Termination of Deposit Account Control Agreement Sample Clauses

Termination of Deposit Account Control Agreement. You are hereby notified that the Deposit Account Control Agreement, dated as of [ ], 20[ ] among [DEBTOR], you and the undersigned (a copy of which is attached) is terminated and you have no further obligations to the undersigned pursuant to such Agreement. Notwithstanding any previous instructions to you, you are hereby instructed to accept all future directions with respect to account number(s) [ ] from [DEBTOR]. This notice terminates any obligations you may have to the undersigned with respect to such account; however, nothing contained in this notice shall alter any obligations which you may otherwise owe to [DEBTOR] pursuant to any other agreement. You are instructed to deliver a copy of this notice by facsimile transmission to [DEBTOR]. Very truly yours, MIDLAND LOAN SERVICES, INC., as Collateral Trustee By: Name: Title: cc: [DEBTOR] EXHIBIT D TO PLEDGE AND SECURITY AGREEMENT [FORM OF] NOTICE OF GRANT OF SECURITY INTEREST IN PATENTS NOTICE OF GRANT OF SECURITY INTEREST IN PATENTS (this “Notice”), dated as of [ ], 20[ ], made by and among [ ] (the “Grantor”) in favor of Midland Loan Services, Inc., as Collateral Trustee (the “Secured Party”; the Secured Party and the Grantor, collectively the “Parties”).
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Termination of Deposit Account Control Agreement. You are hereby notified that the Deposit Account Control Agreement dated as of , 20011 among [NAME OF THE DEBTOR], you and the undersigned (a copy of which is attached) is terminated and you have no further obligations to the undersigned pursuant to such Agreement. Notwithstanding any previous instructions to you, you are hereby instructed to accept all future directions with respect to account number(s) from [NAME OF THE DEBTOR]. This notice terminates any obligations you may have to the undersigned with respect to such account, however nothing contained in this notice shall alter any obligations which you may otherwise owe to [NAME OF THE DEBTOR] pursuant to any other agreement. You are instructed to deliver a copy of this notice by facsimile transmission to [NAME OF THE DEBTOR]. Very truly yours, CREDIT SUISSE, CAYMAN ISLANDS BRANCH, as Collateral Agent By: Authorized Signatory / Name: Title: Exhibit C to the Pledge and Security Agreement FORM OF TRADEMARK SECURITY AGREEMENT TRADEMARK SECURITY AGREEMENT dated as of [ ], 2007 (as amended, restated, supplemented or otherwise modified, the “Trademark Security Agreement”), made by each of the signatories hereto other than the Collateral Agent (as defined below) (together with any other entity that may become a party hereto as provided herein, the “Grantors”), in favor of CREDIT SUISSE, as collateral agent (in such capacity and together with its successors, the “Collateral Agent”) for (i) the banks and other financial institutions or entities (the “Lenders”) from time to time parties to the Credit Agreement dated as of [ ], 2007 (as amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”), among MacDermid Holdings, LLC, a Delaware limited liability company, Matrix Acquisition Corp., a Connecticut corporation, MacDermid, Incorporated, a Connecticut corporation, the Lenders party thereto, Credit Suisse, as administrative agent and as collateral agent, Xxxxxxx Xxxxx Credit Partners L.P., as syndication agent, and CIBC World Markets Corp. and Bear Steams & Co. Inc., as co-documentation agents, and (ii) the other Secured Parties.
Termination of Deposit Account Control Agreement. Reference is hereby made to the Multi-Party Blocked Account Agreement, dated as of July 20, 2005 (the “Multi-Party Blocked Account Agreement”), among Xxxxxxx Xx Worth, LLC (“Customer”), you, and U.S. BANK NATIONAL ASSOCIATION, as the Secured Party (a copy of which is attached). Capitalized terms used herein and not defined herein, shall have the meanings assigned to such terms in such Multi-Party Blocked Account Agreement. You are hereby notified that the Multi-Party Blocked Account Agreement is terminated with respect to the undersigned and you have no further obligations to the undersigned thereunder. Notwithstanding any previous instructions to you, you are hereby instructed to accept all future directions with respect to the Items and Account from Customer. This notice terminates any obligations you may have to the undersigned with respect to the Collateral; however nothing contained in this notice shall alter any obligations which you may otherwise owe to Customer pursuant to any other agreement. You are instructed to deliver a copy of this notice by facsimile transmission to Customer. Very truly yours, U.S. BANK NATIONAL ASSOCIATION, solely in its capacity as Trustee (and not individually), as the Secured Party By: Name: Title:
Termination of Deposit Account Control Agreement. You are hereby notified that the Deposit Account Control Agreement dated as of , 200[ ] among [NAME OF THE DEBTOR], you and the undersigned (a copy of which is attached) is terminated and you have no further obligations to the undersigned pursuant to such Agreement. Notwithstanding any previous instructions to you, you are hereby instructed to accept all future directions with respect to account number(s) from [NAME OF THE DEBTOR]. This notice terminates any obligations you may have to the undersigned with respect to such account, however nothing contained in this notice shall alter any obligations which you may otherwise owe to [NAME OF THE DEBTOR] pursuant to any other agreement. You are instructed to deliver a copy of this notice by facsimile transmission to [NAME OF THE DEBTOR]. Very truly yours, XXXXXXX SACHS CREDIT PARTNERS L.P., as Collateral Agent By: Name: Title:

Related to Termination of Deposit Account Control Agreement

  • 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.

  • Account Control Agreement The provisions of Sections 8.02 and 8.05 are subject to the terms of the Account Control Agreement.

  • 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.

  • Control Agreements (i) Except to the extent otherwise excused by Section 7(k)(iv), each Grantor shall obtain an authenticated Control Agreement (which may include a Controlled Account Agreement), from each bank maintaining a Deposit Account or Securities Account for such Grantor;

  • 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 of Control Agreements Neither the execution and delivery of this Agreement nor the consummation of the Merger or the other transactions contemplated by this Agreement, will (either alone or in conjunction with any other event) result in, cause the accelerated vesting or delivery of, or increase the amount or value of, any payment or benefit to any director, officer or employee of the Company. Without limiting the generality of the foregoing, no amount paid or payable by the Company in connection with or by reason of the Merger or the other transactions contemplated by this Agreement, including accelerated vesting of options, (either solely as a result thereof or as a result of such transactions in conjunction with any other event) will be an “excess parachute payment” within the meaning of Section 280G of the Code.

  • Administration of Deposit Accounts Schedule 8.5 sets forth all Deposit Accounts maintained by Obligors, including all Dominion Accounts. Each Obligor shall take all actions necessary to establish Agent’s control over each such Deposit Account (other than Excluded Deposit Accounts). Each Obligor shall be the sole account holder of each Deposit Account and shall not allow any Person (other than Agent) to have control over a Deposit Account or any Property deposited therein. Each Obligor shall promptly notify Agent of any opening or closing of a Deposit Account and, with the consent of Agent, will amend Schedule 8.5 to reflect same.

  • Securities Account Provisions If and to the extent any Collateral Account is a securities account (within the meaning of Section 8-501 of the UCC) the Financial Institution agrees that:

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