Common use of Lockbox Bank Clause in Contracts

Lockbox Bank. All Collections and other amounts received by the Borrower Parties from any account debtor, in addition to all other cash received from any other source, shall upon receipt be deposited into a Collection Account. Termination of such arrangements shall also be subject to approval by the Agent. Upon the terms and subject to the conditions set forth in the Lockbox Agreements, all available amounts held in each Collection Account shall be wired each Business Day into an account for each Borrower Party (each, a "Concentration Account") maintained by the Agent at Bankers Trust (Delaware).

Lockbox Bank. All Collections and other amounts received by the a Borrower Parties from any account debtor, in addition to all other cash received from any other source, shall upon receipt be deposited into a Collection Account. Termination of such arrangements shall also be subject to approval by the Agent. Upon the terms and subject to the conditions set forth in the Lockbox Agreements, all available amounts held in each Collection Account shall be wired each Business Day into an account for each Borrower Party (each, a the "Concentration Account") maintained by the Agent at Bankers Trust (Delaware)Company.

Lockbox Bank. All Collections and other amounts received by the any Borrower Parties from any account debtor, in addition to all other cash received from any other source, shall upon receipt be deposited into a Collection Account. Termination of such arrangements shall also be subject to approval by the Agent. Upon the terms and subject to the conditions set forth in the Lockbox Agreements, all available amounts held in each Collection Account of a Borrower shall be wired each Business Day into an account for each Borrower Party (each, a the "Concentration Account") maintained by the Agent at Bankers Trust (Delaware)Company for such Borrower.