Lockbox Letter definition

Lockbox Letter has the meaning specified in the Security Agreement. --------------
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
Lockbox Letter shall have the meaning ascribed to such phrase in Section 2.5(s) hereof.
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").

  • 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 any Lockbox Bank of the related Lockbox Letter, the Agent will have exclusive ownership and control of the Lockbox Account at such Lockbox Bank.

  • 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.

  • Each of Seller and Parent has the requisite corporate power to execute and to deliver this Agreement, the Escrow Agreement, the Supply and Services Agreement, a supplemental lockbox procedures letter agreement with Foothill Capital Corporation substantially in the form attached hereto as Exhibit D (the "Lockbox Letter Agreement") and the Trademark License Agreement (collectively, the "Transaction Documents") and to perform the transactions contemplated by the Transaction Documents to be performed by them.

  • 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.


More Definitions of Lockbox Letter

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 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 with respect to an account established by a Loan Party, an agreement, substantially in the form of Exhibit L hereto or otherwise in form and substance reasonably satisfactory to the Collateral Agent, establishing Control (as defined in the Security Agreement) of such account by the Collateral Agent and whereby the bank maintaining such account agrees, during any Cash Dominion Trigger Period, to comply only with the instructions originated by the Collateral Agent without the further consent of any Loan Party.

  • 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 means the Cash Management Agreement among Borrower, Cash Management Account Bank and Lender providing for the exclusive control of the Cash Management Account and all other Subaccounts by Lender, substantially in the form of Exhibit A or such other form as may be reasonably acceptable to Lender, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time.

  • 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 each agreement substantially in the form of Exhibit VI, or such other form as may be acceptable to the Agent, among the applicable Originator, a Seller, Collection Bank and the Agent, as it may be amended, restated, supplemented or otherwise modified and in effect from time to time.

  • 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, or (as the case may be) apply any value distributed on account of any commodity contract as directed by Agent, in each case, without the further consent of such Borrower or Guarantor and including 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, on any date, the Disbursement Agreement, as originally in effect on the Closing Date, among the Borrower, Holdings, the Administrative Agent, the Discount Note Indenture Trustee, the Disbursement Agent, the Servicing Agent and the Securities Intermediary and as thereafter from time to time amended, supplemented, amended and restated or otherwise modified.

  • 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 reasonably satisfactory to the Administrative Agent, among any Loan Party, a banking institution holding such Loan Party’s funds, and the Administrative Agent with respect to collection and control of all deposits and balances held in a deposit account maintained by such Loan Party with such banking institution.

  • 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).