Common use of Deposit Accounts; Etc Clause in Contracts

Deposit Accounts; Etc. Such Canadian Grantor shall take, or refrain from taking, as the case may be, each action that is necessary to be taken or not taken, as the case may be, so that no breach of subsection 4.16 of the ABL Credit Agreement is caused by the failure to take such action or to refrain from taking such action by such Canadian Grantor or any of its Subsidiaries.

Appears in 4 contracts

Samples: Assumption Agreement (Veritiv Corp), Assumption Agreement (Veritiv Corp), Guarantee and Collateral Agreement (Veritiv Corp)

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Deposit Accounts; Etc. Such Canadian The Grantor shall take, or refrain from taking, as the case may be, each action that is necessary to be taken or not taken, as the case may bemaybe, so that no breach of subsection 4.16 of the ABL Credit Agreement is caused by the failure to take such action or to refrain from taking such action by such Canadian the Grantor or any of its Subsidiaries.. CANADIAN SECURITY AGREEMENT

Appears in 2 contracts

Samples: Canadian Security Agreement (RSC Equipment Rental, Inc.), The Credit Agreement (RSC Holdings Inc.)

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Deposit Accounts; Etc. Such Canadian Grantor shall take, or refrain from taking, as the case may be, each action that is necessary to be taken or not taken, as the case may be, so that no breach of subsection 4.16 of the ABL Credit Agreement is caused by the failure to take such action or to refrain from taking such action by such Canadian Grantor or any of its Subsidiaries.. CANADIAN GUARANTEE AND COLLATERAL AGREEMENT

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (New Sally Holdings, Inc.)

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