Lockbox Instructions Sample Clauses

Lockbox Instructions. If (a) any instruction or agreement regarding any Non-Government Receivables Lockbox Account is amended or terminated without the written consent of Agent, (b) any Borrower fails to forward any Collections on Accounts to the applicable Non-Government Receivables Lockbox Account as required pursuant to Section 7(k) of the Guaranty and Security Agreement or (c) any Loan Party directs any Account Debtor to make a payment in respect of any Account to any place, lockbox or Deposit Account other than a Non-Government Receivables Lockbox Account.

Lockbox Instructions. Following the occurrence of a Lockbox Trigger Event and notification thereof by Lender to the Lockbox Banks, any instruction or agreement regarding a Lockbox or the bank accounts related thereto is amended or terminated without the written consent of Lender, or if Borrowers fail, within two (2) Business Days of receipt, to forward Collections it receives with respect to any Accounts to the applicable Lockbox.

Lockbox Instructions. If (a) any instruction or agreement regarding any Government Receivables Lockbox Account, Government Receivables Lockbox (as defined in the Guaranty and Security Agreement), Non-Government Receivables Lockbox Account, Non-Government Receivables Lockbox (as defined in the Guaranty and Security Agreement), Controlled Account Agreement (as defined in the Guaranty and Security Agreement), or Government Receivables Lockbox Account Agreement is either (i) not approved in writing by Agent, or (ii) amended or terminated without the written consent of Agent, (b) any Loan Party fails to forward any Collections in respect of Government Receivables and Non-Government Receivables to the applicable Government Receivables Lockbox Account or Non-Government Receivables Lockbox Account, respectively, as required pursuant to Section 7(k) of the Guaranty and Security Agreement, (c) any Loan Party directs any Account Debtor to make a payment in respect of any Non-Government Receivable to any place, lockbox or Deposit Account other than a Non-Government Receivables Lockbox (as defined in the Guaranty and Security Agreement), or Non-Government Receivables Lockbox Account in violation of Section 7(k) of the Guaranty and Security Agreement, or (d) any Loan Party directs any Government Account Debtor to make a payment in respect of any Government Receivable to any place, lockbox or Deposit Account other than a Government Receivables Lockbox (as defined in the Guaranty and Security Agreement), or Government Receivables Lockbox Account in violation of Section 7(k) of the Guaranty and Security Agreement;

Lockbox Instructions. (a) Amend or terminate any instruction or agreement regarding any Lockbox Account or change the cash management structure in any material respect after the delivery by Administrative Agent of a notice of exclusive control (in compliance with the terms hereof) without the written consent of Administrative Agent, (b) fail to forward any Collections to the applicable Lockbox Accounts as required under Section 2.4(b), or (c) direct any Third-Party Payor to make a payment in respect of any Account to any place or account other than a Lockbox Bank Collection Account or a Lockbox Account (to the extent such directions are not reversed within three (3) Business Days);

Lockbox Instructions. If (a) any instruction or agreement regarding any Government Receivables Lockbox Account, Non-Government Receivables Lockbox Account or Government Receivables Lockbox Account Agreement is amended or terminated by any Loan Party without the written consent of Agent, or any Borrower gives a notice with respect to any Government Receivables Lockbox Account Agreement to change the instructions for the disposition of funds thereunder (provided, that if a Government Receivables Lockbox Account, Non-Government Receivables Lockbox Account or Government Receivables Lockbox Account Agreement is terminated by the applicable depository bank, Loan Parties have complied with Section 7(k) of the Guaranty and Security Agreement),

Lockbox Instructions. If (a) any instruction or agreement regarding any Government Receivables Lockbox Account, Non-Government Receivables Lockbox Account or Government Receivables Lockbox Account Agreement is amended or terminated by any Loan Party without the written consent of Agent, (b) any Borrower or any of its Subsidiaries fails to forward any Collections on Government Receivables to the applicable Government Receivables Lockbox Account, or Non-Government Receivables to the applicable Non-Government Receivables Lockbox Account or to a Deposit Account subject to a Control Agreement in favor of Agent as required pursuant to Section 7(k) of the Guaranty and Security Agreement, or (c) any Borrower or any of its Subsidiaries directs any Account Debtor to make a payment in respect of any Account to any place, lockbox or Deposit Account other than a Government Receivables Lockbox Account or Non-Government Receivables Lockbox Account, as applicable;

Lockbox Instructions. If (a) any instruction or agreement regarding any Government Receivables Lockbox Account, Non-Government Receivables Lockbox Account or Government Receivables Lockbox Account Agreement is amended or terminated by any Loan Party without the written consent of Agent, or any Borrower gives a notice with respect to any Government Receivables Lockbox Account Agreement to change the instructions for the disposition of funds thereunder (provided, that if a Government Receivables Lockbox Account, Non- Government Receivables Lockbox Account or Government Receivables Lockbox Account Agreement is terminated by the applicable depository bank, Loan Parties have complied with Section 7(k) of the Guaranty and Security Agreement), (b) any Loan Party fails to forward any Collections on Accounts to the applicable Government Receivables Lockbox Account or Non-Government Receivables Lockbox Account as required pursuant to Section 7(k) of the Guaranty and Security Agreement, or (c) any Loan Party directs any Account Debtor to make a payment in respect of any Account to any place, lockbox or Deposit Account other than a Government Receivables Lockbox Account or Non-Government Receivables Lockbox Account, as applicable;

Lockbox Instructions. If (a) any instruction or agreement regarding any Government Receivables Lockbox Account, Non-Government Receivables Lockbox Account or Government Receivables Lockbox Account Agreement is amended or terminated without the written consent of Agent, (b) any Loan Party fails to forward any Collections on Receivables to the applicable Government Receivables Lockbox Account or Non-Government Receivables Lockbox Account as required pursuant to Section 7(k) of the Guaranty and Security Agreement, or (c) any Loan Party directs any Account Debtor to make a payment in respect of any Receivables to any place, lockbox or Deposit Account other than a Government Receivables Lockbox Account or Non-Government Receivables Lockbox Account, as applicable;