Accounts; Control Agreements. The Loan Parties shall cause each deposit account, securities account and commodity account (other than any Excluded Deposit Account), each of which is listed on Schedule 7.26, (x) in the case of such accounts located in the United States, to be subject to an Account Control Agreement and (y) in the case of such accounts not located in the United States, to be subject to a perfected, first priority Lien in favor of the Collateral Agent, and, in each case, the Loan Parties shall cause all Collections to be deposited in a deposit account listed on Schedule 7.26 that is subject to an Account Control Agreement or otherwise subject to a perfected, first priority Lien in favor of the Collateral Agent; provided however that, so long as no Event of Default has occurred and is continuing, the Loan Parties may open new deposit accounts, new securities accounts and new commodity accounts so long as, prior to or 106 concurrently with opening each such account, (i) the Loan Parties shall have delivered to the Agents an amended Schedule 7.26 including such account, if applicable, and (ii) the Loan Parties shall have delivered to the Collateral Agent an Account Control Agreement with respect to, or otherwise caused the Collateral Agent to have a perfected, first priority Lien over, such account (other than any Excluded Deposit Account).
Accounts; Control Agreements. (A) Subject to clauses (B) and (C) below, the Company Indenture Parties shall cause their respective accounts maintained, or opened at any time after the Issue Date, at any bank or financial institution (other than any Excluded Accounts) to be subject to an account control agreement or its equivalent or shall take such other actions necessary to create a Lien over any such account in favor of the Collateral Trustee for the benefit of the Notes Secured Parties pursuant to applicable law, including providing notice to the bank or financial institution with which any such account is held of the Liens granted in favor of the Collateral Trustee for the benefit of the Notes Secured Parties over such account pursuant to applicable law (collectively, the “Bank Account Perfection Actions”), and shall cause all Collections to be deposited in an account that is subject to an account control agreement or other Bank Account Perfection Actions; provided, however, that, so long as no Event of Default has occurred and is continuing, any Company Indenture Party may open new accounts at any bank or financial institution; provided that, within forty-five (45) days after opening each such account, the relevant Company Indenture Party shall have delivered to the Collateral Trustee an account control agreement with respect to such account (or taken such other Bank Account Perfection Actions) (other than any Excluded Account) (but, with respect to any such accounts opened after the Issue Date, shall not deposit or transfer funds into such account prior to taking such Bank Account Perfection Actions).
Accounts; Control Agreements. (1) The Loan Parties shall cause each deposit account and securities account (other than any Excluded Account), including as of the Closing Date those listed on Schedule 6.16, to be subject to a Control Agreement (x) with respect to such accounts existing as of the Closing Date, subject to and in accordance with Section 6.13(2) and (y) with respect to accounts acquired or opened after the Closing Date, within ninety (90) days (or such later date as the Required Lenders may agree).
Accounts; Control Agreements. (a) The Loan Parties shall cause each deposit account, securities account and commodity account (other than any Excluded Deposit Account), each of which is listed on Schedule 7.26, to be subject to an Account Control Agreement, and shall cause all Collections to be deposited in a deposit account listed on Schedule 7.26 that is subject to an Account Control Agreement (other than Collections that are deposited in any Excluded Deposit Account) within sixty (60) days after the Closing Date (or such later date as may be agreed by the Administrative Agent); provided, however, that, so long as no Event of Default has occurred and is continuing, the Loan Parties may open new deposit accounts, new securities accounts and new commodity accounts so long as, within twenty (20) days after opening each such account (or such later date as may be agreed by the Administrative Agent), (i) the Loan Parties shall have delivered to the Agents an amended Schedule 7.26 including such account and (ii) the Loan Parties shall have delivered to the Collateral Agent an Account Control Agreement with respect to such account (other than any Excluded Deposit Account).
Accounts; Control Agreements. Subject to Section 7.01(20), no Credit Party shall maintain any lock box, deposit account, operating account, securities account or other bank account, unless such lock box, deposit account, operating account, securities account or bank account, as applicable, is (a) subject to a Control Agreement at all times thereafter or (b) an Excluded Account.
