Lock Box Agreement Sample Clauses

Lock Box Agreement. Lock box agreement duly executed by Industries and Machine in form and substance satisfactory to the Lender, defining how payments of accounts receivable are to be paid and accounted for;
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Lock Box Agreement. Lender may request at any and all times that contracts and accounts receivable of Borrower be paid through a Lock Box Agreement, as determined by Lender, for the receipt of payments on the accounts receivable of Borrower, in accordance with a form and execution as determined by Lender.
Lock Box Agreement. Buyers, Sellers and all of Sellers' lenders who require or maintain a lock box for the benefit of Sellers shall have entered into an agreement, satisfactory to Buyers, providing for the prompt payment by such lenders to Buyers of all Accounts Receivable collected by the lock boxes.
Lock Box Agreement. The Lender shall have received satisfactory evidence that the Lock Box Agreement is in full force and effect.
Lock Box Agreement. Within thirty (30) days after a request from Borrower for an Advance and at all times thereafter, Borrower shall direct each account debtor (and each depository institution where proceeds of accounts receivable are on deposit) to make payments with respect to all receivables to one or more lockbox accounts established with the Bank ("Lockbox") or to wire transfer payments to a cash collateral account that Bank controls, as and when directed by the Bank from time to time, at its option and at the sole and exclusive discretion of the Bank
Lock Box Agreement. 17 5.10 DEPOSIT ACCOUNT CONTROL AGREEMENTS........................................ 17 5.11 ISSUANCE OF WARRANT....................................................... 17
Lock Box Agreement. No later than 45 days from the date hereof the Seller shall deliver to the Agent a fully executed Lock-Box Agreement with respect to each Lock-Box Account.
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Lock Box Agreement. Pursuant to the Lock Box Agreement, JPMC shall receive in the post office box identified therein all payments on loans constituting Consumer Loan Collateral and other consumer loans pledged to the Agent (other than consumer loans constituting Shared Collateral (as defined in the Security Agreement)) in the ordinary course of business. JPMC shall deposit to the Depository Account (as defined in the Lock Box Agreement) each Business Day all payments collected with respect to the Consumer Loan Collateral and other consumer loans pledged to the Agent (other than consumer loans constituting Shared Collateral (as defined in the Security Agreement)). Once each week, JPMC shall transfer the total balance of the Depository Account to the Agent for deposit in the Borrower's Account. All amounts deposited in the Borrower's Account shall be applied by the Agent on a weekly basis as provided in Section 2.8 or Section 2.9, as the case may be.
Lock Box Agreement. The Agent shall have received either an acknowledgment regarding or an amendment to the existing Lock Box Agreement in form and substance satisfactory to the Agent in its sole discretion.
Lock Box Agreement. 20 Lock-out Date . . . . . . . . . . . . . . . . . . . . . . . . 20 Lock-out Period . . . . . . . . . . . . . . . . . . . . . . . 20
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