Securities Control Agreement definition

Securities Control Agreement means an agreement in form and substance satisfactory to the Collateral Agent which provides for the Collateral Agent to have "control" (as defined in Section 8-106 of the UCC, as such term relates to investment property (other than certificated securities or commodity contracts), or as used in Section 9-106 of the UCC, as such term relates to commodity contracts).

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Securities Control Agreement means the securities account control agreement dated the Issue Date among the Company, the Trustee and the Securities Intermediary.

Securities Control Agreement means that Control Agreement dated effective as of [ ], 2020, by and among the Borrower, Raymond James and the Agent, as the same may be amended from time to time.

Examples of Securities Control Agreement in a sentence

This Uncertificated Securities Control Agreement (this “Agreement”) dated as of __________, 200_ among __________________, a ______________ corporation (“Debtor”), ____________________ (“Secured Party”), and Boston Financial Data Services, Inc., a Massachusetts corporation (the “Transfer Agent”).
Notwithstanding any previous instructions to you, you are hereby instructed to accept all future directions with respect to Pledged Shares (as defined in the Uncertificated Securities Control Agreement) from the Pledgor.
You are hereby notified that the Uncertificated Securities Control Agreement between you, [the Pledgor] and the undersigned (a copy of which is attached) is terminated and you have no further obligations to the undersigned pursuant to such Agreement.
Notwithstanding any previous instructions to you, you are hereby instructed to accept all future directions with respect to Pledged Shares (as defined in the Uncertificated Securities Control Agreement) from [the Pledgor].
Notwithstanding any previous instructions to you, you are hereby instructed to accept all future directions with respect to Pledged Shares (as defined in the Uncertificated Securities Control Agreement) from Cequel Communications Holdings II, LLC.
The termination of this Uncertificated Securities Control Agreement shall not terminate the Pledged Shares or alter the obligations of the Issuer to the Pledgor pursuant to any other agreement with respect to the Pledged Shares.
You are hereby notified that the Uncertificated Securities Control Agreement between you, [Name of Pledgor] (the “Pledgor”) and the undersigned (a copy of which is attached) is terminated and you have no further obligations to the undersigned pursuant to such Agreement.
You are hereby notified that the Uncertificated Securities Control Agreement between you, Cequel Communications Holdings II, LLC and the undersigned (a copy of which is attached) is terminated and you have no further obligations to the undersigned pursuant to such Agreement.
Without limiting the foregoing, such Grantor will, with respect to any such Pledged Collateral held with a securities intermediary, seek to cause such securities intermediary to enter into a Securities Control Agreement with the Note Collateral Agent.
If any Event of Default shall have occurred and be continuing, the Collateral Agent shall (at the written direction of the Administrative Agent) send to each bank, securities intermediary or issuer party to any Control Agreement or Uncertificated Securities Control Agreement, a “Notice of Sole Control” or similar notice as defined in and under such Agreement, and shall apply all proceeds therefrom in accordance with this Agreement and the other Security Documents.

More Definitions of Securities Control Agreement

Securities Control Agreement means a securities control agreement duly executed and delivered by (a) in respect of securities entitlements, any securities intermediary, any Borrower or any of their subsidiaries and the Agent, in form and substance satisfactory to the Agent, or (b) in respect of uncertificated securities, any issuer, any Borrower or any of their subsidiaries and the Agent, in form and substance satisfactory to the Agent.

Securities Control Agreement shall have the meaning set forth in Section 8(e)(i) herein. 5

Securities Control Agreement has the meaning specified in Section 4.07.

Securities Control Agreement means the collateral security agreement on the Security Account between the Intermediary, the Borrower, and the Guarantor for the benefit of WFBC.

Securities Control Agreement means an agreement in writing, in form and substance satisfactory to the Co-Collateral Agents in good faith, by and among Agent, any Borrower or Guarantor (as the case may be) and any securities intermediary, commodity intermediary, issuer of uncertificated securities or other person who has custody, control or possession of any investment property of such Borrower or Guarantor acknowledging, among other things, that such securities intermediary, commodity intermediary, issuer 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 and such other instructions of Agent.

Securities Control Agreement means an agreement in writing, in form and substance satisfactory to Agent in good faith, by and among Agent, any Borrower or Guarantor (as the case may be) and any securities intermediary, commodity intermediary, issuer of uncertificated securities or other person who has custody, control or possession of any investment property of such Borrower or Guarantor acknowledging, among other things, that such securities intermediary, commodity intermediary, issuer 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 and such other instructions of Agent.