Common use of Blocked Account Agreement Clause in Contracts

Blocked Account Agreement. The duly executed Blocked Account Agreement among Lender, Borrower and Libertyville Bank, together with all documents and instruments deemed necessary by Lender with respect thereto, including all account documentation related to the Collection Account.

Appears in 3 contracts

Sources: Business Loan Agreement (NANOPHASE TECHNOLOGIES Corp), Business Loan Agreement (NANOPHASE TECHNOLOGIES Corp), Business Loan Agreement (NANOPHASE TECHNOLOGIES Corp)

Blocked Account Agreement. The duly executed Blocked Account Agreement among Lender, Borrower and Libertyville Bank, together with all documents and instruments deemed necessary by Lender with respect thereto, including all account documentation related to the Collection Accountany account covered thereby.

Appears in 1 contract

Sources: Business Loan Agreement (NANOPHASE TECHNOLOGIES Corp)