Holdback Account Control Agreement definition

Holdback Account Control Agreement means those certain blocked account control agreements among Administrative Agent, the related Servicer, the related depository bank and the other parties thereto, providing for the Administrative Agent’s control over the related Holdback Account.
Sample 1Sample 2Sample 3
Holdback Account Control Agreement means the Holdback Account Control Agreement, dated on or around the Closing Date, executed by Buyer, Sellers and the Holdback Account Bank, as the same may be amended, supplemented, otherwise modified or replaced from time to time.
Sample 1
Holdback Account Control Agreement means, with respect to each Holdback Account, (a) that certain Holdback Deposit Account Control Agreement with respect to the Cherrywood Mortgage Loans, dated as of the date hereof, by and among Sellers, Situs, Buyer and the Cherrywood & CRE Holdback Bank, (b) that certain Holdback Deposit Account Control Agreement with respect to the CRE Bridge Mortgage Loans, dated as of the date hereof, by and among Sellers, Situs, Buyer and the Cherrywood & CRE Holdback Bank, (c) that certain 11 See Amendment 6 to Master Repurchase Agreement, dated as of June 21, 2021 for deletion of defined terms “Guarantor” and “Guaranty”. Pursuant to such Amendment, all references to such terms shall be inapplicable, but solely to the extent of such terms and the related obligations of the Guarantor. For the avoidance of doubt, all obligations of each Seller shall remain in full force and effect, except as specifically amended hereby. Holdback Account Control Agreement, dated as of the date hereof, by and among Sellers, AOPB, BSI, Buyer and the RTL Holdback Bank, and (d) any other deposit account control agreement, among a Seller or Sellers, a Servicer or Servicers, an Originator or Originators, Buyer and a bank, in each case, which shall provide for Buyer’s control of the applicable Holdback Account(s) as provided for thereunder and shall be in form and substance acceptable to Buyer, and, in each case, as the same may be amended, restated, supplemented or otherwise modified from time to time.
Sample 1

Examples of Holdback Account Control Agreement in a sentence

  • If any related Mortgage Loan that is subject to the proposed Transaction has a Holdback Amount, Buyer shall have received the Holdback Account Control Agreement duly executed by the parties thereto, together with a security interest, general corporate and enforceability opinion or opinions of outside counsel to the Sellers covering the Holdback Account Control Agreement; each of which shall be in a form acceptable to Buyer in its sole discretion.

  • With respect to any RTL Mortgage Loans subject to a Holdback Component, Purchaser shall have received the Holdback Account Control Agreement duly executed by the parties thereto, together with a security interest, general corporate and enforceability opinion or opinions of outside counsel to Seller covering the Holdback Account Control Agreement; each of which shall be in a form acceptable to Purchaser in its sole discretion.

  • Upon the execution and delivery of the Holdback Account Control Agreement, Buyer shall have a fully perfected first priority security interest in the Holdback Account.


More Definitions of Holdback Account Control Agreement

Holdback Account Control Agreement means, with respect to each Holdback Account, (a) that certain Holdback Deposit Account Control Agreement with respect to the Cherrywood Mortgage Loans, dated as of the date hereof, by and among Sellers, Situs, Buyer and the Cherrywood & CRE Holdback Bank, (b) that certain Holdback Deposit Account Control Agreement with respect to the CRE Bridge Mortgage Loans, dated as of the date hereof, by and among Sellers, Situs, Buyer and the Cherrywood & CRE Holdback Bank, (c) that certain Holdback Account Control Agreement, dated as of the date hereof, by and among Sellers, AOPB, BSI, Buyer and the RTL Holdback Bank, and (d) any other deposit account control agreement, among a Seller or Sellers, a Servicer or Servicers, an Originator or Originators, Buyer and a bank, in each case, which shall provide for Buyer’s control of the applicable Holdback Account(s) as provided for thereunder and shall be in form and substance acceptable to Buyer, and, in each case, as the same may be amended, restated, supplemented or otherwise modified from time to time.
Sample 1

Related to Holdback Account Control Agreement

  • Account Control Agreement means the Account Control Agreement among the Borrower, as debtor, the Collateral Agent, as secured party, and State Street Bank and Trust Company, as depository bank and Securities Intermediary, dated on or about the date hereof.

  • Account Control Agreement(s) means any agreement entered into by and among the Agent, Borrower and a third party bank or other institution (including a Securities Intermediary) in which Borrower maintains a Deposit Account or an account holding Investment Property and which perfects Agent’s first priority security interest in the subject account or accounts.

  • Deposit Account Control Agreement means each deposit account control agreement among a Borrower, the Administrative Agent and the Account Bank, as the same may be amended, amended and restated, supplemented or otherwise modified from time to time.

