Deposit Control Agreement definition

Deposit Control Agreement means the deposit account control agreement by and among the Company, the Holder and the Deposit Control Account Bank, as amended, modified or supplemented from time to time in accordance with its terms
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Deposit Control Agreement means a deposit control agreement between the Borrowers, TCB and the Administrative Agent regarding the bank accounts maintained by North American Petroleum Corporation USA at TCB, including, without limitation, the deposit accounts identified on Schedule One hereto (the “TCB Accounts”).
Sample 1
Deposit Control Agreement means the funds held in a deposit control account in accordance with Article 9 of the UCC intended to cover Development Security and Decommissioning Assurance.
Sample 1

Examples of Deposit Control Agreement in a sentence

  • The form of the Certificate of Deposit Control Agreement and the financial institution that will establish and issue the certificate of deposit shall be satisfactory and acceptable to Servicers.26.

  • The form of the Certificate of Deposit Control Agreement and the financial institution that will establish and issue the certificate of deposit shall be satisfactory and acceptable to Servicers.

  • The form of the Certificate of Deposit Control Agreement and the financial institution that will establish and issue the certificate of deposit shall be satisfactory and acceptable to Servicers.25.5. You acknowledge and agree that we will have no liability under any legal theory whatsoever as a result of the exercise of our rights to establish a Reserve Account pursuant to this Agreement and this Section 25.

  • See, e.g., Notice of Removal, Ex. C (PCI Trustee Compl.) ¶ 91 (“M&I took no steps to perform any of its obligations under the [Ritchie] Deposit Control Agreement[], even though M&I considered the nature of the contemplated services to be special and extraordinary.”).6 Section 1334(b) therefore provides an independent basis for jurisdiction.

  • Joint Task Force on Deposit Account Control Agreements of the A.B.A. Section of Business Law, General Terms of the Deposit Control Agreement §1(a) (Feb.

  • Sternlight, Creeping Mandatory Arbitra- tion: Is It Just?, 57 STAN.

  • Deposit Control Agreement Draft(DACA) A DACA may not be required if an FHA-insured lender will be the depository for the project’s accounts receivable.

  • Pursuant to the Prepetition Deposit Control Agreement, which agreement will continue in effect after the date hereof, all funds received in the Lockbox Account maintained by Old National Bank will be transferred to the Prepetition Lender’s concentration account.

  • In pursuing those measures, CALSEIA believes it would be inappropriate for a departing load charge like the PCIA or similar mechanism like a non-bypassable exit fee to be applied to utility customers who chose to deploy solar, storage and other distributed energy resources at their home, school, or business.

  • The Bank will exercise its rights to give instructions to Valliance under the Deposit Control Agreement only in the event of an uncured default under this Agreement and any other Loan Documents or the exercise or attempt by any other person to exercise any dominion or control over the account, directly or indirectly, including through any order, attachment or levy.


