Common use of Deposit Account Control Agreements Clause in Contracts

Deposit Account Control Agreements. Such Grantor will provide to the Administrative Agent upon the Administrative Agent’s request, a Deposit Account Control Agreement duly executed on behalf of each financial institution holding a deposit account of such Grantor as set forth in this Security Agreement.

Appears in 4 contracts

Samples: Pledge and Security Agreement (Escalade Inc), Pledge and Security Agreement (Escalade Inc), Pledge and Security Agreement (Graham Corp)

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Deposit Account Control Agreements. Such Grantor will provide to the Administrative Agent promptly upon the Administrative Agent’s request, a Deposit Account Control Agreement duly executed on behalf of each financial institution holding a deposit account (other than any Excluded Deposit Account) of such Grantor as set forth in this Security Agreement.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Wanxiang Group Corp), Pledge and Security Agreement (A123 Systems, Inc.)

Deposit Account Control Agreements. Such The Grantor will provide to the Administrative Agent upon the Administrative Agent’s request, a Deposit Account Control Agreement duly executed on behalf of each financial institution holding a deposit account of the Grantor for each Deposit Account of Grantor other than the Excluded Deposit Accounts; provided that, the Administrative Agent may, in its discretion, defer delivery of any such Deposit Account Control Agreement, establish a reserve with respect to any deposit account for which the Administrative Agent has not received such Deposit Account Control Agreement, and require the Grantor as set forth in this Security to open and maintain a new deposit account with a financial institution subject to a Deposit Account Control Agreement.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Escalade Inc), Pledge and Security Agreement (Escalade Inc)

Deposit Account Control Agreements. Such Subject to Section 5.15 of the Credit Agreement and Section 7.2, such Grantor will provide to the Administrative Agent promptly upon the Administrative Agent’s request, a Deposit Account Control Agreement duly executed on behalf of each financial institution holding a deposit account (other than an Excluded Account) of such Grantor as set forth in Exhibit B of this Security Agreement.

Appears in 2 contracts

Samples: Abl Pledge and Security Agreement (Global Brass & Copper Holdings, Inc.), Term Loan Pledge and Security Agreement (Global Brass & Copper Holdings, Inc.)

Deposit Account Control Agreements. Such Subject to the Intercreditor Agreement, such Grantor will provide to the Administrative Agent upon the Administrative Agent’s request, a Deposit Account Control Agreement duly executed on behalf of each financial institution holding a deposit account Deposit Account of such Grantor as set forth in this Security AgreementGrantor, other than Deposit Accounts constituting Excluded Property.

Appears in 2 contracts

Samples: Term Facility Credit Agreement (Fender Musical Instruments Corp), Revolving Facility Credit Agreement (Fender Musical Instruments Corp)

Deposit Account Control Agreements. Such Grantor will provide to the Administrative Agent upon the Administrative Agent’s request, a Deposit Account Control Agreement duly executed on behalf of each bank, financial institution or other Person holding a deposit account Deposit Account (other than any Deposit Account that is an Excluded Asset or unless otherwise agreed by the Administrative Agent) of such Grantor as set forth in this Security Agreement.

Appears in 1 contract

Samples: Pledge and Security Agreement (Tredegar Corp)

Deposit Account Control Agreements. Such Grantor will provide to the Administrative Agent upon the Administrative Agent’s request, a Deposit Account Control Agreement duly executed on behalf of each financial institution holding a deposit account Deposit Account of such Grantor as set forth in this Security AgreementGrantor, other than Excluded Accounts.

Appears in 1 contract

Samples: Pledge and Security Agreement (Landec Corp \Ca\)

Deposit Account Control Agreements. Such Grantor will (with respect to a financial institution that is not a Lender or the Administrative Agent, use commercially reasonable efforts to) provide to the Administrative Agent Agent, upon the Administrative Agent’s request, a Deposit Account Control Agreement duly executed on behalf of each financial institution holding a deposit account (other than Excluded Accounts) of such Grantor as set forth in this Security Agreement.

Appears in 1 contract

Samples: Pledge and Security Agreement (Exactech Inc)

Deposit Account Control Agreements. Such Grantor will use commercially reasonable efforts to provide to the Administrative Agent upon the Administrative Agent’s written request, (a) a Deposit Account Control Agreement duly executed on behalf of each financial institution holding a deposit account (other than an Excluded Deposit Account) of such Grantor as set forth in this Security Agreement; and (b) upon the occurrence of an Event of Default, a Deposit Account Control Agreement duly executed on behalf of each financial institution holding any deposit account of such Grantor that is referred to in clause (f) of the definition of “Excluded Deposit Account”, as set forth in this Security Agreement.

Appears in 1 contract

Samples: Pledge and Security Agreement (Tile Shop Holdings, Inc.)

Deposit Account Control Agreements. Such The Grantor will provide to the Administrative Agent upon the Administrative Agent’s request, a Deposit Account Control Agreement duly executed on behalf of each financial institution holding a deposit account of such the Grantor (other than Excluded Deposit Accounts) as set forth in this the Security Agreement.

