Common use of Account Control Agreement Clause in Contracts

Account Control Agreement. The Administrative Agent shall have received fully executed Account Control Agreements for each account of a Credit Party existing at a bank other than the Administrative Agent as of the Closing Date duly executed by such Credit Party and such bank.

Appears in 2 contracts

Samples: Credit, Security, Guaranty and Pledge Agreement (Idt Corp), Credit Agreement (Idt Corp)

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Account Control Agreement. The Administrative Agent shall have received fully executed Account Control Agreements for each account of a Credit Party existing at a bank other than accounts for which, pursuant to the Administrative Agent as provisions of Section 5.20 hereof, the Closing Date duly executed by such Credit Party and such bankParties do not need to maintain Account Control Agreements.

Appears in 1 contract

Samples: Credit, Security, Guaranty and Pledge Agreement (RHI Entertainment, Inc.)

Account Control Agreement. The Administrative Agent shall have received fully executed an Account Control Agreements Agreement, executed and delivered by the applicable Borrower Group Companies, with respect to each Obligor Payment Account and Obligor Funded Account for which it is anticipated that payments will be made into under the relevant Portfolio Documents, in each account of a Credit Party existing at a bank other than case to the Administrative Agent as of extent required by the Closing Date duly executed by such Credit Party and such bankSecurity Agreement.

Appears in 1 contract

Samples: Secured Credit Agreement (Willis Lease Finance Corp)

Account Control Agreement. The Administrative Agent shall have received (to the extent not previously provided in connection with the Existing Senior Facilities) fully executed Account Control Agreements for each account of a Credit Party existing at a bank other than accounts for which, pursuant to the Administrative Agent as provisions of Section 5.20 hereof, the Closing Date duly executed by such Credit Party and such bankParties do not need to maintain Account Control Agreements.

Appears in 1 contract

Samples: Credit, Security, Guaranty and Pledge Agreement (RHI Entertainment, Inc.)

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Account Control Agreement. The Administrative Agent shall have received (to the extent not previously provided in connection with the Existing Second Lien Facility) fully executed Account Control Agreements for each account of a Credit Party existing at a bank other than accounts for which, pursuant to the Administrative Agent as provisions of Section 5.20 hereof, the Closing Date duly executed by such Credit Party and such bankParties do not need to maintain Account Control Agreements.

Appears in 1 contract

Samples: Credit, Security, Guaranty and Pledge Agreement (RHI Entertainment, Inc.)

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