Common use of Deposit Accounts; Credit Card Processors Clause in Contracts

Deposit Accounts; Credit Card Processors. Not open new DDAs or Blocked Accounts unless the Borrower shall have delivered to the Collateral Agent appropriate DDA Notifications or Blocked Account Agreements consistent with the provisions of Section 6.13 and otherwise satisfactory to the Collateral Agent. The Borrower shall not maintain any bank accounts or enter into any agreements with credit card processors other than the ones expressly contemplated herein or in Section 6.13 hereof.

Appears in 3 contracts

Samples: Credit Agreement (Duckwall Alco Stores Inc), Credit Agreement (Duckwall Alco Stores Inc), Credit Agreement (Duckwall Alco Stores Inc)

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Deposit Accounts; Credit Card Processors. Not open new DDAs or Blocked Accounts unless the Borrower Loan Parties shall have delivered to the Collateral Agent appropriate DDA Notifications or Blocked Account Agreements consistent with the provisions of Section 6.13 and otherwise satisfactory to the Collateral Agent. The Borrower No Loan Party shall not maintain any bank accounts or enter into any agreements with credit card processors other than the ones expressly contemplated herein or in Section 6.13 hereof.

Appears in 2 contracts

Samples: Credit Agreement (Cost Plus Inc/Ca/), Credit Agreement (Cost Plus Inc/Ca/)

Deposit Accounts; Credit Card Processors. Not open Open new DDAs or Blocked Accounts unless the Borrower Loan Parties shall have delivered to the Collateral Agent appropriate DDA Notifications or Blocked Account Agreements consistent with the provisions of Section 6.13 and otherwise satisfactory to the Collateral Agent. The Borrower No Loan Party shall not maintain any bank accounts or enter into any agreements with credit card processors other than the ones expressly contemplated herein or in Section 6.13 hereof.

Appears in 2 contracts

Samples: Credit Agreement (Syms Corp), Credit Agreement (Syms Corp)

Deposit Accounts; Credit Card Processors. Not open Open new DDAs or Blocked Accounts unless the Borrower Loan Parties shall have delivered to the Collateral Agent appropriate DDA Notifications or Blocked Account Agreements consistent with the provisions of Section 6.13 and otherwise satisfactory to the Collateral Agent. The Borrower No Loan Party shall not maintain any bank accounts or enter into any agreements with credit card processors other than the ones expressly contemplated herein or in Section 6.13 hereof.

Appears in 1 contract

Samples: Credit Agreement (Big 5 Sporting Goods Corp)

Deposit Accounts; Credit Card Processors. Not open new DDAs or Blocked Accounts unless the Borrower Loan Parties shall have delivered to the Collateral Agent appropriate DDA Notifications or Blocked Account Agreements consistent with the provisions of Section 6.13 and otherwise satisfactory to the Collateral Agent. The Borrower No Loan Party shall not maintain any bank accounts or enter into any agreements with credit card processors other than the ones expressly contemplated herein or in Section 6.13 hereof6.13.

Appears in 1 contract

Samples: Credit Agreement (BTHC VII Inc)

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Deposit Accounts; Credit Card Processors. Not open Open new DDAs or Blocked Accounts unless the Borrower shall have delivered to the Collateral Agent Lender appropriate DDA Notifications (to the extent requested by Lender pursuant to the provisions of Section 6.13(b) hereof) or Blocked Account Agreements consistent with the provisions of Section 6.13 and otherwise satisfactory to the Collateral AgentLender. The Borrower shall not maintain any bank accounts or enter into any agreements with credit card processors Credit Card Issuers or Credit Card Processors other than the ones expressly contemplated herein or in Section 6.13 hereof.

Appears in 1 contract

Samples: Credit Agreement (Bluefly Inc)

Deposit Accounts; Credit Card Processors. Not open (a) Open new DDAs or Blocked Accounts unless the Borrower Loan Parties shall have delivered to the Collateral Agent appropriate DDA Notifications or Blocked Account Agreements consistent with the provisions of Section 6.13 and otherwise satisfactory to the Administrative Collateral Agent. The Borrower shall not maintain . (b) Maintain any bank accounts or enter into any agreements with credit card processors other than the ones expressly contemplated herein or in Section 6.13 hereof6.13, except as provided in Section 6.13(h).

Appears in 1 contract

Samples: Credit Agreement (Metropark Usa Inc)

Deposit Accounts; Credit Card Processors. Not open new DDAs or Blocked Accounts unless the Borrower Loan Parties shall have delivered to the Collateral Agent appropriate DDA Notifications or Blocked Account Agreements consistent with the provisions of Section 6.13 and otherwise reasonably satisfactory to the Collateral AgentAgents. The Borrower No Loan Party shall not maintain any bank accounts or enter into any agreements with credit card processors other than the ones expressly contemplated herein or in Section 6.13 hereof.

Appears in 1 contract

Samples: Credit Agreement (Nash Finch Co)

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