Common use of Designated Account Clause in Contracts

Designated Account. Agent is authorized to make the Revolving Loans, and Issuing Bank is authorized to issue the Letters of Credit, under this Agreement based upon telephonic or other instructions received from anyone purporting to be an Authorized Person or, without instructions, if pursuant to Section 2.6(d). Borrowers agree to establish and maintain the Designated Account with the Designated Account Bank for the purpose of receiving the proceeds of the Revolving Loans requested by Borrowers and made by Agent or the Lenders hereunder. Unless otherwise agreed by Agent and Borrowers, any Revolving Loan or Swing Loan requested by Borrowers and made by Agent or the Lenders hereunder shall be made to the Designated Account.

Appears in 40 contracts

Samples: Credit Agreement (Kaiser Aluminum Corp), Credit Agreement (SeaSpine Holdings Corp), Credit Agreement (CVR Partners, Lp)

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Designated Account. Agent is authorized to make the Revolving LoansAdvances, and Issuing Bank Lender is authorized to issue the Letters of Credit, under this Agreement based upon telephonic or other instructions received from anyone purporting to be an Authorized Person or, without instructions, if pursuant to Section 2.6(d). Borrowers agree Borrower agrees to establish and maintain the Designated Account with the Designated Account Bank for the purpose of receiving the proceeds of the Revolving Loans Advances requested by Borrowers Borrower and made by Agent or the Lenders hereunder. Unless otherwise agreed by Agent and BorrowersBorrower, any Revolving Loan Advance, Protective Advance, or Swing Loan requested by Borrowers Borrower and made by Agent or the Lenders hereunder shall be made to the Designated Account.

Appears in 11 contracts

Samples: Credit Agreement (Sanfilippo John B & Son Inc), Credit Agreement (Servicesource International LLC), Credit Agreement (Powerwave Technologies Inc)

Designated Account. Agent is authorized to make the Revolving LoansLoans and the Term Loan, and Issuing Bank is authorized to issue the Letters of Credit, under this Agreement based upon telephonic or other instructions received from anyone purporting to be an Authorized Person or, without instructions, if pursuant to Section 2.6(d). Borrowers agree to establish and maintain the Designated Account with the Designated Account Bank for the purpose of receiving the proceeds of the Revolving Loans requested by Borrowers and made by Agent or the Lenders hereunder. Unless otherwise agreed by Agent and Borrowers, any Revolving Loan or Swing Loan requested by Borrowers and made by Agent or the Lenders hereunder shall be made to the Designated Account.

Appears in 10 contracts

Samples: Credit Agreement (EGAIN Corp), Credit Agreement (Model N, Inc.), Credit Agreement (Connecture Inc)

Designated Account. Agent is authorized to make the Revolving Loans, and Issuing Bank is authorized to issue the Letters of Credit, under this Agreement based upon telephonic or other instructions received from anyone purporting to be an Authorized Person or, without instructions, if pursuant to Section 2.6(d). Borrowers agree to establish and maintain the Designated Account with the Designated Account Bank for the purpose of receiving the proceeds of the Revolving Loans requested by Borrowers Xxxxxxxxx and made by Agent or the Lenders hereunder. Unless otherwise agreed by Agent and Borrowers, any Revolving Loan or Swing Loan requested by Borrowers and made by Agent or the Lenders hereunder shall be made to the Designated Account.

Appears in 9 contracts

Samples: Credit Agreement (Performant Financial Corp), Credit Agreement (Salem Media Group, Inc. /De/), Credit Agreement (GoPro, Inc.)

Designated Account. Agent is authorized to make the Revolving Loans, and Issuing Bank is authorized to issue the Letters of Credit, under this Agreement based upon telephonic or other instructions received from anyone purporting to be an Authorized Person or, without instructions, if pursuant to Section 2.6(d). Borrowers agree Borrower agrees to establish and maintain the Designated Account with the Designated Account Bank for the purpose of receiving the proceeds of the Revolving Loans requested by Borrowers Borrower and made by Agent or the Lenders hereunder. Unless otherwise agreed by Agent and BorrowersBorrower, any Revolving Loan or Swing Loan requested by Borrowers Borrower and made by Agent or the Lenders hereunder shall be made to the Designated Account.

