No Rights of Withdrawal. Until the Collection Date, the Borrower shall have no rights of direction or withdrawal, with respect to amounts held in the Collection Account or the Lockbox Account, except with respect to funds not related to any Pledged Assets, which were incorrectly deposited into any such account.
Appears in 10 contracts
Samples: Receivables Loan and Security Agreement (LEAF Equipment Leasing Income Fund III, L.P.), Receivables Loan and Security Agreement (LEAF Equipment Leasing Income Fund III, L.P.), Receivables Loan and Security Agreement (LEAF Equipment Finance Fund 4, L.P.)
No Rights of Withdrawal. Until the Collection Date, the Borrower shall have no rights of direction or withdrawal, with respect to amounts held in the Collection Account, the Collection Sub-Account or the Lockbox Account, except with respect to funds not related to any Pledged Assets, which were incorrectly deposited into any such account.
Appears in 2 contracts
Samples: Receivables Loan and Security Agreement (LEAF Equipment Finance Fund 4, L.P.), Receivables Loan and Security Agreement (LEAF Equipment Finance Fund 4, L.P.)
No Rights of Withdrawal. Until the Collection Date, the Borrower shall have no rights of direction or withdrawal, withdrawal with respect to amounts held in the Collection Account, the Lockbox Account or the Lockbox AccountLockbox, except with respect to funds not related to any Pledged Assets, which were incorrectly deposited into any such accountas provided for herein.
Appears in 2 contracts
Samples: Receivables Loan and Security Agreement (Silverleaf Resorts Inc), Receivables Loan and Security Agreement (Silverleaf Resorts Inc)
No Rights of Withdrawal. Until the Collection Date, the Borrower shall have no rights of direction or withdrawal, withdrawal with respect to amounts held in the Collection Account or the Lockbox Account, except with respect to funds not related to any Pledged Assets, which were incorrectly deposited into any such accountas provided for herein.
Appears in 2 contracts
Samples: Receivables Loan and Security Agreement (Maxtor Corp), Receivables Loan and Security Agreement (Maxtor Corp)
No Rights of Withdrawal. Until the Collection Date, the Borrower shall have no rights of direction (except with respect to Permitted Investments as set forth herein) or withdrawal, withdrawal with respect to amounts held in the Collection Account or the Lockbox Account, except with respect to funds not related to any Pledged Assets, which were incorrectly deposited into any such account.
Appears in 1 contract
Samples: Receivables Loan and Security Agreement (Us Home Systems Inc /Tx)
No Rights of Withdrawal. Until the Collection Date, the Borrower shall have no rights of direction or withdrawal, withdrawal with respect to amounts held in the Collection Account, the Lockbox Account or the Lockbox Accountany Lockbox, except with respect to funds not related to any Pledged Assets, which were incorrectly deposited into any such accountas provided for herein.
Appears in 1 contract
Samples: Receivables Loan and Security Agreement (Equivest Finance Inc)
