Deposit Control Agreement definition

Deposit Control Agreement means the deposit control account agreement by and among the Company, the Deposit Control Agent and the Purchaser, substantially in the form of Exhibit H attached hereto.
Sample 1
Deposit Control Agreement means the Assigned Account Agreements among the Debtors, the applicable depository bank, the First Lien Debt Agent and the Second Lien Debt Agent.
Sample 1
Deposit Control Agreement means the funds held in a deposit control account in accordance with Article 9 of the UCC intended to cover Development Security and Decommissioning Assurance.
Sample 1

Examples of Deposit Control Agreement in a sentence

  • The form of the Certificate of Deposit Control Agreement and the financial institution that will establish and issue the certificate of deposit shall be satisfactory and acceptable to Servicers.26.

  • The form of the Certificate of Deposit Control Agreement and the financial institution that will establish and issue the certificate of deposit shall be satisfactory and acceptable to Servicers.

  • The form of the Certificate of Deposit Control Agreement and the financial institution that will establish and issue the certificate of deposit shall be satisfactory and acceptable to Servicers.25.5. You acknowledge and agree that we will have no liability under any legal theory whatsoever as a result of the exercise of our rights to establish a Reserve Account pursuant to this Agreement and this Section 25.

  • In 2004, Abdul Rahman al-Amoudi from Falls Church, Virginia, was con- victed on three charges of terrorist fi- nancing and conspiring to assassinate Saudi Crown Prince Abdullah and was sentenced to 23 years in jail.

  • Joint Task Force on Deposit Account Control Agreements of the A.B.A. Section of Business Law, General Terms of the Deposit Control Agreement §1(a) (Feb.

  • Deposit Control Agreement Draft(DACA) A DACA may not be required if an FHA-insured lender will be the depository for the project’s accounts receivable.

  • Lender shall exercise such control in accordance with said [Control Agreement for Deposit Account/Government Healthcare Receivables Deposit Control Agreement choose alternative as applicable].Deleted: or the Project AssetsDeleted:Deleted:Deleted:Deleted:Deleted: 3.

  • The loans bear interest at a rate of 1.75% above LIBOR, while the revolving facility bears interest at rates ranging from 1.25% to 1.75% above LIBOR depending upon the ratio of certain of the company’s assets to the amount borrowed.In connection with the April 2021 Loan and Security Agreement, we also entered into a Deposit Control Agreement which required $4.8 million of the total cash received upon amendment to be placed into a restricted cash collateral account.

  • Lender shall exercise such control in accordance with said [Control Agreement for Deposit Account/Government Healthcare Receivables Deposit Control Agreement choose alternative as applicable].

  • The form of the Certificate of Deposit Control Agreement and the financialinstitutionthatwillestablishandissuethecertificateofdepositshallbesatisfactory and acceptable to Servicers.


