Common use of Lock-Box Accounts Clause in Contracts

Lock-Box Accounts. No Borrower shall establish or open any lockbox or blocked account with any Person (other than the Lender) after the Closing Date.

Appears in 4 contracts

Samples: Term Loan and Security Agreement (Summit Healthcare REIT, Inc), Term Loan and Security Agreement (Summit Healthcare REIT, Inc), Term Loan and Security Agreement (Summit Healthcare REIT, Inc)

AutoNDA by SimpleDocs

Lock-Box Accounts. No The Borrower shall not establish or open any lockbox or blocked account with any Person (other than the Lender) after the Closing Date.

Appears in 2 contracts

Samples: Term Loan and Security Agreement (Summit Healthcare REIT, Inc), Term Loan and Security Agreement (Cornerstone Core Properties REIT, Inc.)

Lock-Box Accounts. No Borrower shall not establish or open any deposit account, lockbox or blocked account with any Person (other than the Lender) after the Closing Date.

Appears in 1 contract

Samples: Mezzanine Term Loan and Security Agreement (Summit Healthcare REIT, Inc)

Lock-Box Accounts. No Borrower shall establish or open any deposit account or any lockbox or blocked account with any Person (other than the LenderAgent) after the Closing Date.

Appears in 1 contract

Samples: Term Loan and Security Agreement (Summit Healthcare REIT, Inc)

AutoNDA by SimpleDocs

Lock-Box Accounts. No Borrower shall establish or open any deposit account or any lockbox or blocked account with any Person (other than the LenderSenior Agent) after the Closing Date.

Appears in 1 contract

Samples: Subordinated Term Loan and Security Agreement (Summit Healthcare REIT, Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.