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 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

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Deposit Accounts; Securities Accounts. Upon the occurrence of an Event of Default and during continuation thereof, the Lender 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: Amended and Restated Security Agreement (Air T Inc), Security Agreement, Amended and Restated Security Agreement (Air T Inc)

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