More Definitions of Deposit Control Agreement

Deposit Control Agreement means the Deposit Account Control Agreement, dated the Closing Date, among the Company, Bank of the West and the Purchasers, in the form of Exhibit G attached hereto
Sample 1
Deposit Control Agreement means the Deposit Account Control Agreement, dated the Closing Date, among the Company, Bank of the West and the Purchasers, in the form of Exhibit G attached hereto “Disclosure Schedules” shall have the meaning ascribed to such term in Section 3.1.
Sample 1
Deposit Control Agreement the Deposit Control Agreement to be executed and delivered by each AREH Subsidiary Guarantor, substantially in the form of Exhibit D.
Sample 1
Deposit Control Agreement means the agreement in the form of Exhibit E annexed hereto. 1.34. "EBITDA" shall mean, for any period, Asta Funding's Net Income, plus interest expenses (exclusive of interest on Non-Recourse Loans), plus taxes, plus depreciation, all as determined in accordance with GAAP and set forth in the Financial Statements. 1.35. "Eligible Accounts" means an Account arising out of a Consumer Loan, as to which Lender has been granted a first and prior perfected security interest by a Debtor and with respect to which the Account Debtor has made a Payment within the last ninety (90) days and which is presently owned by a Debtor and is part of an Eligible Portfolio. 1.36. "Eligible Portfolio" shall mean a Portfolio as to which a Debtor has acquired the legal right, title and interest to the Consumer Loans comprising each such Portfolio and the Collections and Accounts relating thereto, which is not a Rejected Portfolio. Each Eligible Portfolio shall be designated in each Debtor's Books and Records by a code name acceptable to the Lender, which code names shall be set forth in each Borrowing Base Certificate. 1.37. "Events of Default" shall have the meaning set forth in Section 12 hereof. 1.38. "Examination Fee" means a field examination fee of Lender not to exceed $750.00 per each day of examination, plus Lender's out-of-pocket expenses, including, travel, meals and listed expenses, provided that so long as no Event of Default is continuing, Borrower shall not be required to pay for more than one field examination in any calendar quarter prior to an Event of Default. 1.39. "Financial Statements" mean the financial statements to be furnished Lender pursuant to Section 9(v) hereof. 1.40. "GAAP" means generally accepted accounting principles then in effect and consistent with those applied in the preparation of the Financial Statements to be delivered pursuant to Section 9(v) hereof. 1.41. "Grid Note" means the note executed by Borrower in the form of Exhibit B annexed hereto, as amended, renewed or replaced from time to time. 1.42. "Guarantees" means the guaranty of all of the Obligations executed by each Guarantor, including each Affiliate Guaranty, as each is amended from time to time. 1.43. "Guarantors" shall mean Asta Funding, Asta I, E.R., Palisades I, Palisades II and each Affiliate, executing an Affiliate Guaranty, after the date hereof, but in no event a Non-Affiliate. 1.44. "Indemnified Party" means Lender and each of its officers, directors, representatives and...
Sample 1
Deposit Control Agreement has the meaning set forth in Section 5.16.
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Deposit Control Agreement means a deposit control agreement between the Borrowers, TCB and the Administrative Agent regarding the bank accounts maintained by North American Petroleum Corporation USA at TCB, including, without limitation, the deposit accounts identified on Schedule One hereto (the “TCB Accounts”).
Sample 1

Related to Deposit Control Agreement

  • Deposit Account Control Agreement means an agreement, in form and substance satisfactory to the Agent (in its Permitted Discretion), among any Loan Party, a banking institution holding such Loan Party’s funds, and the Agent with respect to collection and control of all deposits and balances held in a deposit account maintained by any Loan Party with such banking institution, as amended, supplemented or otherwise modified from time to time in accordance with the terms thereof.

  • Account Control Agreement means the Account Control Agreement relating to the Accounts, dated as of the Closing Date, among the Borrower, the Servicer, the Administrative Agent and the Account Bank.

  • Blocked Account Control Agreement means the Cash Management Agreement among Borrower, Collection Account Bank and Lender providing for the exclusive control of the Collection Account and all other Accounts by Lender, substantially in the form of Exhibit A or such other form as may be reasonably acceptable to Lender.

  • Deposit Account Control Agreements means, with respect to each deposit account that is required by the Collateral Agreement to be subject to a control agreement, a deposit account control agreement executed by the Borrower, the Administrative Agent as the secured party thereto, and the deposit bank, as each may be amended, restated, supplemented or otherwise modified from time to time.

  • Control Agreement is any control agreement entered into among the depository institution at which Borrower maintains a Deposit Account or the securities intermediary or commodity intermediary at which Borrower maintains a Securities Account or a Commodity Account, Borrower, and Bank pursuant to which Bank obtains control (within the meaning of the Code) over such Deposit Account, Securities Account, or Commodity Account.

  • Collection Account Control Agreement means that certain Collection Account Control Agreement, to be entered into by and among the Borrower, the Lender and Bank, with respect to the Collection Account, in form and substance acceptable to the Lender and the Borrower, as the same may be amended, modified or supplemented from time to time.

