Lockbox Agreements definition

Lockbox Agreements means collectively, the Lockbox Account Agreement and the Lockbox Processing Agreement.

Lockbox Agreements means those certain Lockbox Operating Procedural Agreements and those certain Depository Account Agreements, in form and substance satisfactory to Foothill, each of which is among Borrower, Foothill, and one of the Lockbox Banks.

Lockbox Agreements means those certain Lockbox Operating Procedural Agreements and those certain Depository Account Agreements, in form and substance satisfactory to Agent, each of which is among Borrower, Agent, and one of the Lockbox Banks.

Examples of Lockbox Agreements in a sentence

• If requested by the Controlling Party (acting at the written direction of the Majority Noteholders), the successor Servicer shall terminate the Lockbox Agreements and direct the Obligors to make all payments under the Receivables directly to the successor Servicer (in which event the successor Servicer shall process such payments in accordance with Section 4.2(e)), or to a lockbox established by the successor Servicer at the direction of the Majority Noteholders, at the successor Servicer’s expense.

• In the event of a termination of the Servicer, the successor Servicer shall assume all of the rights and obligations of the outgoing Servicer under the Lockbox Agreements subject to the terms hereof.

• In such event, the successor Servicer shall be deemed to have assumed all of the outgoing Servicer’s interest therein and to have replaced the outgoing Servicer as a party to each such Lockbox Agreement to the same extent as if such Lockbox Agreements had been assigned to the successor Servicer, except that the outgoing Servicer shall not thereby be relieved of any liability or obligations on the part of the outgoing Servicer to the Lockbox Bank or the Lockbox Processor under such Lockbox Agreements.

• The outgoing Servicer shall, upon request of the Trust Collateral Agent, but at the expense of the outgoing Servicer, deliver to the successor Servicer all documents and records relating to each such Lockbox Agreement and an accounting of amounts collected and held by the Lockbox Processor and the Lockbox Bank and otherwise use its best efforts to effect the orderly and efficient transfer of the Lockbox Agreements to the successor Servicer.

• Notwithstanding any Lockbox Agreement, or any of the provisions of this Agreement relating to the Lockbox Agreements, the Servicer shall remain obligated and liable to the Trust, the Trust Collateral Agent and Noteholders for servicing and administering the Receivables and the Other Conveyed Property in accordance with the provisions of this Agreement without diminution of such obligation or liability by virtue thereof.

More Definitions of Lockbox Agreements

Lockbox Agreements have the respective meanings set forth in Section 2.7.

Lockbox Agreements means any lockbox or other agreement entered into by the Borrower or a Significant Subsidiary with the Agent or any Bank pursuant to which a lockbox and deposit account shall be established for the Borrower or a Significant Subsidiary into which payments on the Borrower's or such Significant Subsidiary's accounts or other Collateral shall be sent and deposited, each in form and substance satisfactory to the Agent, as the same may be amended or otherwise modified.

Lockbox Agreements has the meaning set forth in Section 5(A).

Lockbox Agreements means that certain Lockbox Operating Procedural Agreements -- Governmental Receivables to be entered into between the Collecting Bank as to Governmental Receivables and that certain Lockbox Operating Procedural Agreement -- Non-Governmental Receivables to be entered between the Collecting Bank, Lender and TOC as to Accounts which are not Governmental Receivables, in a form acceptable to counsel for Company.

Lockbox Agreements. The “DACA” as defined in the Cash Management Agreement.

Lockbox Agreements means any agreement relating to the provision of lockbox or other account services.

Lockbox Agreements means those certain lockbox agreements and those ------------------ certain depository agreements, in form and substance reasonably satisfactory to Agent, each of which is among Borrower, Agent, and one of the Lockbox Banks executed in connection with the Pre-Relief Date Loan Agreement, which Lockbox Agreements shall continue and be of force and effect in connection with this Agreement.