Securities Control Agreements Sample Clauses

Securities Control Agreements. Agent shall have received, in form and substance satisfactory to Agent in good faith, Securities Control Agreements with respect to the Qualified Cash Account and each of the securities accounts and uncertificated securities listed in Item 6.25(c) of the Disclosure Schedule, in each case duly executed and delivered by the applicable Borrower or Guarantor, Agent and the applicable securities intermediary or, to the extent that any such Securities Control Agreements is not delivered on or prior to the Closing Date, Borrowers and Guarantors shall not hold any financial assets in any securities account, or hold any uncertificated securities (other than of Subsidiaries), in each case, in an aggregate amount greater than $5,000,000 (other than the proceeds of a Qualified Debt Offering temporarily held in a securities account for not greater than five (5) Business Days), in respect of which such Securities Control Agreement has not been delivered to Agent.
Sample 1
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Securities Control Agreements. 65 SECTION 5.2. All Credit Extensions ............................................................. 65
Sample 1
Securities Control Agreements. The Agents shall have received Securities Control Agreements with respect to each of the securities accounts and uncertificated securities listed in Item 6.25(c) of the Disclosure Schedule, duly executed by the applicable Obligor, the applicable securities intermediary and the Administrative Agent or, to the extent that all of such Securities Control Agreements are not delivered by the Closing Date, (a) the Agents shall be satisfied that the Borrowers shall have used commercially reasonable efforts to obtain delivery thereof and (b) the Borrowers and the Guarantors shall not hold any financial assets in any securities account, or hold any uncertificated securities (other than of direct wholly owned subsidiaries), in respect of which a Securities Control Agreement has not been delivered to the Agents.
Sample 1
Securities Control Agreements. Effective as of March 23, 2005, Section 7.1.15(h) of the Credit Agreement is hereby amended by deleting the words “no later than 30 days following the Closing Date” from such Section and replacing them with “on or prior to April 22, 2005”.
Sample 1

Related to Securities Control Agreements

  • Control Agreements Borrower agrees that it will not transfer assets out of any Securities Accounts other than as permitted under Section 7.19 and, if to another securities intermediary, unless each of Borrower, Lender, and the substitute securities intermediary have entered into a Control Agreement. No arrangement contemplated hereby or by any Control Agreement in respect of any Securities Accounts or other Investment Property shall be modified by Borrower without the prior written consent of Lender. Upon the occurrence and during the continuance of a Default or Event of Default, Lender may notify any securities intermediary to liquidate the applicable Securities Account or any related Investment Property maintained or held thereby and remit the proceeds thereof to the Lender's Account.

  • 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.

  • Account Control Agreements Account Control Agreements for all of Borrower’s deposit accounts and accounts holding securities duly executed by all of the parties thereto, in the forms provided by or reasonably acceptable to Lender.

  • Control Agreement A control agreement (the “Custodian Control Agreement”), duly executed and delivered by the Borrower, the Administrative Agent and State Street Bank and Trust Company.

  • Deposit Account Control Agreement control agreement satisfactory to Agent executed by an institution maintaining a Deposit Account for an Obligor, to perfect Agent’s Lien on such account.

  • Securities Contract The parties hereto agree and acknowledge as of the date hereof that (i) the Seller is a “financial institution” within the meaning of Section 101(22) of Title 11 of the United States Code (the “Bankruptcy Code”) and (ii) this Confirmation is a “securities contract,” as such term is defined in Section 741(7) of the Bankruptcy Code, entitled to the protection of Sections 362(b)(6) and 555 of the Bankruptcy Code.

  • Change of Control Agreement Except as expressly amended herein, all of the terms and provisions of the Change of Control Agreement shall remain in full force and effect.

  • Securities Contract; Swap Agreement The parties hereto intend for (i) the Transaction to be a “securities contract” and a “swap agreement” as defined in the Bankruptcy Code (Title 11 of the United States Code) (the “Bankruptcy Code”), and the parties hereto to be entitled to the protections afforded by, among other Sections, Sections 362(b)(6), 362(b)(17), 546(e), 546(g), 555 and 560 of the Bankruptcy Code, (ii) a party’s right to liquidate the Transaction and to exercise any other remedies upon the occurrence of any Event of Default under the Agreement with respect to the other party to constitute a “contractual right” as described in the Bankruptcy Code, and (iii) each payment and delivery of cash, securities or other property hereunder to constitute a “margin payment” or “settlement payment” and a “transfer” as defined in the Bankruptcy Code.

  • Account Agreement Lender shall have received the original of the Account Agreement executed by each of Cash Management Bank and Borrower.

  • Custodial Agreements Immediately prior to the transfer of the Receivables by the Seller to the Depositor, the Seller or an Affiliate of the Seller had possession of the Receivable Files and there were no, and there will not be any, custodial agreements in effect materially adversely affecting the right or ability of the Seller to make, or cause to be made, any delivery required under this Agreement.

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