Common use of Lock-Box Accounts Clause in Contracts

Lock-Box Accounts. (a) The Pool Receivables constitute “accounts”, “general intangibles” or “tangible chattel paper”, each within the meaning of the applicable UCC.

Appears in 3 contracts

Sources: Receivables Purchase Agreement (Ugi Corp /Pa/), Receivables Purchase Agreement (Ugi Corp /Pa/), Receivables Purchase Agreement (Ugi Corp /Pa/)

Lock-Box Accounts. (a) The Pool Receivables constitute "accounts", "general intangibles" or "tangible chattel paper", each within the meaning of the applicable UCC.

Appears in 2 contracts

Sources: Receivables Purchase Agreement (Ugi Corp /Pa/), Receivables Purchase Agreement (York International Corp /De/)

Lock-Box Accounts. (a) Pool Receivables. The Pool Receivables constitute "accounts", "general intangibles" or "tangible chattel paper", each within the meaning of the applicable UCC.

Appears in 1 contract

Sources: Receivables Purchase Agreement (York International Corp /De/)

Lock-Box Accounts. (a) The Pool Receivables constitute “accounts”, “general intangiblesgeneralintangibles” or “tangible chattel paper”, each within the meaning of the applicable UCC.

Appears in 1 contract

Sources: Receivables Purchase Agreement (Carpenter Technology Corp)

Lock-Box Accounts. (a) The Pool Receivables constitute “accounts”, “general intangibles” or “tangible chattel paper”, each within the meaning of the applicable UCC. (b) Lock-Box Accounts. Each Lock-Box Account constitutes a “deposit account” within the meaning of the applicable UCC.

Appears in 1 contract

Sources: Receivables Purchase Agreement (Ugi Corp /Pa/)