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Common use of Lock Box Agreement Clause in Contracts

Lock Box Agreement. The Lender shall have received satisfactory evidence that the Lock Box Agreement is in full force and effect.

Appears in 2 contracts

Sources: Loan and Security Agreement (Intuitive Surgical Inc), Loan and Security Agreement (Computer Motion Inc)

Related Clauses

  • Account Agreement
  • Agency Agreement
  • Collateral Agency Agreement
  • Control Agreement
  • Master Services Agreement

Parent Clauses

  • AFFIRMATIVE COVENANTS
  • CONDITIONS OF LENDING
  • Credit to Be Extended Under This Agreement
  • Deliveries
  • Loan Agreement

Sub-Clauses

  • AUTHORITY TO PERFORM FOR BORROWER - LOCK BOX
  • VERIFICATION OF RECEIVABLES
  • RECEIPT AND CREDIT FOR COLLECTIONS
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