Common use of Deposit Account Control Agreements Clause in Contracts

Deposit Account Control Agreements. No later than the date that is 60 days after the Effective Date (or by such other date to which the Agent may agree in its sole discretion), the Loan Parties will provide to the Agent a Deposit Account Control Agreement duly executed on behalf of each financial institution holding a deposit account of a Loan Party as set forth in the Security Agreement.

Appears in 7 contracts

Samples: Credit Agreement (Star Group, L.P.), Credit Agreement (Star Group, L.P.), Credit Agreement (Star Group, L.P.)

AutoNDA by SimpleDocs

Deposit Account Control Agreements. No later than On or prior to the date that is 60 30 days after following the Effective Date (or such later date as determined by such other date to which the Agent may agree in its sole discretion), the Loan Parties will provide shall have used commercially reasonable efforts to the Agent obtain a Deposit Account Control Agreement duly executed on behalf of each financial institution holding a deposit account of a Loan Party as set forth pursuant to Section 8.2.1 in the Security Agreementform and substance reasonably satisfactory to Agent.

Appears in 1 contract

Samples: Subordination Agreement (Summer Infant, Inc.)

AutoNDA by SimpleDocs

Deposit Account Control Agreements. No later than Within 120 days following the date that is 60 days after the Effective Closing Date (or by such other later date to which the Agent may agree in its sole discretion), the Loan Parties will provide Borrower shall deliver to the Agent a Deposit Account Control Agreement duly executed on behalf of control agreement for each financial institution holding a deposit account of a Loan Party as set forth and brokerage account included in the Security AgreementCollateral except for any such deposit account maintained with the Agent.

Appears in 1 contract

Samples: Credit Agreement (Vishay Precision Group, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!