Account Control Agreements, etc Sample Clauses

Account Control Agreements, etc. The Administrative Agent shall have received satisfactory evidence that (i) the Loan Parties have directed that all amounts payable to them from their account debtors and other Persons shall be deposited in or credited to a Pledged Account, (ii) each of the Material Accounts of the Loan Parties is a Pledged Account, (iii) the CatchMark TRS Subsidiary Account has been established and is being maintained by CatchMark TRS Subsidiary, proper notice of the same has been provided to the parties to the Fiber Supply Agreement, and all amounts payable to CatchMark TRS Subsidiary under the Fiber Supply Agreement are being deposited in or credited to the CatchMark TRS Subsidiary Account, and (iv) the Revenue Account has been established and is being maintained by Timberlands II, proper notice of the same has been provided to the parties to the Master Stumpage Agreement, and all amounts payable to CatchMark TRS Subsidiary or Timberlands II under the Master Stumpage Agreement are being deposited in or credited to the Revenue Account.
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Account Control Agreements, etc. (a) The Administrative Agent shall have received satisfactory evidence that (i) the Borrowers and the Subsidiaries of the Borrowers have directed that all amounts payable to them from their account debtors and other Persons shall be deposited in a Pledged Account, (ii) each of the Material Accounts of the Loan Parties other than CatchMark Timber is a Pledged Account, (iii) the CatchMark TRS Subsidiary Account has been established and is being maintained by CatchMark TRS Subsidiary, proper notice of the same has been provided to the parties to the Fiber Supply Agreement, and all amounts payable to CatchMark TRS Subsidiary under the Fiber Supply Agreement are being deposited in the CatchMark TRS Subsidiary Account, and (iv) the Revenue Account has been established and is being maintained by Timberlands II, proper notice of the same has been provided to the parties to the Master Stumpage Agreement, and all amounts payable to CatchMark TRS Subsidiary or Timberlands II under the Master Stumpage Agreement are being deposited in the Revenue Account. (b) The Administrative Agent shall have received satisfactory evidence (i) that CatchMark Timber has established and is maintaining each Equity Raise Account in accordance with Section 7.1.15 and has directed that all proceeds of any issuance of equity by CatchMark Timber to be directly deposited into an Equity Raise Account, (ii) that each Equity Raise Account is subject to an Account Control Agreement, and (iii) that CatchMark Timber and the other Loan Parties have directed that all Equity Raises Net Proceeds be directly deposited in a Pledged Account of Timberlands II.
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Account Control Agreements, etc. The Administrative Agent shall have received satisfactory evidence that Xxxxx Timberland, Xxxxx TRS Subsidiary and Xxxxx HBU have directed that all amounts payable to them from their account debtors and other Persons shall be deposited either (a) (i) in the case of Xxxxx Timberland and Xxxxx HBU, in the Revenue Account, (ii) in the case of Xxxxx TRS Subsidiary, in the Xxxxx TRS Subsidiary Account or (b) in lock-box accounts pursuant to arrangements satisfactory to the Administrative Agent.
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Account Control Agreements, etc. (a) The Administrative Agent shall have received satisfactory evidence that Xxxxx Timberland, Xxxxx TRS Subsidiary and Xxxxx HBU have directed that all amounts payable to them from their account debtors and other Persons shall be deposited either (a) (i) in the case of Xxxxx Timberland and Xxxxx HBU, in the Revenue Account, (ii) in the case of Xxxxx TRS Subsidiary, in the Xxxxx TRS Subsidiary Account or (b) in lock-box accounts pursuant to arrangements satisfactory to the Administrative Agent. (b) The Administrative Agent shall have received a duly executed Securities Account Control Agreement from the Securities Intermediary with respect to the Working Capital Account.
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Related to Account Control Agreements, etc

  • Account Control Agreements Account Control Agreements for all of Borrower’s deposit accounts and accounts holding securities duly executed by all of the parties thereto, in the forms provided by or reasonably acceptable to Lender.

  • Deposit Account Control Agreements the Deposit Account control agreements to be executed by each institution maintaining a Deposit Account for an Obligor, in favor of Agent, for the benefit of Secured Parties, as security for the Obligations.

  • Deposit Account Control Agreement control agreement satisfactory to Agent executed by an institution maintaining a Deposit Account for an Obligor, to perfect Agent’s Lien on such account.

  • Control Agreements Borrower agrees that it will not transfer assets out of any Securities Accounts other than as permitted under Section 7.19 and, if to another securities intermediary, unless each of Borrower, Lender, and the substitute securities intermediary have entered into a Control Agreement. No arrangement contemplated hereby or by any Control Agreement in respect of any Securities Accounts or other Investment Property shall be modified by Borrower without the prior written consent of Lender. Upon the occurrence and during the continuance of a Default or Event of Default, Lender may notify any securities intermediary to liquidate the applicable Securities Account or any related Investment Property maintained or held thereby and remit the proceeds thereof to the Lender's Account.

  • Control Agreement A control agreement (the “Custodian Control Agreement”), duly executed and delivered by the Borrower, the Administrative Agent and State Street Bank and Trust Company.

  • Change of Control Agreement Except as expressly amended herein, all of the terms and provisions of the Change of Control Agreement shall remain in full force and effect.

  • Account Agreement Lender shall have received the original of the Account Agreement executed by each of Cash Management Bank and Borrower.

  • Change in Control Agreement An Agreement Regarding Change in Control in effect between the Company (or the Surviving Entity) and the Employee, if any.

  • Deposit Accounts, Securities Accounts and Commodity Accounts Attached hereto as Schedule 14 is a true and complete list of all Deposit Accounts, Securities Accounts and Commodity Accounts (each as defined in the Security Agreement) maintained by each Company, including the name of each institution where each such account is held, the name of each such account and the name of each entity that holds each account.

  • Deposit Accounts and Securities Accounts Set forth on Schedule 4.15 (as updated pursuant to the provisions of the Security Agreement from time to time) is a listing of all of the Loan Parties’ and their Subsidiaries’ Deposit Accounts and Securities Accounts, including, with respect to each bank or securities intermediary (a) the name and address of such Person, and (b) the account numbers of the Deposit Accounts or Securities Accounts maintained with such Person.

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