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Lockbox Letter definition

Lockbox Letter has the meaning set forth in the Security Agreement.
Sample 1
Lockbox Letter means a lockbox letter, substantially in the form of Exhibit A hereto, duly executed by the Grantor and a bank in accordance with Section 6.
Sample 1
Lockbox Letter means a lockbox letter substantially in the form of Exhibit A hereto, delivered to a bank or financial institution, pursuant to which a lockbox account is irrevocably assigned to the Collateral Trustee.
Sample 1

Examples of Lockbox Letter in a sentence

  • Schedule 1 Equity Interests in Subsidiaries and Affiliates Owned by the Borrower Schedule 2 Other Equity Interests Owned by the Borrower EXHIBITS: -------- Exhibit A Perfection Certificate Exhibit B Form of Lockbox Letter Exhibit C Form of Issuer Control Agreement SECURITY AGREEMENT AGREEMENT dated as of August 24, 2001 between EQUISTAR CHEMICALS, LP (with its successors, the "Borrower") and THE CHASE MANHATTAN BANK, as Collateral Agent (with its successors, the "Collateral Agent").

  • Counterparts.....................................................33 Schedule 1 -- Equity Interests Exhibit A -- Form of Perfection Certificate Exhibit B -- Form of Lockbox Letter Exhibit C -- Form of Security Agreement Supplement Exhibit D -- Form of Copyright Security Agreement Exhibit E -- Form of Patent Security Agreement Exhibit F -- Form of Trademark Security Agreement SECURITY AGREEMENT AGREEMENT dated as of September 28, 1998 among TOY BIZ, INC.

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  • The Banks hereby consent to the Company changing its present lockbox account with the Designated Lockbox Bank to a new interest bearing lockbox account ("NEW LOCKBOX ACCOUNT") with the Designated Lockbox Bank (as defined in the Company Security Agreement); provided that the New Lockbox Account shall be subject to the provisions of the Company Security Agreement and a Lockbox Letter substantially in the form Exhibit G thereto.

  • The Seller has not granted any interest in any Lockbox or Lockbox Account to any Person other than the Agent and, upon delivery to a Lockbox Bank of the related Lockbox Letter, the Agent will have exclusive ownership and control of the Lockbox Account at such Lockbox Bank.

  • The Seller has not granted any interest in any Lockbox or Lockbox Account to any Person other than the Agent and, upon delivery to any Lockbox Bank of the related Lockbox Letter, the Agent will have exclusive ownership and control of the Lockbox Account at such Lockbox Bank.


More Definitions of Lockbox Letter

Lockbox Letter shall have the meaning ascribed to such phrase in Section 2.5(s) hereof.
Sample 1
Lockbox Letter means a letter agreement between a depository bank and the Administrative Agent, substantially in the form attached hereto as Exhibit I-1.
Sample 1

Related to Lockbox Letter

  • Lockbox Account Agreement means any replacement agreement therefor among the Servicer, the Trust Collateral Agent and the Lockbox Bank.

  • Lockbox Agreement means each agreement between a Borrower and a Clearing Bank concerning the establishment of a Lockbox for the collection of Receivables.

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

  • Lockbox has the meaning set forth in Section 2.11.

  • Lockbox Processor means Regulus Group II LLC, or its successors or assigns.

  • Lockbox Bank means a depository institution named by the Servicer and acceptable to the Controlling Party.

  • Blocked Account Agreement means an agreement among the Borrower, the Agent and a Clearing Bank, in form and substance reasonably satisfactory to the Agent, concerning the collection of payments which represent the proceeds of Accounts or of any other Collateral.

  • Lock-Box Agreement With respect to any Mortgage Loan or Serviced Loan Combination, the lock-box or other similar agreement, if any, between the related originator(s) and the Mortgagor, pursuant to which the related Lock-Box Account, if any, may have been established.

  • Blocked Account Agreements has the meaning set forth in Section 2.22(c).

  • Lockbox Accounts means the accounts maintained by Borrower at the Lockbox Banks into which all collections or payments on their Accounts and other Collateral are paid.

  • Blocked Account Control Agreement shall have the meaning attributed to such term in the Security Agreement.

  • Deposit Account Agreement means the Deposit Account Agreement and Disclosure, as may be amended from time to time, issued by the Custodian and available on the Custodian’s internet customer portal, “xx.xxxxxxxxxxx.xxx”.

  • Account Agreement means the agreements for the operation of the Account.

  • Collection Account Agreement means an agreement in form reasonably acceptable to the Administrative Agent among Buyer, the Administrative Agent and a Collection Bank.

  • Investment Property Control Agreement means an agreement in writing, in form and substance satisfactory to Agent, by and among Agent, any Borrower or Guarantor (as the case may be) and any securities intermediary, commodity intermediary or other person who has custody, control or possession of any investment property of such Borrower or Guarantor acknowledging that such securities intermediary, commodity intermediary or other person has custody, control or possession of such investment property on behalf of Agent, that it will comply with entitlement orders originated by Agent with respect to such investment property, or other instructions of Agent, and has such other terms and conditions as Agent may require.

  • Lockbox Account shall have the meaning set forth in Section 2.7.1 hereof.

  • Collection Account Control Agreement means that certain Collection Account Control Agreement, to be entered into by and among the Borrower, the Lender and Bank, with respect to the Collection Account, in form and substance acceptable to the Lender and the Borrower, as the same may be amended, modified or supplemented from time to time.

  • Disbursement Letter means an instructional letter executed and delivered by Borrower to Agent regarding the extensions of credit to be made on the Closing Date, the form and substance of which is satisfactory to Agent.

  • Control Agreement is any control agreement entered into among the depository institution at which Borrower maintains a Deposit Account or the securities intermediary or commodity intermediary at which Borrower maintains a Securities Account or a Commodity Account, Borrower, and Bank pursuant to which Bank obtains control (within the meaning of the Code) over such Deposit Account, Securities Account, or Commodity Account.

  • Account Agreements means any lockbox account agreement, pledged account agreement, blocked account agreement, securities account control agreement, or any similar deposit or securities account agreements among the Notes Agent and/or the ABL Agent, one or more Grantors and the relevant financial institution depository or securities intermediary.

  • Disbursement Agreement means the Master Disbursement Agreement, dated as of the Closing Date, by and among the Administrative Agent, the Bank Facilities Administrative Agent, the Disbursement Agent, the Borrowers and LCR, in substantially the form of Exhibit D-3 hereto, as the same may be amended, supplemented, amended and restated, or otherwise modified in accordance with the terms hereof and thereof.

  • Lockboxes has the meaning set forth in Section 2.7.

  • Collateral Account Agreement means the Collateral Account Agreement executed and delivered by Company and Administrative Agent on the Closing Date, substantially in the form of EXHIBIT XXIII annexed hereto, as such Collateral Account Agreement may hereafter be amended, supplemented or otherwise modified from time to time.

  • Deposit Account Control Agreement means an agreement, in form and substance satisfactory to the Agent (in its Permitted Discretion), among any Loan Party, a banking institution holding such Loan Party’s funds, and the Agent with respect to collection and control of all deposits and balances held in a deposit account maintained by any Loan Party with such banking institution, as amended, supplemented or otherwise modified from time to time in accordance with the terms thereof.

  • Processing Agreement means the agreement (as amended from time to time) ratified by the Iron Ore Processing (BHP Minerals)

  • Blocked Account has the meaning provided in Section 6.13(a)(ii).

Most Referenced Clauses

Most Referenced Definitions