Common use of Collection Accounts Clause in Contracts

Collection Accounts. Schedule 7.20 designates each Collection Account of such Borrower and the Guarantors and all such Collection Accounts are either (i) with the Administrative Agent as the depositary bank or (ii) are subject to an Account Control Agreement in favor of the Administrative Agent for the benefit of the Secured Parties.

Appears in 4 contracts

Samples: Revolving Credit Agreement (CAI International, Inc.), Revolving Credit Agreement (CAI International, Inc.), Revolving Credit Agreement (CAI International, Inc.)

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Collection Accounts. Schedule 7.20 designates each Collection Account of such the Borrower and the Guarantors its Domestic Subsidiaries (other than a Securitization Entity) and all such Collection Accounts are either (i) with the Administrative Agent as the depositary bank or (ii) are subject to an Account Control Agreement in favor of the Administrative Agent for the benefit of the Secured Parties.

Appears in 3 contracts

Samples: Revolving Credit Agreement (CAI International, Inc.), Revolving Credit Agreement (CAI International, Inc.), Revolving Credit Agreement (CAI International, Inc.)

Collection Accounts. Schedule 7.20 designates each Collection Account of such the Borrower and the Guarantors its Domestic Subsidiaries (other than a Securitization Entity) and all such Collection Accounts are either (i) with the Administrative Agent as the depositary bank or (ii) are subject to an Account Control Agreement in favor of the Administrative Agent for the benefit of the Secured Parties.

Appears in 1 contract

Samples: Revolving Credit Agreement (CAI International, Inc.)

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Collection Accounts. Schedule 7.20 designates each Collection Account of such the Borrower and the Guarantors and all such Collection Accounts are either (i) with the Administrative Agent as the depositary bank or (ii) are subject to an Account Control Agreement in favor of the Administrative Agent for the benefit of the Secured Parties, subject to the Intercreditor Agreement.

Appears in 1 contract

Samples: Term Loan Agreement (CAI International, Inc.)

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