Common use of Control Arrangements Clause in Contracts

Control Arrangements. Except for (a) control arising by operation of law in favor of banks and securities intermediaries having custody over Deposit Accounts and Securities Accounts set forth on the Perfection Certificate and (b) control by any Senior Lenders (or their agent) described in Section 4.17, no Person has control of any Deposit Accounts (other than the Collection Account), Electronic Chattel Paper, Investment Property or Letter-of-Credit Rights in which Debtor has any interest. No Person has control over the Collection Account except Secured Party.

Appears in 1 contract

Samples: Security Agreement (Axesstel Inc)

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Control Arrangements. Except for (a) control Control arising by operation of law in favor of banks and securities intermediaries having custody over Deposit Accounts deposit accounts and Securities Accounts set forth on securities accounts, to the Perfection Certificate and (b) control by any Senior Lenders (or their agent) described in Section 4.17knowledge of each Debtor, no Person has control of any Deposit Accounts (other than the Collection Account)Agent) has Control of any deposit accounts, Electronic Chattel Paper, Investment Property or Letter-of-Credit Rights in which such Debtor has any interest. No Person has control over interest and which constitutes part of the Collection Account except Secured PartyCollateral.

Appears in 1 contract

Samples: Security Agreement (Playboy Enterprises Inc)

Control Arrangements. Except for (a) control Control arising by operation of law in favor of banks and securities intermediaries having custody over Deposit Accounts deposit accounts and Securities Accounts set forth on securities accounts, to the Perfection Certificate and (b) control by any Senior Lenders (or their agent) described in Section 4.17knowledge of each Debtor, no Person has control of any Deposit Accounts (other than the Collection Account)Administrative Agent) has Control of any deposit accounts, Electronic Chattel Paper, Investment Property or Letter-of-Credit Rights in which such Debtor has any interest. No Person has control over interest and which constitutes part of the Collection Account except Secured PartyCollateral.

Appears in 1 contract

Samples: Security Agreement (Playboy Enterprises Inc)

Control Arrangements. Except for (a) control Control arising by operation of law in favor of banks and securities intermediaries having custody over Deposit Accounts deposit accounts and Securities Accounts set forth on securities accounts, to the Perfection Certificate and (b) control by any Senior Lenders (or their agent) described in Section 4.17knowledge of Debtor, no Person has control of any Deposit Accounts (other than the Collection Account)Agent) has Control of any deposit accounts, Electronic Chattel Paper, Investment Property or Letter-of-Credit Rights in which the Debtor has any interest. No Person has control over interest and which constitutes part of the Collection Account except Secured PartyCollateral.

Appears in 1 contract

Samples: Security Agreement (Playboy Enterprises Inc)

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Control Arrangements. Except for (a) control Control arising by operation of law in favor of banks and securities intermediaries having custody over Deposit Accounts deposit accounts and Securities Accounts set forth on securities accounts, to the Perfection Certificate and (b) control by any Senior Lenders (or their agent) described in Section 4.17knowledge of the Debtor, no Person has control of any Deposit Accounts (other than the Collection Account)Administrative Agent) has Control of any deposit accounts, Electronic Chattel Paper, Investment Property or Letter-of-Credit Rights in which the Debtor has any interest. No Person has control over interest and which constitutes part of the Collection Account except Secured PartyCollateral.

Appears in 1 contract

Samples: Security Agreement (Playboy Enterprises Inc)

Control Arrangements. Except for (a) control arising by operation of law in favor of banks and securities intermediaries having custody over Deposit Accounts and Securities Accounts set forth on the Perfection Certificate and (b) control by any Senior Lenders (or their agent) described in Section 4.17Schedule 3.8, no Person (other than the Agent on behalf of the Secured Parties) has control of any Deposit Accounts (other than the Collection Account)Accounts, Electronic Chattel Paper, Investment Property or Letter-of-Credit Rights in which any Debtor has any interest. No Person has control over the Collection Account except Secured Party.

Appears in 1 contract

Samples: Security Agreement (1847 Holdings LLC)

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