Common use of Dispositions from Concentration Account Clause in Contracts

Dispositions from Concentration Account. Until an Event of Default shall have occurred and be continuing, each Pledgor is hereby authorized by Administrative Agent to direct on any Business Day the disposition of any and all moneys, financial assets, checks, drafts, securities, instruments and other property deposited in the Concentration Account into one or more Approved Financial Accounts for use by such Pledgor in a manner permitted by the Credit Agreement. Administrative Agent shall make such disposition by 2:00 p.m. New York time on each such date.

Dispositions from Concentration Account. Until an Event of Default shall have occurred and be continuing, each Pledgor is hereby authorized by Administrative Agent to direct on any Business Day the disposition into one or more financial accounts that is subject to a financial account consent agreement substantially in the form of Exhibit 2 hereto any and all moneys, financial assetsinstruments, checks, drafts, securities, instruments securities and other property deposited in the Concentration Account into one or more Approved Financial Accounts for use by such Pledgor in a manner permitted by the Credit Agreement. Administrative Agent shall make such disposition by 2:00 p.m. New York time on each such date.

Dispositions from Concentration Account. Until an Event of Default shall have occurred and be continuing, each Pledgor is hereby authorized by the Administrative Agent to direct on any Business Day the disposition of any and all moneys, financial assets, checks, drafts, securities, instruments and other property deposited in the Concentration Account into one or more Approved Financial Accounts for use by such Pledgor in a manner permitted by the Credit Agreement. The Administrative Agent shall make such disposition by 2:00 p.m. New York time on each such date.

Dispositions from Concentration Account. Until an Event of Default shall have occurred and be continuing, each Pledgor is hereby authorized by the Administrative Agent to direct on any Business Day the disposition into one or more financial accounts that is subject to a financial account control agreement substantially in the form of Exhibit 2 hereto any and all moneys, financial assetsinstruments, checks, drafts, securities, instruments securities and other property deposited in the Concentration Account into one or more Approved Financial Accounts for use by such Pledgor in a manner permitted by the Credit Agreement. The Administrative Agent shall make such disposition by 2:00 p.m. New York time on each such date.