Common use of Lock-Boxes Clause in Contracts

Lock-Boxes. The names and addresses of all the Lock-Box Banks, together with the account numbers of the Lock-Box Accounts of the Seller at such Lock-Box Banks and the names, addresses and account numbers of all accounts to which Collections of the Collateral outstanding before the Initial Advance hereunder have been sent, are specified in Schedule II (which shall be deemed to be amended in respect of terminating or adding any Lock-Box Account or Lock-Box Bank upon satisfaction of the notice and other requirements specified in Section 5.2(k)) and have been confirmed as being operational and in full force and effect as of the New Effective Date. The Seller has not granted or agreed to grant to any Person other than the Administrative Agent and Collateral Custodian an interest in any Lock-Box Account except as disclosed to the Administrative Agent and in a manner consistent with the Intercreditor Agreement.

Lock-Boxes. The names and addresses of all the Lock-Box Banks, together with the account numbers of the Lock-Box Accounts of the Seller at such Lock-Box Banks and the names, addresses and account numbers of all accounts to which Collections of the Collateral outstanding before the Initial Advance hereunder have been sent, are specified in Schedule II (which shall be deemed to be amended in respect of terminating or adding any Lock-Box Account or Lock-Box Bank upon satisfaction of the notice and other requirements specified in Section 5.2(k)) and have been confirmed as being operational and in full force and effect as of the New Effective Date. The Seller has not granted or agreed to grant to any Person other than the Administrative Agent and Collateral Custodian an interest in any 77 Lock-Box Account except as disclosed to the Administrative Agent and in a manner consistent with the Intercreditor Agreement.