Cash Management Procedures. Each Credit Party shall have established cash management and treasury management procedures with Agent satisfactory to Agent, in its sole and absolute discretion, including, without limitation, the establishment of (a) a demand Deposit Account with Agent as well as its other primary Deposit Accounts with Agent, (b) a subscription to Agent's web based financial reporting system.
Cash Management Procedures. For any period during which cash management procedures are implemented by or on behalf of any Mortgagee, Manager shall abide by such procedures as directed in writing by the Mortgagee, including those current cash management and lockbox procedures in place as of the Effective Date. Furthermore, Manager agrees to direct all distributions into the lockbox account in accordance with the Loan Agreement.
Cash Management Procedures. Tenant hereby agrees to cooperate with Landlord and to execute any and all instruments reasonably requested by Landlord (including, if necessary, the execution of an amendment to this Lease), in the establishment and maintenance of escrow and/or reserve accounts and cash management procedures reasonably requested by any Landlord's Lender in connection with Landlord's Loan Documents (the "Cash Management Procedures"); provided, however, that the Cash Management Procedures shall be no more onerous than the "Cash Management Procedures" relating to that certain Master Lease Agreement, dated as of April 22, 1998, between Americold Real Estate, L.P., as landlord, and Americold Corporation, as tenant.
Cash Management Procedures. As promptly as practicable, the Holdings Group will establish and maintain (i) the cash management procedures set forth in the Security Agreement and (ii) the lockbox arrangements set forth in the Security Agreement (in no event later than 30 days after the Restatement Closing Date).
Cash Management Procedures. For any period during which cash management procedures are implemented by or on behalf of any Facility Mortgagee, Tenant shall pay Rent and any other amounts payable hereunder (including the Excess Cash) to such Facility Mortgagee’s lockbox account as designated by such Facility Mortgagee in writing.
Cash Management Procedures. Each Borrower agrees to cause CIT to be its principal depositary and treasury services financial institution, including for the maintenance of operating, administrative, treasury services, cash management, collection activity and other deposit accounts for the conduct of its business.
Cash Management Procedures. In the event the ELC overpays a subrecipient or contractor or the subrecipient or contractor incurs a disallowed cost and the ELC cannot recover it, the subrecipient or contractor account becomes delinquent. After exercising due diligence, OEL Program Guidance
Cash Management Procedures. The provisions of Exhibit B are incorporated herein by reference. ---------
Cash Management Procedures. (a) A checking account in the name of the Company will be established with a bank located near the principal place of business in Salt Lake City, Utah. All sales proceeds, capital contributions, earnings, or other cash receipts will be deposited into that account.
(b) The checking account will pay directly all costs and expenses relating to the operation of the Company business.
(c) All disbursements from the account shall be made in accordance with pre-determined Budgets approved by the Members in accordance with Sections 4.2(c)(3),(c)(4) and 4.4(C).
Cash Management Procedures. (a) So long as (i) the Notes have not been Paid in Full, or (ii) Lender or a Lender Affiliate shall hold title to any Property as the result of a foreclosure or Deed in Lieu of Foreclosure, Lender (and Servicer on its behalf), Borrower and Manager shall comply at all times with the Cash Management Procedures, whether or not such provisions are consistent with provisions of the Management Agreement, and whether or not specific reference to such provisions is made in this Agreement. At such time as (x) the Notes have been Paid in Full, and (y) Lender or a Lender Affiliate no longer holds title to any Property as the result of a foreclosure or Deed in Lieu of Foreclosure, all funds then held by Lender or Servicer with respect to the Properties shall be turned over to Manager to be held, applied or disbursed in accordance with the terms of the
