Access to Collection Account Clause Samples

Access to Collection Account. Company agrees that it will not be able to make debits or withdrawals from the Collection Account, that it will not have access to the Collection Account or any Account Funds, and that Lender will have exclusive access to the Collection Account and Account Funds, except as specifically provided in this Agreement or as specifically agreed by Lender in writing.

Access to Collection Account. The Borrower irrevocably grants to each of the Facility Agent and the Security Agent access to review the books and records relating to the Collection Account and irrevocably waives any right of confidentiality which may exist in respect of such books and records to the extent necessary to allow disclosure of such books and records to each of the Facility Agent and the Security Agent. The Borrower authorises the Account Bank to give each of the Facility Agent and the Security Agent unrestricted access to review such books and records held by the Account Bank and to provide to each of the Facility Agent and the Security Agent, without any reference to or any further authority from the Borrower and without any enquiry from it as to the justification for such disclosure, such information relating to the Collection Account as each of the Facility Agent and the Security Agent may reasonably request such Account Bank to disclose to it.