PERMITTED WITHDRAWALS FROM THE LOCKBOX ACCOUNT Sample Clauses

PERMITTED WITHDRAWALS FROM THE LOCKBOX ACCOUNT. The Trustee shall have the sole right to withdraw funds from the Lockbox Account and shall, on a daily basis, withdraw all deposits to the Lockbox Account and transfer such funds to the Collection Account established under the Indenture. The Trustee shall cause the entity holding the Lockbox Account to forward funds held therein as provided herein.
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PERMITTED WITHDRAWALS FROM THE LOCKBOX ACCOUNT. The Servicers shall have the sole right to withdraw funds from the Lockbox Account and shall, on a daily basis, withdraw all deposits to the Lockbox Account and transfer such funds to the Collection Account established under the Indenture. The Trustee shall cause the entity holding the Lockbox Account to forward funds held therein as provided herein.
PERMITTED WITHDRAWALS FROM THE LOCKBOX ACCOUNT. The Servicer shall, subject to the following paragraphs of this Section 3.06, withdraw amounts deposited in the Lockbox Account pursuant to the terms hereof in the following order of priority:
PERMITTED WITHDRAWALS FROM THE LOCKBOX ACCOUNT. On a daily basis, all deposits to the Lockbox Account shall be withdrawn automatically and transferred to the Collection Account established under the Credit Agreement. The Agent shall cause the entity holding the Lockbox Account to forward funds held therein as provided herein.

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