Post Office Box Clause Samples

Post Office Box. On or prior to the next billing period after the Cutoff Date, the Seller will notify each Obligor to make payments with respect to its respective Receivables after the Cutoff Date directly to the Post-Office Box, and will provide each Obligor with a monthly statement in order to enable such Obligors to make payments directly to the Post-Office Box.

Post Office Box. All payments and other proceeds of any type and from any source on or with respect to the Receivables that are delivered to a Post Office Box shall be the property of the Trust, subject to the Lien of the Indenture and the rights of the Indenture Trustee thereunder.

Post Office Box. Prior to the date on which the Settlement Administrator initiates the Notice, the Settlement Administrator shall establish a designated USPS P.O. Box to accept correspondence and claims from Settlement Class Members.

Post Office Box. The Claims Administrator shall maintain, and the GEICO COMPANIES shall pay the costs incurred in maintaining, a post office box to be utilized for receiving correspondence and other communications from Settlement Class Members. Only the Claims Administrator, Class Counsel, the GEICO COMPANIES, the GEICO COMPANIES’ Counsel and their designated agents shall have access to this post office box, except as otherwise expressly provided in the Settlement Agreement. The Claims Administrator shall also promptly furnish Class Counsel and Counsel for the GEICO COMPANIES copies of any and all objections, Opt-Out Requests, motions to intervene, notices of intention to appear, and other communications that come into its possession except as expressly provided in the Settlement Agreement.

Post Office Box. If an Event of Default has occurred or is continuing, Borrower agrees to acquire at its expense a post office box in the place designated by Bank, to which Bank and its designees alone shall have access. (Borrower acknowledges that Ad Art will be subject to a lockbox arrangement, even in the absence of an Event of Default.) Borrower agrees to give notice to all of its Account Debtors to mail payments due to Borrower to such post office box. Borrower agrees that Bank, or its designees, may open such post office box, may receive, open, and dispose of all mail addressed to Borrower at such post office box, and may deposit any payments contained in such mail in a Special Collection Account referred to in Section 4.2 ("Special Collection Accounts") hereof. Borrower agrees to give all required instructions to the U.S. Postal Service authorities to enable Bank or its designees to attain access to such post office box of Borrower, agrees that it will not attempt to remove any mail from such post office box, and agrees to execute such additional agreements as Bank may reasonably require in connection with such post office box.

Post Office Box. All payments and other proceeds of any type and from any source on or with respect to the Receivables that are delivered to a Post Office Box shall be the property of the Issuer, subject to the Lien of the Indenture and the rights of the Indenture Trustee thereunder. On each Business Day, Citibank N.A., as the remittance processor, will transfer any such payments received by it to the Local Remittance Account.

Post Office Box. On or prior to the next billing period after the Cutoff Date (in the case of the Initial Receivables) or the Subsequent Cutoff Date (in the case of the related Subsequent Receivables), the Seller will notify each Obligor to make payments with respect to its respective Receivables after the Cutoff Date (in the case of the Initial Receivables) or the Subsequent Cutoff Date (in the case of the related Subsequent Receivables) directly to the Post-Office Box, and will provide each Obligor with a monthly statement in order to enable such Obligors to make payments directly to the Post-Office Box.

Post Office Box. Borrowers agree to acquire at their expense a post office box in the City of Alachua, Florida, to which Lender and its designees alone shall have access. Borrowers agree to give notice to all of its Account Debtors to mail payments due to Lender to such post office box. Borrowers agree that Lender, or its designees, may open such post office box, may receive, open and dispose of all mail addressed to Borrowers at such post office box, and may deposit any payments contained in such mail in the Special Collections Account. Borrowers agree to give all required instructions to the U.S. Postal Service authorities to enable Lender, or its designees, to attain access to such post office box of Borrowers, agree that they will not attempt to remove any mail from such post office box, and agree to execute such additional agreements as Lender may reasonably require in connection with such post office box. Borrowers agree to instruct all of its Account Debtors which make any payments on the Accounts by bank wire to wire such payments to the Special Collections Account.

Post Office Box. In the case of ▇▇▇▇-▇▇, maintain the Post --------------- Office Box and give the Administrative Agent at least thirty (30) days prior written notice of the change in location of such Post Office Box. ▇▇▇▇-▇▇ shall irrevocably instruct all of its Account Debtors to remit all payments to be made by checks or other drafts to the Post Office Box. Until the Administrative Agent has advised ▇▇▇▇-▇▇ to the contrary after the occurrence and during the continuance of an Event of Default, ▇▇▇▇-▇▇ ▇▇▇ and will enforce, collect and receive all amounts owing on its Account Receivable and all other proceeds from the sale of Inventory for the Administrative Agent's benefit and on the Agent's behalf, but at ▇▇▇▇-Jo's expense; such privilege shall terminate, at the election of the Administrative Agent, upon the occurrence and during the continuance of any Event of Default. All checks, drafts, notes, money orders, acceptances, cash and other evidences of Indebtedness received in the Post Office Box or by ▇▇▇▇-▇▇ from any Account Debtor, as proceeds from Accounts Receivable of ▇▇▇▇-▇▇ and all other proceeds from the sale of Inventory, shall be held by ▇▇▇▇-▇▇ in trust for the Administrative Agent. ▇▇▇▇-▇▇ shall not commingle such collections with its own funds or the funds of any other Borrower, Subsidiary or Affiliate.