-IN-POSSESSION ACCOUNTS AGREEMENT, dated as of February 4, 2011 (this “Accounts Agreement”), is entered into by and among SOUTHWEST GEORGIA ETHANOL, LLC, a Georgia limited liability company and a debtor-in-possession under Chapter 11 of the Bankruptcy Code (as defined below) (the “Borrower”), AMARILLO NATIONAL BANK, in its capacity as accounts bank (together with its successors and assigns in such capacity, the “Accounts Bank”) and in its capacity as securities intermediary (together with its successors and assigns in such capacity, the “Securities Intermediary”), WESTLB AG, NEW YORK BRANCH, in its capacity as collateral agent for the Senior Secured Parties (as defined below) (together with its successors and assigns in such capacity, the “Collateral Agent”), WESTLB AG, NEW YORK BRANCH, in its capacity as collateral agent for the Pre-Petition Senior Secured Parties (as defined below) (together with its successors and assigns in such capacity, the “Pre-Petition Collateral Age

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.