Common use of Change of Account Banks Clause in Contracts

Change of Account Banks. (a) The Account Bank may be changed to another bank or financial institution. (b) Following a change of Account Bank, the relevant Chargor shall promptly deliver a notice substantially in the form set out in Schedule 3 (Forms of letter for Account Bank).

Appears in 4 contracts

Samples: Security Agreement (Gates Global Inc.), Security Agreement (Gates Global Inc.), Security Agreement (St. Augustine Real Estate Holding LLC)

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