Common use of Linked Accounts Clause in Contracts

Linked Accounts. Except for the Permitted Linked Account, Servicer shall not permit any (i) “Linked Account” (as defined in the Account Control Agreement with Bank of America, N.A.) to exist with respect to any Collection Account maintained at Bank of America, N.A, or (ii) controlled disbursement account or other deposit account at any time linked to any of the Accounts (as defined in the Account Control Agreement with Truist Bank) by a zero balance account connection or other automated funding mechanism with respect to any Blocked Account maintained at Truist Bank; provided, however, that at any time (w) during the continuance of a an Event of Termination, (x) during the continuance of an Unmatured Event of Termination, (y) that Xxxxxxx’s unsecured debt has a public rating from S&P below “BB-”, or (z) that Xxxxxxx’s unsecured debt has a public rating from Xxxxx’x below “Ba3”, the Seller shall, if so instructed by the Administrative Agent (in its sole discretion), cause the Permitted Linked Account, promptly, but not later than five (5) Business Days following the Seller’s or the Servicer’s receipt of such instruction, to cease being a (i) “Linked Account” (as defined in the Account Control Agreement with Bank of America, N.A.) or (ii) controlled disbursement account or other deposit account linked to any of the Accounts (as defined in the Account Control Agreement with Truist Bank) by a zero balance account connection or other automated funding mechanism with respect to any Collection Account maintained at Truist Bank.

Linked Accounts. Except for the Permitted Linked Account, Servicer Seller shall not permit any (i) “Linked Account” (as defined in the Account Control Agreement with Bank of America, N.A.) to exist with respect to any Collection Account maintained at Bank of America, N.A, or (ii) controlled disbursement account or other deposit account at any time linked to any of the Accounts (as defined in the Account Control Agreement with Truist Bank) by a zero balance account connection or other automated funding mechanism with respect to any Blocked Account maintained at Truist Bank; provided, however, that at any time (w) during the continuance of a an Event of Termination, (x) during the continuance of an Unmatured Event of Termination, (y) that XxxxxxxAshland Global’sAshland’s unsecured debt has a public rating from S&P below “BB-”, or (z) that XxxxxxxAshland’s unsecured debt has a public rating from Xxxxx’x Moody’s below “Ba3”, the Seller shall, if so instructed by the Administrative Agent (in its sole discretion), cause the Permitted Linked 748740795 00000000 Account, promptly, but not later than five (5) Business Days following the Seller’s or the Servicer’s receipt of such instruction, to cease being a (i) “Linked Account” (as defined in the Account Control Agreement with Bank of America, N.A.) or (ii) controlled disbursement account or other deposit account linked to any of the Accounts (as defined in the Account Control Agreement with Truist Bank) by a zero balance account connection or other automated funding mechanism with respect to any Collection Account maintained at Truist Bank.

Linked Accounts. Except for the Permitted Linked Account, Servicer shall not permit any (i) “Linked Account” (as defined in the Account Control Agreement with Bank of America, N.A.) to exist with respect to any Collection Account maintained at Bank of America, N.A, or (ii) controlled disbursement account or other deposit account at any time linked to any of the Accounts (as defined in the Account Control Agreement with Truist Bank) by a zero balance account connection or other automated funding mechanism with respect to any Blocked Account maintained at Truist Bank; provided, however, that at any time (w) during the continuance of a an Event of Termination, (x) during the continuance of an Unmatured Event of Termination, (y) that XxxxxxxAshland Global’s unsecured debt has a public rating from S&P below “BB-”, or (z) that XxxxxxxAshland’s unsecured debt has a public rating from Xxxxx’x below “Ba3”, the Seller shall, if so instructed by the Administrative Agent (in its sole discretion), cause the Permitted Linked Account, promptly, but not later than five (5) Business Days following the Seller’s or the Servicer’s receipt of such instruction, to cease being a (i) “Linked Account” (as defined in the Account Control Agreement with Bank of America, N.A.) or (ii) controlled disbursement account or other deposit account linked to any of the Accounts (as defined in the Account Control Agreement with Truist Bank) by a zero balance account connection or other automated funding mechanism with respect to any Collection Account maintained at Truist Bank.

