Cash Management System; Blocked Account Agreements. Evidence satisfactory to Agent that, as of the Closing Date, Cash Management Systems complying with Annex C to the Agreement have been established and are currently being maintained in the manner set forth in such Annex C, together with copies of duly executed tri-party blocked account and lock box agreements, reasonably satisfactory to Agent, with the banks as required by Annex C.
Cash Management System; Blocked Account Agreements. Evidence satisfactory to Administrative Agent that Cash Management Systems complying with Annex B to the Agreement have been established and are being maintained in the manner set forth in such Annex B, together with copies of duly executed tri-party blocked account and Control Agreements, all as required by Annex B.
Cash Management System; Blocked Account Agreements. Except as received by Agent pursuant to the Prior Credit Agreement, evidence satisfactory to Agent that, as of the Closing Date, Cash Management Systems complying with ANNEX C to the Agreement have been established and are currently being maintained in the manner set forth in such ANNEX C, together with copies of duly executed amendments as may be necessary for each blocked account and lock box agreement required by ANNEX C.
Cash Management System; Blocked Account Agreements. Evidence -------------------------------------------------- satisfactory to Agent that, as of the Effective Date, the Cash Management Systems required by Annex C and Cash Management Systems complying with the ------- Receivables Documents have been established and are currently being maintained in the manner required hereby and by the Receivables Documents.
Cash Management System; Blocked Account Agreements. Control Letters/Agreement. Evidence satisfactory to Administrative Agent that, as of the Closing Date, or within such other time period as provided in this Agreement, (i) Cash Management Systems complying with Annex C to the Agreement have been established and are currently being maintained in the manner set forth in such Annex C, (ii) copies of duly executed tri-party blocked account and lock box agreements, reasonably satisfactory to Administrative Agent, with the banks as required by Annex C, (iii) control letters and/or agreements executed by each depository institution which holds or maintains any deposit account of the Borrower with respect to each such accounts, other than Payroll Accounts, Tax Accounts and Trust Fund Accounts.
Cash Management System; Blocked Account Agreements. The New Term Lenders shall have received from the Borrower evidence satisfactory to the New Term Lenders that, as of the Effective Date, Cash Management System complying with Schedule 2.15 to the Credit Agreement have been established and are currently being maintained in the manner set forth in such Schedule 2.15, together with copies of the duly executed Blocked Account Agreements and lock box agreements, reasonably satisfactory to the Required Lenders, with the banks as required by the Security Agreement and such Schedule 2.15.
Cash Management System; Blocked Account Agreements. Evidence satisfactory to Agent that, as of the Closing Date, cash management systems have been established and are currently being maintained.
Cash Management System; Blocked Account Agreements. Evidence satisfactory to Agent that, as of the Closing Date, Cash Management Systems complying with Annex C to the Agreement have been established and are currently being maintained in the manner set forth in such Annex C, except for delivery of tri-party deposit account control agreements and lock box agreements required under the Post-Closing Letter, or on or prior to the Closing Date, the Interim Order shall have been entered by the Bankruptcy Court providing Agent, on behalf of the Lenders, with a first priority priming security interest in Borrowers’ cash receipts and bank accounts (subject only to (i) any senior claims and permitted Liens described in the Interim Order and (ii) claims for the Carve-Out Expenses up to the Carve-Out Amount,).
Cash Management System; Blocked Account Agreements. Evidence satisfactory to Lender that as of the date hereof, Cash Management Systems with respect to Consep, Xxxx, Pacoast and Valley complying with Annex C to the Credit Agreement have been established and are currently being maintained in the manner set forth in such Annex C, together with copies of duly executed tri-party blocked account and lock box agreements, satisfactory to Lender, with the banks as required by Annex C.
Cash Management System; Blocked Account Agreements. Evidence satisfactory to Agent that, as of the Closing Date, cash management systems complying with Section 6.2.4 and Section 9.10 of the Agreement have been established and are currently being maintained in the manner set forth in Section 6.2.4 and Section 9.10, together with copies of duly executed tri-party blocked account and lock box agreements, satisfactory to Agent, with the Bank as required by Section 6.2.
