Common use of Agent Account Clause in Contracts

Agent Account. (i) The Purchaser Agent has established and shall maintain the Agent Account with Deutsche Bank Trust Company Americas (the “Depositary”). The Agent Account shall be registered in the name of the Purchaser Agent and the Purchaser Agent shall, subject to the terms of this Agreement, have exclusive dominion and control thereof and of all monies, instruments and other property from time to time on deposit therein. (ii) The Purchasers and the Purchaser Agent may deposit into the Agent Account from time to time all monies, instruments and other property received by any of them as proceeds of the Transferred Receivables. (iii) If, for any reason, the Depositary wishes to resign as depositary of the Agent Account or fails to carry out the instructions of the Purchaser Agent, then the Purchaser Agent shall promptly notify the Purchasers. Neither the Purchasers nor the Purchaser Agent shall close the Agent Account unless (A) a new deposit account has been established with a new depositary institution, (B) the Purchasers and the Purchaser Agent have entered into an agreement covering such new account with such new depositary institution satisfactory in all respects to the Purchaser Agent (whereupon such new account shall become the Agent Account and such new depositary institution shall become the Depositary for all purposes of this Agreement and the other Related Documents), and (C) the Purchasers and the Purchaser Agent have taken all such action as the Purchaser Agent shall require to grant and perfect a first priority security interest in such new Agent Account to the Purchaser Agent (on behalf of itself and the other Specified Parties).

Agent Account. (i) The Purchaser Administrative Agent has established and shall maintain the Agent Account with Deutsche Bank Trust Company Americas (the “Depositary”). The Agent Account shall be registered in the name of the Purchaser Administrative Agent and the Purchaser Administrative Agent shall, subject to the terms of this Agreement, have exclusive dominion and control thereof and of all monies, instruments and other property from time to time on deposit therein. (ii) The Purchasers Lenders and the Purchaser Administrative Agent may deposit into the Agent Account from time to time all monies, instruments and other property received by any of them as proceeds of the Transferred Receivables. (iii) If, for any reason, the Depositary wishes to resign as depositary of the Agent Account or fails to carry out the instructions of the Purchaser Administrative Agent, then the Purchaser Administrative Agent shall promptly notify the PurchasersLenders. Neither the Purchasers Lenders nor the Purchaser Administrative Agent shall close the Agent Account unless (A) a new deposit account has been established with a new depositary institution, (B) the Purchasers Lenders and the Purchaser Administrative Agent have entered into an agreement covering such new account with such new depositary institution satisfactory in all respects to the Purchaser Administrative Agent (whereupon such new account shall become the Agent Account and such new depositary institution shall become the Depositary for all purposes of this Agreement and the other Related Documents), and (C) the Purchasers Lenders and the Purchaser Administrative Agent have taken all such action as the Purchaser Administrative Agent shall require to grant and perfect a first priority security interest Lien in such new Agent Account to the Purchaser Administrative Agent (on behalf of itself and the other Specified Parties)Lenders.

Agent Account. (i) The Purchaser Administrative Agent has established and shall maintain the Agent Account with Deutsche Bank Trust Company Americas Xxxxx Fargo Bank, N.A. (the “Depositary”). The Agent Account shall be registered in the name of the Purchaser Administrative Agent and the Purchaser Administrative Agent shall, subject to the terms of this Agreement, have exclusive dominion and control thereof and of all monies, instruments and other property from time to time on deposit therein. (ii) The Purchasers Lenders and the Purchaser Administrative Agent may deposit into the Agent Account from time to time all monies, instruments and other property received by any of them as proceeds of the Transferred Receivables. (iii) If, for any reason, the Depositary wishes to resign as depositary of the Agent Account or fails to carry out the instructions of the Purchaser Administrative Agent, then the Purchaser Administrative Agent shall promptly notify the PurchasersLenders. Neither the Purchasers Lenders nor the Purchaser Administrative Agent shall close the Agent Account unless (A) a new deposit account has been established with a new depositary institution, (B) the Purchasers Lenders and the Purchaser Administrative Agent have entered into an agreement covering such new account with such new depositary institution satisfactory in all respects to the Purchaser Administrative Agent (whereupon such new account shall become the Agent Account and such new depositary institution shall become the Depositary for all purposes of this Agreement and the other Related Documents), and (C) the Purchasers Lenders and the Purchaser Administrative Agent have taken all such action as the Purchaser Administrative Agent shall require to grant and perfect a first priority security interest Lien in such new Agent Account to the Purchaser Administrative Agent (on behalf of itself and the other Specified Secured Parties).

Agent Account. (i) The Purchaser Administrative Agent has established and shall maintain the Agent Account with Deutsche Bank Trust Company Americas (the “Depositary”). The Agent Account shall be registered in the name of the Purchaser Administrative Agent and the Purchaser Administrative Agent shall, subject to the terms of this Agreement, have exclusive dominion and control thereof and of all monies, instruments and other property from time to time on deposit therein. (ii) The Purchasers Lenders and the Purchaser Administrative Agent may shall deposit into the Agent Account from time to time all monies, instruments and other property received by any of them as proceeds of the Transferred Receivables. (iii) If, for any reason, the Depositary wishes to resign as depositary of the Agent Account or fails to carry out the instructions of the Purchaser Administrative Agent, then the Purchaser Administrative Agent shall promptly notify the PurchasersLenders. Neither the Purchasers Lenders nor the Purchaser Administrative Agent shall close the Agent Account unless (A) a new deposit account has been established with a new depositary institution, (B) the Purchasers Lenders and the Purchaser Administrative Agent have entered into an agreement covering such new account with such new depositary institution satisfactory in all respects to the Purchaser Administrative Agent (whereupon such new account shall become the Agent Account and such new depositary institution shall become the Depositary for all purposes of this Agreement and the other Related Documents), and (C) the Purchasers Lenders and the Purchaser Administrative Agent have taken all such action as the Purchaser Administrative Agent shall require to grant and perfect a first priority security interest Lien in such new Agent Account to the Purchaser Administrative Agent (on behalf of itself and the other Specified Parties)Lenders.