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 100 Xxxxxxx Xxxxxx, Xxxxxx, Xxxxxxxxxxxxx, xx a blocked account in the name of Secured Party and under the sole dominion and control of Secured Party, a restricted deposit account (Account #533-04379), designated as "Zilog, Inc., Collateral Account in favor of BankBoston, N.A.".

Appears in 1 contract

Samples: Collateral Account Agreement (Zilog Inc)

AutoNDA by SimpleDocs

Establishment and Operation of Collateral Account. (a) Secured Party is hereby authorized to establish and maintain at its office at 100 [One First Union Center TW-10, 000 X. Xxxxxxx Xxxxxx, XxxxxxXxxxxxxxx, XxxxxxxxxxxxxXxxxx Xxxxxxxx 00000-0000], xx as a blocked account in the name of Secured Party and under the sole dominion and control of Secured Party, a restricted deposit account (Account #533-04379), designated as "ZilogThe Pantry, Inc., Inc. Collateral Account in favor of BankBoston, N.A.Account".

Appears in 1 contract

Samples: Collateral Account Agreement (Sandhills Inc)

Establishment and Operation of Collateral Account. (a) Secured Party is hereby authorized to establish and maintain at its office at 100 Xxxxxxx 14 Wxxx Xxxxxx, XxxxxxXxx Xxxx, XxxxxxxxxxxxxXxx Xxxx 00000, xx a blocked account in the name of Secured Party and under the sole dominion and control of Secured Party, a restricted deposit account (Account #533-04379), designated as "ZilogFWT, Inc., Inc. Collateral Account in favor of BankBoston, N.A.Account".

Appears in 1 contract

Samples: Credit Agreement (FWT Inc)

Establishment and Operation of Collateral Account. (a) Secured Party is hereby authorized to establish and maintain at its office at 100 Xxxxxxx 000 Xxxxxxxxx Xxxxxx, XxxxxxXxx Xxxx, XxxxxxxxxxxxxXxx Xxxx, xx as a blocked account in the name of Secured Party and under the sole dominion and control of Secured Party, a restricted deposit account (Account #533-04379), designated as "ZilogAFC Enterprises, Inc., Inc. Collateral Account in favor of BankBoston, N.A.Account".

Appears in 1 contract

Samples: Collateral Account Agreement (Afc Enterprises Inc)

AutoNDA by SimpleDocs

Establishment and Operation of Collateral Account. (a) Secured Party is hereby authorized to establish and maintain at its office at 100 Xxxxxxx 1980 Xxxxxx Xxxxxx, XxxxxxXxxxxxxx Xxxx, XxxxxxxxxxxxxXxxxxxxxxx 00000, xx a blocked account in the name of Secured Party and under the sole dominion and control of Secured Party, a restricted deposit account (Account #533-04379), designated as "Zilog, Inc., Bell Xxxustries Collateral Account in favor of BankBoston, N.A.Account".

Appears in 1 contract

Samples: Credit Agreement (Bell Industries Inc)

Establishment and Operation of Collateral Account. (a) a. Secured Party is hereby authorized to establish and maintain at its office at 100 Xxxxxxx 14 Wxxx Xxxxxx, XxxxxxXxx Xxxx, XxxxxxxxxxxxxXxx Xxxx 00000, xx a blocked account in the name of Secured Party and under the sole dominion and control of Secured Party, a restricted deposit account (Account #533-04379), designated as "ZilogFWT, Inc., Inc. Collateral Account in favor of BankBoston, N.A.Account".

Appears in 1 contract

Samples: Collateral Account Agreement (FWT Inc)

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