Common use of Establishment and Operation of Collateral Account Clause in Contracts

Establishment and Operation of Collateral Account. (a) Secured Party is hereby authorized to establish and maintain at its office at ________________________________, as a blocked account in the name of Secured Party and under the sole dominion and control of Secured Party, a restricted deposit account designated as "Aurora Foods Inc. Collateral Account".

Appears in 2 contracts

Samples: Security Agreement (Aurora Foods Inc /Md/), Credit Agreement (Aurora Foods Inc /De/)

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Establishment and Operation of Collateral Account. (a) Secured Party is hereby authorized to establish and maintain at its office at _____________________________________________, as a blocked account in the name of Secured Party and under the sole dominion and control of Secured Party, a restricted deposit account designated as "Aurora Foods Inc. DMAC Acquisition Corp. Collateral Account".

Appears in 1 contract

Samples: Credit Agreement (DMW Worldwide Inc)

Establishment and Operation of Collateral Account. (a) Secured Party is hereby authorized to establish and maintain at its office at ________________________________Xxx Xxxxxxx Xxxxx, 0xx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000-0000, as a blocked account in the name of Secured Party and under the sole dominion and control of Secured Party, a restricted deposit account designated as "Aurora Foods Arterial Vascular Engineering, Inc. Collateral Account".

Appears in 1 contract

Samples: Security Agreement (Arterial Vascular Engineering Inc)

Establishment and Operation of Collateral Account. (a) Secured Party is hereby authorized to establish and maintain at its office at _____________________________________________, as a blocked account in the name of Secured Party and under the sole dominion and control of Secured Party, a restricted deposit account designated as "Aurora MBW Foods Inc. Collateral Account".

Appears in 1 contract

Samples: Security Agreement (MBW Foods Inc)

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Establishment and Operation of Collateral Account. (a) Secured Party is hereby authorized to establish and maintain at its office at _____________________________________________, as a blocked account in the name of Secured Party and under the sole dominion and control of Secured Party, a restricted deposit account designated as "Aurora Foods Outsourcing Solutions Inc. Collateral Account".

Appears in 1 contract

Samples: Security Agreement (Outsourcing Solutions Inc)

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