Appears in 7 contracts

Samples: Credit Agreement (PointClickCare Corp.), Credit Agreement (PointClickCare Corp.), Credit Agreement (PointClickCare Corp.)

Designated Account. Agent is authorized to make the Revolving Loans, Loans and Issuing Bank is authorized to issue the Letters of Credit, under this Agreement based upon telephonic or other instructions received from anyone purporting to be an Authorized Person or, without instructions, if pursuant to Section 2.6(d). Borrowers agree to establish and maintain the Designated Account with the Designated Account Bank for the purpose of receiving the proceeds of the Revolving Loans requested by Borrowers and made by Agent or the Lenders hereunder. Unless otherwise agreed by Agent and Borrowers, any Revolving Loan or Swing Loan requested by Borrowers and made by Agent or the Lenders hereunder shall be made to the Designated Account.

Appears in 5 contracts

Samples: Credit Agreement (Liberty Oilfield Services Inc.), Credit Agreement (CPI Card Group Inc.), Credit Agreement (McClatchy Co)

Designated Account. Agent is authorized to make the Revolving Loans, and Issuing Bank Lender is authorized to issue the Letters of Credit, under this Agreement based upon telephonic or other instructions received from anyone purporting to be an Authorized Person or, without instructions, if pursuant to Section 2.6(d). Borrowers agree Borrower agrees to establish and maintain the Designated Account with the Designated Account Bank for the purpose of receiving the proceeds of the Revolving Loans requested by Borrowers Borrower and made by Agent or the Lenders hereunder. Unless otherwise agreed by Agent and BorrowersBorrower, any Revolving Loan or Swing Loan requested by Borrowers Borrower and made by Agent or the Lenders hereunder shall be made to the Designated Account.

Appears in 5 contracts

Samples: Credit Agreement (PROS Holdings, Inc.), Credit Agreement (PROS Holdings, Inc.), Credit Agreement (Quantum Corp /De/)

Designated Account. Agent is authorized to make the Revolving LoansAdvances, and Issuing Bank Lender is authorized to issue the Letters of Credit, under this Agreement based upon telephonic or other instructions received from anyone purporting to be an Authorized Person or, without instructions, if pursuant to Section 2.6(d). Borrowers agree Borrower agrees to establish and maintain the Designated Account with the Designated Account Bank for the purpose of receiving the proceeds of the Revolving Loans Advances requested by Borrowers Borrower and made by Agent or the Lenders hereunder. Unless otherwise agreed by Agent and BorrowersBorrower, any Revolving Loan Advance, Agent Advance, or Swing Loan requested by Borrowers Borrower and made by Agent or the Lenders hereunder shall be made to the Designated Account.

Appears in 5 contracts

Samples: Loan and Security Agreement (Interdent Inc), Loan and Guaranty Agreement (Payless Shoesource Inc /De/), Loan and Security Agreement (Penton Media Inc)

Designated Account. Agent is authorized to make the Revolving LoansLoans and the Term Loan, and Issuing Bank is authorized to issue the Letters of Credit, under this Agreement based upon telephonic or other instructions received from anyone purporting to be an Authorized Person or, without instructions, if pursuant to Section 2.6(d). Borrowers agree Borrower agrees to establish and maintain the Designated Account with the Designated Account Bank for the purpose of receiving the proceeds of the Revolving Loans requested by Borrowers Borrower and made by Agent or the Lenders hereunder. Unless otherwise agreed by Agent and BorrowersBorrower, any Revolving Loan or Swing Loan requested by Borrowers Borrower and made by Agent or the Lenders hereunder shall be made to the Designated Account.

Appears in 5 contracts

Samples: Credit Agreement (Asure Software Inc), Credit Agreement (Appfolio Inc), Credit Agreement (Appfolio Inc)

Designated Account. Agent is authorized to make the Revolving Loans, and Issuing Bank is authorized to issue the Letters of Credit, under this Agreement based upon telephonic or other instructions received from anyone purporting to be an Authorized Person or, without instructions, if pursuant to Section 2.6(d2.5(d). Borrowers agree to establish and maintain the Designated Account with the Designated Account Bank for the purpose of receiving the proceeds of the Revolving Loans requested by Borrowers and made by Agent or the Lenders hereunder. Unless otherwise agreed by Agent and Borrowers, any Revolving Loan or Swing Loan requested by Borrowers and made by Agent or the Lenders hereunder shall be made to the Designated Account.