Appears in 1 contract

Samples: Pledge and Security Agreement (Ddi Corp)

Deposit Account Control Agreements. Such Grantor will provide to the Administrative Agent Lender upon the Administrative AgentLender’s request, a Deposit Account Control Agreement duly executed on behalf of each financial institution holding a deposit account of such Grantor as set forth in this Security Agreement.

Appears in 1 contract

Samples: Pledge and Security Agreement (Arotech Corp)

Deposit Account Control Agreements. Such Grantor will provide to the Administrative Agent promptly upon the Administrative Agent’s request, a Deposit Account Control Agreement duly executed on behalf of each financial institution holding a deposit account constituting Collateral of such Grantor as set forth in this Security Agreement.

Appears in 1 contract

Samples: Pledge and Security Agreement (Aleris Corp)

Deposit Account Control Agreements. Such Grantor will provide to the Administrative Agent upon the Administrative Agent’s request, a Deposit Account Control Agreement duly executed on behalf of each financial institution holding a deposit account of such Grantor as set forth in this Security Agreement; provided, a Deposit Account Control Agreement shall not be required for any deposit account that is to be moved to Administrative Agent within the post-closing time frame set forth in the Credit Agreement.

Appears in 1 contract

Samples: Pledge and Security Agreement (JOINT Corp)

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Deposit Account Control Agreements. Such Grantor will provide to the Administrative Agent promptly upon the Administrative Agent’s request, a Deposit Account Control Agreement or a securities account control agreement (in form and substance satisfactory to Administrative Agent), as applicable, duly executed on behalf of each financial institution holding a deposit account Deposit Account or Securities Account (other than Excluded Accounts) of such Grantor as set forth in this Security Agreement.

Appears in 1 contract

Samples: Pledge and Security Agreement (CarParts.com, Inc.)

Deposit Account Control Agreements. Such After the occurrence and during the continuance of an Event of Default or Default, upon the request of the Administrative Agent, the Grantor will provide to the Administrative Agent upon the Administrative Agent’s request, a Deposit Account Control Agreement duly executed on behalf of each financial institution holding a deposit account Deposit Account of such the Grantor as set forth in this Security Agreementfor each Deposit Account of Grantor other than the Excluded Deposit Accounts.

Appears in 1 contract

Samples: Pledge and Security Agreements (Escalade Inc)

Deposit Account Control Agreements. Such Subject to Section 7.2, such Grantor will provide to the Administrative Agent upon the Administrative Agent’s request, a Deposit Account Control Agreement duly executed on behalf of each financial institution holding a deposit account Collateral Deposit Account of such Grantor as set forth in Exhibit B of this Security Agreement.

Appears in 1 contract

Samples: Pledge and Security Agreement (Essendant Inc)

Deposit Account Control Agreements. Such Grantor will provide to the Administrative Agent upon the Administrative Agent’s request, a Deposit Account Control Agreement duly executed on behalf of each financial institution holding a deposit account of such Grantor. No Grantor as set forth in this Security Agreementshall open a deposit account without first entering into a Deposit Account Control Agreement with respect thereto.

Appears in 1 contract

Samples: Pledge and Security Agreement (SEACOR Marine Holdings Inc.)

Deposit Account Control Agreements. Such Grantor will provide to the Administrative Agent upon the Administrative Agent’s request, a Deposit Account Control Agreement Agreement, duly executed on behalf of the applicable financial institution, for each financial institution holding a deposit account of such Grantor as set forth (other than Excluded Accounts); provided that the Administrative Agent may, in this Security its discretion, defer delivery of any such Deposit Account Control Agreement, establish a Reserve with respect to any deposit account for which the Administrative Agent has not received such Deposit Account Control Agreement, and require such Grantor to open and maintain a new deposit account with a financial institution subject to a Deposit Account Control Agreement.

Appears in 1 contract

Samples: Pledge and Security Agreement (Chefs' Warehouse, Inc.)

Deposit Account Control Agreements. Such Grantor will provide to the Administrative Agent upon the Administrative Agent’s request, a Deposit Account Control Agreement duly executed on behalf of each financial institution holding a deposit account of such Grantor (other than Excluded Deposit Accounts) as set forth in this the Security Agreement.

Appears in 1 contract

Samples: Pledge and Security Agreement (Ddi Corp)

Deposit Account Control Agreements. Such Each Grantor will provide to the Administrative Agent upon the Administrative Agent’s request, a Deposit Account Control Agreement duly executed on behalf of each financial institution holding a deposit account (other than an Excluded Deposit Account) of such Grantor as set forth in this the Security Agreement; provided that, the Administrative Agent may, in its sole discretion, defer delivery of any such Deposit Account Control Agreement and establish a Reserve with respect to any deposit account for which the Administrative Agent has not received such Deposit Account Control Agreement.

Appears in 1 contract

Samples: Pledge and Security Agreement (Maytag Corp)

Deposit Account Control Agreements. Such Grantor will provide to the Administrative Agent promptly upon the Administrative Agent’s request, a Deposit Account Control Agreement duly executed on behalf of each financial institution holding a deposit account of such Grantor as set forth in this Security Agreement.

Appears in 1 contract

Samples: Pledge and Security Agreement (Friedman Industries Inc)

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