Commodity Account Control Agreement definition
Commodity Account Control Agreement means a control agreement in a form that is reasonably satisfactory to the Collateral Agent establishing the Collateral Agent’s Control with respect to any Commodity Account.
Commodity Account Control Agreement means a commodity account control agreement in a form that is reasonably satisfactory to the Collateral Agent.
Commodity Account Control Agreement has the meaning assigned to such term in the Security Agreement.
Examples of Commodity Account Control Agreement in a sentence
Unless the Secured Party agrees in writing that it is not required, as of the date hereof, each Grantor has duly authorized, executed and delivered a Securities Account Control Agreement or a Commodity Account Control Agreement with respect to each Securities Account or Commodity Account listed in Schedule 7 hereof, if any, as applicable.
More Definitions of Commodity Account Control Agreement
Commodity Account Control Agreement means an agreement among any Grantor, a commodity intermediary, and the Collateral Agent establishing control of a Commodity Account maintained by any Grantor with such commodity intermediary.
Commodity Account Control Agreement has the meaning specified in Section 5.01(e).
Commodity Account Control Agreement has the meaning specified in Section 9.17.
Commodity Account Control Agreement means the Commodity Account Control Agreement executed and delivered by a commodity intermediary, DIP Agent and Borrowers, substantially in the form of Exhibit XVIII annexed to the Prepetition Credit Facilities or such other form as may be approved by DIP Agent, as such Commodity Account Control Agreement may be amended, supplemented or otherwise modified from time to time, and "Commodity Account Control Agreements" means all such Commodity Account Control Agreements, collectively.
Commodity Account Control Agreement means an agreement, in form and substance reasonably satisfactory to the Collateral Agent, among any Credit Party, a commodity intermediary holding such Credit Party’s assets, including funds and commodity contracts, and the Collateral Agent with respect to collection and control of all deposits, commodity contracts (and the application of value on account of such commodity contracts) and other balances held in a Commodity Account maintained by any Credit Party with such commodity intermediary.
Commodity Account Control Agreement means, with respect to any Commodity Account as to which a Lien Grantor is the Commodity Customer, an agreement by such Lien Grantor, the Collateral Agent and the relevant Commodity Intermediary that the Commodity Intermediary will apply any value distributed on account of the Commodity Contracts carried in such Commodity Account as directed by the Collateral Agent without further consent by such Lien Grantor. Each such agreement must be reasonably satisfactory in form and substance to the Collateral Agent.
Commodity Account Control Agreement means an agreement in form reasonably satisfactory to the Controlling Agent sufficient to grant the Controlling Agent Control over a specified Commodity Account.