Acceptance of Depositary. The Depositary hereby agrees to act as depositary bank as provided herein and in connection therewith to accept all amounts to be delivered to or held by the Depositary pursuant to the terms of this Agreement. The Depositary further agrees to hold, maintain and safeguard the Deposits and the Accounts (as defined below) during the term of this Agreement in accordance with the provisions of this Agreement. The Escrow Agent shall not have any right to withdraw, assign or otherwise transfer moneys held in the Accounts except as permitted by this Agreement.
Appears in 181 contracts
Samples: Deposit Agreement (American Airlines, Inc.), Deposit Agreement (American Airlines, Inc.), Deposit Agreement (United Airlines, Inc.)
Acceptance of Depositary. The Depositary hereby agrees to act as depositary bank as provided herein and in connection therewith to accept all amounts to be delivered to or held by the Depositary pursuant to the terms of this Agreement. The Depositary further agrees to hold, maintain and safeguard the Deposits Deposit and the Accounts Account (as defined below) during the term of this Agreement in accordance with the provisions of this Agreement. The Escrow Agent shall not have any right to withdraw, assign or otherwise transfer moneys held in the Accounts Account except as permitted by this Agreement.
Appears in 7 contracts
Samples: Deposit Agreement (Midway Airlines Corp), Deposit Agreement (Midway Airlines Corp), Deposit Agreement (Midway Airlines Corp)
Acceptance of Depositary. The Depositary hereby agrees ------------------------ to act as depositary bank as provided herein and in connection therewith to accept all amounts to be delivered to or held by the Depositary pursuant to the terms of this Agreement. The Depositary further agrees to hold, maintain and safeguard the Deposits Deposit and the Accounts Account (as defined below) during the term of this Agreement in accordance with the provisions of this Agreement. The Escrow Agent shall not have any right to withdraw, assign or otherwise transfer moneys held in the Accounts Account except as permitted by this Agreement.
Appears in 3 contracts
Samples: Deposit Agreement (Midway Airlines Corp), Deposit Agreement (Midway Airlines Corp), Deposit Agreement (Midway Airlines Corp)
Acceptance of Depositary. The Depositary hereby agrees to act as depositary bank as provided herein and in connection therewith to accept all amounts to be delivered to or held by the Depositary pursuant to the terms of this Agreement. The Depositary further agrees to hold, maintain and safeguard the Deposits and the Accounts (as defined below) during the term of this Agreement in accordance with the provisions of this Agreement. The Escrow Agent shall not have any right to withdraw, assign or otherwise transfer moneys held in the Accounts except as permitted by this Agreement.
Appears in 3 contracts
Samples: Deposit Agreement (United Air Lines Inc), Deposit Agreement (United Air Lines Inc), Deposit Agreement (United Air Lines Inc)
Acceptance of Depositary. The Depositary hereby agrees to act as depositary bank as provided herein and in connection therewith to accept all amounts to be delivered to or held by the Depositary pursuant to the terms of this Agreement. The Depositary further agrees to hold, maintain and safeguard the Deposits and the Accounts (as defined below) during the term of this Agreement in accordance with the provisions of this Agreement. The Escrow Agent shall not have any right to withdraw, assign or otherwise transfer moneys held in the Accounts except as permitted by this Agreement.. 2 Deposit Agreement (Class AA)
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