Common use of Cash Management; Deposit Accounts Clause in Contracts

Cash Management; Deposit Accounts. (a) On the Closing Date (or such later date as agreed by the Collateral Agent), the Debtor shall cause to be delivered (i) to the Collateral Agent, a duly executed and effective Blocked Account Letter for each existing deposit account identified as a concentration account on Schedule 7 maintained by the Debtor and (ii) to each Restricted Account Bank (with a copy to the Collateral Agent), a Restricted Account Letter for each other deposit account (subject only to clause (b) below) duly executed by the Debtor to each such deposit account.

Cash Management; Deposit Accounts. (a) On the Closing Date (or such later date as agreed by the Collateral Agent), the Debtor each Grantor shall cause to be delivered (i) to the Collateral Agent, a duly executed and effective Blocked Account Letter for each existing deposit account Deposit Account identified as a concentration account on Schedule 7 maintained by the Debtor any Grantor and (ii) to each Restricted Account Bank (with a copy to the Collateral Agent), a Restricted Account Letter for each other deposit account Deposit Account (subject only to clause (b) below) duly executed by the Debtor appropriate Grantor to each such deposit accountDeposit Account.

Cash Management; Deposit Accounts. (a) On the Closing Date (or such later date as agreed by the Collateral Agent), the Debtor each Grantor shall cause to be delivered (i) to the Collateral Agent, a duly executed and effective Blocked Account Letter for each existing deposit account Deposit Account identified as a concentration account on Schedule 7 maintained by the Debtor any Grantor and (ii) to each Restricted Account Bank (with a copy to the Collateral Agent), a Restricted Account Letter for each other deposit account Deposit Account (subject only to clause (b) below) duly executed by the Debtor appropriate Grantor to each such deposit accountDeposit Account.