Lockbox Agent. 9 2.41 Lockbox Agreement..................................... 9 2.42 Mandatory Prepayment.................................. 9 2.43
Lockbox Agent. XX Xxxxxx Xxxxx Bank, a New York banking association having a place of business at 2200 Xxxx Xxxxxx, Dallas, Texas 75201, or such other financial institution as may be approved by Lender in writing from time to time.
Lockbox Agent. OnBank & Trust Company or such other Person as Lender engages, in its sole discretion, at Borrower's sole cost and expense, to receive, deposit, and disburse all amounts paid by or on behalf of each Applicable Underlying Borrower and each Applicable Underlying Guarantor in accordance with the terms, provisions, and conditions hereof, of the Lockbox Agreement, and of the Applicable Underlying Loan Documents.
Lockbox Agent. Such banking institution selected by Borrower and approved by Lender to act as the depositary of payments on the Financed Notes Receivable under the Lockbox Agreement.
Lockbox Agent. Manufacturers and Traders Trust Company, a banking company organized under the laws of the State of New York, or such other Person as Lender engages, in its discretion, at Borrower's sole cost and expense, to receive, deposit, and disburse all amounts paid with respect to the Pledged Consumer Notes Receivable and the Purchased Consumer Notes Receivable and all other amounts paid by or on behalf of each Applicable Underlying Developer and each Applicable Underlying Guarantor in accordance with the terms, provisions, and conditions hereof, of the Lockbox Agreement, and of the Applicable Underlying Transaction Documents.
Lockbox Agent. The JX Xxxxxx Chase Bank, a New York banking association having a place of business at 2000 Xxxx Xxxxxx, Dallas, Texas 75201, Wxxxx Fargo, or such other financial institution as may be approved by Agent in writing from time to time.
Lockbox Agent. M&T Consolidated Trust [?] or such other Person as Lender may decide to engage, in its sole discretion, at Borrower's sole cost and expense, to receive, deposit, and disburse all amounts paid by or on behalf of each Applicable Underlying Borrower in accordance with the terms, provisions, and conditions hereof, of the Lockbox Agreement, and of the Applicable Underlying Loan Documents.
Lockbox Agent. JPMorgan Chase Bank, N.A., or such other Person as may be approved by Lender in writing from time to time, as Lender's exclusive agent for the collection of all payments made on the Pledged Notes Receivable. RECEIVABLES LOAN AND SECURITY AGREEMENT
Lockbox Agent. Lockbox Agent, as agent for Lender, shall collect payments on all Instruments constituting Receivables Collateral and remit them to Lender on the last day of each and every month according to the terms of the Servicing Agreement, Lockbox Agreement and Services and Fees Agreement. Borrower will immediately forward all payments received by it on Eligible Instruments which are a great of the Receivables Collateral prior to an Event of Default, and on all Instruments which are a part of the Receivables Collateral after an Event of Default, to Lockbox Agent for Lender; provided, however, the obligation to make, or any requirement that Lender receive, payments called for in the Loan Documents with respect to the Receivables Loan will not be deemed satisfied until Lender actually receives such payments from Lockbox Agent. For the purpose of determining the adequacy of such payments, Borrower will cause Servicing Agent to furnish to Lender and Borrower at Borrower's cost and expense, no later than the 10th day of each month commencing with the first full calendar month following the date hereof, a report meeting the following requirements: (i) shows as the end of the prior month with respect to each Instrument which is used in making Borrowing Base computations or otherwise constitutes part of the Receivables Collateral (A) all payments received during the prior month on the Instrument, allocated as between principal, interest, late charges, taxes and the like, (B) the opening and closing balances during the prior month on each such Instrument, (C) present value (if required by Lender) and (D) extensions, refinances, prepayments, and other similar adjustments; and (ii) itemizes the Instruments which are used in making Borrowing Base computations or otherwise constitute part of the Receivables Collateral to show delinquencies of 30, 60, 90 and in excess of 90 days. On the basis of such reports, Lender will compute the amount, if any, which was due and payable by Borrower on the Receivables Loan on the last day of the preceding month and will notify Borrower as soon as possible of any amount due. If such reports are not timely received, Lender may estimate the amount which was due and payable; and, in such event, Borrower will pay upon demand the amount estimated by Lender to be due and payable, or prove to Lender that no amount, or a lesser amount, is so due and payable. If payment is made on the basis of Lender's estimate and thereafter reports required by this se...
Lockbox Agent. Seafirst Bank or such other Person as Lender engages, in its sole discretion, at Borrower's sole cost and expense, as Lender's exclusive agent to receive, deposit, and disburse all amounts paid by or on behalf of each Purchaser or other obligor pursuant to any Pledged Note Receivable to which such Purchaser or other obligor is a party.