Appears in 4 contracts

Samples: Credit Agreement (MGP Ingredients Inc), Credit Agreement (MGP Ingredients Inc), Credit Agreement (MGP Ingredients Inc)

Designated Account. Agent is authorized to make the Revolving Loans, and Issuing Bank is authorized to issue the Letters of Credit, under this Agreement based upon telephonic or other instructions received from anyone purporting to be an Authorized Person or, without instructions, if pursuant to Section 2.6(d). Borrowers agree to establish and maintain the Designated Account with the Designated Account Bank for the purpose of receiving the proceeds of the Revolving Loans requested by Borrowers and made by Agent or the Lenders hereunder. Unless otherwise agreed by Agent and Borrowers, any Revolving Loan or Swing Loan requested by Borrowers and made by Agent or the Lenders hereunder shall be made to the Designated Account.

Appears in 3 contracts

Samples: Credit Agreement (Independence Contract Drilling, Inc.), Credit Agreement (BlueLinx Holdings Inc.), Credit Agreement (BlueLinx Holdings Inc.)

Designated Account. Agent is authorized to make the Revolving Loans, and Issuing Bank is authorized to issue the Letters of Credit, under this Agreement based upon telephonic or other instructions received from anyone purporting to be an Authorized Person or, without instructions, if pursuant to Section 2.6(d). Borrowers agree to establish and maintain the Designated Account with the Designated Account Bank for the purpose of receiving the proceeds of the Revolving Loans requested by Borrowers Xxxxxxxxx and made by Agent or the Lenders hereunder. Unless otherwise agreed by Agent and Borrowers, any Revolving Loan or Swing Loan requested by Borrowers and made by Agent or the Lenders hereunder shall be made to the Designated Account.. 2.9

Appears in 3 contracts

Samples: Credit Agreement and Loan (Nautilus, Inc.), Credit Agreement (Nautilus, Inc.), Credit Agreement (Calumet Specialty Products Partners, L.P.)

Designated Account. Agent is authorized to make the Revolving Advances and the Term Loans, and Issuing Bank Lender is authorized to issue the Letters of Credit, under this Agreement based upon telephonic or other instructions received from anyone purporting to be an Authorized Person or, without instructions, if pursuant to Section 2.6(d). Borrowers agree Borrower agrees to establish and maintain the Designated Account with the Designated Account Bank for the purpose of receiving the proceeds of the Revolving Loans Advances requested by Borrowers Borrower and made by Agent or the Lenders hereunder. Unless otherwise agreed by Agent and BorrowersBorrower, any Revolving Loan Advance or Swing Loan requested by Borrowers Borrower and made by Agent or the Lenders hereunder shall be made to the Designated Account.

Appears in 3 contracts

Samples: Credit Agreement (Daegis Inc.), Credit Agreement (Daegis Inc.), Credit Agreement (Unify Corp)

Designated Account. Agent is authorized to make the Revolving LoansLoans and the Term Loan, and Issuing Bank Lender is authorized to issue the Letters of Credit, under this Agreement based upon telephonic or other instructions received from anyone purporting to be an Authorized Person or, without instructions, if pursuant to Section 2.6(d). Borrowers agree Parent agrees to establish and maintain the Designated Account with the Designated Account Bank for the purpose of receiving the proceeds of the Revolving Loans requested by Borrowers and made by Agent or the Lenders hereunder. Unless otherwise agreed by Agent and Borrowers, any Revolving Loan or Swing Loan requested by Borrowers and made by Agent or the Lenders hereunder shall be made to the Designated Account.

Appears in 3 contracts

Samples: Credit Agreement (Unifi Inc), Credit Agreement (Unifi Inc), Credit Agreement (Unifi Inc)

Designated Account. Agent is authorized to make the Revolving Loans, and Issuing Bank Lender is authorized to issue the Letters of Credit, under this Agreement based upon telephonic or other instructions received from anyone purporting to be an Authorized Person or, without instructions, if pursuant to Section 2.6(d). Borrowers agree to establish and maintain the Designated Account with the Designated Account Bank for the purpose of receiving the proceeds of the Revolving Loans requested by Borrowers and made by Agent or the Lenders hereunder. Unless otherwise agreed by Agent and Borrowers, any Revolving Loan or Swing Loan requested by Borrowers and made by Agent Agent, Swing Lender or the Lenders hereunder shall be made to the Designated Account.