Accounts; Control Agreements. (a) The Loan Parties shall cause each deposit account, securities account and commodity account (other than any Excluded Deposit Account) to be subject to an Account Control Agreement, and shall cause all Collections to be deposited in a deposit account listed on Schedule 7.26 that is subject to an Account Control Agreement (other than Collections that are deposited in any Excluded Deposit Account); provided, however, that, (i) so long as no Event of Default has occurred and is continuing, the Loan Parties may open new deposit accounts, new securities accounts and new commodity accounts so long as, within twenty (20) days after opening each such account (or such later date as may be agreed by the Administrative Agent), (x) the Loan Parties shall have delivered to the Agents an amended Schedule 7.26 including such account and (y) the Loan Parties shall have delivered to the Collateral Agent an Account Control Agreement with respect to such account (other than any Excluded Deposit Account) (but, with respect to any such accounts opened after the Closing Date, shall not deposit or transfer funds into such account prior to the execution and delivery of such Account Control Agreement) and (ii) the Loan Parties shall have until the date that is sixty (60) days (or such later date as agreed by the Administrative Agent) following the Closing Date to comply with the provisions of this Section 8.14(a) with regard to (x) deposit accounts, securities accounts and commodity accounts in existence on the Closing Date (and listed on Schedule 7.26 on the Closing Date) and (y) the requirement to deposit Collections in a deposit account that is subject to an Account Control Agreement (other than Collections that are deposited in any Excluded Deposit Account).
Accounts; Control Agreements. (a) Within thirty (30) days after the Closing Date (or such longer time as the Administrative Agent may agree in writing, in its sole discretion), the Loan Parties shall cause each deposit account, securities account and commodity account listed on Schedule 7.26 (other than any Excluded Deposit Account) to be subject to an Account Control Agreement; provided, however, that, so long as no Event of Default has occurred and is continuing, the Loan Parties may open new deposit accounts, new securities accounts and new commodity accounts so long as, prior to or concurrently with opening each such account, (i) the Loan Parties shall have delivered to the Agents an amended Schedule 7.26 including such account and (ii) the Loan Parties shall have delivered to the Collateral Agent an Account Control Agreement with respect to such account (other than any Excluded Deposit Account).
Accounts; Control Agreements. From and after March 31, 2022, no Credit Party shall maintain any lock boxes, deposit accounts, operating accounts, securities accounts or other bank accounts, unless such lock boxes, deposit accounts, operating accounts, securities accounts and bank accounts are subject to a Control Agreement at all times thereafter.
Accounts; Control Agreements. (a) The Loan Parties shall cause each account initially listed on Schedule 6.23 to be subject to an Account Control Agreement within no more than thirty (30) days after the Closing Date, and shall cause all Collections to be deposited in an account listed on Schedule 6.23 that is subject to an Account Control Agreement; provided, however, that, so long as no Event of Default has occurred and is continuing, the Loan Parties may open new deposit accounts and new securities accounts so long as, prior to or concurrently with opening each such account, (i) the Loan Parties shall have delivered to the Agents an amended Schedule 6.23 including such account and (ii) the Loan Parties shall have delivered to the Collateral Agent an Account Control Agreement with respect to such account unless such account (i) is used solely to fund payroll or employee benefits (including withholdings required by Applicable Law) or (B) will contain at all times less than $10,000 individually and less than $50,000 in the aggregate together with the balances of all accounts of the Loan Parties that are not subject to an Account Control Agreement.
Accounts; Control Agreements. (a) The Loan Parties shall cause each deposit account, securities account and commodity account (other than any Excluded Deposit Account) to be subject to an Account Control Agreement, and shall cause all Collections to be deposited in a deposit account listed on Schedule 7.26 that is subject to an Account Control Agreement (other than Collections that are deposited in any Excluded Deposit Account); provided, however, that, (i) so long as no Event of Default has occurred and is continuing, the Loan Parties may open new deposit accounts, new securities accounts and new commodity accounts so long as, within twenty (20) days after opening each such account (or such later date as may be agreed by the Administrative Agent), (x) the Loan Parties shall have delivered to the Agents an amended Schedule 7.26 including such account and (y) the Loan Parties shall have delivered to the Collateral Agent an Account Control Agreement with respect to such account (other than any Excluded Deposit Account) (but, with respect to any such accounts opened after the Closing Date, shall not deposit or transfer funds into such account prior to the execution and delivery of such Account Control Agreement) and
