Account Security Agreement definition

Account Security Agreement that certain Account Security Agreement, dated on or prior to the Advance Date, between the Borrower and the Security Trustee, together with the notice of charge to the Account Bank and the acknowledgement of charge from the Account Bank.
Account Security Agreement means each Account Control Agreement and each Account Pledge Agreement.
Account Security Agreement means an agreement creating security over a bank account maintained by a Foreign Obligor.

Examples of Account Security Agreement in a sentence

  • All deposits to and disbursements of all or any portion of the deposits to the Cash Trap Account shall be in accordance with this Agreement and the Cash Trap Account Security Agreement.

  • The Borrower shall enter into with the Administrative Agent and the applicable Depository Bank a Cash Trap Account Security Agreement (with such changes thereto as may be required by the Depository Bank and satisfactory to the Administrative Agent) which shall govern the Cash Trap Account established for it and the rights, duties and obligations of each party to such Cash Trap Account Security Agreement.

  • With respect to the GS Margin Account Agreement, the Issuer and the Trustee have entered into the GS Margin Account Security Agreement.

  • The Seller will cause all Seller Operating Accounts to be subject at all times to a Security Document and all Collection Accounts to be subject at all times to an Account Security Agreement.

  • On or prior to the Closing Date, Borrowers will establish and will maintain until the Termination Date, the Cash Management System described in Annex B (Cash Management System) attached hereto, including but not limited to the provisions of the Deposit Account Security Agreement and related Control Agreements.


More Definitions of Account Security Agreement

Account Security Agreement means a document in an agreed form creating a Security Interest over any bank account of an Obligor in favour of the Finance Parties.
Account Security Agreement shall have the meaning assigned to that term in paragraph 4.2 of this Agreement.
Account Security Agreement means that certain Cash Collateral Account Security, Pledge and Assignment Agreement (Distribution Account) dated as of the Closing Date, between the Pledgor and the Pledgee, as same may be amended, supplemented, renewed, extended, replaced or restated from time to time, in accordance with the terms thereof.
Account Security Agreement means that certain Account Security Agreement, dated as of February 22, 2024, by and between Tellurian Investments LLC, ProductionCo, Tellurian Operating LLC and the Collateral Trustee.
Account Security Agreement means a Security Agreement in form and substance satisfactory to the Administrative Agent relating to the accounts receivable of any leased facility of the Borrower or any Restricted Subsidiary which have been pledged under the lease agreement relating thereto to secure the obligations owing to the lessor thereunder.
Account Security Agreement means the Dutch law governed pledge over bank account (Collection Account) made between the Borrower and the Security Agent dated on or about the date of this Agreement in respect of the Collection Account Affiliate means, in relation to any person, a Subsidiary of that person or a Holding Company of that person or any other Subsidiary of that Holding Company AMPSA means Aegean Marine Petroleum S.A.