Appears in 3 contracts

Samples: Patent Security Agreement (School Specialty Inc), Possession Credit Agreement (School Specialty Inc), Credit Agreement (School Specialty Inc)

Designated Account. Agent is authorized to make the Revolving Loans, and Issuing Bank Lender is authorized to issue the Letters of Credit, under this Agreement based upon telephonic or other instructions received from anyone purporting to be an Authorized Person and reasonably believed by Agent to be an Authorized Person or, without instructions, if pursuant to Section 2.6(d2.4(c). Borrowers agree to establish and maintain the Designated Account with the Designated Account Bank for the purpose of receiving the proceeds of the Revolving Loans requested by Borrowers and made by Agent or the Lenders hereunder. Unless otherwise agreed by Agent and Borrowers, any Revolving Loan or Swing Loan requested by Borrowers and made by Agent or the Lenders hereunder shall be made to the Designated Account.

Appears in 3 contracts

Samples: Credit Agreement (Polyone Corp), Credit Agreement (Polyone Corp), Credit Agreement (Polyone Corp)

Designated Account. Agent is authorized to make the Revolving Loans, Loans and Issuing Bank Lender is authorized to issue the Letters of Credit, under this Agreement based upon telephonic or other instructions received from anyone purporting to be an Authorized Person or, without instructions, if pursuant to Section 2.6(d). Borrowers agree Borrower agrees to establish and maintain the Designated Account with the Designated Account Bank for the purpose of receiving the proceeds of the Revolving Loans requested by Borrowers Borrower and made by Agent or the Lenders hereunder. Unless otherwise agreed by Agent and BorrowersBorrower, any Loan, Agent Revolving Loan Advance, or Swing Loan requested by Borrowers Borrower and made by Agent or the Lenders hereunder shall be made to the Designated Account.

Appears in 2 contracts

Samples: Possession Loan and Security Agreement, Loan and Security Agreement (Sharper Image Corp)

Designated Account. Agent is authorized to make the Revolving LoansLoans and the Term Loan, and Issuing Bank is authorized to issue the Letters of Credit, under this Agreement based upon telephonic or other instructions received from anyone purporting to be an Authorized Person or, without instructions, if pursuant to Section 2.6(d). Borrowers agree to establish and maintain the Designated Account with the Designated Account Bank for the purpose of receiving the proceeds of the Revolving Loans requested by Borrowers and made by Agent or the Lenders hereunder. Unless otherwise agreed by Agent and Borrowers, any Revolving Loan or Swing Loan requested by Borrowers and made by Agent or the Lenders hereunder shall be made to the Designated Account.. 2.9

Appears in 2 contracts

Samples: Credit Agreement (Nautilus, Inc.), Credit Agreement (Nautilus, Inc.)

Designated Account. Agent is authorized to make the Revolving LoansAdvances, and Issuing Bank Lender is authorized to issue the Letters of Credit, under this Agreement based upon telephonic or other instructions received from anyone purporting to be an Authorized Person orPerson, or without instructions, instructions if pursuant to Section SECTION 2.6(d). Borrowers agree Borrower agrees to establish and maintain the Designated Account with the Designated Account Bank for the purpose of receiving the proceeds of the Revolving Loans Advances requested by Borrowers Borrower and made by Agent or the Lenders hereunder. Unless otherwise agreed by Agent and BorrowersBorrower, any Revolving Loan Advance, Agent Advance, or Swing Loan requested by Borrowers Borrower and made by Agent or the Lenders hereunder shall be made to the Designated Account.

Appears in 2 contracts

Samples: Loan and Security Agreement (HPSC Inc), Loan and Security Agreement (Etoys Inc)

Designated Account. Agent is authorized to make the Revolving Loans, Loans and each Issuing Bank is authorized to issue the Letters of Credit, under this Agreement based upon telephonic or other instructions received from anyone purporting to be an Authorized Person or, without instructions, if pursuant to Section 2.6(d). The Borrowers agree to establish and maintain the Designated Account with the Account. The Designated Account Bank shall be for the purpose of receiving the proceeds of the Revolving Loans requested by Borrowers and made by Agent or the Lenders hereunderBorrowers. Unless otherwise agreed by Agent and Borrowers, any Revolving Loan or Swing Loan requested by Borrowers Xxxxxxxxx and made by Agent or the Lenders hereunder shall be made to the Designated Account.

