Creation of Accounts. (a) The Administrative Agent hereby establishes the following 16 special, segregated and irrevocable cash collateral accounts in the name of the Administrative Agent and for the benefit of the Secured Parties, which accounts shall be maintained by the Administrative Agent at all times until the termination hereof and the payment in full of all Obligations:
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Samples: Credit Agreement (Flag Telecom Holdings LTD), Credit Agreement (Global Telesystems Group Inc), Credit Agreement (Flag Telecom Holdings LTD)
Creation of Accounts. (a) The Administrative Agent hereby -------------------- establishes the following 16 thirteen special, segregated and irrevocable cash collateral accounts in the name of the Administrative Agent Borrower and for the benefit of the Secured PartiesLenders, which accounts shall be maintained by the Administrative Agent at all times until the termination hereof of this Agreement and the payment in full of all Obligations:
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Samples: Credit Agreement (Globenet Communications Group LTD)
Creation of Accounts. (a) The Administrative Agent hereby -------------------- establishes the following 16 twelve special, segregated and irrevocable cash collateral accounts in the name of the Administrative Agent Borrower and for the benefit of the Secured PartiesLenders, which accounts shall be maintained by the Administrative Agent at all times until the termination hereof of this Agreement and the payment in full of all Obligations:
Appears in 1 contract
