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This Agreement shall take effect immediately upon its execution by all parties hereto and shall supersede any blocked account or similar agreement in effect with respect to the Blocked Accounts. IN WITNESS WHEREOF each of the parties has executed and delivered this Blocked Account Agreement as of the day and year first above set forth. BLOCKED ACCOUNT AGREEMENT THIS BLOCKED ACCOUNT AGREEMENT AAgreement is made and entered into as of the day of 20 by and among a ABank a limited liability company...the AGrantor and a corporation as agent AAgent for the lenders collectively ALenders from time to time party to the Credit Agreement described below. A. Pursuant to that certain Credit Agreement dated as of 20 by and among. A the Grantor the other credit parties signatory thereto Lenders and Agent as amended supplemented or otherwise modified from time to time the ACredit Agreement Lenders have agreed to make loans and extend other financial accommodations to and the Grantor. B. The Grantor has...established the accounts listed on Schedule 1 attached hereto with Bank each individually a ABlocked Account and collectively the ABlocked Accounts. C. The parties hereto desire to enter into this Agreement in order to set forth their relative rights and duties with respect to the Blocked Accounts and all funds on deposit therein from time to time. NOW THEREFORE in consideration of the premises and the mutual covenants and agreements hereinafter set forth the parties hereto agree as follows...Effectiveness. Security Interest. As collateral security for and the Grantor s obligations to Agent and Lenders under the Credit Agreement and the other loan documents described therein Grantor hereby grants to Agent for its own benefit and the ratable benefit of Lenders a present and continuing security interest in a the Blocked Accounts b all contract rights claims and privileges in respect of the Blocked Accounts and c all cash checks money orders and other items of value of Grantor now or...hereafter paid deposited credited held whether for collection provisionally or otherwise or otherwise in the possession or under the control of or in transit to Bank or any agent bailee or custodian thereof collectively AReceipts and all proceeds of the foregoing and Bank acknowledges that this Agreement constitutes notice of Agent s security interest in such collateral and does hereby consent thereto. The parties hereto agree that Bank shall comply with instructions originated by Agent...directing disposition of the Receipts in the Blocked Accounts without further consent of the Grantor. Control of Blocked Accounts. Each of the Blocked Accounts shall be under the control of Agent and shall be maintained by Bank in the name of A. Notwithstanding anything set forth herein to the contrary neither Grantor nor any other person or entity through or under Grantor shall have any control over the use of or except as set forth in Section 4 b any right to withdraw any amount from the...Blocked Procedures for Blocked Accounts.