Common use of Designated Accounts Clause in Contracts

Designated Accounts. US Agent is authorized to make the US Advances and US Issuing Lender is authorized to issue the US 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). US Borrower agrees to establish and maintain the US Designated Account for the purpose of receiving the proceeds of the US Advances requested by such US Borrower and made by US Agent or the Lenders hereunder. Unless otherwise agreed by US Agent and US Borrower, any US Advance or US Swing Loan requested by US Borrower and made by US Agent or the Lenders hereunder shall be made to the US Designated Account. Canadian Agent is authorized to make the Canadian Advances and Canadian Issuing Lender is authorized to issue the Canadian 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). Canadian Borrowers agree to establish and maintain the Canadian Designated Account for the purpose of receiving the proceeds of the Canadian Advances requested by the Canadian Borrowers and made by Canadian Agent or the Lenders hereunder. Unless otherwise agreed by Canadian Agent and Canadian Borrowers, any Canadian Advance or Canadian Swing Loan requested by a Canadian Borrower and made by Canadian Agent or the Lenders hereunder shall be made to the Canadian Designated Account.

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

Designated Accounts. US Each Applicable Agent is authorized to make the US Advances Revolving Loans and US the Term Loans, and each Issuing Lender Bank is authorized to issue the US 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). US Borrower agrees Borrowers agree to establish and maintain the US Designated Account with the US Designated Account Bank for the purpose of receiving the proceeds of the US Advances Revolving Loans and the Delayed Draw Term Loan requested by such US Borrower Borrowers and made by US Agent or the Lenders hereunder. Unless otherwise agreed by US Agent and US BorrowerBorrowers, any US Advance or Revolving Loan, US Swing Loans or Delayed Draw Term Loan requested by US Borrower Borrowers and made by US Agent or the Lenders hereunder shall be made to the US Designated Account. Canadian Agent is authorized to make the Canadian Advances and Canadian Issuing Lender is authorized to issue the Canadian 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). Canadian Borrowers agree agrees to establish and maintain the Canadian Designated Account with the Canadian Designated Account Bank for the purpose of receiving the proceeds of the Canadian Advances Revolving Loans requested by the Canadian Borrowers and made by Canadian Agent or the Lenders hereunder. Unless otherwise agreed by Canadian Agent and Canadian Borrowers, any Canadian Advance Revolving Loan or Canadian Swing Loan requested by a Canadian Borrower Borrowers and made by Canadian Agent or the Lenders hereunder shall be made to the Canadian Designated Account.

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