Common use of Change in Lock-Box Banks, Lock-Box Accounts and Payment Instructions to Obligors Clause in Contracts

Change in Lock-Box Banks, Lock-Box Accounts and Payment Instructions to Obligors. The Master Servicer and, to the extent that it ceases to be the Master Servicer, Moog, shall not (and shall not permit any Originator to) add or terminate any bank as a Lock-Box Bank or any account as a Lock-Box Account (or any related lock-box) from those listed in Schedule II to this Agreement, or make any change in its instructions to Obligors regarding payments to be made to the Master Servicer or any Lock-Box Account (or the related lock-box) modifying the deposit account or the lock box address to which payments are directed to be made, unless the Administrative Agent shall have consented thereto in writing and the Administrative Agent shall have received copies of all agreements and documents (including Lock-Box Agreements) that it may request in connection therewith.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Moog Inc.), Receivables Purchase Agreement (Moog Inc.)

AutoNDA by SimpleDocs

Change in Lock-Box Banks, Lock-Box Accounts and Payment Instructions to Obligors. The Master Servicer andSeller shall not, to the extent that it ceases to be the Master Servicer, Moog, shall not (and shall not permit the Master Servicer or any Originator to) , add or terminate any bank as a Lock-Box Bank or any account as a Lock-Box Account (or any related lock-box) from those listed in Schedule II to this Agreement, or make any change in its instructions to Obligors regarding payments to be made to the Seller, any 758444419 21691544 65 Originator, the Master Servicer or any Lock-Box Account (or the related lock-box) modifying the deposit account or the lock box address to which payments are directed to be made, unless the Administrative Agent shall have consented thereto in writing and the Administrative Agent shall have received copies of all agreements and documents (including Lock-Box Agreements) that it may request in connection therewith.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Moog Inc.)

Change in Lock-Box Banks, Lock-Box Accounts and Payment Instructions to Obligors. The Master Servicer and, to the extent that it ceases to be the Master Servicer, Moog, shall not (and shall not permit any Originator to) add or terminate any bank as a Lock-Box Bank or any account as a Lock-Box Account (or any related lock-box) from those listed in Schedule II to this the Agreement, or make any change in its instructions to Obligors regarding payments to be made to the Master Servicer or any Lock-Box Account (or the related lock-box) modifying the deposit account or the lock box address to which payments are directed to be made, unless the Administrative Agent Administrator shall have consented thereto in writing and the Administrative Agent Administrator shall have received copies of all agreements and documents (including Lock-Box Agreements) that it may request in connection therewith.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Moog Inc)

Change in Lock-Box Banks, Lock-Box Accounts and Payment Instructions to Obligors. The Master Servicer andSeller shall not, to the extent that it ceases to be the Master Servicer, Moog, shall not (and shall not permit the Master Servicer or any Originator to) , add or terminate any bank as a Lock-Box Bank or any account as a Lock-Box Account (or any related lock-box) from those listed in Schedule II to this Agreement, or make any change in its instructions to Obligors regarding payments to be made to the Seller, any Originator, the Master Servicer or any Lock-Box Account (or the related lock-box) modifying the deposit account or the lock box address to which payments are directed to be made, unless the Administrative Agent shall have consented thereto in writing and the Administrative Agent shall have received copies of all agreements and documents (including Lock-Box Agreements) that it may request in connection therewith.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Moog Inc.)

AutoNDA by SimpleDocs

Change in Lock-Box Banks, Lock-Box Accounts and Payment Instructions to Obligors. The Master Servicer andSeller shall not, to the extent that it ceases to be the Master Servicer, Moog, shall not (and shall not permit the Servicer or any Originator to) , add or terminate any bank as a Lock-Box Bank or any account as a Lock-Box Account (or any related lock-box) from those listed in Schedule II to this the Agreement, or make any change in its instructions to Obligors regarding payments to be made to the Master Seller, any Originator, the Servicer or any Lock-Box Account (or the related lock-box) modifying the deposit account or the lock box address to which payments are directed to be made, unless the Administrative Agent Administrator shall have consented thereto in writing and the Administrative Agent Administrator shall have received copies of all agreements and documents (including Lock-Box Agreements) that it may request in connection therewith.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Moog Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!