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

Deposit Accounts; Credit Card Processors. Open new DDAs or Blocked Accounts unless the Loan Parties shall promptly thereafter have delivered to the Administrative Agent or the Canadian Agent, as applicable, appropriate Blocked Account Agreements consistent with the provisions of Section 6.12. No Loan Party shall maintain any bank accounts or enter into any agreements with credit card processors other than the ones expressly contemplated herein or in Section 6.12 hereof.

Appears in 5 contracts

Samples: Credit Agreement (Sally Beauty Holdings, Inc.), Credit Agreement (Sally Beauty Holdings, Inc.), Credit Agreement (Sally Beauty Holdings, Inc.)

AutoNDA by SimpleDocs

Deposit Accounts; Credit Card Processors. Open new DDAs or Blocked Accounts unless the Loan Parties shall promptly thereafter have delivered to the Administrative Agent or the Canadian Agent, as applicable, appropriate Blocked Account Agreements consistent with the provisions of Section 6.126.13 and otherwise reasonably satisfactory to the Agent. No Loan Party shall 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 6.12 6.13 hereof.

Appears in 3 contracts

Samples: Credit Agreement (Five Below, Inc), Credit Agreement (Five Below, Inc), Credit Agreement (Five Below, Inc)

Deposit Accounts; Credit Card Processors. Open new DDAs or Blocked Accounts unless the Loan Parties shall promptly thereafter have delivered to the Administrative Agent or the Canadian Agent, as applicable, appropriate Blocked Account Agreements consistent with if and as required by the provisions of Section 6.126.13 and otherwise satisfactory to the Agent. No Loan Party shall 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 6.12 6.13 hereof.

Appears in 1 contract

Samples: Credit Agreement (Zumiez Inc)

Deposit Accounts; Credit Card Processors. Open new DDAs or Blocked Accounts unless the Loan Parties shall promptly thereafter have delivered to the Administrative Agent or the Canadian Agent, as applicable, appropriate Blocked Account Agreements consistent with the provisions of Section 6.126.13 and otherwise satisfactory to the Agent. No Loan Party shall (i) maintain any bank accounts other than those expressly contemplated herein or in Section 6.13 hereof, or (ii) enter into any agreements with credit card processors other than the ones those expressly contemplated herein or in Section 6.12 6.13 hereof, in each case, without the Agent’s prior written consent.

Appears in 1 contract

Samples: Credit Agreement (Valuevision Media Inc)

AutoNDA by SimpleDocs

Deposit Accounts; Credit Card Processors. Open new DDAs or Blocked Accounts Accounts, or enter into agreements with any credit card processors, unless the Loan Parties shall promptly thereafter have delivered to the Administrative Collateral Agent or the Canadian Agent, as applicable, appropriate Blocked Account Agreements or Credit Card Notifications, as appropriate, consistent with the provisions of Section 6.126.13 and otherwise reasonably satisfactory to the Administrative Agent. No Except as permitted hereby, no Loan Party shall maintain any bank accounts or enter into any agreements with credit card processors other than the ones expressly contemplated herein or in Section 6.12 6.13 hereof.

Appears in 1 contract

Samples: Credit Agreement (Pep Boys Manny Moe & Jack)

Deposit Accounts; Credit Card Processors. Open new DDAs or Blocked Accounts unless the Loan Parties shall promptly thereafter have delivered to the Administrative Agent or the Canadian Collateral Agent, as applicablethe case may be, appropriate Blocked Account Agreements consistent with the provisions of Section 6.126.13 and otherwise satisfactory to the Administrative Agent. No Loan Party shall maintain any bank accounts or enter into any agreements with credit card processors other than the ones expressly contemplated herein or in Section 6.12 6.13 hereof.

Appears in 1 contract

Samples: Credit Agreement (Perfumania Holdings, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.