Common use of Controlled Accounts Clause in Contracts

Controlled Accounts. The Administrative Agent shall have received evidence satisfactory to it that all Deposit Accounts, Securities Accounts, Commodities Accounts, lockboxes or other similar accounts (other than Excluded Accounts) of the Borrower and each of its Subsidiaries are Controlled Accounts.

Appears in 6 contracts

Samples: Revolving Credit Agreement (Power Solutions International, Inc.), Uncommitted Revolving Credit Agreement (Power Solutions International, Inc.), Revolving Credit Agreement (Power Solutions International, Inc.)

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Controlled Accounts. The Administrative Agent shall have received evidence reasonably satisfactory to it that all Deposit Accounts, Securities Accounts, Commodities Accounts, lockboxes or other similar accounts (other than Excluded Accounts) of the Borrower and each of its Subsidiaries Obligor are Controlled Accounts.

Appears in 3 contracts

Samples: Credit Agreement and Guaranty (Pear Therapeutics, Inc.), Credit Agreement and Guaranty (Pear Therapeutics, Inc.), Credit Agreement (Thimble Point Acquisition Corp.)

Controlled Accounts. The Administrative Agent shall have received evidence satisfactory to it that all Deposit Accounts, Securities Accounts, Commodities Accounts, lockboxes or other similar accounts of each Obligor (other than Excluded Accounts) of the Borrower and each of its Subsidiaries are Controlled Accounts.

Appears in 2 contracts

Samples: Bridging Agreement (Allurion Technologies Holdings, Inc.), Credit Agreement (Xeris Biopharma Holdings, Inc.)

Controlled Accounts. The Administrative Agent shall have received evidence satisfactory to it that all Deposit Accounts, Securities Accounts, Commodities Accounts, lockboxes or other similar accounts of each Obligor (other than the Post-Closing Accounts or any Excluded Accounts) of the Borrower and each of its Subsidiaries are Controlled Accounts.

Appears in 2 contracts

Samples: Credit Agreement (ArcherDX, Inc.), Credit Agreement (ArcherDX, Inc.)

Controlled Accounts. The Administrative Agent shall have received evidence satisfactory to it that all Deposit Accounts, Securities Accounts, Commodities Accounts, lockboxes or other similar accounts (other than Excluded Accounts) of each Obligor as of the Borrower and each of its Subsidiaries are Closing Date were Controlled Accounts.

Appears in 2 contracts

Samples: Credit Agreement (Zymergen Inc.), Credit Agreement (Zymergen Inc.)

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Controlled Accounts. The Administrative Agent shall have received evidence satisfactory to it that all Deposit Accounts, Securities Accounts, Commodities Accounts, lockboxes or other similar accounts (other than Excluded Accounts) of the Borrower and each of its Subsidiaries Obligor are Controlled Accounts.

Appears in 1 contract

Samples: Credit Agreement (Foamix Pharmaceuticals Ltd.)

Controlled Accounts. The Administrative Agent shall have received evidence satisfactory to it that (i) all Deposit Accountsdeposit accounts, Securities Accountslockboxes, Commodities Accountsdisbursement accounts, lockboxes investment accounts or other similar accounts (of each Obligor, other than Excluded the Donor Accounts) of the Borrower and each of its Subsidiaries , are Controlled AccountsAccounts and (ii) such Controlled Accounts are subject to one or more account control agreements, in favor of, and satisfactory in form and substance to, the Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (Adma Biologics, Inc.)

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