Investment Property and Deposit Accounts Sample Clauses

Investment Property and Deposit Accounts. If there are any Investment Property or Deposit Accounts included as Collateral that can be perfected by “control” through an account control agreement, the applicable Grantor shall cause such an account control agreement, in form and substance in each case satisfactory to the Agent, to be entered into and delivered to the Agent.
Sample 1Sample 2Sample 3See All (9)
AutoNDA by SimpleDocs
Investment Property and Deposit Accounts. Except as set forth in Subsection 8.30 of the Credit Agreement or for Permitted Perfection Limitations, if there are any Investment Property or Deposit Accounts included as Collateral that can be perfected by “control” through an account control agreement, the applicable Grantor shall cause such an account control agreement, in form and substance in each case satisfactory to the Agent, to be entered into and delivered to the Agent.
Sample 1
Investment Property and Deposit Accounts. At the Agent's request, if there is any investment property or deposit accounts included as Collateral that can be perfected by "control" through an account control agreement, the applicable Borrower shall cause such an account control agreement, in form and substance in each case satisfactory to the Agent, to be entered into and delivered to the Agent.
Sample 1
Investment Property and Deposit Accounts. If there is any investment property included as Collateral that can be perfected by "control" through an account control agreement, Grantor shall use its best effort to cause such an account control agreement to be entered into and delivered to the Collateral Agent. If there are any deposit accounts included as Collateral that can be perfected by "control" through an account control agreement, Grantor shall cause such an account control agreement to be entered into and delivered to the Collateral Agent. If Grantor shall at any time hold or acquire any certificated securities, Grantor shall forthwith endorse, assign and deliver the same to the Collateral Agent, accompanied by such instruments of transfer or assignment duly executed in blank as the Collateral Agent may from time to time specify.
Sample 1
Investment Property and Deposit Accounts. If there is any Investment Property or Deposit Account included as Collateral, including the Asset Sale Proceeds Account, that can be perfected by Control through an account control agreement and with respect to which the ABL Credit Agreement, the Indenture or this Agreement requires perfection by Control, the applicable Grantor shall use commercially reasonable efforts to cause a Deposit Account Control Agreement or Securities Account Control Agreement, as applicable, to be entered into and delivered to the Collateral Agent (i) within sixty (60) days of the Issue Date (subject to any extension of time granted by the ABL Agent with respect to any such Deposit Accounts and Securities Accounts that are not maintained with the ABL Agent) with respect to any such Investment Property or Deposit Accounts included on Schedule 13 to the Perfection Certificate other than any Excluded Bank Account and (ii) as of the date any such Investment Property or Deposit Account (other than any Excluded Bank Account) is established or maintained in all other cases.
Sample 1
Investment Property and Deposit Accounts. If there are any Investment Property or Deposit Accounts included as Collateral that can be perfected by “control” through an account control [***] = Certain confidential information contained in this document, marked by brackets, is filed with the Securities and Exchange Commission pursuant to Rule 24b-2 of the Securities Exchange Act of 1934, as amended. agreement, the applicable Grantor shall cause such an account control agreement, in form and substance in each case reasonably satisfactory to the Lender, to be entered into and delivered to the Lender.
Sample 1
Investment Property and Deposit Accounts. (a) With respect to any Securities Accounts, Commodity Accounts, Commodity Contracts or Security Entitlements constituting Investment Property owned or held by each Grantor and constituting Collateral, such Grantor will, subject to the Permitted Perfection/Control Exceptions, cause the intermediary maintaining such Investment Property to execute a Control Agreement relating to such Investment Property in form and substance satisfactory to the Administrative Agent pursuant to which such intermediary agrees to comply with the Administrative Agent’s instructions with respect to such Investment Property without further consent by such Grantor (and the Administrative Agent hereby agrees not to give any such instructions unless an Event of Default shall have occurred and be continuing).
Sample 1
AutoNDA by SimpleDocs
Investment Property and Deposit Accounts. Except as otherwise provided in Section 8.27 (Primary Operating Accounts; Proceeds into Blocked Account) of the Credit Agreement, if there is any Investment Property or Deposit Account included as Collateral that can be perfected by “control” through an account control agreement, the applicable Grantor shall cause such an account control agreement, in form and substance in each case satisfactory to the Agent, to be entered into and delivered to the Agent (i) as of the Closing Date with respect to any such Investment Property or Deposit Accounts included on Schedule 13 to the Perfection Certificate and (ii) as of the date any such Investment Property or Deposit Account is established or maintained in all other cases.
Sample 1
Investment Property and Deposit Accounts. If there is any Investment Property or Deposit Accounts (as defined in the Code) included as Collateral that can be perfected by "control" through an account control agreement, the Grantor shall cause such an account control agreement to be entered into and delivered to the Secured Parties.
Sample 1

Related to Investment Property and Deposit Accounts

  • Deposit Accounts Neither Borrower nor any Subsidiary shall maintain any Deposit Accounts, or accounts holding Investment Property, except with respect to which Lender has an Account Control Agreement.

