Cash Collateral Account Control Agreement definition

Cash Collateral Account Control Agreement means a Deposit Account Control Agreement, which, among other things, (a) prohibits the Borrowers from withdrawing or transferring any amounts or investment property from such account except upon the conditions set forth in Section 9.26(f) hereof, (b) provides that the bank at which such account is maintained will provide to Agent a daily report as to the balance of such account, and (c) and is otherwise satisfactory to Agent in form and substance.

Cash Collateral Account Control Agreement has the meaning assigned to such term in Section 4.01.

Cash Collateral Account Control Agreement means a deposit account control agreement in a form reasonably satisfactory to the Collateral Agent, executed by the Company, Xxxxx Oxford, any Xxxxx Oxford Entity or any Xxxxx Oxford Subsidiary, as applicable, the Collateral Agent and the relevant depositary institution.

Examples of Cash Collateral Account Control Agreement in a sentence

• From and after the Fourth Amendment Effective Date, the Administrative Agent shall take any and all actions necessary (including any actions necessary to terminate the GP Cash Collateral Account Control Agreement, the GP Cash Collateral Pledge Agreement and the Equity Holder Agreement) to cause its Lien on and security interest in the GP Collateral, including, without limitation, the GP Cash Collateral Account, to be released as contemplated by Section 4 of the Fourth Amendment.

• The Cash Collateral Account Control Agreement shall provide that (i) the Blocked Account Bank has no lien upon, or right of set off against, any deposit account or in any cash, checks, items, wires or other funds from time to time on deposit therein, and (ii) the Borrower shall no access to the funds on deposit in the Funding Account at any time.

• All other promissory notes, certificates and instruments constituting Pledged Collateral from time to time shall be delivered to the Custodian and the Cash Collateral Custodian, as applicable, in accordance with the Amended and Restated Securities Account Control Agreement and the Cash Collateral Account Control Agreement, as applicable, for deposit into the Accounts promptly upon the receipt thereof by or on behalf of the Pledgor.

• All such promissory notes, certificates and instruments shall be held on behalf of the Pledgees pursuant to the Amended and Restated Securities Account Control Agreement and the Cash Collateral Account Control Agreement, as applicable, and shall be delivered in suitable form for transfer by delivery or shall be accompanied by duly executed instruments of transfer or assignment or undated stock powers executed in blank, all in form and substance reasonably satisfactory to the Pledgees.

• Amounts in the Cash Secured XX Xxxx Collateral Account and the LC Facilities Cash Collateral Account shall be invested by the applicable depositary bank in accordance with the terms of the Cash Secured XX Xxxx Collateral Account Control Agreement and the LC Facilities Cash Collateral Account Control Agreement, respectively.

More Definitions of Cash Collateral Account Control Agreement

Cash Collateral Account Control Agreement means an account control agreement, reasonably satisfactory to the Lender and the Borrower, entered into by and among the Borrower, the Lender and the Account Bank, pursuant to the provisions of Section 7.12(a), as amended, amended and restated, supplemented or otherwise modified from time to time.

Cash Collateral Account Control Agreement means the Deposit Account Control Agreement, dated as of October 21, 2020, by and among the Company, the Collateral Agent and Xxxxx Fargo Bank, National Association, in respect of the Company Cash Collateral Account, as such agreement may be amended from time to time in accordance with its terms.

Cash Collateral Account Control Agreement means a deposit account control agreement in form and substance satisfactory to the Administrative Agent covering the Cash Collateral Account, which provides the Administrative Agent with (a) the exclusive right to direct disposition of funds from the Cash Collateral Account and (b) control (within the meaning of Section 9-104 of the UCC). “Change of Control” means (a) the acquisition of beneficial ownership, directly or indirectly, by any Person or group of Persons acting jointly or otherwise in concert of capital stock representing more than 50% of the aggregate ordinary voting power represented by the issued and outstanding capital stock of Borrower, (b) the failure of Borrower to own directly or indirectly 100% of the issued and outstanding Equity Interests in each Subsidiary Guarantor, (c) during any period of twelve (12) consecutive calendar months, the occupation of a majority of the seats (other than vacant seats) on the board of directors of Borrower by Persons who were neither (i) nominated by the board of directors of Xxxxxxxx, nor (ii) appointed by directors so nominated, or (d) the acquisition of Control of Borrower by any Person or group of Persons acting jointly or otherwise in concert; in each case whether as a result of a tender or exchange offer, open market purchases, privately negotiated purchases or otherwise. For purposes of this definition, “Control” means, in respect of a particular Person, the possession, directly or indirectly, pursuant to a written agreement, of the power to make key decisions with regard to the management of such Person. “Claims” includes claims, demands, complaints, grievances, actions, applications, suits, causes of action, orders, charges, indictments, prosecutions or other similar processes, assessments or reassessments. “Code” means the Internal Revenue Code of 1986, as amended from time to time, and the rules and regulations promulgated thereunder from time to time. “Collateral” means any Property in which a Lien is purported to be granted under any of the Security Documents (or all such Property, as the context may require). “Commitment” means, with respect to each Lender, the commitment of such Lender to make Loans to Borrower in accordance with the terms and conditions of this Agreement. The initial amount of each Lender’s Commitment is set forth opposite such Xxxxxx’s name on Schedule 1, or in the Assignment and Acceptance pursuant to which such Lender shall have assumed its Commitment, as applicable. ...

Cash Collateral Account Control Agreement means a deposit account control agreement in form and substance satisfactory to the Administrative Agent covering the Cash Collateral Account, which provides the Administrative Agent with

Cash Collateral Account Control Agreement means the Deposit Account and Sweep Investment Control Agreement dated August 16, 2017, between the Sponsor, IFC and Wxxxx Fargo Bank, N.A.;

Cash Collateral Account Control Agreement means the account control agreement in respect of the Cash Collateral Account entered into or to be entered into on or following the date hereof between the Sponsor, IFC and Wxxxx Fargo Bank, N.A.;

Cash Collateral Account Control Agreement means that certain Deposit Account Control Agreement (Cash Collateral Account), dated as of the date hereof, by and among Lender, Borrower and Deutsche Bank Trust Companies Americas, a New York banking corporation.