Deposit Accounts. Upon the occurrence of an Event of Default and during continuation thereof, the Administrative Agent may prevent withdrawals or other dispositions of funds in Deposit Accounts maintained with the Administrative Agent.
Appears in 29 contracts
Samples: Security and Pledge Agreement (I3 Verticals, Inc.), Security and Pledge Agreement (Balchem Corp), Security and Pledge Agreement (Trex Co Inc)
Deposit Accounts. Upon the occurrence of an Event of Default and during the continuation thereof, the Administrative Agent may (i) prevent withdrawals or other dispositions of funds in Deposit Accounts (other than Excluded Accounts) maintained with the Administrative Agent and (ii) exercise control pursuant to any control agreement governing a Deposit Account (other than Excluded Accounts) not maintained with the Administrative Agent.
Appears in 4 contracts
Samples: Credit Agreement (Aaron's Company, Inc.), Credit Agreement (Aaron's Company, Inc.), Credit Agreement (Aaron's Company, Inc.)
Deposit Accounts. Upon the occurrence of an Event of Default and during the continuation thereof, the Administrative Agent may prevent withdrawals or other dispositions of funds in Deposit Accounts maintained with the Administrative Agent.
Appears in 3 contracts
Samples: Security Agreement (Amedisys Inc), Security Agreement (SPX FLOW, Inc.), Security Agreement (Amedisys Inc)
Deposit Accounts. Upon the occurrence of an Event of Default and during continuation thereof, the Administrative Agent may (i) prevent withdrawals or other dispositions of funds in Deposit Accounts maintained with the Administrative Agent and (ii) exercise control pursuant to any control agreement governing a Deposit Account not held with the Agent.
Appears in 3 contracts
Samples: Loan and Security Agreement (Guardian Pharmacy Services, Inc.), Loan and Security Agreement (Guardian Pharmacy Services, Inc.), Loan and Security Agreement (Guardian Pharmacy Services, Inc.)
Deposit Accounts. Upon the occurrence of an Event of Default and during the continuation thereof, the Administrative Agent may may: (i) to the extent not expressly prohibited by applicable Law, prevent withdrawals or other dispositions of funds in Deposit Accounts maintained with the Administrative Agent; and (ii) exercise control pursuant to any control agreement governing a Deposit Account not maintained with the Administrative Agent.
Appears in 1 contract
Samples: Security and Pledge Agreement (Rotech Healthcare Holdings Inc.)
Deposit Accounts. Upon the occurrence of an Event of Default and during continuation thereof, the Administrative Agent may prevent withdrawals or other dispositions of funds in Deposit Accounts (other than (i) accounts used solely for payroll or related employee benefits or withholding taxes and (ii) trust accounts maintained solely for the benefit of unrelated persons) maintained with the Administrative Agent.
Appears in 1 contract
Samples: Security and Pledge Agreement (Rf Micro Devices Inc)
Deposit Accounts. Upon During the occurrence continuance of an Event of Default and during continuation thereofDefault, the Administrative Agent may prevent withdrawals or other dispositions of funds in Deposit Accounts maintained with the Administrative Agent.
Appears in 1 contract
Deposit Accounts. Upon the occurrence of an Event of Default and during the continuation thereof, the Administrative Agent may prevent (i) withdrawals or other dispositions of funds in Deposit Accounts maintained with the Administrative Agent and (ii) provide instructions directing the disposition of funds in Deposit Accounts not maintained with the Administrative Agent.
Appears in 1 contract
Samples: Security and Pledge Agreement (Health Insurance Innovations, Inc.)
Deposit Accounts. Upon the occurrence of an Event of Default and during the continuation thereof, the Administrative Agent may prevent withdrawals or other dispositions of funds in Deposit Accounts (other than any Deposit Account constituting Excluded Property) maintained with the Administrative Agent.
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Deposit Accounts. Upon the occurrence of an Event of Default and during the continuation thereof, the Administrative Agent may prevent withdrawals or other dispositions of funds in Deposit Accounts maintained with the Administrative AgentAccounts.
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Deposit Accounts. Upon the occurrence and during the continuance of ---------------- an Event of Default and during continuation thereofDefault, the Administrative Agent may prevent exercise dominion and control over, and refuse to permit further withdrawals (whether of money, securities, instruments or other dispositions of funds in Deposit Accounts property) from, deposit accounts maintained with the Administrative AgentAgent or any Lender constituting part of the Collateral.
Appears in 1 contract
Samples: Security Agreement (Gem Nevada LLC)
Deposit Accounts. Upon the occurrence and during the continuance of an Event of Default and during continuation thereofDefault, the Administrative Agent may prevent withdrawals or other dispositions of funds in Deposit Accounts maintained with the Administrative Agent.
Appears in 1 contract
Deposit Accounts. Upon During the occurrence continuation of an Event of Default and during continuation thereofDefault, the Administrative Agent may prevent withdrawals or other dispositions of funds in Deposit Accounts maintained with the Administrative Agent.
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