Common use of Depositary and Other Deposit Accounts Clause in Contracts

Depositary and Other Deposit Accounts. No Grantor shall open any Deposit Accounts unless such Grantor shall have given the Administrative Agent 30 days’ prior written notice of its intention to open any such new Deposit Accounts. The Grantors shall deliver to the Administrative Agent a revised version of Schedule 6 showing any changes thereto within 5 days of any such change. Each Grantor hereby authorizes the financial institutions at which such Grantor maintains a Deposit Account to provide the Administrative Agent with such information with respect to such Deposit Account as the Administrative Agent may from time to time reasonably request, and each Grantor hereby consents to such information being provided to the Administrative Agent. Such Grantor will, upon the Administrative Agent’s request, cause each financial institution at which such Grantor maintains a Deposit Account to enter into a bank agency or other similar agreement with the Administrative Agent and such Grantor, in form and substance satisfactory to the Administrative Agent, in order to give the Administrative Agent “control” (as defined in the UCC) of such Deposit Account.

Depositary and Other Deposit Accounts. No Grantor shall open any Deposit Accounts depositary or other deposit accounts unless such Grantor shall have given the Administrative Agent 30 10 days’ prior written notice of its intention to open any such new Deposit Accountsdeposit accounts. The Grantors shall deliver to the Administrative Agent a revised version of Schedule 6 showing any changes thereto within 5 days five (5) Business Days of any such change. Each Grantor hereby authorizes the financial institutions at which such Grantor maintains a Deposit Account deposit account to provide the Administrative Agent with such information with respect to such Deposit Account deposit account as the Administrative Agent may from time to time reasonably request, and each Grantor hereby consents to such information being provided to the Administrative Agent. Such Each Grantor will, upon the Administrative Agent’s request, will cause each financial institution at which such Grantor maintains a Deposit Account depositary or other deposit account to enter into a bank agency or other similar agreement with the Administrative Agent and such Grantor, in form and substance satisfactory to the Administrative Agent, in order to give the Administrative Agent “control” (as defined in the UCC) of such Deposit Accountaccount.