Controlled Accounts definition

Controlled Accounts means the Collection Account and the Unfunded Exposure Account.

Controlled Accounts means the Deposit Accounts, Commodity Accounts, Securities Accounts, and/or Foreign Currency Controlled Account of the Grantors listed on Schedule IV attached hereto.

Controlled Accounts means all of such accounts.

Examples of Controlled Accounts in a sentence

• All Cash Collateral (other than credit support not constituting funds subject to deposit) shall be maintained in one or more Controlled Accounts at Bank of America.

• Company shall not, directly or indirectly, make or own any Investment in any Person, including without limitation any Joint Venture, except Investments in Cash, Permitted Investments and Receivables (and property received from time to time in connection with the workout or insolvency of any Receivables Obligor), and Permitted Investments in the Controlled Accounts.

• Neither the Borrower nor any Person claiming through or under Borrower shall have any claim to or interest in the Controlled Accounts and, if this Agreement constitutes the grant of a security interest in such property, except for the interest of the Borrower in such property as a debtor for purposes of the UCC.

• The Servicer will be required to pay all reasonable fees and expenses owing to any bank or trust company in connection with the maintenance of the Controlled Accounts.

• The New First Lien Collateral Agent appoints the ABL Collateral Agent, and the ABL Collateral Agent expressly accepts such appointment, to act as agent of the New First Lien Collateral Agent and the New First Lien Secured Parties under each control agreement with respect to all ABL Controlled Accounts for the purpose of perfecting the respective security interests granted under the New First Lien Security Documents.

More Definitions of Controlled Accounts

Controlled Accounts means each deposit account, lockbox account or investment account of the Borrowers that is the subject of an Account Control Agreement.

Controlled Accounts shall have the meaning set forth in Section 4.8(h).

Controlled Accounts means collectively, the Collection Account and the Wet Funding Account.

Controlled Accounts. A collective reference to the Collection Account and the Operating Account.

Controlled Accounts means, individually or collectively as the context may require, the Blocked Account and the Lockbox Account (if established in accordance with the terms of this Agreement).

Controlled Accounts means the Controlled Deposit Accounts, the Controlled Securities Accounts and the Administrative Agent Controlled Account.

Controlled Accounts shall have the meaning set forth in Section 2.11(a).