Gander Mountain Company (GMTN)

(a)           The following checking accounts have been or will be established (and are so referred to herein):

(i)            The “Concentration Account” (so referred to herein): Established by the Agent with Bank of America or an Affiliate thereof.

(ii)           The “Local Accounts” (so referred to herein): as set forth on SCHEDULE 8.1 to the Closing Certificate.

(iii)          The “Blocked Accounts” (so referred to herein): as set forth on SCHEDULE 8.1 to the Closing Certificate.

(iv)          The “Operating Account” (so referred to herein):  as set forth in SCHEDULE 8.1 to the Closing Certificate.

(b)           The contents of each DDA (other than Exempt DDA) and of the Blocked Account constitute Collateral and Proceeds of Collateral. The contents of the Concentration Account constitute the Agent’s property.

(c)           The Borrowers shall pay all fees and charges of, and maintain such impressed balances as may be required by the depository in which any account is opened as required hereby (even if such account is opened by and/or is the property of the Agent).

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(a)           The following checking accounts have been or will be established (and are so referred to herein):

(i)            The “

(a)                                  The following checking accounts have been or will be established (and are so referred to herein):

(i)                                     The “