Establishment and Use of Certain Accounts. (a) LOCK-BOX ACCOUNTS. Prior to the initial purchase hereunder, the Seller shall enter into Lock-Box Agreements establishing the Lock-Box Accounts listed on SCHEDULE II with all of the Lock-Box Banks, and deliver original counterparts thereof to the Agent.
Appears in 2 contracts
Sources: Receivables Purchase Agreement (Vanstar Corp), Receivables Purchase Agreement (Warren S D Co /Pa/)