Common use of Deposit Account Control Agreements Clause in Contracts

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.

Appears in 9 contracts

Samples: Loan and Security Agreement (Seneca Foods Corp), Loan and Security Agreement (Seneca Foods Corp), Loan and Security Agreement (Installed Building Products, Inc.)

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

Appears in 8 contracts

Samples: First Lien Loan and Security Agreement (Duckhorn Portfolio, Inc.), First Lien Loan and Security Agreement (Duckhorn Portfolio, Inc.), First Lien Loan and Security Agreement (Duckhorn Portfolio, Inc.)

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

Appears in 7 contracts

Samples: Loan and Security Agreement (P&f Industries Inc), Loan and Security Agreement (P&f Industries Inc), Loan and Security Agreement (P&f Industries Inc)

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

Appears in 6 contracts

Samples: Loan and Security Agreement (Houston Wire & Cable CO), Loan and Security Agreement (Spansion Inc.), Loan and Security Agreement (United Maritime Group, LLC)

Deposit Account Control Agreements. the Deposit Account control agreements to be executed by each institution maintaining a Deposit Account for an ObligorBorrower or any Borrowing Base Guarantor, in favor of Agent, for the benefit of Secured Parties, as security for the Obligations.

Appears in 5 contracts

Samples: Loan and Security Agreement (Ak Steel Holding Corp), Loan and Security Agreement (Ak Steel Holding Corp), Loan and Security Agreement (Ak Steel Holding Corp)

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

Appears in 5 contracts

Samples: Loan and Security Agreement (Olympic Steel Inc), Loan and Security Agreement (Olympic Steel Inc), Loan and Security Agreement (Olympic Steel Inc)

Deposit Account Control Agreements. the Deposit Account control agreements to be executed by each institution maintaining a Deposit Account (other than an Excluded Deposit Account) for an Obligora Borrower or a Guarantor, in favor of the Agent, for the benefit of Secured Parties, as security for the ObligationsSecured Obligations pursuant to the terms and conditions of this Agreement.

Appears in 4 contracts

Samples: Credit and Guaranty Agreement (Milacron Holdings Corp.), Amendment No. 1 (Milacron Holdings Corp.), Amendment No. 2 (Milacron Holdings Corp.)

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

Appears in 4 contracts

Samples: Loan and Security Agreement (Ak Steel Holding Corp), Loan and Security Agreement (Ak Steel Holding Corp), Loan and Security Agreement (Ak Steel Holding Corp)

Deposit Account Control Agreements. the Deposit Account control agreements to be executed by each institution maintaining a Deposit Account Account, other than Excluded Deposit Accounts, for an Obligora Credit Party, in favor of Agent, for the benefit of Secured Parties, as security for the Obligations, including the Blocked Account Agreements.

Appears in 4 contracts

Samples: Loan Agreement (Capella Healthcare, Inc.), Loan and Security Agreement (Capella Healthcare, Inc.), Loan and Security Agreement (Lawton Surgery Investment Company, LLC)

Deposit Account Control Agreements. the Deposit Account deposit account control agreements to be executed by the applicable Obligor, Agent and each institution maintaining a Deposit Account (other than payroll, trust, tax withholding, employee benefits and xxxxx cash Deposit Accounts) for an each Obligor, in favor of Agent, for the benefit of Secured Parties, as security for the Obligations.

Appears in 3 contracts

Samples: Loan and Security Agreement (Commercial Vehicle Group, Inc.), Loan and Security Agreement (Commercial Vehicle Group, Inc.), Loan and Security Agreement (Commercial Vehicle Group, Inc.)

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

Appears in 3 contracts

Samples: Loan and Security Agreement (Bespoke Capital Acquisition Corp), Loan and Security Agreement (Vintage Wine Estates, Inc.), Loan and Security Agreement (Bespoke Capital Acquisition Corp)

Deposit Account Control Agreements. the Deposit Account control agreements in form and substance acceptable to Agent to be executed by each an institution maintaining a Deposit Account for an Obligora Borrower, in favor of Agent, for the benefit of Secured Parties, as security for the Obligations.

Appears in 2 contracts

Samples: Loan and Security Agreement (Olympic Steel Inc), Loan and Security Agreement (Olympic Steel Inc)

Deposit Account Control Agreements. the Deposit Account deposit account control agreements to be executed by each institution maintaining a Deposit Account for an Obligora Borrower, in favor of Agent, for the benefit of Secured Parties, Agent as security for the ObligationsObligations (other than, for the avoidance of doubt, Excluded Accounts).

Appears in 2 contracts

Samples: Loan Agreement (Conns Inc), Loan Agreement (Conns Inc)

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.

