Common use of Depository Account Clause in Contracts

Depository Account. 7.14.1 Borrower shall maintain an operating and other depository account (the “Depository Account”) with KeyBank, National Association (or any successor thereto), unless otherwise agreed by Administrative Agent in writing. 7.14.2 Administrative Agent is hereby authorized, on or after the due date, to charge such Depository Account of Borrower with the amount of all payments due under this Agreement, the Note or the other Loan Documents, with the Borrower’s obligation to make any required payment being satisfied to the extent there are sufficient collected funds in the Depository Account in the amount of such payment.

Depository Account. 7.14.1 Borrower shall maintain an operating and other depository account (the “"Depository Account”") with KeyBank, Fleet National Association Bank (or any successor thereto), unless otherwise agreed by Administrative Agent in writing. 7.14.2 Administrative Agent is hereby authorized, on or after the due date, to charge such Depository Account of Borrower with the amount of all payments due under this Agreement, the Note or the other Loan Documents, with the Borrower’s 's obligation to make any required payment being satisfied to the extent there are sufficient collected funds in the Depository Account in the amount of such payment.