Appears in 2 contracts

Samples: Credit Agreement (Oil States International, Inc), Credit Agreement (Oil States International, Inc)

Designated Account. Agent is authorized to make the Revolving Loans, Loans and Issuing Bank is authorized to issue the Letters of Credit, Credit under this Agreement based upon telephonic or other instructions received from anyone purporting to be an Authorized Person or, without instructions, if pursuant to Section 2.6(d). Borrowers agree Borrower agrees to establish and maintain the Designated Account with the Designated Account Bank for the purpose of receiving the proceeds of the Revolving Loans requested by Borrowers Borrower and made by Agent or the Lenders hereunder. Unless otherwise agreed by Agent and BorrowersBorrower, any Revolving Loan or Swing Loan requested by Borrowers Borrower and made by Agent or the Lenders hereunder shall be made to the Designated Account.

Appears in 2 contracts

Samples: Possession Credit Agreement (Nuverra Environmental Solutions, Inc.), Credit Agreement (Nuverra Environmental Solutions, Inc.)

Designated Account. Administrative Agent is authorized to make the Revolving Loans, and Issuing Bank is authorized to issue the Letters of Credit, under this Agreement based upon telephonic or other instructions received from anyone purporting to be an Authorized Person or, without instructions, if pursuant to Section 2.6(d). Borrowers agree to establish and maintain the Designated Account with the Designated Account Bank for the purpose of receiving the proceeds of the Revolving Loans requested by Borrowers and made by Administrative Agent or the Lenders hereunder. Unless otherwise agreed by Administrative Agent and Borrowers, any Revolving Loan or Swing Loan requested by Borrowers and made by Administrative Agent or the Lenders hereunder shall be made to the Designated Account.

Appears in 2 contracts

Samples: Credit Agreement (Thryv Holdings, Inc.), Credit Agreement (Thryv Holdings, Inc.)

Designated Account. Agent is authorized to make the Revolving Loans, and Issuing Bank is authorized to issue the Letters of Credit, under this Agreement based upon telephonic or other instructions received from anyone purporting to be an Authorized Person or, without instructions, if pursuant to Section 2.6(d). Borrowers agree to establish and maintain the Designated Account with the Designated Account Bank for the purpose of receiving the proceeds of the Revolving Loans requested by Borrowers Xxxxxxxxx and made by Agent or the Lenders hereunder. Unless otherwise agreed by Agent and Borrowers, any Revolving Loan or Swing Loan requested by Borrowers and made by Agent or the Lenders hereunder shall be made to the Designated Account. 2.9.

Appears in 1 contract

Samples: Credit Agreement (Ranger Energy Services, Inc.)

Designated Account. Agent is authorized to make the Revolving Loans, Loans and Issuing Bank is authorized to issue the Letters of Credit, under this Agreement based upon telephonic or other instructions received from anyone purporting to be an Authorized Person or, without instructions, if pursuant to Section 2.6(d). Borrowers agree to establish and maintain the Designated Account with the Designated Account Bank for the purpose of receiving the proceeds of the Revolving Loans requested by Borrowers Xxxxxxxxx and made by Agent or the Lenders hereunder. Unless otherwise agreed by Agent and Borrowers, any Revolving Loan or Swing Loan requested by Borrowers and made by Agent or the Lenders hereunder shall be made to the Designated Account.

Appears in 1 contract

Samples: Credit Agreement (Liberty Energy Inc.)

Designated Account. Agent is authorized to make the Revolving LoansLoans and the Term Loan, and Issuing Bank is authorized to issue the Letters of Credit, under this Agreement based upon telephonic or other instructions received from anyone purporting to be an Authorized Person or, without instructions, if pursuant to Section 2.6(d). Borrowers agree to establish and maintain the Designated Account with the Designated Account Bank for the purpose of receiving the proceeds of the Term Loan and the Revolving Loans requested by Borrowers and made by Agent or the Lenders hereunder. Unless otherwise agreed by Agent and Borrowers, any Term Loan, Revolving Loan or Swing Loan requested by Borrowers and made by Agent or the Lenders hereunder shall be made to the Designated Account.

