Collateral Accounts definition

Collateral Accounts means any and all accounts established and maintained by the Pledgee in the name of any Pledgor to which Collateral may be credited.

Collateral Accounts means the Cash Collateral Accounts, the Controlled Deposit Accounts and the Controlled Securities Accounts.

Collateral Accounts has the meaning given to such term in Section 6.3.

Examples of Collateral Accounts in a sentence

• The Financial Institution will promptly deliver copies of statements, confirmations and correspondence about the Collateral Accounts and the cash or other financial assets credited to a Collateral Account to the Grantor and the Secured Party.

• No termination of the rights and obligations of the Financial Institution under this Agreement will be effective until new Collateral Accounts are established with, and the cash and other financial assets credited to the Collateral Accounts are transferred to, another securities intermediary who has agreed to accept the obligations of the Financial Institution under this Agreement or a similar agreement.

• Except for the claims and interest of the Secured Party and of the Grantor in the Collateral Accounts, the Financial Institution has no actual knowledge of any Lien on or claim to, or interest in, any of the Collateral Accounts or in any “financial asset” (as defined in Section 8-102(a) of the UCC) or other property credited thereto.

• If at any time the Secured Party delivers to the Financial Institution a Notice of Sole Control in substantially the form set forth in Exhibit A hereto (a “Notice of Sole Control”), the Financial Institution agrees that after receipt of such notice, it will take all instructions with respect to the Collateral Accounts solely from the Secured Party and shall not comply with instructions or entitlement orders of any other person.

• Notwithstanding any previous instructions to you, you are hereby instructed, as Financial Institution, to accept all future directions with respect to the Collateral Accounts from the Grantor.

More Definitions of Collateral Accounts

Collateral Accounts shall have the meaning set forth in Section 3.1.1.

Collateral Accounts means, where the context requires, all Collateral Accounts, collectively.

Collateral Accounts has the meaning set forth in Section 8.01(a).

Collateral Accounts is defined in Section 4.3(b).

Collateral Accounts means the Controlled Deposit Accounts and the Controlled Securities Accounts.

Collateral Accounts shall have the meaning given to it in the Depository Agreement.

Collateral Accounts means any account designated as such by Lender pursuant to a Collateral Agreement or as established pursuant to this Loan Agreement, including the Reserve/Escrow Account.