Cash Collateral Accounts. (a) The Lien Grantors will establish the following Deposit Accounts (each such Deposit Account, a “Cash Collateral Account”), which will be operated as provided in this Section and Section 10:
Appears in 7 contracts
Samples: Abl Security Agreement, Term Loan Security Agreement (Tower International, Inc.), Revolving Credit Security Agreement (Tower International, Inc.)
Cash Collateral Accounts. (a) The Lien Grantors will establish the following Deposit Accounts (each such Deposit Account, a “Cash Collateral Account”), which will be operated as provided in this Section and Section Section 10:
Appears in 2 contracts
Samples: Revolving Credit Security Agreement, Revolving Credit Security Agreement (Tower International, Inc.)
Cash Collateral Accounts. (a) The Lien Grantors will establish the following Deposit Accounts (each such Deposit Account, a “Cash Collateral Account”), which will be operated as provided in this Section and Section 10:: (i) at or prior to the time such account shall be required in accordance with Section 9(b)(i), the Collection Account, which shall be under the exclusive control of the Collateral Agent (or, if so instructed by the Authorized Term Collateral Agent, the Authorized Term Collateral Agent); and
Appears in 1 contract
Cash Collateral Accounts. (a) The Lien Grantors will establish the following Deposit Accounts (each such Deposit Account, a “Cash Collateral Account”), which will be operated as provided in this Section and Section 10:: (i) at or prior to the time such account shall be required in accordance with Section 9(b)(i), the Collection Account which shall be under the exclusive control of the Agent (or, if so instructed by the Authorized Term Collateral Agent, the Authorized Term Collateral Agent);
Appears in 1 contract
Samples: First Lien Term Loan Security Agreement (Tower Automotive, LLC)
