Examples of Account Security Agreement in a sentence
At the request of the Issuer, the Borrower shall execute any financing statement, supplement to the Collateral Account Security Agreement and Account Control Agreement or other instrument which, according to an Opinion of Counsel, is or may be required to carry out the intent of the parties as expressed in this Loan Agreement, the Bond Resolution and the Collateral Account Security Agreement.
The Borrower hereby waives, to the extent permitted by law, any and all rights which it may now have or which at any time hereafter may be conferred upon it, by statute or otherwise, to terminate or cancel, or to limit its liability under, this Loan Agreement or the Collateral Account Security Agreement and Account Control Agreement except in accordance with the express terms hereof.
The Borrower shall, at its sole expense, file or cause to be filed any financing statements under the Uniform Commercial Code or similar instruments necessary to perfect and continue the security interest of the Issuer in this Loan Agreement, and the payments to be made hereunder and the security interest or interests granted under the Collateral Account Security Agreement and Account Control Agreement.
If your Account is Collateralized Account, we will provide you with a Collateralized Account Security Agreement, granting you a security interest in the collateral.
Capitalized terms used but not defined in this Pledged Deposit Account Security Agreement (the “Security Agreement”) are used as defined in the Visa® Secured Cardholder Agreement (the “Cardholder Agreement”), which is also being provided to you with your Card.