Control Accounts means summary accounts designed to control accountability for individual property records. Unlike individual property records that establish accountability for particular items of property, control accounts accumulate the total cost or value of the custodian’s property and, through entries to the control accounts documenting acquisitions, transfers and dispositions, provide evidence of the change in that total cost or value over periods of time as well as the total cost or value at any time.
Control Accounts means, collectively (i) Account No. DE3550 that is subject to that certain Account Control Agreement, dated as of May 27, 2013, by and among the Borrower, Capital Advisors Group, Inc., as Investment Manager, Capital Royalty Partners II, L.P., as Lender, and State Street Bank and Trust Company, as Securities Intermediary; (ii) Account Nos. 3300994367 and 3300994371 that are subject to that certain Deposit Account Control Agreement, dated as of August15, 2013, by and among Borrower, Capital Royalty Partners II, L.P. and Silicon Valley Bank and (iii) Account No. DE 3551 that is subject to that certain Account Control Agreement, dated as of April 2015, by and among Valeritas Security Corporation, as Borrower, Capital Advisors Group, Inc., as Investment Manager, Capital Royalty Partners II L.P., as Lender, and State Street Bank and Trust Company, as Securities Intermediary.
Control Accounts means those accounts maintained in the name of the Asset Entities or Issuer at banks other than the Collection Account Bank that are subject to Account Control Agreements and to the lien of the Indenture Trustee on behalf of the Secured Parties under the Indenture.
Examples of Control Accounts in a sentence
General Ledger Control Accounts and their reconciliation with subsidiary ledgers.
The first step in planning the IBR is to determine which Control Accounts (CAs) will be reviewed at the IBR.
Reconciliation of General Ledger Control Accounts with Subsidiary Ledgers are prepared on a monthly basis.
Supplier shall use WBS, CBS, CoA / Control Accounts established by Bruce Power.
Matching/Reconciliation of total outstanding balances of all types of subsidiary ledgers with balance appearing in Control Accounts maintained for each subsidiary ledgers in General Ledger.
More Definitions of Control Accounts
Control Accounts has the meaning set forth in the ABL Credit Agreement as in effect on the date hereof.
Control Accounts has the meaning provided in Section 5.5(a)(ii) hereof.
Control Accounts means the collateral accounts of the Company maintained with the Control Banks which shall be subject to the Control Agreements.
Control Accounts means collectively, (i) the School Cost and Purchase Control Account, (ii) the School Purchase Control Account, (iii) the School Cost Control Account, (iv) any deposit account established pursuant to Section 2.11(d), and (v) any other control account established for the benefit of Lender in accordance with the terms of this Agreement.
Control Accounts. The Loan Parties have obtained a control agreement as described in Section 3.04(b) of the Security Agreement with respect to each Deposit Account that does not constitute Excluded Property and a control agreement as described in Section 3.04(c) of the Security Agreement with respect to all Securities of any Loan Party held through a Securities Intermediary or Commodity Intermediary.”
Control Accounts means the A/R Control Account and the Asset Sale Control Account.
Control Accounts has the meaning specified therefor in Section 8.01(a).