Common use of Deposits to Collection Account Clause in Contracts

Deposits to Collection Account. No Seller Party will deposit or otherwise credit, or cause or permit to be so deposited or credited, to the Collection Account, any cash or cash proceeds other than Collections of Pool Receivables.

Appears in 9 contracts

Samples: Receivables Purchase Agreement (Georgia Gulf Corp /De/), Receivables Purchase Agreement (Lennox International Inc), Receivables Purchase Agreement (Georgia Gulf Corp /De/)

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Deposits to Collection Account. No Seller Party will deposit or otherwise credit, or cause or permit to be so deposited or credited, to the Collection Account or any Lockbox Account, any cash or cash proceeds other than Collections of Pool Receivables.

Appears in 7 contracts

Samples: Receivables Purchase Agreement (Lennox International Inc), Receivables Purchase Agreement (Lennox International Inc), Receivables Purchase Agreement (Lennox International Inc)

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Deposits to Collection Account. No Seller Loan Party will deposit or otherwise credit, or cause or permit to be so deposited or credited, to the Collection Account, any cash or cash proceeds other than Collections of Pool Receivables.

Appears in 1 contract

Samples: Credit and Security Agreement (Lanier Worldwide Inc)

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