Controlled Account Agreements definition

Controlled Account Agreements means those certain cash management agreements, in form and substance reasonably satisfactory to Agent, each of which is executed and delivered by a Grantor, Agent, and one of the Controlled Account Banks.

Controlled Account Agreements means those certain account control agreements, in form and substance reasonably satisfactory to Agent, each of which is executed and delivered by a Grantor, Agent, and one of the Controlled Account Banks.

Controlled Account Agreements means those certain cash management agreements, in form and substance reasonably satisfactory to Secured Party, each of which is executed and delivered by a Grantor, Secured Party, and one of the Controlled Account Banks.

Examples of Controlled Account Agreements in a sentence

• The Debtor further agrees to promptly enter into Controlled Account Agreements for any new Deposit Accounts opened during the DIP Commitment Period, which new Deposit Accounts shall only be opened following notice to, and written consent from, the DIP Lender.

• The Borrowers shall cause each of the Controlled Account Agreements governing any Collateral Accounts to be amended to provide for springing dominion by the Agent over all assets deposited therein in accordance with the provisions of the Credit Agreement as amended hereby, each such amendment to be in form and substance reasonably acceptable to the Agent.

• Buyer shall have sole dominion and control (including, without limitation, “control” within the meaning of Section 9-104(a)(2) of the UCC) over the Waterfall Account, and Buyer shall have “control” within the meaning of Section 9-104(a)(2) of the UCC over the Servicer Account, in each case pursuant to the terms of separate Controlled Account Agreements.

• The DIP Lender or its advisors shall have completed a review of the Debtor’s cash management systems and determined that all cash and cash equivalents of the Debtor is subject to a DIP Lien in favor of the DIP Lender pursuant to Controlled Account Agreements.

• Calculate the percentages of total agrees and total disagrees (taking into account weight of 1.50 for each of the “completely” response).

More Definitions of Controlled Account Agreements

Controlled Account Agreements means those certain cash management agreements, in form and substance reasonably satisfactory to the Collateral Agent, each of which is executed and delivered by a Grantor, the Collateral Agent, and one of the Controlled Account Banks (it being understood that any Controlled Account Agreement that purports to impose obligations on the Collateral Agent in its individual capacity shall not be reasonably satisfactory to the Collateral Agent).

Controlled Account Agreements shall have the meaning assigned to such term in the Notes.

Controlled Account Agreements means those certain cash management agreements, in form and substance reasonably satisfactory to Agent, each of which is among Parent or one of its Subsidiaries, Agent, and one of the Controlled Account Banks.

Controlled Account Agreements has the meaning specified therefor in the Guaranty and Security Agreement.

Controlled Account Agreements those certain cash management agreements, in form and substance reasonably satisfactory to the Collateral Agent, among a Grantor, Agent and Controlled Account Bank.

Controlled Account Agreements means those certain cash management agreements, in form and substance reasonably satisfactory to Collateral Agent, each of which is among the Company or one of its Restricted Subsidiaries, the Collateral Agent, the related depositary institution with respect to the applicable Collateral and (in the case of any four-party agreement) the First Priority Agent.

Controlled Account Agreements means those certain deposit and securities account control agreements executed and delivered pursuant to the Pledge and Security Agreement.