Examples of Security and Control Agreements in a sentence
The Administrative Agent will have exclusive dominion and control, including the exclusive right of withdrawal, over the Collateralized L/C Collateral Accounts as provided in the Collateralized L/C Security and Control Agreements.
Following any Lender becoming an Accelerating Lender, such Lender may exercise any rights and remedies provided to such Lender under the Margin Loan Documentation (including the enforcement of any and all Liens created to such Lender pursuant to the Security and Control Agreements) or at law or equity, including all remedies provided under the UCC.
Where there is an unsatisfactory outcome of the meeting, agreement needs to be reached on objectives that need to be met in order to produce a satisfactory outcome and the timescale in which the objectives must be completed should also be defined.