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Common use of Lock-Box Accounts Clause in Contracts

Lock-Box Accounts. With respect to all Lock-Box Accounts (and all related lock-boxes), the Seller has delivered to the Administrator, on behalf of the Issuer, a fully executed Lock-Box Agreement pursuant to which the applicable Lock-Box Bank has agreed, following the occurrence and continuation of a Termination Event, to comply with all instructions given by the Administrator with respect to all funds on deposit in such Lock-Box Account (and all funds sent to the respective lock-box), without further consent by the Seller or the Servicer.

Appears in 4 contracts

Samples: Receivables Purchase Agreement (Ugi Corp /Pa/), Receivables Purchase Agreement (Ugi Corp /Pa/), Receivables Purchase Agreement (Ugi Corp /Pa/)

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Lock-Box Accounts. With respect to all Lock-Box Accounts (and all related lock-boxes), the Seller has delivered to the Administrator, on behalf of the IssuerPurchasers, a fully executed Lock-Box Agreement pursuant to which the applicable Lock-Box Bank has agreed, following the occurrence and continuation of a Termination Event, to comply with all instructions given by the Administrator with respect to all funds on deposit in such Lock-Box Account (and all funds sent to the respective lock-box), without further consent by the Seller or the Servicer.

Appears in 3 contracts

Samples: Receivables Purchase Agreement (Bearingpoint Inc), Receivables Purchase Agreement (York International Corp /De/), Receivables Purchase Agreement (York International Corp /De/)

Lock-Box Accounts. With respect to all Lock-Box Lock‑Box Accounts (and all related lock-boxes), the Seller has delivered to the Administrator, on behalf of the Issuer, a fully executed Lock-Box Lock‑Box Agreement pursuant to which the applicable Lock-Box Lock‑Box Bank has agreed, following the occurrence and continuation of a Termination Event, to comply with all instructions given by the Administrator with respect to all funds on deposit in such Lock-Box Lock‑Box Account (and all funds sent to the respective lock-box), without further consent by the Seller or the Servicer.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Ugi Corp /Pa/)

Lock-Box Accounts. With respect to all Lock-Box Accounts (and all related lock-boxes)Accounts, the Seller has delivered to the Administrator, on behalf of the Issuer, a fully executed Lock-Box Agreement pursuant to which the applicable Lock-Box Bank has agreed, following the occurrence and continuation of a Termination Event, to comply with all instructions given by the Administrator with respect to all funds on deposit in such Lock-Box Account (and all funds sent to the respective lock-box), without further consent by the Seller or the Servicer.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Werner Holding Co Inc /Pa/)

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Lock-Box Accounts. With respect to all Lock-Box Accounts (and all related lock-boxes), the Seller has delivered to the Administrator, on behalf of the Issuer, a fully executed Lock-Box Agreement pursuant to which the applicable Lock-Box Bank has agreed, following the occurrence and continuation of a any Termination EventEvent or Unmatured Termination Event described in paragraph (f) of Exhibit V, to comply with all instructions given by the Administrator with respect to all funds on deposit in such Lock-Box Account (and all funds sent to the respective lock-box), without further consent by the Seller or the Servicer.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Carpenter Technology Corp)

Lock-Box Accounts. With respect to all Lock-Box Accounts (and all related lock-boxes), the Seller has delivered to the Administrator, on behalf of the Issuer, a fully executed Lock-Box Agreement pursuant to which the applicable Lock-Box Bank has agreed, following the occurrence and continuation of a any Termination EventEvent or Unmatured Termination Event described in paragraph (f) of Exhibit V, to comply with all instructions given by the Administrator with respect to all funds finds on deposit in such Lock-Box Account (and all funds sent to the respective lock-box), without further consent by the Seller or the Servicer.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Carpenter Technology Corp)

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