Common use of Security Accounts Clause in Contracts

Security Accounts. The Cash Concentration Account, the operating account and the Controlled Disbursement Accounts shall be referred to in this Agreement as “Security Accounts” with all cash, checks and other similar items of payment in such accounts securing payment of the Obligations.

Security Accounts. The Cash Concentration Account, the operating account and the Controlled Disbursement Accounts shall be referred to in this Agreement as “Security Accounts” with all cash, checks and other similar items of payment in such accounts securing payment of the Obligations.. ​

Security Accounts. The Cash Concentration Account, the operating account and the Controlled Disbursement Accounts shall be referred to in this Agreement as “Security Accounts” with all deposits, cash, checks and other similar items of payment in such accountsfinancial assets (as defined in Article 8 of the Uniform Commercial Code), investments and other property from time to time held in, held in connection with or credited to such accounts (including without limitation any assets subject to a sweep program, reciprocal deposits program or similar program with respect to such accounts), and all security entitlements with respect thereto, in each case securing payment of the Obligations.