Appears in 2 contracts

Samples: Loan and Security Agreement (Summer Infant, Inc.), Loan Agreement (Us Concrete Inc)

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

Appears in 2 contracts

Samples: Loan and Security Agreement (Movado Group Inc), Loan and Security Agreement (Movado Group Inc)

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

Appears in 2 contracts

Samples: Loan and Security Agreement (Conns Inc), Loan and Security Agreement (Conns Inc)

Deposit Account Control Agreements. the Deposit Account 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 the applicable Secured Parties, as security for and shall include, in the Obligationscase of any Deposit Accounts domiciled outside the United States or Canada, notice to and acknowledgement from the relevant institution maintaining that Deposit Account.

Appears in 2 contracts

Samples: Loan and Security Agreement (Topgolf Callaway Brands Corp.), Loan Agreement (Topgolf Callaway Brands Corp.)

Deposit Account Control Agreements. the Deposit Account control agreements agreements, in each case, in form and substance satisfactory to Agent, to be executed by each institution maintaining a Deposit Account for an Obligora Borrower of Guarantor, in favor of Agent, for the benefit of Secured Parties, as security for the Obligations.

Appears in 2 contracts

Samples: Loan and Security Agreement (Headwaters Inc), Loan and Security Agreement (Headwaters Inc)

Deposit Account Control Agreements. an agreement (a) in form and substance satisfactory to the Deposit Account control agreements to be executed by each Agent, (b) between the Agent and a depository institution maintaining which maintains a Deposit Account for a Borrower, and (c) which establishes control of such Deposit Account for purposes of perfection of the Agent’s Lien in such Deposit Account and the funds held therein. Designated Account – a deposit account of the Borrowers established with the Agent or an Obligor, in favor Affiliate of the Agent, for into which the benefit of Secured Parties, as security for the ObligationsAgent shall fund Revolving Loans hereunder.

Appears in 2 contracts

Samples: Loan and Security Agreement (Amkor Technology Inc), Loan and Security Agreement (Amkor Technology Inc)

Deposit Account Control Agreements. the Deposit Account control agreements to be executed by each institution maintaining a Deposit Account for an Obligora Borrower or a Designated Canadian Guarantor, in favor of Agent, for the benefit of Secured Parties, as security for the Obligations.

Appears in 2 contracts

Samples: Loan, Guaranty and Security Agreement (Sanmina-Sci Corp), Loan, Guaranty and Security Agreement (Sanmina-Sci Corp)

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

Appears in 1 contract

Samples: Loan and Security Agreement (Lapolla Industries Inc)

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

Appears in 1 contract

Samples: First Lien Loan and Security Agreement (Duckhorn Portfolio, Inc.)

Deposit Account Control Agreements. the A Deposit Account control agreements Control Agreement for each deposit account, lockbox account or similar account maintained by Borrower or any Domestic Subsidiary (other than with Administrative Agent) 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 Obligationsextent required pursuant to Section 4.15.5.

Appears in 1 contract

Samples: Credit Facility Agreement (CCC Information Services Group Inc)

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

Appears in 1 contract

Samples: Loan and Security Agreement (Conns Inc)

Deposit Account Control Agreements. an agreement (a) in form and substance satisfactory to the Deposit Account control agreements to be executed by each Agent, (b) between the Agent and a depository institution maintaining which maintains a Deposit Account for a Borrower, and (c) which establishes control of such Deposit Account for purposes of perfection of the Agent’s Lien in such Deposit Account and the funds held therein. Designated Account — a deposit account of the Borrowers established with the Agent or an Obligor, in favor Affiliate of the Agent, for into which the benefit of Secured Parties, as security for the ObligationsAgent shall fund Revolving Loans hereunder.

Appears in 1 contract

Samples: Loan and Security Agreement (Amkor Technology Inc)

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

Appears in 1 contract

Samples: Loan and Security Agreement (Ashworth Inc)

Deposit Account Control Agreements. the Deposit Account control agreements Control Agreements to be executed by each depository institution maintaining of a Deposit Account for an Obligor, Borrower in favor of Agent, for the benefit of Secured Parties, Agent as security for the Obligations, in accordance with Section 8.5.

Appears in 1 contract

Samples: Loan and Security Agreement (Alpharma Inc)

Deposit Account Control Agreements. the Deposit Account 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.

Appears in 1 contract

Samples: Loan and Security Agreement (Callaway Golf Co)

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Deposit Account Control Agreements. the Deposit Account control agreements to be executed by each institution maintaining a Deposit Account for an ObligorBorrower, in favor of Agent, for the benefit of Secured Parties, as security for the Obligations. Disclosure Letter: the disclosure letter delivered to Agent by Borrower on the Closing Date.

