Examples of Collateral Account Control Agreement in a sentence
Pledgor, Secured Party and Securities Intermediary previously entered into a Collateral Account Control Agreement, dated January 7, 2022 (the “Prior Agreement”), and desire to amend and restate the terms of this Prior Agreement to include multiple Accounts, as described and set forth herein.
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.
This Agreement supersedes and replaces that certain Collateral Account Control Agreement dated as of January 7, 2022.
The Borrower, the Collateral Agent and the Securities Intermediary shall always be party to the Collateral Account Control Agreement.
Such account may be a "Chase Cash Escrow." "CASH COLLATERAL ACCOUNT AGREEMENT" shall mean the Cash Collateral Account Control Agreement dated as of October 31, 2000 between the Grantor and the Collateral Agent, in Substantially the form of Exhibit B attached hereto, which may be amended pursuant to the terms thereof and the Collateral Agency and Intercreditor Agreement (with the consent, or instruction, of the Required Holders thereunder).