Lockbox Control Agreement definition

Lockbox Control Agreement means any agreement between the Seller, the Purchaser Agent, and a Lockbox Processor with respect to a Lockbox that provides, among other things, that the Purchaser Agent has exclusive control over the Lockbox, the items of payment received in the related Lockbox and is otherwise in form and substance acceptable to the Purchaser Agent.

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Lockbox Control Agreement has the meaning set forth in Section 3.11. [REDACTED]

Lockbox Control Agreement as defined in the Security Agreement.

Examples of Lockbox Control Agreement in a sentence

On and after the date hereof, if the Reinsurer establishes any additional Lockbox Account, upon the establishment of such Lockbox Account, it shall be subject to an account control agreement with the relevant lockbox bank substantially similar to the Lockbox Control Agreement entered into by the Ceding Company, the Reinsurer and each bank with which such Lockbox Account is maintained.
The Parties acknowledge that the Lockbox Accounts shall be subject to the terms of the Account Control Agreement (the "Lockbox Control Agreement") being entered into concurrently herewith by the Ceding Company, the Reinsurer and each bank with which a Lockbox Account is maintained (the "Lockbox Banks").
If to the Bank: [-] If to the Collateral Agent: [-] If to the Customer: [-] This Lockbox Control Agreement (“Agreement”), dated as of October [-], 2013, is made by and among CINEDIGM CORP., a Delaware corporation (the “Customer”), SOCIÉTÉ GÉNÉRALE, as Collateral Agent for the Secured Parties (in such capacity, the “Collateral Agent”) and [-] (the “Bank”).
Exhibit L to Credit Agreement – Form of Lockbox Control Agreement CONFIDENTIAL TREATMENT REQUESTED BY CINEDIGM CORP.
This Agreement, the Note, the Guaranty, the First Tier Purchase and Sale Agreement, the Purchase Agreement, each Assignment Agreement, the Hedge Agreement, the Lockbox Control Agreement, the Fee Letter, the Backup Servicer and Trustee Fee Letter and any additional document the execution of which is necessary or incidental to carrying out the terms of the foregoing documents.
In the event any Lockbox Control Agreement has been terminated and the Lockbox Bank thereunder is directing mail received at the Lockbox that was the subject of such Lockbox Control Agreement to an address specified by the Administrative Agent, the Administrative Agent shall, within one Business Day of the first date on which no Borrower Obligations are outstanding, direct the Lockbox Bank to send all such mail to the Borrower’s address.
Within five (5) Business Days (or such longer period as may be agreed to by the Purchaser acting in its sole discretion) following the Closing Date, CLMBR agrees to deliver or to cause to be delivered to the Purchaser the CLMBR Lockbox Control Agreement.
Borrower and Servicer further covenant that neither the Lockbox Control Agreement nor the Intercreditor Agreement (except to add a party thereto pursuant to a counterpart substantially in the form of Exhibit A thereto) shall be amended without advance written consent of Agent.

More Definitions of Lockbox Control Agreement

Lockbox Control Agreement. The Deposit Account Control Agreement, dated as of January 25, 2011, among the Borrower, the Lockbox Bank and the Trustee, with respect to the Lockbox Account.

Lockbox Control Agreement means the Control Agreement among Borrower, Lender and the Lockbox Bank that governs the Lockbox and the Lockbox Account.

Lockbox Control Agreement means a Deposit Account Control Agreement to be entered into in accordance with Section 8.13(d) by and among CLMBR, Lockbox Account Bank and Purchaser. as amended, restated, supplemented or otherwise modified from time to time, which such Lockbox Control Agreement shall be in form and substance satisfactory to Purchaser in its sole discretion.

Lockbox Control Agreement means that certain the Lockbox Agency and Control Agreement, dated as of July 31, 2006, among the Servicer, the Originator, U.S. Bank National Association, as Lockbox Bank and Lockbox Agent, and National City Bank (or PNC Bank as its successor by acquisition), as Secured Party along with the Treasury Management Services Terms and Conditions in effect with respect thereto.