Security Control Agreement definition

Security Control Agreement means that certain security control agreement, dated, as of April 3, 2012 between the Company and the U.S. Department of Defense, Defense Security Service.
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Security Control Agreement means that certain security control agreement, dated, as of September 26, 2011 between Parent and the U.S. Department of Defense, Defense Security Service.
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Security Control Agreement means the Security Control Agreement, dated January 26, 2017, by and among Parent, Merlin Holdco and the U.S. Department of Defense.
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Examples of Security Control Agreement in a sentence

  • Special Security Agreement (SSA) and Security Control Agreement (SCA) — Both these agreement forms require the creation of a subsidiary in which limited participation by the foreign owner is permitted.

  • When a foreign person(s) owns voting stock, directly or indirectly, and is permitted representation in the U.S. organization (that is, to hold a position as or appoint any of the U.S. organization's management and/or allowed to transfer any of its employees on any of its foreign-owned parent's or other foreign-owned affiliate's employees to the U.S. organization), the Security Control Agreement, as set forth in 11d(4), may be considered to negate or reduce the FOCI.

  • Answer “No” if the clearance was issued under a Special Security Agreement or a Security Control Agreement (see DoD5220.00-M sec.

  • This plan is approved by DSS and shall be developed and implemented by those companies cleared under a Voting Trust Agreement (VTA), Proxy Agreement (PA), Special Security Agreement (SSA), or Security Control Agreement (SCA).DSS may also require a TCP be developed in other situations in its sole discretion.

  • Specific limitations on such interactions will be addressed in a Technology Control Plan and Security Control Agreement to be mutually agreed by the affected Companies and approved by the DOE and (as appropriate) the DOD.

  • When a company is not effectively owned or controlled by a foreign interest and the foreign interest is nevertheless entitled to representation on the company’s governing board, a Security Control Agreement may be used.

  • Notwithstanding the foregoing, for so long as the Security Control Agreement dated as of March 1, 2016, by and among the Corporation, SAEV Guernsey Holding Limited ("SAEV") and the U.S. Department of Defense (the "Security Control Agreement") remains in effect, unless the Inside Director recuses himself from a meeting, a quorum must include at least one Outside Director.

  • Minority foreign ownership is usually mitigated with a Board Resolution (BR) or a Security Control Agreement (SCA), unless the foreign stakeholder has additional control that requires more stringent mitigation, such as veto power over the board decisions.Board Resolution:A BR is a legally binding acknowledgement passed by the company's Board of Directors.

  • Where the FOCI stems from non- controlling foreign ownership or control, a FOCI mitigation plan must consist of either Board Resolution or Security Control Agreement methods.

  • The Assistant Director of Pensions Investments, submitted a report and delivered a presentation providing Members with an update on the Fund’s responsible investment activity during Q3 2021.


More Definitions of Security Control Agreement

Security Control Agreement is that certain Uncertificated Security Control Agreement dated as of January 12, 2011 by and among Adept Inmotx, Inc., as grantor, Adept Technology Denmark A/S, as issuer and Bank, as secured party.
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Security Control Agreement shall have the meaning set forth in the final Recital.
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Related to Security Control Agreement

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

  • 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.

  • 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.

  • 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.

  • 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.

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

  • 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.

  • 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.

  • 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.

  • 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”.

  • 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.

  • 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.

  • 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.

  • Blocked Account Agreements has the meaning set forth in Section 2.22(c).

  • 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.

  • 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.

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

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

  • 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.

  • 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).

  • 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.

  • Cash Collateral Account Agreement With respect to any Mortgage Loan, the cash collateral account agreement, if any, between the originator of such Mortgage Loan and the related Mortgagor, pursuant to which the related Cash Collateral Account, if any, may have been established.