Appears in 1 contract

Samples: Loan and Security Agreement (Leapfrog Enterprises Inc)

Deposit Account Control Agreements. the Deposit Account deposit account control agreements agreements, in form and substance acceptable to Agent, to be executed by each institution maintaining a Deposit Account for an Obligora Borrower, in favor of Agent, for the benefit of Secured Parties, as security for the Obligations.

Appears in 1 contract

Samples: Loan and Security Agreement (Alon USA Energy, Inc.)

Deposit Account Control Agreements. the Deposit Account control agreements to be executed by each institution maintaining a Deposit Account for an Obligora Borrower, in favor of Agent, for the benefit of Secured Parties, as security for the Obligations; provided, that such control agreements shall not be required with respect to any Excluded Deposit Account.

Appears in 1 contract

Samples: Loan and Security Agreement (Monaco Coach Corp /De/)

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

Appears in 1 contract

Samples: Loan and Security Agreement (Sport Chalet Inc)

Deposit Account Control Agreements. the Deposit Account control agreements (whether in the form of an agreement, notice and acknowledgement or like instrument) to be executed by each institution maintaining a Deposit Account for an ObligorBorrower, in favor of Agent, for the benefit of Secured PartiesLender, as security for the Obligations.

Appears in 1 contract

Samples: Loan and Security Agreement (Lapolla Industries Inc)

Deposit Account Control Agreements. the Deposit Account control agreements in favor of Agent to be executed at Agent’s request 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.

Appears in 1 contract

Samples: Loan, Guaranty and Security Agreement (Trident Microsystems Inc)

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 the Applicable Agent, for the benefit of the applicable Secured Parties, as security for the Obligations or the Canadian Obligations, as the case may be.

Appears in 1 contract

Samples: First Amendment Agreement (United Natural Foods Inc)

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

Appears in 1 contract

Samples: Term Loan and Security Agreement (Conns Inc)

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

Appears in 1 contract

Samples: Loan and Security Agreement (Sport Chalet Inc)

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.

Appears in 1 contract

Samples: Loan Agreement (Solo Cup CO)

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.the

Appears in 1 contract

Samples: Loan and Security Agreement (Summer Infant, Inc.)

Deposit Account Control Agreements. the Deposit Account control agreements to be executed by each institution maintaining a Deposit Account for an Obligora Borrower (other than any Excluded Deposit Accounts), in favor of Agent, for the benefit of Secured Parties, as security for the Obligations.

Appears in 1 contract

Samples: Credit and Security Agreement (Titan International Inc)

Deposit Account Control Agreements. the Deposit Account control or blocked account agreements to be executed by each institution maintaining a Deposit Account or a Dominion Account, as applicable, for an Obligor, in favor of Agent and First Lien Agent, for the benefit of Secured Parties, as security for the Obligations.

Appears in 1 contract

Samples: Subordination Agreement (Summer Infant, Inc.)

Deposit Account Control Agreements. the Deposit Account deposit account control agreements to be executed by each institution maintaining a Deposit Account for an Obligora Borrower or other Obligor (other than SEI), in favor of the Applicable Agent, for the benefit of the applicable Secured Parties, as security for the ObligationsObligations of such Borrower or other Obligor, in each case to the extent required under this Agreement or the U.S. Security Agreement.

Appears in 1 contract

Samples: Loan Agreement (Superior Essex Inc)

Deposit Account Control Agreements. the Deposit Account account control agreements to be executed by each institution maintaining a Deposit Account for an Obligoragreements, in favor of form and substance satisfactory to the Administrative Agent, for granting the benefit Administrative Agent control over the deposit accounts of Secured Parties, as security for the ObligationsLoan Parties maintained at institutions other than the Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (Akorn Inc)

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. Distribution: any declaration or payment of a distribution, interest or dividend on any Equity Interest (other than payment-in-kind); or any purchase, redemption, or other acquisition or retirement for value of any Equity Interest. Dollars: lawful money of the United States.

Appears in 1 contract

Samples: Loan and Security Agreement (Steinway Musical Instruments Inc)

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, Agent as security for the Obligations.

Appears in 1 contract

Samples: Subordination Agreement (Radiant Logistics, Inc)

Deposit Account Control Agreements. the Deposit Account tri-party control agreements to be executed by each institution maintaining a Deposit Account for an Obligoreach Obligated Party, in favor of Revolver Agent and Agent, for the benefit of Secured Parties, as security for the Obligations.

Appears in 1 contract

Samples: Term Loan and Security Agreement (Sport Chalet Inc)

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