Examples of Account Control Letter in a sentence
The Chargor shall on the date of this Deed serve an Account Control Letter duly executed by it on the Custodian and use its reasonable endeavours to procure that the Custodian counter-signs the Account Control Letter (or in such other form as may be specified by the Chargee).
Because there is a focus on security and availability for the cross-border e-Justice service, e-CODEX coordinates and establishes an appropriate, efficient and secure e-Delivery solution (figure 1).
All references to the Sold Subsidiary in the recitals or signature pages of the Notes, the Collateral Assignment of Security Interest Patents and Patent Applications, the Collateral Assignment of Security Interest in Trademarks and Licenses, the Collateral Assignment of Security Interest in Copyrights, the Advertising Permission Letter, the Blocked Account Control Letter, and the Acknowledgement of Blocked Accounts is hereby deleted and the Sold Subsidiary shall no longer be a party to such documents.
No Collection Account shall be subject to any deduction, set off, banker's lien or any other right in favor of any Person (other than as may be expressly set forth in the applicable Deposit Account Control Letter).
The Borrower may withdraw funds from the Dedicated Accounts and the Fee Collection Account in its discretion in the ordinary course of business unless an Event of Default has occurred and is continuing and the Administrative Agent has delivered a Control Notice to (i) the Dedicated Account Administrator pursuant to the Sold Excess Servicing Spread Purchaser Account Control Letter Agreement and (ii) the Fee Collection Account Bank pursuant to the related Control Agreement, as applicable.
Perfection of Security 8.1 Account Control Letter in respect of the Custodian Cash Account and the Custody Account The Chargor shall on the date of this Deed serve an Account Control Letter duly executed by it on the Custodian and use its reasonable endeavours to procure that the Custodian counter-signs the Account Control Letter (or in such other form as may be specified by the Security Agent).
The most recent performance tests can be found at the location referenced in Appendix A.
In accordance with the terms of the applicable Cash Collateral Account Control Letter, each Lockbox Bank shall be instructed to deposit on a daily basis all Collections sent to the Lockbox maintained by such Lockbox Bank directly into the applicable Collection Account of the Borrowers in the identical form in which each such Collections was made (except for any necessary endorsements) whether by cash or check.
The Chargor shall on the date of this Deed serve an Account Control Letter duly executed by it on the Custodian and use its reasonable endeavours to procure that the Custodian counter-signs the Account Control Letter (or in such other form as may be specified by the Security Agent).
Each Lockbox Bank shall have entered into a letter agreement with the Borrowers relating to rights of the Administrative Agent with respect to the Lockboxes maintained with the Lockbox Bank by Borrowers and with respect to the Collection Account (a "Deposit Account Control Letter"), substantially in the form of Exhibit N and otherwise in form and substance reasonably satisfactory to the Administrative Agent.