Common use of Location of accounts Clause in Contracts

Location of accounts. The Borrower and each of the Guarantors, as the case may be, shall promptly: (a) comply with any requirement of the Agent as to the location or re-location of the Earnings Account, and without limiting the foregoing, the Borrower and each of the Guarantors agree to segregate the Earnings Account from the banking platform on which their other accounts are located or designated; and (b) execute any documents which the Agent specifies to create or maintain in favor of the Security Trustee a Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the Earnings Account.

Location of accounts. The Borrower and each Each of the GuarantorsBorrowers and the Guarantor, as the case may be, shall promptly: (a) comply with any requirement of the Agent as to the location or re-location of the any Earnings AccountAccount , and without limiting the foregoing, the Borrower and each of the Guarantors agree Borrowers and the Guarantor agrees to segregate the Earnings Account Accounts from the banking platform on which their other accounts are located or designated; and (b) execute any documents which the Agent specifies to create or maintain in favor of the Security Trustee a Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the any Earnings Account.

Location of accounts. The Borrower and each Each of the GuarantorsBorrowers and the Guarantor, as the case may be, shall promptly: (a) comply with any requirement of the Agent as to the location or re-location of the any Earnings Account, and without limiting the foregoing, the Borrower and each of the Guarantors Borrowers and the Guarantor agree to segregate the Earnings Account from the banking platform on which their other accounts are located or designated; and (b) execute any documents which the Agent specifies to create or maintain in favor of the Security Trustee a Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the any Earnings Account.