More Definitions of Deposit Control Agreement

Deposit Control Agreement means the Deposit Account Control Agreement, dated the Closing Date, among the Company, Bank of the West and the Purchasers, in the form of Exhibit G attached hereto “Disclosure Schedules” shall have the meaning ascribed to such term in Section 3.1.
Sample 1
Deposit Control Agreement means the Deposit Account Control Agreement, dated the Closing Date, among the Company, Bank of the West and the Purchasers, in the form of Exhibit G attached hereto
Sample 1
Deposit Control Agreement means the agreement in the form of Exhibit E annexed hereto. 1.34. "EBITDA" shall mean, for any period, Asta Funding's Net Income, plus interest expenses (exclusive of interest on Non-Recourse Loans), plus taxes, plus depreciation, all as determined in accordance with GAAP and set forth in the Financial Statements. 1.35. "Eligible Accounts" means an Account arising out of a Consumer Loan, as to which Lender has been granted a first and prior perfected security interest by a Debtor and with respect to which the Account Debtor has made a Payment within the last ninety (90) days and which is presently owned by a Debtor and is part of an Eligible Portfolio. 1.36. "Eligible Portfolio" shall mean a Portfolio as to which a Debtor has acquired the legal right, title and interest to the Consumer Loans comprising each such Portfolio and the Collections and Accounts relating thereto, which is not a Rejected Portfolio. Each Eligible Portfolio shall be designated in each Debtor's Books and Records by a code name acceptable to the Lender, which code names shall be set forth in each Borrowing Base Certificate. 1.37. "Events of Default" shall have the meaning set forth in Section 12 hereof. 1.38. "Examination Fee" means a field examination fee of Lender not to exceed $750.00 per each day of examination, plus Lender's out-of-pocket expenses, including, travel, meals and listed expenses, provided that so long as no Event of Default is continuing, Borrower shall not be required to pay for more than one field examination in any calendar quarter prior to an Event of Default. 1.39. "Financial Statements" mean the financial statements to be furnished Lender pursuant to Section 9(v) hereof. 1.40. "GAAP" means generally accepted accounting principles then in effect and consistent with those applied in the preparation of the Financial Statements to be delivered pursuant to Section 9(v) hereof. 1.41. "Grid Note" means the note executed by Borrower in the form of Exhibit B annexed hereto, as amended, renewed or replaced from time to time. 1.42. "Guarantees" means the guaranty of all of the Obligations executed by each Guarantor, including each Affiliate Guaranty, as each is amended from time to time. 1.43. "Guarantors" shall mean Asta Funding, Asta I, E.R., Palisades I, Palisades II and each Affiliate, executing an Affiliate Guaranty, after the date hereof, but in no event a Non-Affiliate. 1.44. "Indemnified Party" means Lender and each of its officers, directors, representatives and...
Sample 1
Deposit Control Agreement has the meaning set forth in Section 5.16.
Sample 1
Deposit Control Agreement the Deposit Control Agreement to be executed and delivered by each AREH Subsidiary Guarantor, substantially in the form of Exhibit D.
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Deposit Control Agreement means the Assigned Account Agreements among the Debtors, the applicable depository bank, the First Lien Debt Agent and the Second Lien Debt Agent.
Sample 1

Related to Deposit Control Agreement

  • Deposit Account Control Agreement means an agreement in a form that is reasonably satisfactory to the Administrative Agent establishing the Administrative Agent’s Control with respect to any Deposit Account.

  • Account Control Agreement means the Account Control Agreement among the Borrower, as debtor, the Collateral Agent, as secured party, and State Street Bank and Trust Company, as depository bank and Securities Intermediary, dated on or about the date hereof.

  • Blocked Account Control Agreement means the Cash Management Agreement among Borrower, Cash Management Account Bank and Lender providing for the exclusive control of the Cash Management Account and all other Subaccounts by Lender, substantially in the form of Exhibit A or such other form as may be reasonably acceptable to Lender, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time.

  • Deposit Account Control Agreements means the deposit account control agreements or blocked account agreements in a form that is reasonably satisfactory to the Agent to be executed by each institution maintaining a deposit account or securities account for any of the Credit Parties, in favor of Agent, for the benefit of Secured Parties, as security for the Obligations to the extent required by Section 4.14(g) or any other provision of this Agreement or any Other Document.

  • Control Agreement is any control agreement entered into among the depository institution at which Borrower maintains a Deposit Account or the securities intermediary or commodity intermediary at which Borrower maintains a Securities Account or a Commodity Account, Borrower, and Bank pursuant to which Bank obtains control (within the meaning of the Code) over such Deposit Account, Securities Account, or Commodity Account.

  • Collection Account Control Agreement means the Amended and Restated Collection Account Control Agreement, dated as of the date hereof, among the Borrower, the Servicer, the Administrative Agent and the Collection Account Bank, substantially in the form of Exhibit D-3 hereto, as amended, modified or supplemented from time to time.

  • Securities Account Control Agreement shall have the meaning ascribed thereto in the Sale and Servicing Agreement.

  • Account Control Agreement(s) means any agreement entered into by and among the Lender, 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 grants Lender a perfected first priority security interest in the subject account or accounts.