Appears in 1 contract

Samples: Credit Agreement (Paycor Hcm, Inc.)

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Designated Account. Agent is authorized to make the Revolving Loans, and Issuing Bank is authorized to issue the Letters of Credit, under this Agreement based upon telephonic or other instructions received from anyone purporting to be an Authorized Person or, without instructions, if pursuant to Section 2.6(d). Borrowers agree Borrower agrees to establish and maintain the Designated Account with the Designated Account Bank for the purpose of receiving the proceeds of the Revolving Loans requested by Borrowers Borrower and made by Agent or the Lenders hereunder. Unless otherwise agreed by Agent and BorrowersBorrower, any Revolving Loan or Swing Loan requested by Borrowers Borrower and made by Agent or the Lenders hereunder shall be made to the Designated Account.

Appears in 1 contract

Samples: Credit Agreement (Essex Rental Corp.)

Designated Account. Agent is authorized to make the Revolving Loans, and Issuing Bank is authorized to issue the Letters of Credit, under this Agreement based upon telephonic or other instructions received from anyone purporting to be an Authorized Person or, without instructions, if pursuant to Section 2.6(d). Borrowers agree to establish and maintain the Designated Account with the Designated Account Bank for the purpose of receiving the proceeds of the Revolving Loans requested by Borrowers Bxxxxxxxx and made by Agent or the Lenders hereunder. Unless otherwise agreed by Agent and Borrowers, any Revolving Loan or Swing Loan requested by Borrowers and made by Agent or the Lenders hereunder shall be made to the Designated Account.

Appears in 1 contract

Samples: Credit Agreement (Tessco Technologies Inc)

Designated Account. Agent is authorized to make the Revolving LoansAdvances, and Issuing Bank Lender is authorized to issue the Letters of Credit, under this Agreement based upon telephonic or other instructions received from anyone purporting to be an Authorized Person orPerson, or without instructions, instructions if pursuant to Section 2.6(d). Borrowers agree Each Borrower agrees to establish and maintain the its Designated Account with the Designated Account Bank for the purpose of receiving the proceeds of the Revolving Loans Advances requested by Borrowers and made by Agent or the Lenders hereunder. Unless otherwise agreed by Agent and BorrowersBorrower Representative, any Revolving Loan Advance, Agent Advance, or Swing Loan requested by Borrowers Borrower Representative and made by Agent or the Lenders hereunder shall be made to the applicable Borrower's Designated Account.

Appears in 1 contract

Samples: Loan and Security Agreement (Alpine Group Inc /De/)

Designated Account. Agent is authorized to make the Revolving Loans, and Issuing Bank is authorized to issue the Letters of Credit, under this Agreement based upon telephonic or other instructions received from anyone purporting to be an Authorized Person or, without instructions, if pursuant to Section 2.6(d). Borrowers agree to establish and maintain the Designated Account with the Designated Account Bank for the purpose of receiving the proceeds of the Revolving Loans requested by Borrowers and made by Agent or the Revolving Lenders hereunder. Unless otherwise agreed by Agent and Borrowers, any Revolving Loan or Swing Loan requested by Borrowers and made by Agent or the Revolving Lenders hereunder shall be made to the Designated Account.

Appears in 1 contract

Samples: Credit Agreement (Us Xpress Enterprises Inc)

Designated Account. Agent is authorized to make the Revolving Loans, Loans and Issuing Bank Lender is authorized to issue the Letters of Credit, Credit under this Agreement based upon telephonic or other instructions received from anyone purporting to be an Authorized Person or, without instructions, if pursuant to Section 2.6(d). Borrowers agree Borrower agrees to establish and maintain the Designated Account with the Designated Account Bank for the purpose of receiving the proceeds of the Revolving Loans requested by Borrowers Borrower and made by Agent or the Lenders hereunder. Unless otherwise agreed by Agent and BorrowersBorrower, any Revolving Loan or Swing Loan requested by Borrowers Borrower and made by Agent Agent, Swing Lender or the Lenders hereunder shall be made to the Designated Account.

