Common use of Depository Accounts; Collections Clause in Contracts

Depository Accounts; Collections. (a) Promptly after receipt of notice from the Collateral Agent following the occurrence of an Event of Default (regardless of whether it is an Actionable Default), each Debtor will use its best efforts to cause all depositary banks in which Cash Collections are deposited to become Approved Depositaries.

Depository Accounts; Collections. (a) Promptly after receipt of notice from the Collateral Agent following the occurrence of an Event of Default (regardless of whether it is an Actionable Default), each Debtor the Company will use its best efforts to cause all depositary banks in which Cash Collections are deposited to become Approved Depositaries.

Depository Accounts; Collections. (a) Promptly after receipt of notice from the Collateral Agent following the occurrence and during the continuance of an Event of Default (regardless of whether it is an Actionable Default), each Debtor will use its best efforts to cause all depositary banks in which Cash Collections are deposited to become Approved Depositaries.