Commodity Accounts definition

Commodity Accounts. “Commodity Contracts”, “Deposit Accounts”, “Documents”, “Equipment”, “Fixtures”, “General Intangibles”, “Goods”, “Instruments”, “Inventory”, “Investment Property”, “Letter of Credit Rights”, “Letters of Credit”, “Money”, “Payment Intangibles”, “Proceeds”, “Securities”, “Securities Account”, “Security Entitlements”, “Supporting Obligations” and “Uncertificated Securities” as such terms are defined in the UCC.

Commodity Accounts shall have the meaning set forth in Article 9 of the UCC.

Commodity Accounts means all “commodity accounts” (as such term is defined in the UCC) of the Loan Parties.

Examples of Commodity Accounts in a sentence

• No arrangement contemplated hereby or by any Account Control Agreement in respect of any Securities Accounts, Commodity Accounts or other Investment Property shall be modified by such Grantor without the prior written consent of the Administrative Agent (such consent to be exercised in good faith).

• Such Grantor agrees that it will not transfer assets out of any Securities Accounts or Commodity Accounts, or transfer any Securities Accounts or Commodity Accounts to another securities intermediary, unless such Grantor, the Administrative Agent, and the substitute securities intermediary have entered into an Account Control Agreement.

• XRPRO USA 77377389 3507712 Live *** SCHEDULE 7 Deposit Accounts, Securities Accounts and Commodity Accounts Obligor Type of Account Name & Address of Financial Institutions Icagen, Inc.

• Upon the occurrence and during the continuance of an Event of Default, the Administrative Agent may notify any securities intermediary to liquidate the applicable Securities Accounts and/or Commodity Accounts or any related Investment Property maintained or held thereby and remit the proceeds thereof to an account specified by the Administrative Agent (including any Collateral Account).

• Borrowers hereby agree to transfer, or cause to be transferred, by wire transfer of immediately available funds, all funds currently on deposit in the XX X’Xxxxx Commodity Accounts that are transferrable or withdrawable out of said accounts to the Commodity Accounts at ADMIS which are identified in the Commodity Account Pledge Agreement, and to provide written wire transfer confirmation to Lender immediately upon completion of said transfer.

More Definitions of Commodity Accounts

Commodity Accounts. “Commodity Contracts”, “Deposit Accounts”, “Documents”, “Equipment”, “Fixtures”, “General Intangibles”, “Goods”, “Instruments”, “Inventory”, “Investment Property”, “Letter of Credit Rights”, “Letters of Credit”, “Money”, “Payment Intangibles”, “Proceeds”, “Securities”, “Securities Account”, “Security Entitlements”, “Supporting Obligations” and “Uncertificated Securities” as each such terms are defined in the UCC. Notwithstanding anything to the contrary contained in clause (a) through (n) above, the security interest created by this Security Agreement shall not extend to, and the term “Collateral” shall not include, any Excluded Property.

Commodity Accounts means those commodities accounts of each Grantor as described in Part IV of Schedule II hereto.

Commodity Accounts has the meaning given to such term in the UCC.

Commodity Accounts means all “commodity accounts” as such term is defined in the UCC as in effect on the date hereof in the State of New York.

Commodity Accounts. (i) shall mean all “commodity accounts” as defined in Article 9 of the UCC and (ii) shall include, without limitation, all of the accounts listed on Schedule 4.3 hereto under the heading “Commodity Accounts” (as such schedule may be amended or supplemented from time to time).

Commodity Accounts as defined in Article 9 of the UCC and (ii) shall include, without limitation, all of the accounts listed on Schedule 3.4 under the heading "Commodities Accounts".

Commodity Accounts means all present and future “commodity accounts” (as defined in Article 9 of the UCC.