Controlled Account Agreement has the meaning specified therefor in the Security Agreement.
Controlled Account Agreement means a deposit account control agreement or securities account control agreement with respect to a Pledged Account, in form and substance satisfactory to the Collateral Agent, as the same may be amended, modified, supplemented, extended, renewed, restated or replaced from time to time.
Controlled Account Agreement means an agreement between the Administrative Agent, United Rentals, the Seller and each Controlled Account Bank reasonably acceptable to the Administrative Agent; provided that the Controlled Account Agreements entered into (and as amended) on or prior to the date hereof shall be deemed to be reasonably acceptable to the Administrative Agent.
Examples of Controlled Account Agreement in a sentence
The Loan Parties shall not be required to pledge any Deposit Account maintained with banks in the Netherlands (the “Dutch Accounts”), or to obtain a Controlled Account Agreement with respect thereto, so long as the average weekly balance for all Dutch Accounts at no time exceeds $3,000,000 in the aggregate, but excluding from such calculation the amount transferred to a Deposit Account or a Securities Account of a U.S. Loan Party within 15 days after receipt in the Dutch Accounts.
More Definitions of Controlled Account Agreement
Controlled Account Agreement. A control agreement with respect to the Waterfall Account, dated as of the date of this Agreement, among Seller, Buyer and Deposit Account Bank.
Controlled Account Agreement shall have the meaning assigned to such term in Section 14.28(a)(i).
Controlled Account Agreement means that certain Securities Account Control Agreement, dated as of December 18, 2014, among Buyer, the Seller Parties and the Depository, relating to the Cash Management Account, the Margin Account and the Reserve Account, as the same may be amended, modified and/or restated from time to time.
Controlled Account Agreement means that certain Controlled Account Agreement, dated as of the date hereof, among Buyer, Master Seller (on behalf of itself and each Series Seller) and the Depository, relating to the Cash Management Account, as the same may be amended, modified and/or restated from time to time.
Controlled Account Agreement. The Second Amended and Restated Controlled Account Agreements with respect to the Waterfall Account and the Servicing Agreement Account, respectively, each dated as of January 27, 2014, each among Seller, Buyer and Deposit Account Bank, and as each may subsequently be amended, modified and/or restated from time to time.
Controlled Account Agreement means a deposit account control agreement among the Company or a Subsidiary, the Collateral Agent and the applicable bank or other financial institution where the Company or such Subsidiary maintains a deposit account or account holding investment property, in form and substance acceptable to the Collateral Agent, granting to the Collateral Agent a perfected first priority security interest in the monies or investment property, as applicable, deposited in such account.
Controlled Account Agreement has the meaning specified therefor in the US Guaranty and Security Agreement.