Common use of Collections and Cash Flows Clause in Contracts

Collections and Cash Flows. (a) UHI shall have established and shall maintain the Collection Account and the Concentration Account. The Borrowers shall not change any Concentration Account or Collection Account, or open any new Concentration Account or Collection Account, into which any revenues related to the Collateral may be deposited without the prior written consent of the Lender; provided, that any such consent, with respect to any new or changed Concentration Account, shall not be unreasonably withheld by the Lender.

Appears in 3 contracts

Samples: Credit Agreement (U Haul International Inc), Credit Agreement (U Haul International Inc), Credit Agreement (U Haul International Inc)

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Collections and Cash Flows. (a) UHI shall have established and shall maintain the Collection Account and the Concentration Account. The Borrowers shall not change any Concentration Account or Collection Account, or open any new Concentration Account or Collection Account, into which any revenues related to the Collateral may be deposited without the prior written consent of the LenderAdministrative Agent; provided, that any such consent, with respect to any new or changed Concentration Account, shall not be unreasonably withheld by the LenderAdministrative Agent.

Appears in 1 contract

Samples: Credit Agreement (U Haul International Inc)

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