Common use of Collection Accounts Clause in Contracts

Collection Accounts. Administrative Agent shall have received duly executed Article 9 Control Agreements and related agreements establishing each Collection Account and, as applicable, each related lockbox, in form and substance and with financial institutions, reasonably satisfactory to Administrative Agent.

Appears in 5 contracts

Sources: Credit Agreement (Forbes Energy Services Ltd.), Credit Agreement (Forbes Energy Services Ltd.), Credit Agreement (Forbes Energy Services Ltd.)

Collection Accounts. Subject to Section 8.16, Administrative Agent shall have received duly executed Article 9 Control Agreements and related agreements establishing each Collection Account and, as applicable, each related lockbox, in form and substance and with financial institutions, reasonably satisfactory to Administrative Agent.

Appears in 2 contracts

Sources: Credit Agreement (BRC Inc.), Credit Agreement (BRC Inc.)

Collection Accounts. Administrative Agent shall have received duly executed Article 9 Control Agreements and related agreements establishing each Collection Account and, as applicable, each related lockbox, in form and substance and with financial institutions, reasonably satisfactory to Administrative Agent.

Appears in 2 contracts

Sources: Credit Agreement and Security Agreement (Alpha Metallurgical Resources, Inc.), Credit Agreement (Alpha Metallurgical Resources, Inc.)