Certain Deposit Accounts. With respect to any deposit account located in California, Hawaii, Idaho, Illinois, or Indiana or any other state in which on the date hereof or hereafter a security interest in a deposit account may be perfected by notifying the bank maintaining such deposit account of a secured party's security interest in such deposit account (each, individually, a "Notice Deposit Account"), the Grantors shall provide to each bank maintaining such a Notice Deposit Account the notice necessary under the laws of the applicable state to perfect the Security Interest in such deposit account.
Appears in 2 contracts
Sources: Security Agreement (Knowles Electronics LLC), Security Agreement (Knowles Electronics LLC)
Certain Deposit Accounts. With respect to any deposit account located in California, Hawaii, Idaho, Illinois, Illinois or Indiana or any other state in which on the date hereof or hereafter a security interest in a deposit account may be perfected by notifying the bank maintaining such deposit account of a secured party's security interest in such deposit account (each, individually, a "Notice Deposit Account")account, the Grantors shall provide to each bank maintaining such a Notice Deposit Account deposit account the notice necessary under the laws of the applicable state to perfect the Security Interest Secured Parties' security interest in such deposit account.
Appears in 1 contract
Sources: Security Agreement (Donjoy LLC)