Extract to table
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Extract to table / deposit-account-control-agreements-execution.docx
deposit-account-control-agreements-execution.docx
Parties
Nexford Industrial Holdings Inc
Dates
March 28, 2025
March 28, 2032
Amounts
$1,400,000,000
Obligations
Capitalized terms used but not defined herein shall have the meanings assigned to such terms in the Credit Agreement or, if not defined therein, the Security Agreement
The Depository Bank shall be entitled to rely conclusively on any Exclusive Control Notice received from the Collateral Agent and shall have no duty or obligation to inquire into whether an Event of Default has in fact occurred or is continuing
(d) The Depository Bank shall have no duty to investigate or make any determination as to whether an Event of Default has occurred or is continuing under the Credit Agreement, and shall have no duty to monitor the Depositor's use of or transactions in the blocked Account(s)
The Depository Bank may rely on any notice, certificate, or other communication from the Collateral Agent that it reasonably believes to be genuine and to have been signed or sent by a duly authorized representative of the Collateral Agent, and shall have no liability to any Party for acting in good faith reliance thereon
CONFLICTS In the event of any conflict between the terms of this Agreement and the terms of any other agreement between the Depository Bank and the Depositor with respect to the blocked Account(s) (including without limitation any deposit account agreement, treasury management agreement, master agreement, or other arrangement), the terms of this Agreement shall govern and control with respect to the matters addressed herein
The obligations of the Depositor under this Section 9 shall survive the termination of this Agreement