DACA Account is defined in Section 4.9(a).
DACA Account means a bank account held by a Designated Subsidiary in the United States of America, in respect of which account such Designated Subsidiary has provided to the Collateral Agent a deposit account control agreement perfecting the Lien of the Security over such account in form and substance satisfactory to the Collateral Agent, acting reasonably.
DACA Account means any deposit or other bank account of any Loan Party subject to a Deposit Account Control Agreement.
Examples of DACA Account in a sentence
For each of the Second Tranche Closing and the Third Tranche Closing, the Investor shall deposit 40% of the applicable Subscription Amount into the DACA Account, subject to the terms and conditions of the Transaction Documents.
More Definitions of DACA Account
DACA Account means a bank account held by a Designated Subsidiary in the United States, in respect of which account such Designated Subsidiary has provided to the Collateral Agent a deposit account control agreement perfecting the Lien of the Collateral Documents over such account in form and substance satisfactory to the Collateral Agent, acting reasonably.
DACA Account means any deposit account or securities account of a US Loan Party with respect to which First Priority Representative has entered into a deposit account control agreement or a securities account control agreement for the purpose of obtaining control over such deposit account in accordance with Section 9-104(a)(2) or Section 8-106(d)(2) of the Uniform Commercial Code but in respect of which Second Priority Representative has not entered into such a deposit account control agreement or a securities account control agreement (and solely to the extent that the Uniform Commercial Code that is applicable to perfection of a security interest in such deposit account or securities account includes a provision substantially similar to Section 9-104(a)(5) or Section 8-106(d)(3) of the Uniform Commercial Code of the State of New York as in effect on the date hereof).
DACA Account means any deposit or other bank account of the Borrower subject to a Deposit Account Control Agreement.
DACA Account means the lockbox account established under Section 2(e).
DACA Account substantially in the form set forth on Schedule B (the “Deposit Account Control Agreement”). Funds shall be distributed from the DACA Account in accordance with Section 3(d)(iii) of this Agreement, and the Deposit Account Control Agreement shall direct the Bank shall at all times during its term to accept disposition instructions solely from F8 without consent from Vendor.