Controlled Account Agreements. (i) Except to the extent otherwise permitted by Section 6(c)(iv) hereof, each Grantor shall obtain an authenticated Controlled Account Agreement (which may include a Controlled Account Agreement), from each bank maintaining a Deposit Account for such Grantor;
Controlled Account Agreements. The Borrowers shall have, and shall have caused each Bank to, enter into Controlled Account Agreements (or amendments to existing Controlled Account Agreements) governing all Collateral Accounts to provide for “control” (as defined in Section 9-104 of the UCC) and springing dominion by the Agent over all assets deposited therein in accordance with the provisions of the Credit Agreement, as amended hereby, each such agreement (or amendment, as the case may be) to be in form and substance reasonably acceptable to the Agent.
Controlled Account Agreements. (i) If requested by Agent in its reasonable discretion, within 15 days of Agent’s request (or such later date as Agent may agree in its sole discretion), each Grantor (I) shall obtain an authenticated Controlled Account Agreement from each bank maintaining a Deposit Account for such Grantor (excluding, for purposes of this clause (I): (1) Deposit Accounts specially and exclusively used for payroll, payroll taxes and other employee wage and benefit payments to or for the Grantors or their Subsidiaries’ employees, (2) Deposit Accounts with amounts on deposit at any one time of not more than $250,000 in any single Deposit Account of a Grantor or an aggregate amount $500,000 at any one time in all such Deposit Accounts of all Grantors, and (3) Deposit Accounts specially and exclusively used as disbursement accounts and zero balance accounts), and (II) shall use commercially reasonable efforts to obtain an authenticated Controlled Account Agreement from each bank maintaining a Deposit Account specially and exclusively used as disbursement accounts and zero balance accounts for such Grantor;
Controlled Account Agreements. (i) Except to the extent otherwise excused by the Second Lien Term Loan Agreement or this Agreement, within fifteen (15) days following the Closing Date (or such longer period as the Collateral Agent may agree to), each Pledgor shall obtain an authenticated Controlled Account Agreement, from each bank maintaining a Deposit Account for such Pledgor;
Controlled Account Agreements. Within twenty (20) business days after the Closing Date, each Controlled Account Bank (as defined in the Notes) and the Collateral Agent shall have duly executed and delivered to such Buyer a Controlled Account Agreement (as defined in the Notes) with respect to each account of the Company or any of the other Grantors held at such Controlled Account Bank.
Controlled Account Agreements. The Agent and the Lenders shall have received a duly executed Controlled Account Agreement, in form and substance satisfactory to the Lenders, with respect to each Deposit Account of the Borrower and each Guarantor.
Controlled Account Agreements. (i) [Reserved].