Linked Accounts. Except for the Permitted Linked Account, the Servicer shall not permit any (i) “Linked Account” (as defined in the Account Control Lock-Box Agreement with Bank of AmericaXxxxx Fargo Bank, N.A.National Association) to exist with respect to any Collection Lock-Box Account maintained at Bank of AmericaXxxxx Fargo Bank, N.A, or (ii) controlled disbursement account or other deposit account at any time linked to any of the Accounts (as defined in the Account Control Agreement with Truist Bank) by a zero balance account connection or other automated funding mechanism with respect to any Blocked Account maintained at Truist BankNational Association; provided, however, that at any time (wx) during the continuance of a an Event of TerminationTermination Event, (xy) during the continuance of an Unmatured Termination Event of Termination, (y) that Xxxxxxx’s unsecured debt has a public rating from S&P below “BB-”, or (z) that Xxxxxxxthe long-term senior unsecured and uncredit-enhanced debt rating of Moog is then less than “B” by Standard & Poor’s unsecured debt has a public rating from Xxxxx’x below or “Ba3”B2” by Moody’s, the Seller Servicer shall, if so instructed by the Administrative Agent Administrator (in its sole discretion), cause the Permitted Linked Account to cease being a “Linked Account, ” promptly, but not later than five (5) Business Days following the Seller’s or the Servicer’s receipt of such instruction, to cease being a . The Servicer shall at all times ensure that (i) the account balance in the Permitted Linked Account is greater than or equal to zero and will exceed the aggregate “Linked AccountSettlement Item Amount” (as defined in the Account Control Lock-Box Agreement with Bank Xxxxx Fargo Bank, National Association) of America, N.A.) or (ii) controlled disbursement account or other deposit account linked to any of the Accounts all “Settlement Items” (as defined in the Account Control Lock-Box Agreement with Truist Xxxxx Fargo Bank, National Association) by a zero balance account connection or other automated funding mechanism at any time outstanding with respect to the Permitted Linked Account and (ii) no amount will be debited against any Collection Lock-Box Account maintained at Truist Bankas a result of any “Settlement Item” that originated in the Permitted Linked Account or any other account other than a Lock-Box Account.

Linked Accounts. Except for the Permitted Linked Account, Servicer Seller shall not permit any (i) “Linked Account” (as defined in the Account Control Agreement with Bank of America, N.A.) to exist with respect to any Collection Account maintained at Bank of America, N.A, or (ii) controlled disbursement account or other deposit account at any time linked to any of the Accounts (as defined in the Account Control Agreement with Truist Bank) by a zero balance account connection or other automated funding mechanism with respect to any Blocked Account maintained at Truist Bank; provided, however, that at any time (w) during the continuance of a an Event of Termination, (x) during the continuance of an Unmatured Event of Termination, (y) that Xxxxxxx’s unsecured debt has a public rating from S&P below “BB-”, or (z) that Xxxxxxx’s unsecured debt has a public rating from Xxxxx’x below “Ba3”, the Seller shall, if so instructed by the Administrative Agent (in its sole discretion), cause the Permitted Linked Account, promptly, but not later than five (5) Business Days following the Seller’s or the Servicer’s receipt of such instruction, to cease being a (i) “Linked Account” (as defined in the Account Control Agreement with Bank of America, N.A.) or (ii) controlled disbursement account or other deposit account linked to any of the Accounts (as defined in the Account Control Agreement with Truist Bank) by a zero balance account connection or other automated funding mechanism with respect to any Collection Account maintained at Truist Bank.

Linked Accounts. Except for the Permitted Linked Account, Servicer Seller shall not permit any (i) “Linked Account” (as defined in the Account Control Agreement with Bank of America, N.A.) to exist with respect to any Collection Account maintained at Bank of America, N.A, or (ii) controlled disbursement account or other deposit account at any time linked to any of the Accounts (as defined in the Account Control Agreement with Truist Bank) by a zero balance account connection or other automated funding mechanism with respect to any Blocked Account maintained at Truist Bank; provided, however, that at any time (w) during the continuance of a an Event of Termination, (x) during the continuance of an Unmatured Event of Termination, (y) that XxxxxxxAxxxxxx’s unsecured debt has a public rating from S&P below “BB-”, or (z) that XxxxxxxAxxxxxx’s unsecured debt has a public rating from Xxxxx’x Mxxxx’x below “Ba3”, the Seller shall, if so instructed by the Administrative Agent (in its sole discretion), cause the Permitted Linked Account, promptly, but not later than five (5) Business Days following the Seller’s or the Servicer’s receipt of such instruction, to cease being a (i) “Linked Account” (as defined in the Account Control Agreement with Bank of America, N.A.) or (ii) controlled disbursement account or other deposit account linked to any of the Accounts (as defined in the Account Control Agreement with Truist Bank) by a zero balance account connection or other automated funding mechanism with respect to any Collection Account maintained at Truist Bank.

Linked Accounts. Except for the Permitted Linked Account, Servicer shall not permit any (i) “Linked Account” (as defined in the Account Control Agreement with Bank of America, N.A.) to exist with respect to any Collection Account maintained at Bank of America, N.A, or (ii) controlled disbursement account or other deposit account at any time linked to any of the Accounts (as defined in the Account Control Agreement with Truist Bank) by a zero balance account connection or other automated funding mechanism with respect to any Blocked Account maintained at Truist Bank; provided, however, that at any time (w) during the continuance of a an Event of Termination, (x) during the continuance of an Unmatured Event of Termination, (y) that XxxxxxxAshland Global’sAshland’s unsecured debt has a public rating from S&P below “BB-”, or (z) that Xxxxxxx’s unsecured debt has a public rating from Xxxxx’x Moody’s below “Ba3”, the Seller shall, if so instructed by the Administrative Agent (in its sole discretion), cause the Permitted Linked Account, promptly, but not later than five (5) Business Days following the Seller’s or the Servicer’s receipt of such instruction, to cease being a (i) “Linked Account” (as defined in the Account Control Agreement with Bank of America, N.A.) or (ii) controlled disbursement account or other deposit account linked to any of the Accounts (as defined in the Account Control Agreement with Truist Bank) by a zero balance account connection or other automated funding mechanism with respect to any Collection Account maintained at Truist Bank.