Irrevocable Deposit. Any deposit made into the Collateral Account hereunder shall, except as otherwise provided herein, be irrevocable, and the amount of such deposit and any money, instruments, investment property or other property on deposit in, carried in or credited to such Collateral Account hereunder and all interest thereon shall be held in trust by the Agent and applied solely as provided herein.
Appears in 6 contracts
Samples: Loan and Security Agreement (Katapult Holdings, Inc.), Loan and Security Agreement (Katapult Holdings, Inc.), Loan and Security Agreement (Katapult Holdings, Inc.)
Irrevocable Deposit. Any deposit made into the Collateral Account hereunder shall, except as otherwise provided herein, be irrevocable, and the amount of such deposit and any money, instruments, investment property or other property on deposit in, carried in or credited to such the Collateral Account hereunder and all interest thereon shall be held in trust by the Collateral Agent and applied solely as provided herein.
Appears in 1 contract
Samples: Note Issuance and Purchase Agreement (Enova International, Inc.)
Irrevocable Deposit. Any deposit made into the Collateral Account hereunder shall, except as otherwise provided herein, be irrevocable, and the amount of such deposit and any money, instruments, investment property or other property on deposit in, carried in or credited to such the Collateral Account hereunder and all interest thereon shall be held in trust by the Agent and applied solely as provided herein.
Appears in 1 contract
Samples: Loan and Security Agreement (CURO Group Holdings Corp.)
Irrevocable Deposit. Any deposit made into the Collateral Account hereunder shall, except as otherwise provided herein, be irrevocable, and the amount of such deposit and any money, instruments, investment property or other property on deposit in, carried in or credited to such the Collateral Account hereunder and all interest thereon shall be held in trust by the Agent and applied solely as provided herein.
Appears in 1 contract
Samples: Loan and Security Agreement (Enova International, Inc.)
Irrevocable Deposit. Any deposit made into the Collateral Account hereunder shall, except as otherwise provided herein, be irrevocable, and the amount of such deposit and any money, instruments, investment property or other property on deposit in, carried in or credited to such the Collateral Account hereunder and all interest thereon shall be held in trust by the Agent Collateral Trustee and applied solely as provided herein.
Appears in 1 contract
Samples: Note Issuance and Purchase Agreement (Enova International, Inc.)
