Cash Management Control Agreement definition

Cash Management Control Agreement means a “control agreement” in form and substance acceptable to the Administrative Agent and containing terms regarding the treatment of all cash and other amounts on deposit in the Collection Account governed by such Cash Management Control Agreement consistent with the requirements of Section 5.03.

Cash Management Control Agreement means a “control agreement” in form and substance reasonably acceptable to the Administrative Agent.

Cash Management Control Agreement means (i) (x) in respect of a Deposit Account located in the United States, a “control agreement” in form and substance reasonably acceptable to the Administrative Agent and containing terms regarding the treatment of all cash and other amounts on deposit in the respective Deposit Account governed by such Cash Management Control Agreement consistent with the requirements of Section 5.03 and (y) in respect of a Deposit Account located outside of the United States, an agreement in form and substance reasonably satisfactory to the Administrative Agent perfecting the Lien of the Administrative Agent in the amounts on deposit therein and containing terms regarding the treatment of all cash and other amounts on deposit in the respective Deposit Account governed by such Cash Management Control Agreement consistent with the requirements of Section 5.03 and (ii) (x) in respect of a securities account located in the United States, a “control agreement” in form and substance reasonably acceptable to the Administrative Agent and containing terms regarding the treatment of all securities and other amounts on deposit in the respective securities account governed by such Cash Management Control Agreement and (y) in respect of a securities account located outside of the United States, an agreement in form and substance reasonably satisfactory to the Administrative Agent perfecting the Lien of the Administrative Agent in the securities and other amounts on deposit therein.

Examples of Cash Management Control Agreement in a sentence

• At the time any such Deposit Account is established, the appropriate Cash Management Control Agreement shall be entered into in accordance with the requirements of Section 10.13 of the Credit Agreement and the respective Assignor shall furnish to the Administrative Agent a supplement to Annex C hereto containing the relevant information with respect to the respective Deposit Account and the bank with which same is established.

• For each Deposit Account (other than (i) Exempted Deposit Accounts and (ii) Exempted Disbursement Accounts) the respective Assignor shall cause the bank with which the Deposit Account is maintained to execute and deliver to the Administrative Agent, on the Closing Date or, if later, at the time of the establishment of the respective Deposit Account, a Cash Management Control Agreement in accordance with the provisions of Section 10.13 of the Credit Agreement.

• The Loan Parties may close deposit accounts at any Collection Bank and/or open new deposit accounts, subject (in the case of opening any new deposit account) to the contemporaneous (or such longer period as the Agent may reasonably agree) execution and delivery to the Agent of a Cash Management Control Agreement consistent with the provisions of this Section 2.21 and otherwise reasonably satisfactory to the Agent.

• The Borrower may close deposit accounts at any Collection Bank and/or open new deposit accounts at any Collection Bank, subject (in the case of opening any new deposit account) to the contemporaneous (or such longer period as the Agent may reasonably agree) execution and delivery to the Agent of a Cash Management Control Agreement consistent with the provisions of this Section 2.21 and otherwise reasonably satisfactory to the Agent.

• The Company will, and will cause the other U.S. Credit Parties to, maintain at all times at least $200,000,000 in the aggregate of Unrestricted cash and Cash Equivalents of the U.S. Credit Parties in Core U.S. Deposit Accounts and DB U.S. Accounts that are, from and after the 60th day following the Effective Date (as such date may be extended by the Administrative Agent in its sole discretion), subject to a Cash Management Control Agreement in favor of the Collateral Agent.

More Definitions of Cash Management Control Agreement

Cash Management Control Agreement means a “control agreement” in form and substance reasonably acceptable to the Administrative Agent and executed by an institution maintaining a Deposit Account or Securities Account, as applicable, for a Loan Party (other than Excluded Accounts), to perfect and/or better evidence the Administrative Agent’s Lien on such account. For the avoidance of doubt, each Cash Management Control Agreement shall (unless otherwise agreed by the Administrative Agent in its sole discretion) include provisions that allow, during any Dominion Period, for all collected amounts held in any such Deposit Account or Securities Account from and after the date requested by the Administrative Agent, to be sent by ACH or wire transfer or similar electronic transfer no less frequently than once per Business Day to a Core Canadian Deposit Account or a Core U.S. Deposit Account, as applicable.

Cash Management Control Agreement means a “control agreement” in form and substance reasonably acceptable to the Administrative Agent and containing terms regarding the treatment of all cash and other amounts on deposit in the respective Collection Account, Disbursement Account, Designated Xxxxx Cash Account, Designated Payroll Account or LKE Joint Account governed by such Cash Management Control Agreement consistent with the requirements of Section 5.03 hereto and Section 3.9 of the US Security Agreement (including, without limitation, any such agreement with respect to any LKE Joint Account pursuant to which the applicable Credit Party and the LKE Qualified Intermediary instruct the appropriate financial institution(s) to transfer funds from the LKE Joint Accounts to the Administrative Agent in accordance with Section 5.03 hereto).

Cash Management Control Agreement means a power of attorney, or signing rights “control agreement” or other agreement, in each case in form and substance reasonably acceptable to the Administrative Agent which, in the case of the English Obligors and Australian Obligors, can be incorporated within the relevant Security Document governed by the laws of England and Wales or Australia (as applicable) (unless a separate control agreement is deemed advisable by the Administrative Agent), and containing terms regarding the treatment of all cash and other amounts on deposit in (or credited to) the respective Deposit Account governed by such Cash Management Control Agreement consistent with the requirements of Section 5.03.

Cash Management Control Agreement means a “control agreement” in form and substance reasonably acceptable to the Collateral Agent.

Cash Management Control Agreement has the meaning assigned to that term in the ABL Credit Agreement.

Cash Management Control Agreement means a “control agreement” in form and substance reasonably acceptable to the Administrative Agent. “Cash Management Services” shall mean treasury, depositary or cash management services (including overnight overdraft services), automatedclearinghouse transfers of funds and purchasing, credit and debit card services.

Cash Management Control Agreement means a “control agreement” in form and substance reasonably acceptable to the Administrative Agent. “Cash Management Services” shall mean treasury, depositary or cash management services (including overnight overdraft services), automated