Temporary Control Agreement definition

Temporary Control Agreement means that certain Control Agreement dated as of May 29, 2018 among the Fund, the Collateral Agent and the Existing Custodian, as the same may be amended, restated, modified, supplemented and in effect from time to time.
Temporary Control Agreement means the Control Agreement dated May 29, 2018 by and between the Company, the Collateral Agent and State Street Bank and Trust Company in its capacity as custodian under the Existing Custody Agreement (the “Temporary Intermediary”).

Examples of Temporary Control Agreement in a sentence

  • The Collateral Agent agrees that it shall provide to each Security Agent not less than three (3) Business Days’ prior written notice of any assignment by the Collateral Agent of all or any portion of its rights and obligations under the Temporary Control Agreement.

  • The Collateral Agent agrees that, promptly after receipt of any of the following from the Temporary Intermediary, it shall send a copy thereof to each Security Agent: (i) any statement provided pursuant to Section 4(c) of the Temporary Control Agreement, and (ii) any written notice pursuant to Section 10(b) or 10(c) of the Temporary Control Agreement.

  • The Collateral Agent agrees that it shall notify each Security Agent promptly after the Collateral Agent shall have become aware of any material breach by the Temporary Intermediary of its obligations under the Temporary Control Agreement.

  • Until the Discharge of Secured Obligations, promptly after receipt by the Collateral Agent of a Notice of Default from any Security Agent, the Collateral Agent shall (a) deliver a copy of such Notice of Default to each other Security Agent, (b) deliver to the Continuing Intermediary a Notice of Exclusive Control under and as defined in the Continuing Control Agreement, and (c) in the event the Temporary Control Agreement is in effect at the time, a Notice of Exclusive Control under and as defined therein.

  • The Existing 2013 Note Security Agent and the Existing 2015 Note Security Agent, on behalf of the Applicable Note Parties, and the Bank Security Agent, on behalf of the Bank Parties, hereby directs the Collateral Agent to enter into the Temporary Control Agreement, and agrees to and ratifies the Collateral Agent’s execution and delivery thereof.

  • The parties agree that nothing in this Agreement shall be construed to limit or negate the common law of torts, confidentiality, trade secrets, fiduciary duty and obligations where such laws provide the Bank with any broader, further or other remedy or protection than those provided herein.

Related to Temporary Control Agreement

  • Temporary container means a receptacle that is usually

  • 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.

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

  • 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.

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

  • 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.

  • 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 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 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.

  • 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.

  • Temporary custody means legal custody of a child who is removed from the child's home, which custody may be terminated at any time at the discretion of the court or, if the legal custody is granted in an agreement for temporary custody, by the person who executed the 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”.

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

  • Temporary Closure means ceasing operation of all or part of a facility with the intent of reusing the facility or portion of the facility at a future date.

  • 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.

  • Temporary Certificate means a certificate issued pursuant to subdivision (d) of section 7 of this local law.

  • 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.

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

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

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

  • Temporary Cash Investments means any of the following:

  • 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.

  • 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).

  • Temporary Cash Investment means any of the following: