Nature of Accounts. Each Lock-Box Account constitutes a “deposit account” within the meaning of the applicable UCC.
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Samples: Receivables Purchase Agreement (Kelly Services Inc), Receivables Purchase Agreement (Knight-Swift Transportation Holdings Inc.), Receivables Purchase Agreement (Knight-Swift Transportation Holdings Inc.)
Nature of Accounts. Each Lock-Box Account and Collection Account constitutes a “deposit account” within the meaning of the applicable UCC.
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