Common use of Collecting Bank Clause in Contracts

Collecting Bank. (c) Subject to subsection (a) above, the Agent may be removed at any time by an instrument in writing executed by the Borrower (so long as a Notice of Exclusive Control has not been issued by Lakes to the Agent) and Lakes delivered to the Agent.

Appears in 5 contracts

Samples: Account Agreement (Lakes Entertainment Inc), Account Agreement (Lakes Entertainment Inc), Dominion Account Agreement (Lakes Entertainment Inc)

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Collecting Bank. (c) Subject to subsection (a) above, the Agent may be removed at any time by an instrument in writing executed by the Borrower and Lakes (so long as a Notice of Exclusive Control has not been issued by Lakes to the Agent) and Lakes delivered to the Agent.

Appears in 5 contracts

Samples: Account Agreement (Lakes Entertainment Inc), Account Agreement (Lakes Entertainment Inc), Account Agreement (Lakes Entertainment Inc)

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