Location of Earnings Account. Each Borrower shall promptly: (a) comply with any requirement of the Facility Agent (acting on the instructions of the Majority Lenders) as to the location or relocation of the Earnings Account; and (b) execute any documents which the Facility Agent (acting on the instructions of the Majority Lenders) specifies to create or maintain in favour of the Security Agent, Security over (and/or rights of set-off, consolidation or other rights in relation to) the Earnings Account.
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Samples: Term Loan Facility (United Maritime Corp), Facility Agreement (United Maritime Corp), Facility Agreement (United Maritime Corp)
Location of Earnings Account. Each The Borrower shall promptly:
(a) comply with any requirement of the Facility Agent (acting on the instructions of the Majority Lenders) as to the location or relocation re-location of the Earnings Account; and
(b) execute any documents which the Facility Agent (acting on the instructions of the Majority Lenders) specifies to create or maintain in favour favor of the Security Agent, Trustee a Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the Earnings Account.
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Location of Earnings Account. Each The Borrower shall promptly:
(a) comply with any requirement of the Facility Agent (acting on the instructions of the Majority Lenders) as to the location or relocation of the Earnings Account; and
(b) execute any documents which the Facility Agent (acting on the instructions of the Majority Lenders) specifies to create or maintain in favour of the Security Agent, Security over (and/or rights of set-off, consolidation or other rights in relation to) the Earnings Account.
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