Custodial and Account Control Agreement definition

Custodial and Account Control Agreement means collectively, (i) the Amended and Restated Custodial and Account Control Agreement, dated as of the Restatement Effective Date, by and among the Borrower, the Collateral Agent and the Custodian, (ii) the Second Amended and Restated Custodial and Account Control Agreement, dated as of the Restatement Effective Date, by and among 36th Street Capital Partners Holdings, LLC, a Delaware limited liability company, the Collateral Agent and the Custodian and (iii) each such other custodial agreement as may be entered into by and among an Obligor, the Collateral Agent and a Custodian, in form and substance reasonably satisfactory to the Collateral Agent and the Borrower.
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Custodial and Account Control Agreement shall have the meaning set forth in the Restructuring Amendment.
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Custodial and Account Control Agreement means collectively, (i) the Amended and Restated Custodial and Account Control Agreement, dated as of the Restatement Effective Date, by and among the Borrower, the Collateral Agent and the Custodian, (ii) the Second Amended and Restated Custodial and Account Control Agreement, dated as of the Restatement Effective Date, by and among ▇▇▇▇ ▇▇▇▇▇▇ Capital Partners Holdings, LLC, a Delaware limited liability company, the Collateral Agent and the Custodian and (iii) each such other custodial agreement as may be entered into by and among
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Examples of Custodial and Account Control Agreement in a sentence

  • The Custodial and Account Control Agreement shall have been duly executed and delivered by the Borrower, the Collateral Agent and the Custodian and all other control arrangements required at the time by Section 5.08(c)(ii) with respect to the Obligors’ other deposit accounts and securities accounts shall have been entered into.

  • The Guarantee and Security Agreement and the Custodial and Account Control Agreement with respect to the Borrower’s Custodian Account, each duly executed and delivered by each of the parties thereto, and all other documents or instruments required to be delivered by the Guarantee and Security Agreement and the Custodial and Account Control Agreement in connection with the execution thereof.

  • Within ten (10) Business Days after receipt of Acceptable Adjustment Information, the Lender shall notify the Collateral Agent of (i) the BlackRock Cash Fee allowed to be paid pursuant to, and in accordance with, the Custodial and Account Control Agreement and (ii) the applicable adjustment to the Budget reducing the allocated interest payment amounts in respect of such Net Interest Savings and BlackRock Cash Fee.

  • Permit or consent to any amendment, modification or waiver of the Custodial and Account Control Agreement (i) without the prior written consent of the Agent and (ii) if such amendment, modification or waiver could adversely effect any Lender, without the prior written consent of the Required Lenders.

  • At all times cause all of the Collateral to be (i) held in custody by the Account Bank pursuant to the Custodial and Account Control Agreement, and (ii) subject to the Account Bank's or the Agent's control and custody in accordance with the Custodial and Account Control Agreement.

  • All Retention Securities will be issued in certificated form pursuant to Rule 144A of the Securities Act, will be held by the Account Bank for the benefit of the Agent in accordance with the terms of the Custodial and Account Control Agreement, and are represented by certificates.

  • Notwithstanding any other provision to the contrary herein or in any other Loan Document, the Collateral Agent shall not issue any notice of exclusive control under any Custodial and Account Control Agreement or under any agreement regarding Uncertificated Security until an Event of Default has occurred and is continuing.

  • Eight, any amount remaining in the Concentration Accounts to be deposited in the Cash Management Account and applied pursuant to the terms of the Custodial and Account Control Agreement.

  • This Agreement and the Custodial and Account Control Agreement and the actions required to be taken pursuant to the terms hereof and thereof are, and at all times shall be, effective to create and perfect in the Agent for the benefit of the Secured Parties a first priority perfected security interest in the Collateral free and clear of all Adverse Claims.


More Definitions of Custodial and Account Control Agreement

Custodial and Account Control Agreement means that certain Custodial and Account Control Agreement dated as of the date hereof, among Anthracite Secured Interest LLC, as pledgor, Bank of America, N.A., as collateral agent, and Bank of America, N.A., as custodian, as amended, restated, supplemented or otherwise modified from time to time.
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Custodial and Account Control Agreement means the custodial and account control agreement dated on or around 15 May 2009 between the Common Custodian, the Collateral Agent, Anthracite Secured Interests LLC and any additional pledgors from time to time party thereto.
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Custodial and Account Control Agreement shall have the meaning set forth in the Repurchase Agreement.
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Custodial and Account Control Agreement means a custodial agreement entered into by and between the Borrower, the Collateral Agent and the Custodian, in form and substance reasonably satisfactory to the Collateral Agent, the Custodian and the Borrower.
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Related to Custodial and Account Control Agreement

  • Collection Account Control Agreement means that certain Collection Account Control Agreement, to be entered into by and among the Borrower, the Lender and Bank, with respect to the Collection Account, in form and substance acceptable to the Lender and the Borrower, as the same may be amended, modified or supplemented from time to time.

  • Account Control Agreement means the Securities Account Control Agreement, dated as of the Effective Date, by and among the Borrower, as pledgor, the Collateral Agent on behalf of the Secured Parties, as secured party, and the Collateral Custodian, as Securities Intermediary.

  • Deposit Account Control Agreement means an agreement, in form and substance satisfactory to the Agent (in its Permitted Discretion), among any Loan Party, a banking institution holding such Loan Party’s funds, and the Agent with respect to collection and control of all deposits and balances held in a deposit account maintained by any Loan Party with such banking institution, as amended, supplemented or otherwise modified from time to time in accordance with the terms thereof.

  • Blocked Account Control Agreement means the Cash Management Agreement among Borrower, Collection Account Bank and Lender providing for the exclusive control of the Collection Account and all other Accounts by Lender, substantially in the form of Exhibit A or such other form as may be reasonably acceptable to Lender.

  • Account Control Agreement(s) means any agreement entered into by and among the Agent, Borrower and a third party bank or other institution (including a Securities Intermediary) in which Borrower maintains a Deposit Account or an account holding Investment Property and which perfects Agent’s first priority security interest in the subject account or accounts.