Appears in 1 contract

Samples: Credit Agreement (Ocz Technology Group Inc)

Designated Account. . Agent is authorized to make the Revolving Loans, and Issuing Bank is authorized to issue the Letters of Credit, under this Agreement based upon telephonic or other instructions received from anyone purporting to be an Authorized Person or, without instructions, if pursuant to Section 2.6(d). Borrowers agree to establish and maintain the Designated Account with the Designated Account Bank for the purpose of receiving the proceeds of the Revolving Loans requested by Borrowers and made by Agent or the Lenders hereunder. Unless otherwise agreed by Agent and Borrowers, any Revolving Loan or Swing Loan requested by Borrowers and made by Agent or the Lenders hereunder shall be made to the Designated Account.

Appears in 1 contract

Samples: Credit Agreement (Farmer Brothers Co)

Designated Account. Agent is authorized to make the Revolving Loans, and Issuing Bank Lender is authorized to issue the Letters of Credit, under this Agreement based upon telephonic or other instructions received from anyone purporting to be an Authorized Person or, without instructions, if pursuant to Section 2.6(d). Borrowers agree to establish and maintain the Designated Account with the Designated Account Bank for the purpose of receiving the proceeds of the Revolving Loans requested by Borrowers and made by Agent or the Lenders hereunder. Unless otherwise agreed by Agent and Borrowers, any Revolving Loan or Swing Loan requested by Borrowers and made by Agent or the Lenders hereunder shall be made to the Designated Account.

Appears in 1 contract

Samples: Credit Agreement (Aventine Renewable Energy Holdings Inc)

Designated Account. Agent is authorized to make the Revolving Loans, and Issuing Bank is authorized to issue the Letters of Credit, under this Agreement based upon telephonic or other instructions received from anyone purporting to be an Authorized Person or, without instructions, if pursuant to Section 2.6(d)2.6. Borrowers agree to establish and maintain the Designated Account with the Designated Account Bank for the purpose of receiving the proceeds of the Revolving Loans requested by Borrowers and made by Agent or the Lenders hereunder. Unless otherwise agreed by Agent and Borrowers, any Revolving Loan or Swing Loan requested by Borrowers and made by Agent or the Lenders hereunder shall be made to the Designated Account.

Appears in 1 contract

Samples: Credit Agreement (Neogenomics Inc)

Designated Account. Agent is authorized to make the Revolving Loans, Loans and each Issuing Bank is authorized to issue the Letters of Credit, under this Agreement based upon telephonic or other instructions received from anyone purporting to be an Authorized Person or, without instructions, if pursuant to Section 2.6(d). The Borrowers agree to establish and maintain the Designated Account with the Account. The Designated Account Bank shall be for the purpose of receiving the proceeds of the Revolving Loans requested by Borrowers and made by Agent or the Lenders hereunderBorrowers. Unless otherwise agreed by Agent and Borrowers, any Revolving Loan or Swing Loan requested by Borrowers and made by Agent or the Lenders hereunder shall be made to the Designated Account.

Appears in 1 contract

Samples: Credit Agreement (Oil States International, Inc)

Designated Account. Agent is authorized to make the Revolving Loans, Loans and Issuing Bank is authorized to issue the Letters of Credit, under this Agreement based upon telephonic or other instructions received from anyone purporting to be an Authorized Person or, without instructions, if pursuant to Section 2.6(d). Borrowers agree to establish and maintain the Designated Account Accounts with the Designated Account Bank for the purpose of receiving the proceeds of the Revolving Loans requested by Borrowers and made by Agent or the Lenders hereunder. Unless otherwise agreed by Agent and Borrowers, any Revolving Loan or Swing Loan requested by Borrowers and made by Agent or the Lenders hereunder shall be made to the a Designated Account.

Appears in 1 contract

Samples: Credit Agreement (Pernix Therapeutics Holdings, Inc.)

Designated Account. Agent is authorized to make the Revolving Loans, and each Issuing Bank is authorized to issue the Letters of Credit, under this Agreement based upon telephonic or other instructions received from anyone purporting to be an Authorized Person or, without instructions, if pursuant to Section 2.6(d). Borrowers agree to establish and maintain the Designated Account with the Designated Account Bank for the purpose of receiving the proceeds of the Revolving Loans requested by Borrowers and made by Agent or the Lenders hereunder. Unless otherwise agreed by Agent and Borrowers, any Revolving Loan or Swing Loan requested by Borrowers and made by Agent or the Lenders hereunder shall be made to the Designated Account.

