Treasury Management Services. Commencing with the date which is 120 days after the Closing Date (or such later date as the Administrative Agent may agree), each Loan Party shall maintain all of its lockbox deposit accounts and Deposit Accounts exclusively with BMO Bank N.A. and shall utilize BMO Bank N.A. for its primary disbursement account and other Treasury Management and Other Services.
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Sources: Fifth Amendment to Credit Agreement (Ascent Industries Co.), Fourth Amendment to Credit Agreement (Ascent Industries Co.)
Treasury Management Services. Commencing with the Closing Date, each Loan Party agrees to diligently pursue the transition of all of its lockbox deposit accounts and Deposit Accounts to BMO ▇▇▇▇▇▇ Bank N.A., and commencing with the date which is 120 days after the Closing Date (or such later date as the Administrative Agent may agree), each Loan Party shall maintain all of its lockbox deposit accounts and Deposit Accounts exclusively with BMO ▇▇▇▇▇▇ Bank N.A. and shall utilize BMO ▇▇▇▇▇▇ Bank N.A. for its primary disbursement account and other Treasury Management and Other Services.
Appears in 2 contracts
Sources: Credit Agreement (Lifecore Biomedical, Inc. \De\), Credit Agreement (Landec Corp \Ca\)
Treasury Management Services. Commencing with the Closing Date, each Loan Party agrees to diligently pursue the transition of all of its lockbox deposit accounts and Deposit Accounts to BMO Bank N.A., and commencing with the date which is 120 days after the Closing Date (or such later date as the Administrative Agent may agree), each Loan Party shall maintain all of its lockbox deposit accounts and Deposit Accounts exclusively with BMO Bank N.A. and shall utilize BMO Bank N.A. for its primary disbursement account and other Treasury Management and Other Services.
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Treasury Management Services. Commencing with the Closing Date, each Loan Party agrees to diligently pursue the transition of all of its lockbox deposit accounts and Deposit Accounts to BMO ▇▇▇▇▇▇ Bank N.A., and commencing with the date which is 120 days after the Closing Date (or such later date as the Administrative Agent may agree), each Loan Party shall maintain all of its lockbox deposit accounts and Deposit Accounts exclusively with BMO ▇▇▇▇▇▇ Bank N.A. and shall utilize BMO ▇▇▇▇▇▇ Bank N.A. for its primary disbursement account and other Treasury Management and Other Services. 7.20 [Intentionally Omitted].
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Treasury Management Services. Commencing with the Closing Date, each Loan Party agrees to diligently pursue the transition of all of its lockbox deposit accounts and Deposit Accounts to BMO ▇▇▇▇▇▇ Bank N.A., and commencing with the date which is 120 days after the Closing Date (or such later date as the Administrative Agent may agree), each Loan Party shall maintain all of its lockbox deposit accounts and Deposit Accounts exclusively with BMO ▇▇▇▇▇▇ Bank N.A. and shall utilize BMO ▇▇▇▇▇▇ Bank N.A. for its primary disbursement account and other Treasury Management and Other Services.. 7.20
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