Common use of Lockbox Bank Clause in Contracts

Lockbox Bank. The Lockbox Bank is the only institution holding any deposit account or any other account for receipt of payments from Obligors (except as otherwise contemplated by clause (f) of the definition of Eligible Contract), and no person claiming through or under the Seller has any claim or interest in the Lockbox Account other than the Lockbox Bank; provided, however, that other “Trusts” (as defined in the Lockbox Agreement), the Seller, the Purchaser and, to the extent that Eaglemark or a dealer repurchases any Contract or similar contract, Eaglemark or such dealer shall have an interest in certain other collections therein not related to the Contracts. A true and correct copy of the Lockbox Agreement is attached hereto as Exhibit D.