  • Collection Account Control Agreement means that certain Account Control Agreement, dated as of the date hereof, by and among Seller, Buyer, and U.S. Bank National Association, in form and substance acceptable to Buyer, as the same may be amended, restated, supplemented or otherwise modified from time to time, and which shall provide for Buyer control of the Collection Account as of the date of execution.

  • Blocked Account Control Agreement means the Cash Management Agreement among Borrower, Cash Management Account Bank and Lender providing for the exclusive control of the Cash Management Account and all other Subaccounts by Lender, substantially in the form of Exhibit A or such other form as may be reasonably acceptable to Lender, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time.

  • Securities Account Control Agreement shall have the meaning ascribed thereto in the Sale and Servicing Agreement.

  • Deposit Account Control Agreements means, with respect to each deposit account that is required by the Collateral Agreement to be subject to a control agreement, a deposit account control agreement executed by the Borrower, the Administrative Agent as the secured party thereto, and the deposit bank, as each may be amended, restated, supplemented or otherwise modified from time to time.

  • Control Agreement is any control agreement entered into among the depository institution at which Borrower maintains a Deposit Account or the securities intermediary or commodity intermediary at which Borrower maintains a Securities Account or a Commodity Account, Borrower, and Bank pursuant to which Bank obtains control (within the meaning of the Code) over such Deposit Account, Securities Account, or Commodity Account.

  • 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.

  • Control Account Agreement means any tri-party agreement by and among a Loan Party, the Administrative Agent and a depositary bank or securities intermediary at which such Loan Party maintains a Controlled Account, in each case in form and substance satisfactory to the Administrative Agent.

  • Control Agreements means, collectively, the Deposit Account Control Agreement, the Securities Account Control Agreement and the Commodity Account Control Agreement.

  • Deposit Account Agreement means the Deposit Account Agreement and Disclosure, as may be amended from time to time, issued by the Custodian and available on the Custodian’s internet customer portal, “xx.xxxxxxxxxxx.xxx”.

  • Qualifying Control Agreement means an agreement, among a Loan Party, a depository institution or securities intermediary and the Administrative Agent, which agreement is in form and substance acceptable to the Administrative Agent and which provides the Administrative Agent with “control” (as such term is used in Article 9 of the UCC) over the deposit account(s) or securities account(s) described therein.

  • Controlled Account Agreement has the meaning specified therefor in the Security Agreement.

  • Collateral Account Agreement means the Collateral Account Agreement executed and delivered by Company and Administrative Agent on the Closing Date, substantially in the form of EXHIBIT XXIII annexed hereto, as such Collateral Account Agreement may hereafter be amended, supplemented or otherwise modified from time to time.

  • Clearing Account Agreement means that certain Clearing Account - Deposit Account Control Agreement dated the date hereof among Borrower, Lender and Clearing Bank, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time, relating to funds deposited in the Clearing Account.

  • Lockbox Account Agreement means any replacement agreement therefor among the Servicer, the Trust Collateral Agent and the Lockbox Bank.

  • Change of Control Agreement means the Change of Control letter agreement between the Company and the Executive of even date herewith.

  • Account Agreement means the agreements for the operation of the Account.

  • Blocked Account Agreement means with respect to an account established by a Loan Party, an agreement, substantially in the form of Exhibit L hereto or otherwise in form and substance reasonably satisfactory to the Collateral Agent, establishing Control (as defined in the Security Agreement) of such account by the Collateral Agent and whereby the bank maintaining such account agrees, during any Cash Dominion Trigger Period, to comply only with the instructions originated by the Collateral Agent without the further consent of any Loan Party.

  • Investment Property Control Agreement means an agreement in writing, in form and substance satisfactory to Agent, by and among Agent, any Borrower or Guarantor (as the case may be) and any securities intermediary, commodity intermediary or other person who has custody, control or possession of any investment property of such Borrower or Guarantor acknowledging that such securities intermediary, commodity intermediary or other person has custody, control or possession of such investment property on behalf of Agent, that it will comply with entitlement orders originated by Agent with respect to such investment property, or other instructions of Agent, and has such other terms and conditions as Agent may require.

  • Collection Account Agreement means each agreement substantially in the form of Exhibit VI, or such other form as may be acceptable to the Agent, among the applicable Originator, a Seller, Collection Bank and the Agent, as it may be amended, restated, supplemented or otherwise modified and in effect from time to time.

  • Concentration Account Agreement as defined in subsection 4.16(b).

  • Change in Control Agreement means a written Change in Control Agreement between an employee and the Company or an Affiliate.

  • Account Agreements means any lockbox account agreement, pledged account agreement, blocked account agreement, securities account control agreement, or any similar deposit or securities account agreements among the Notes Agent and/or the ABL Agent, one or more Grantors and the relevant financial institution depository or securities intermediary.

  • NEPOOL Agreement means the Second Restated New England Power Pool Agreement dated as of February 1, 2005, as amended or accepted by the Commission and as may be amended, modified, superseded, supplemented and/or restated from time to time.