Springing Account Control Agreements Sample Clauses

Springing Account Control Agreements. Subject to the post-closing deadlines set forth in Section 10(b) of this Schedule and subject to the Junior Lien Intercreditor Agreement, the Lender shall have received Account Control Agreements, duly executed by each applicable account bank or securities intermediary, Emblem, Lender and Borrower in respect of each Deposit Account and securities account (other than Excluded Accounts) in accordance with the requirements set forth in Section 8(c) of this Schedule.
Sample 1
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Springing Account Control Agreements. By no later than the fifteenth (15th) day following the Restatement Date, the Lender shall have received Account Control Agreements, duly executed by each applicable account bank or securities intermediary, the Lender, Emblem and Borrower in respect of each Deposit Account and securities account (other than Excluded Accounts) in accordance with the requirements set forth in Section 8(c) of this Schedule. (c)
Sample 1
Springing Account Control Agreements. Subject to the post-closing deadlines set forth in Section 10(b) of this Schedule, the Administrative Agent shall have received (i) an Account Control Agreement, duly executed by the account bank and Borrower in respect of the Designated Account which properly perfects the first-priority security interest of the Collateral Agent (for the benefit of the Secured Parties) in the Designated Account and (ii) Account Control Agreements, duly executed by each applicable account bank or securities intermediary, the Collateral Agent, PMC and Borrower in respect of each Deposit Account and securities account (other than Excluded Accounts) in accordance with the requirements set forth in Section 8(c) of this Schedule.
Sample 1
Springing Account Control Agreements. By no later than the fifteenth (15th) day following the Initial Closing Date, the Administrative Agent shall have received (i) an Account Control Agreement, duly executed by the Collateral Agent and Borrower in respect of the Designated Account which properly perfects the Collateral Agent’s first-priority security interest in the Designated Account and (ii) Account Control Agreements, duly executed by each applicable account bank or securities intermediary, the Collateral Agent, PMC and Borrower in respect of each Deposit Account and securities account (other than Excluded Accounts) in accordance with the requirements set forth in Section 8(c) of this Schedule. (c)
Sample 1

Related to Springing Account Control Agreements

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

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

  • 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.

  • Change in Control Agreement An Agreement Regarding Change in Control in effect between the Company (or the Surviving Entity) and the Employee, if any.

  • Deposit Account If you are issued a secured Card, you have signed or will be required to sign a separate security agreement pledging a specific, non-withdrawable portion of your shares and/or deposits in BECU to secure your Card. The amount of the security for such a Card is the amount of your credit limit and you may not have any access to or control of that amount.

  • Deposit Accounts, Securities Accounts and Commodity Accounts Attached hereto as Schedule 14 is a true and complete list of all Deposit Accounts, Securities Accounts and Commodity Accounts (each as defined in the Security Agreement) maintained by each Company, including the name of each institution where each such account is held, the name of each such account and the name of each entity that holds each account.

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