Schedule 7. 4B lists all deposit accounts and investment accounts (and their locations) owned by each Loan Party on the Closing Date (other than accounts (i) used exclusively for payroll taxes and other employee wage and benefit and payments to or for the benefit of Borrower’s employees or (ii) used exclusively for individual store operations), and all such deposit accounts and investment accounts are subject to no Liens of any kind except as expressly set forth on Schedule 7.4B, all of which Liens constitute Permitted Liens.
Appears in 2 contracts
Sources: Revolving Credit, Delayed Draw Term Loan and Security Agreement (Sweetgreen, Inc.), Revolving Credit, Delayed Draw Term Loan and Security Agreement (Sweetgreen, Inc.)