Common use of Deposit Accounts; Securities Accounts Clause in Contracts

Deposit Accounts; Securities Accounts. Upon the occurrence of an Event of Default and during continuation thereof, the Secured Party may prevent withdrawals or other dispositions of funds in Deposit Accounts and Securities Accounts subject to control agreements or held with any Secured Party.

Appears in 5 contracts

Samples: Security Agreement (Air T Inc), Security Agreement, Security Agreement (Air T Inc)

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Deposit Accounts; Securities Accounts. Upon the occurrence of an Event of Default and during continuation thereof, the Secured Party Lender may prevent withdrawals or other dispositions of funds in Deposit Accounts and Securities Accounts subject to control agreements or held with any Secured Party.

Appears in 5 contracts

Samples: Security and Pledge Agreement (Bowman Consulting Group Ltd.), Security and Pledge Agreement (AstroNova, Inc.), Security and Pledge Agreement

Deposit Accounts; Securities Accounts. Upon the occurrence of an Event of Default and during continuation thereof, the Secured Party Lender may prevent withdrawals or other dispositions of funds in Deposit Accounts and Securities Accounts subject to control agreements or held with any Secured Partythe Lender.

Appears in 2 contracts

Samples: Security Agreement (BBX Capital, Inc.), Security and Pledge Agreement (Sciquest Inc)

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Deposit Accounts; Securities Accounts. Upon the occurrence of an Event of Default and during continuation thereof, the Secured Party Lender may prevent withdrawals or other dispositions of funds in Deposit Accounts and Securities Accounts of the Grantors subject to control agreements or held with any Secured Partythe Lender.

Appears in 1 contract

Samples: Security and Pledge Agreement (Lifevantage Corp)

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