Location of accounts Sample Clauses
Location of accounts. Each Borrower shall promptly:
(a) comply with any requirement of the Agent as to the location or re-location of the Accounts (or any of them); and
(b) execute any documents which the Agent specifies to create or maintain in favour of the Security Trustee a Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the Accounts.
Location of accounts. The Borrower shall promptly:
(a) comply with any requirement of the Lender as to the location or re-location of the Operating Account and the Retention Account (or either of them); and
(b) execute any documents which the Lender specifies to create or maintain in favour of the Lender a Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the Operating Account and the Retention Account.
Location of accounts. Each Borrower shall promptly:
Location of accounts. The Company does and shall at all times keep its records concerning the Accounts at its chief executive offices and chief place of business, which offices and place of business shall be at the address specified in Exhibit 12 hereof, or at such other address as the Company may specify by notice actually received by you not less than ten (10) Business Days prior to such change of address and so long as the Company takes all steps requested by you to perfect your security interest in the Loan Security with respect to such change in location.
Location of accounts. The Borrower shall procure that the Owners shall promptly:
(a) comply with any requirement of the Agent as to the location or re-location of the Earnings Account and the Collateral Account (or either of them); and
(b) execute any documents which the Agent specifies to create or maintain in favour of the Security Trustee a Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the Earnings Account and the Collateral Account.
Location of accounts. The Borrower and each of the Guarantors, as the case may be, shall promptly:
(a) comply with any reasonable requirement of the Agent as to the location or re-location of the Earnings Accounts; and
(b) execute any documents which the Agent specifies to create or maintain in favor of the Security Trustee a Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the Earnings Accounts.
Location of accounts. The Borrowers shall promptly:
(a) comply with any requirement of the Agent as to the location or re-location of the Earnings Accounts and the Retention Account; and
(b) execute the Account Pledge with respect to each Earnings Account and the Retention Account and/or any other documents which the Agent specifies to create or maintain in favor of the Security Trustee a Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) any of the Earnings Accounts and the Retention Account.
Location of accounts. The Borrower and each of the Guarantors, as the case may be, shall promptly:
(a) comply with any requirement of the Agent as to the location or re-location of any Earnings Account and the Retention Account (or any of them); and
(b) execute an Earnings Account Pledge, a Retention Account Pledge and/or any other documents which the Agent specifies to create or maintain in favor of the Security Trustee a Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) any Earnings Account and the Retention Account (or any of them).
Location of accounts. The Borrower and each of the Guarantors, as the case may be, shall promptly:
(a) comply with any requirement of the Agent as to the location or re-location of the Earnings Account, and without limiting the foregoing, the Borrower and each of the Guarantors agree to segregate the Earnings Account from the banking platform on which their other accounts are located or designated; and
(b) execute any documents which the Agent specifies to create or maintain in favor of the Security Trustee a Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the Earnings Account.
Location of accounts. Each of the Borrower and the Guarantor, as the case may be, shall promptly:
(a) comply with any requirement of the Facility Agent as to the location or re-location of the Earnings Account and the Retention Account (or either of them), and without limiting the foregoing, each of the Borrower and the Guarantor agrees to segregate the Earnings Account and the Retention Account (or any of them) from the banking platform on which their other accounts are located or designated; and
(b) execute any documents which the Facility Agent specifies to create or maintain in favor of the Security Trustee a security interest over (and/or rights of set-off, consolidation or other rights in relation to) the Earnings Account and the Retention Account.