  • Deposit Accounts and Securities Accounts Set forth on Schedule 4.15 (as updated pursuant to the provisions of the Security Agreement from time to time) is a listing of all of the Loan Parties’ and their Subsidiaries’ Deposit Accounts and Securities Accounts, including, with respect to each bank or securities intermediary (a) the name and address of such Person, and (b) the account numbers of the Deposit Accounts or Securities Accounts maintained with such Person.

  • Deposit Accounts; Securities Accounts The only Deposit Accounts or Securities Accounts maintained by any Grantor on the date hereof are those listed on Schedule 6 (Bank Accounts; Control Accounts), which sets forth such information separately for each Grantor.

  • Deposit Accounts, Securities Accounts and Commodity Accounts Attached hereto as Schedule 14 is a true and complete list of all Deposit Accounts, Securities Accounts and Commodity Accounts (each as defined in the Security Agreement) maintained by each Pledgor, including the name of each institution where each such account is held, the name of each such account and the name of each entity that holds each account.

  • Securities Accounts If a Collateral Account is a securities account, the Financial Institution agrees that:

  • Deposit Accounts; Etc (i) Schedule 5 hereto accurately sets forth, as of the date of this Agreement, for each Grantor, each deposit account maintained by such Grantor (including a description thereof and the respective account number) and the name of the respective bank with which such deposit account is maintained. Subject to Section 4(c) hereof and the terms of the Intercreditor Agreement, for each deposit account that is Collateral (other than the Cash Collateral Account or any other deposit account maintained with the Collateral Agent), the respective Grantor shall use commercially reasonable efforts to cause the bank with which the deposit account is maintained to execute and deliver to the Collateral Agent, (x) in the case of an account located at a bank which is a lender under the Senior Credit Facility, within 30 days after the date of this Agreement (or, if later, the date of the establishment of the respective deposit account), or (y) in the case of an account located at a bank which is a not lender under the Senior Credit Facility, within 45 days after the date of this Agreement (or, if later, the date of the establishment of the respective deposit account), a “control agreement” in form and substance consistent with the deposit account control agreements entered into by the Company pursuant to the Senior Credit Facility, or otherwise acceptable to the Collateral Agent. Subject to Section 10(n)(iii) hereof, if any bank with which a deposit account is maintained refuses to, or does not, enter into such a “control agreement”, then the respective Grantor shall promptly (and in any event within 30 days after the date of this Agreement or, if later, 30 days after the establishment of such account) close the respective deposit account and transfer all balances therein to the Cash Collateral Account or another deposit account meeting the requirements of this Section 4(q). If any bank with which a deposit account is maintained refuses to subordinate all its claims with respect to such deposit account to the Collateral Agent’s security interest therein on terms satisfactory to the Collateral Agent, then the Collateral Agent, at its option, may (x) require that such deposit account be terminated in accordance with the immediately preceding sentence or (y) agree to a “control agreement” without such subordination, provided that in such event the Collateral Agent may at any time, at its option, subsequently require that such deposit account be terminated (within 30 days after notice from the Collateral Agent) in accordance with the requirements of the immediately preceding sentence.

  • Collateral Accounts Evidence that the Collateral Accounts have been established;

  • Control Accounts; Approved Deposit Accounts Each Loan Party shall (i) deposit in an Approved Deposit Account all Cash it receives, (ii) not establish or maintain any Securities Account or Commodities Account that is not a Control Account and (iii) not establish or maintain any Deposit Account other than an Approved Deposit Account, provided however that notwithstanding the foregoing, each Loan Party may (w) maintain zero-balance accounts for the purpose of managing local disbursements and collections and may maintain payroll, withholding tax and other fiduciary accounts, (x) maintain accounts into which amounts are paid by a governmental entity pursuant to one or more Health Care Laws so long as the amounts on deposit therein are transferred each Business Day to an Approved Deposit Account or any other account permitted to be so utilized under this Section 5.14, (y) maintain other accounts as long as the aggregate monthly average daily balance over the immediately preceding 12-month period for all such Loan Parties in all such other accounts does not exceed $3,000,000 at any time and (z) make pledges or cash deposits permitted by Section 6.02.

  • Investment Accounts Schedule 2 sets forth under the headings “Securities Accounts” and “Commodity Accounts”, respectively, all of the Securities Accounts and Commodity Accounts in which such Grantor has an interest. Except as disclosed to the Administrative Agent, such Grantor is the sole entitlement holder of each such Securities Account and Commodity Account, and such Grantor has not consented to, and is not otherwise aware of, any Person (other than the Administrative Agent) having “control” (within the meanings of Sections 8-106 and 9-106 of the UCC) over, or any other interest in, any such Securities Account or Commodity Account or any securities or other property credited thereto;

  • Deposit Account (a) On or prior to the Closing Date, the Issuer shall cause the Servicer to establish and maintain, in the name of the Indenture Trustee, for the benefit of the Noteholders and the Certificateholders, the Deposit Account as provided in Section 5.01 of the Sale and Servicing Agreement.

Time is Money Join Law Insider Premium to draft better contracts faster.