Common use of Account Customers Clause in Contracts

Account Customers. (a) The Company shall, and shall cause each of the Restricted Subsidiaries to, promptly notify in writing all future wholesale account customers and debtors that any amounts with respect to wholesale accounts receivable shall be paid directly into the Concentration Account specifying in such notice the name of the Concentration Bank and the branch and account number of such account.

Appears in 4 contracts

Samples: Credit Agreement (Premcor Inc), Credit Agreement (Premcor Refining Group Inc), Credit Agreement (Clark Refining & Marketing Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!