  • Deposit Account Agreement means the Deposit Account Agreement and Disclosure, as may be amended from time to time, issued by the Custodian and available on the Custodian’s internet customer portal, “xx.xxxxxxxxxxx.xxx”.

  • Control Agreements means, collectively, the Deposit Account Control Agreement, the Securities Account Control Agreement and the Commodity Account Control Agreement.

  • Control Account Agreement means any tri-party agreement by and among a Loan Party, the Administrative Agent and a depositary bank or securities intermediary at which such Loan Party maintains a Controlled Account, in each case in form and substance reasonably satisfactory to the Administrative Agent.

  • Account Agreement means the agreements for the operation of the Account.

  • Commodity Account Control Agreement means a control agreement in a form that is reasonably satisfactory to the Collateral Agent establishing the Collateral Agent’s Control with respect to any Commodity Account.

  • Blocked Account Agreement means with respect to an account established by a Loan Party, an agreement, substantially in the form of Exhibit L hereto or otherwise in form and substance reasonably satisfactory to the Collateral Agent, establishing Control (as defined in the Security Agreement) of such account by the Collateral Agent and whereby the bank maintaining such account agrees, during any Cash Dominion Trigger Period, to comply only with the instructions originated by the Collateral Agent without the further consent of any Loan Party.

  • Controlled Account Agreement has the meaning specified therefor in the Security Agreement.

  • Lockbox Account Agreement means any replacement agreement therefor among the Servicer, the Trust Collateral Agent and the Lockbox Bank.

  • Clearing Account Agreement means that certain Clearing Account - Deposit Account Control Agreement dated the date hereof among Borrower, Lender and Clearing Bank, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time, relating to funds deposited in the Clearing Account.

  • Collateral Account Agreement means the Collateral Account Agreement executed and delivered by Company and Administrative Agent on the Closing Date, substantially in the form of EXHIBIT XXIII annexed hereto, as such Collateral Account Agreement may hereafter be amended, supplemented or otherwise modified from time to time.

  • Account Agreements means any lockbox account agreement, pledged account agreement, blocked account agreement, securities account control agreement, or any similar deposit or securities account agreements among the Notes Agent and/or the ABL Agent, one or more Grantors and the relevant financial institution depository or securities intermediary.

  • Qualifying Control Agreement means an agreement, among a Loan Party, a depository institution or securities intermediary and the Administrative Agent, which agreement is in form and substance acceptable to the Administrative Agent and which provides the Administrative Agent with “control” (as such term is used in Article 9 of the UCC) over the deposit account(s) or securities account(s) described therein.

  • Concentration Account Agreement as defined in subsection 4.16(b).

  • Collection Account Agreement means that certain Collection Account Agreement, dated the Closing Date, among the Borrower, the Servicer, the Account Bank, the Administrative Agent and the Collateral Agent, governing the Collection Account and which permits the Collateral Agent on behalf of the Secured Parties to direct disposition of the funds in the Collection Account, as such agreement may be amended, modified or supplemented from time to time in accordance with its terms.

  • Investment Property Control Agreement means an agreement in writing, in form and substance satisfactory to Agent, by and among Agent, any Borrower or Guarantor (as the case may be) and any securities intermediary, commodity intermediary or other person who has custody, control or possession of any investment property of such Borrower or Guarantor acknowledging that such securities intermediary, commodity intermediary or other person has custody, control or possession of such investment property on behalf of Agent, that it will comply with entitlement orders originated by Agent with respect to such investment property, or other instructions of Agent, or (as the case may be) apply any value distributed on account of any commodity contract as directed by Agent, in each case, without the further consent of such Borrower or Guarantor and including such other terms and conditions as Agent may require.

  • Blocked Account Agreements has the meaning set forth in Section 2.22(c).

  • Change of Control Agreement means the Change of Control letter agreement between the Company and the Executive of even date herewith.

  • Spread Account Agreement The Spread Account Agreement, dated as of March 25, 1993, as thereafter amended and restated, among the Seller, AFL, the Security Insurer, the Collateral Agent and the trustees specified therein, as the same may be amended, supplemented or otherwise modified in accordance with the terms thereof.