Common use of Lockbox Agreement Clause in Contracts

Lockbox Agreement. An agreement among Borrower, Lender and Lockbox Agent providing for the receipt by Lockbox Agent of payments on the Financed Notes Receivable and disbursement of such payments to Lender.

Appears in 3 contracts

Samples: Acquisition and Renovation Loan Agreement (Mego Financial Corp), Loan and Security Agreement (Mego Financial Corp), Loan and Security Agreement (Bluegreen Corp)

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Lockbox Agreement. An agreement A Lockbox Agreement or Blocked Account Agreement among Borrower, Lender and Lockbox Agent, pursuant to which Lockbox Agent providing agrees to provide for the receipt by Lockbox Agent and deposit of payments on the Financed Notes Receivable and disbursement of such payments to Lender, as well as certain financial reporting services.

Appears in 1 contract

Samples: Loan Agreement (Cr Resorts Capital S De R L De C V)

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Lockbox Agreement. An agreement among between Borrower, Lender and Lockbox Agent ------------------ Collection Agent, as may be amended from time to time, providing for the receipt by Lockbox Collection Agent of payments on the Financed Notes Receivable and disbursement of such payments to Lender.

Appears in 1 contract

Samples: Loan and Security Agreement (Mego Financial Corp)

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