Common use of Electronic Access to Collateral Account Clause in Contracts

Electronic Access to Collateral Account. In order to verify the deposits and withdrawals in each Collateral Account, and in addition to any other information reasonably requested by Administrative Agent with respect to a Collateral Account (including monthly bank statements), Borrower shall cause the Depository to provide Administrative Agent with continuous online monitoring access, effective as of the Closing Date.

Appears in 10 contracts

Samples: Revolving Credit Agreement (TCW Direct Lending VII LLC), Revolving Credit Agreement (TCW Direct Lending VII LLC), Revolving Credit Agreement (TCW Direct Lending LLC)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!