Treasury Management Services. Commencing with the Closing Date, each Loan Party agrees to diligently pursue the transition of all of its lockbox deposit accounts and Deposit Accounts to BMO Xxxxxx Bank N.A., and commencing with the date which is 120 days after the Closing Date (or such later date as the Administrative Agent may agree), each Loan Party shall maintain all of its lockbox deposit accounts and Deposit Accounts exclusively with BMO Xxxxxx Bank N.A. and shall utilize BMO Xxxxxx Bank N.A. for its primary disbursement account and other Treasury Management and Other Services.
Appears in 2 contracts
Samples: Credit Agreement (Lifecore Biomedical, Inc. \De\), Assignment and Assumption (Landec Corp \Ca\)
Treasury Management Services. Commencing with the Closing Date, each Loan Party agrees to diligently pursue the transition of all of its lockbox deposit accounts and Deposit Accounts to BMO Xxxxxx Bank N.A., and commencing with the date which is 120 days after the Closing Date (or such later date as the Administrative Agent may agree), each Loan Party shall maintain all of its lockbox deposit accounts and Deposit Accounts exclusively with BMO Xxxxxx Bank N.A. and shall utilize BMO Xxxxxx Bank N.A. for its primary disbursement account and other Treasury Management and Other Services.. 7.20 [Intentionally Omitted]. 7.21
Appears in 1 contract
Treasury Management Services. 121 Commencing with the Closing Date, each Loan Party agrees to diligently pursue the transition of all of its lockbox deposit accounts and Deposit Accounts to BMO Xxxxxx Bank N.A., and commencing with the date which is 120 days after the Closing Date (or such later date as the Administrative Agent may agree), each Loan Party shall maintain all of its lockbox deposit accounts and Deposit Accounts exclusively with BMO Xxxxxx Bank N.A. and shall utilize BMO Xxxxxx Bank N.A. for its primary disbursement account and other Treasury Management and Other Services.
Appears in 1 contract
Treasury Management Services. Commencing with the Closing Date, each Loan Party agrees to diligently pursue the transition of all of its lockbox deposit accounts and Deposit Accounts to BMO Xxxxxx Bank N.A., and commencing with the date which is 120 days after the Closing Date (or such later date as the Administrative Agent may agree), each Loan Party shall maintain all of its lockbox deposit accounts and Deposit Accounts exclusively with BMO Xxxxxx Bank N.A. and shall utilize BMO Xxxxxx Bank N.A. for its primary disbursement account and other Treasury Management and Other Services.
Appears in 1 contract
Samples: Credit Agreement (Synalloy Corp)
Treasury Management Services. Commencing with the Closing Date, each Loan Party agrees to diligently pursue the transition of all of its lockbox deposit accounts and Deposit Accounts to BMO Xxxxxx Bank N.A., and commencing with the date which is 120 days after the Closing Date (or such later date as the Administrative Agent may agree), each Loan Party shall maintain all of its lockbox deposit accounts and Deposit Accounts exclusively with BMO Xxxxxx Bank N.A. and shall utilize BMO Xxxxxx Bank N.A. for its primary disbursement account and other Treasury Management and Other Services.. 7.20
Appears in 1 contract