Deposit Account Control Agreements. Such Grantor will provide to the Lender promptly upon the Lender’s request, a Deposit Account Control Agreement duly executed on behalf of each financial institution holding a deposit account of such Grantor as set forth in this Security Agreement; provided that, the Lender may, in its discretion, defer delivery of any such Deposit Account Control Agreement, establish a Reserve with respect to any deposit account for which the Lender has not received such Deposit Account Control Agreement, and require such Grantor to open and maintain a new deposit account with a financial institution subject to a Deposit Account Control Agreement.
Appears in 1 contract
Samples: Pledge and Security Agreement (Par Technology Corp)
Deposit Account Control Agreements. Such The Grantor will provide to the Lender promptly upon the Lender’s request, a Deposit Account Control Agreement duly executed on behalf of each financial institution holding a deposit account of such the Grantor as set forth in this Security Agreement; provided that, the Lender may, in its discretion, defer delivery of any such Deposit Account Control Agreement, establish a Reserve with respect to any deposit account for which the Lender has not received such Deposit Account Control Agreement, and require such Grantor to open and maintain a new deposit account with a financial institution subject to a Deposit Account Control Agreement.
Appears in 1 contract
Samples: Pledge and Security Agreement (Mam Software Group, Inc.)
Deposit Account Control Agreements. Such Grantor will provide to the Lender promptly upon the Lender’s request, a Deposit Account Control Agreement duly executed on behalf of each financial institution holding a deposit account Deposit Account of such Grantor that is not an Excluded Account as set forth in this Security Agreement; provided that, the Lender may, in its discretion, defer delivery of any such Deposit Account Control Agreement, establish a Reserve with respect to any deposit account for which the Lender has not received such Deposit Account Control Agreement, and require such Grantor to open and maintain a new deposit account with a financial institution subject to a Deposit Account Control Agreement.
Appears in 1 contract
Deposit Account Control Agreements. Such The Grantor will provide to the Lender promptly upon the Lender’s request, a Deposit Account Control Agreement duly executed on behalf of each financial institution holding a deposit account of such Grantor as set forth in this Security Agreementthe Grantor; provided that, the Lender may, in its discretion, defer delivery of any such Deposit Account Control Agreement, establish a Reserve with respect to any deposit account for which the Lender has not received such Deposit Account Control Agreement, and require such the Grantor to open and maintain a new deposit account with a financial institution subject to a Deposit Account Control Agreement.
Appears in 1 contract
Samples: Pledge and Security Agreement (Supreme Industries Inc)
Deposit Account Control Agreements. Such Grantor will provide to the Lender promptly upon the Lender’s request, a Deposit Account Control Agreement duly executed on behalf of each financial institution holding a deposit account Deposit Account (other than an Excluded Account) of such Grantor as set forth in this Security Agreement; provided that, the Lender may, in its discretion, defer delivery of any such Deposit Account Control Agreement, establish a Reserve with respect to any deposit account for which the Lender has not received such Deposit Account Control Agreement, and require such Grantor to open and maintain a new deposit account with a financial institution subject to a Deposit Account Control Agreement.
Appears in 1 contract
Deposit Account Control Agreements. Such The Grantor will provide to the Lender promptly upon the Lender’s 's request, a Deposit Account Control Agreement duly executed on behalf of each financial institution holding a deposit account of such the Grantor as set forth in this Security Agreement; provided that, the Lender may, in its discretion, defer delivery of any such Deposit Account Control Agreement, establish a Reserve with respect to any deposit account for which the Lender has not received such Deposit Account Control Agreement, and require such Grantor to open and maintain a new deposit account with a financial institution subject to a Deposit Account Control Agreement.
Appears in 1 contract
Samples: Pledge and Security Agreement (Mam Software Group, Inc.)
Deposit Account Control Agreements. Such Grantor will provide to the Lender promptly upon the Lender’s request, a Deposit Account Control Agreement duly executed on behalf of each financial institution holding a deposit account of such Grantor as set forth in this Security Agreement; provided that, the Lender may, in its discretion, defer delivery of any such Deposit Account Control Agreement, establish a Reserve with respect to any deposit account for which the Lender has not received such Deposit Account Control Agreement, and require such Grantor to open and maintain a new deposit account with a financial institution subject to a Deposit Account Control Agreement.
Appears in 1 contract
Deposit Account Control Agreements. Such The Grantor will provide to the Lender promptly upon the Lender’s request, a Deposit Account Control Agreement duly executed on behalf of each financial institution holding a deposit account of such the Grantor as set forth in this the Security Agreement; provided that, the Lender may, in its discretion, defer delivery of any such Deposit Account Control Agreement, establish a Reserve with respect to any deposit account for which the Lender has not received such Deposit Account Control Agreement, and require such Grantor to open and maintain a new deposit account with a financial institution subject to a Deposit Account Control Agreement.
Appears in 1 contract