  • Securities Account Control Agreement shall have the meaning ascribed thereto in the Sale and Servicing Agreement.

  • Account Control Agreement(s) means any agreement entered into by and among the Agent, Borrower and a third party Bank or other institution (including a Securities Intermediary) in which Borrower maintains a Deposit Account or an account holding Investment Property and which grants Agent a perfected first priority security interest in the subject account or accounts.

  • Deposit Account Agreement means the Deposit Account Agreement and Disclosure, as may be amended from time to time, issued by the Custodian and available on the Custodian’s internet customer portal, “xx.xxxxxxxxxxx.xxx”.

  • Control Agreements means, collectively, the Deposit Account Control Agreement, the Securities Account Control Agreement and the Commodity Account Control Agreement.

  • Control Account Agreement means any tri-party agreement by and among a Loan Party, the Administrative Agent and a depositary bank or securities intermediary at which such Loan Party maintains a Controlled Account, in each case in form and substance satisfactory to the Administrative Agent.

  • Account Agreement means the agreements for the operation of the Account.

  • Commodity Account Control Agreement means a control agreement in a form that is reasonably satisfactory to the Administrative Agent establishing the Administrative Agent’s Control with respect to any Commodity Account.

  • Blocked Account Agreement means an agreement among the Borrower, the Agent and a Clearing Bank, in form and substance reasonably satisfactory to the Agent, concerning the collection of payments which represent the proceeds of Accounts or of any other Collateral.

  • Controlled Account Agreement has the meaning specified therefor in the Security Agreement.

  • Lockbox Account Agreement means any replacement agreement therefor among the Servicer, the Trust Collateral Agent and the Lockbox Bank.

  • Clearing Account Agreement means that certain agreement relating to clearing account services by and among Mortgage Borrower, Lender and Clearing Account Bank, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time, relating to the operation and maintenance of, and application of funds in, the Clearing Account.

  • Collateral Account Agreement means the Collateral Account Agreement executed and delivered by Company and Administrative Agent on the Closing Date, substantially in the form of EXHIBIT XXIII annexed hereto, as such Collateral Account Agreement may hereafter be amended, supplemented or otherwise modified from time to time.

  • Account Agreements means any lockbox account agreement, pledged account agreement, blocked account agreement, securities account control agreement, or any similar deposit or securities account agreements among the Notes Agent and/or the ABL Agent, one or more Grantors and the relevant financial institution depository or securities intermediary.

  • Qualifying Control Agreement means an agreement, among a Loan Party, a depository institution or securities intermediary and the Administrative Agent, which agreement is in form and substance acceptable to the Administrative Agent and which provides the Administrative Agent with “control” (as such term is used in Article 9 of the UCC) over the deposit account(s) or securities account(s) described therein.

  • Concentration Account Agreement as defined in subsection 4.16(b).

  • Collection Account Agreement means an agreement substantially in the form of Exhibit VI among Originator, Seller, the Agent and a Collection Bank.

  • Investment Property Control Agreement means an agreement in writing, in form and substance satisfactory to Agent, by and among Agent, any Borrower or Guarantor (as the case may be) and any securities intermediary, commodity intermediary or other person who has custody, control or possession of any investment property of such Borrower or Guarantor acknowledging that such securities intermediary, commodity intermediary or other person has custody, control or possession of such investment property on behalf of Agent, that it will comply with entitlement orders originated by Agent with respect to such investment property, or other instructions of Agent, and has such other terms and conditions as Agent may require.

  • Blocked Account Agreements has the meaning set forth in Section 2.22(c).

  • Change of Control Agreement means the Change of Control letter agreement between the Company and the Executive of even date herewith.

  • Spread Account Agreement means the Spread Account Agreement dated as of December 1, 1994, as amended and restated as of May 11, 1998 among the Insurer, the Seller and the Collateral Agent, as the same may be modified, supplemented or otherwise amended in accordance with the terms thereof.