Control Account definition

Control Account means a Securities Account or Commodity Account that is the subject of an effective Securities Account Control Agreement and that is maintained by any Loan Party with an Approved Securities Intermediary. “Control Account” includes all Financial Assets held in a Securities Account or a Commodity Account and all certificates and instruments, if any, representing or evidencing the Financial Assets contained therein.
Control Account has the meaning assigned to such term in Section 5.08(c)(ii).
Control Account includes all Financial Assets held in a Securities Account or a Commodity Account and all certificates and instruments, if any, representing or evidencing the Financial Assets contained therein.

Examples of Control Account in a sentence

  • It is important to note that any revenue from the sale of permits on land where a section 6 / 45 order is in place must accrue to the Parking Control Account in the general fund, as these orders are covered by section 55 of the RTRA 84.

  • Short, Sr.• Municipal Court Report submitted by Wendy Torroni.• Municipal Engineering Report submitted by Thomas Thornton.• Police Department Report submitted by Chief Jeffrey Christopher.• Public Works Department Report submitted by William McCormick.• Recreation Revenue Report submitted by Chuck McDonnell.• Tax Collector & Water Sewer Control Account Reports submitted by Eleanor Cifaloglio.• Zoning Report submitted by Amanda Seltzer.

  • The resulting income stream from the issue of parking permits will accrue to either the HRA or the Parking Control Account in the general fund, in accordance with the RTRA legislation, after deducting the costs of issuing the permits.

  • The plan documents for the other policies at issue similarly provided, “[i]f the benefit from a single claim is $6,000, or more, your beneficiary may receive basic life insurance benefits under one of the several options available under the Beneficiary’s Total Control Account (TCA) Program.” Id. at 101.

  • Id. In Faber, the plan documents for one of the policies at issue stated, “[p]ayment of a death benefit of $7,500 or more is made under MetLife’s Total Control Account [i.e., a retained asset account].


More Definitions of Control Account

Control Account means a Securities Account or commodity account maintained by any Grantor with an Approved Securities Intermediary which account is the subject of an effective Control Account Letter, and includes all Financial Assets held therein and all certificates and instruments, if any, representing or evidencing the Financial Assets held therein.
Control Account means any securities account, whether or not with a broker or dealer, over which an Access Person has any control or influence over security transaction decisions or in which the Access Person has any beneficial interest (i.e., derives any benefit). Such accounts include securities accounts of (i) any Access Person, (ii) his or her spouse or domestic partner, (iii) any family member of the Access Person living in the same household as the Access Person, and (iv) any trust, partnership or other entity which the Access Person or a family member influences security transaction decisions or has any beneficial interest. Control Accounts do not include an account over which the Access Person has no direct or indirect control or influence.
Control Account means any of the accounts established pursuant to a Control Agreement.
Control Account has the meaning specified in the Pledge and Security Agreement.
Control Account means any account subject to a Control Agreement. A list of all Control Accounts on the Amendment Effective Date has been provided by the Issuer (or its agent) to the Administrative Agent and the Indenture Trustee.
Control Account means a securities account maintained by the Debtor with the relevant approved Securities Intermediary which account is the subject of an effective Control Account Agreement, and includes all monies and other assets on deposit or otherwise held therein;