Appears in 1 contract

Samples: Credit Agreement (H&E Equipment Services, Inc.)

Designated Account. Agent is authorized to make the Revolving Loans, and Issuing Bank is authorized to issue the Letters of Credit, under this Agreement based upon telephonic or other instructions received from anyone purporting to be an Authorized Person or, without instructions, if pursuant to Section 2.6(d). Borrowers agree to establish and maintain the Designated Account with the Designated Account Bank for the purpose of receiving the proceeds of the Revolving Loans requested by Borrowers and made by Agent or the Lenders hereunder. .Unless otherwise agreed by Agent and Borrowers, any Revolving Loan or Swing Loan requested by Borrowers and made by Agent or the Lenders hereunder shall be made to the Designated Account.

Appears in 1 contract

Samples: Credit Agreement (Delta Apparel, Inc)

Designated Account. Agent is authorized to make the Revolving Loans, and Issuing Bank is authorized to issue the Letters of Credit, under this Agreement based upon telephonic or other instructions received from anyone purporting to be an Authorized Person or, without instructions, if pursuant to Section 2.6(d). Borrowers agree to establish and maintain the Designated Account with the Designated Account Bank for the purpose of receiving the proceeds of the Revolving Loans requested by Borrowers and made by Agent or the Lenders hereunder. Unless otherwise agreed by Agent and Borrowers, any Revolving Loan or Swing Loan requested by Borrowers and made by Agent or the Lenders hereunder shall be made to the Designated Account.. 2.9

Appears in 1 contract

Samples: Credit Agreement (Neophotonics Corp)

Designated Account. Agent is authorized to make the Revolving LoansAdvances, and Issuing Bank Lender is authorized to issue the Letters of Credit, under this Agreement based upon telephonic or other instructions received from anyone purporting to be an Authorized Person or, without instructions, if pursuant to Section 2.6(d2.5(d). Borrowers agree Borrower agrees to establish and maintain the Designated Account with the Designated Account Bank for the purpose of receiving the proceeds of the Revolving Loans Advances requested by Borrowers Borrower and made by Agent or the Lenders hereunder. Unless otherwise agreed by Agent and BorrowersBorrower, any Revolving Loan Advance, Protective Advance, or Swing Loan requested by Borrowers Borrower and made by Agent or the Lenders hereunder shall be made to the Designated Account.

Appears in 1 contract

Samples: Credit Agreement (Dialogic Inc.)

Designated Account. Agent is authorized to make the Revolving Loans, and Issuing Bank is authorized to issue the Letters of Credit, Loans under this Agreement based upon telephonic or other instructions received from anyone purporting to be an Authorized Person or, without instructions, if pursuant to Section 2.6(d). Borrowers agree Each Borrower agrees to establish and maintain the Designated Account with the Designated Account Bank for the purpose of receiving the proceeds of the Revolving Loans requested by Borrowers any Borrower and made by Agent or the Lenders hereunder. Unless otherwise agreed by Agent and Borrowersany Borrower, any Revolving Loan or Swing Loan requested by Borrowers such Borrower and made by Agent or the Lenders hereunder shall be made to the Designated Account.

Appears in 1 contract

Samples: Possession Credit Agreement (Ciber Inc)

Designated Account. Agent is authorized to make the Revolving Loans, and each Issuing Bank is authorized to issue the Letters of Credit, under this Agreement based upon telephonic or other instructions received from anyone purporting to be an Authorized Person or, without instructions, if pursuant to Section 2.6(d). Borrowers agree to establish and maintain the Designated Account with the Designated Account Bank for the purpose of receiving the proceeds of the Revolving Loans requested by Borrowers Xxxxxxxxx and made by Agent or the Lenders hereunder. Unless otherwise agreed by Agent and Borrowers, any Revolving Loan or Swing Loan requested by Borrowers and made by Agent or the Lenders hereunder shall be made to the Designated Account.

Appears in 1 contract

Samples: Credit Agreement (H&E Equipment Services, Inc.)

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