Depository Account Agreement definition

Depository Account Agreement means an agreement, substantially in the form of Exhibit H hereto, among a Depository Bank, a Borrower and the Agent delivered to the Agent pursuant to Section 7.13.
Sample 1
Depository Account Agreement has the meaning set forth in Section 2.10 hereof.
Sample 1Sample 2
Depository Account Agreement means the depository account agreement among the Lender, the Borrower, CHI Finance and the Depository Account Bank, substantially in the form of Exhibit M hereto, as amended, supplemented or otherwise modified from time to time.
Sample 1

Examples of Depository Account Agreement in a sentence

  • The HKCC Participant shall, at the request of the Clearing House, supply it with a certified copy of the executed Approved Depository Account Agreement.

  • A Delivery Agent shall enter into an Approved Depository Account Agreement with each Approved Depository.

  • An HKCC Participant which enters into an Approved Depository Account Agreement may not amend or revoke any mandatory provision without the Clearing House’s written consent.(d) An HKCC Participant shall give no less than 14 Business Days’ prior written notice to the Clearing House if either itself or an Approved Depository intends to terminate any Approved Depository Account Agreement.

  • An HKCC Participant which enters into an Approved Depository Account Agreement may not amend or revoke any mandatory provision without the Clearing House’s written consent.

  • Maximus Customers also entered into a Depository Account Agreement with FSD regarding the purported storage of assets at FSD.

  • If, after any such request by the Agent, a Company Party is unable to obtain a Depository Account Agreement from any financial institution that receives remittances or other proceeds of sales of Inventory within such thirty (30) day period, such Company Party shall promptly thereafter terminate such accounts and establish new accounts at a financial institution that will enter into a Depository Account Agreement.

  • The HKCC Participant shall, atthe request of the Clearing House, supply it with a certified copy of the executed Approved Depository Account Agreement.

  • Additionally, Borrower and its bank shall execute and deliver a Blocked Account Agreement or Depository Account Agreement (as TBCC shall designate), in form and substance satisfactory to TBCC.

  • The Deposit Accounts for the Eligible Properties shall be subject to a Depository Account Agreement in form satisfactory to the Agents.

  • Upon and during the continuance of an Event of Default, each Company Party shall, upon the request of the Agent, use its best efforts to cause each Depository Bank maintaining a Depository Account which has not previously delivered a Depository Account Agreement as aforesaid to promptly, and in any event within thirty (30) days after the date of such request, enter into a Depository Account Agreement.


More Definitions of Depository Account Agreement

Depository Account Agreement means a depository account agreement as amended, modified or supplemented from time to time, which provides, among other things, that (1) deposited funds are forwarded daily from the Depository Account to the Concentration Account, (2) collection procedures otherwise governing the Depository Account shall be satisfactory to the Lender and will continue unchanged, (3) the Depository Account is pledged to the Lender and (4) the bank that established the Depository Account will not change the agreed procedures without the prior written consent of the Lender.
Sample 1
Depository Account Agreement means that certain depository account agreement entered into on January 22, 2002 by and among Wachovia Bank, National Association, Agent and Parent with respect to, among other things, the Concentration Account and the Foothill Account, which remains in effect in the Chapter 11 Case.
Sample 1
Depository Account Agreement means each agreement, substantially in the form of the agreement attached as EXHIBIT O among a Depository Bank, the Company or any other Company Party and the Agent, delivered to the Agent when required pursuant to Section 7.15 hereof, as each such agreement may be modified and supplemented and in effect from time to time.
Sample 1
Depository Account Agreement means the Account Control Agreement by and among AmeriCredit Canada and the Depository Bank, as such agreement may be amended, supplemented or replaced from time to time, and entered into by the Servicer and the Depository Bank with respect to the Depository Account.
Sample 1

Related to Depository Account Agreement

  • Depository Accounts shall have the meaning set forth in Section 4.15(h) hereof.

  • 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.

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

  • Depository Account includes any commercial, checking, savings, time, or thrift account, or an account that is evidenced by a certificate of deposit, thrift certificate, investment certificate, certificate of indebtedness, or other similar instrument maintained by a Financial Institution in the ordinary course of a banking or similar business. A Depository Account also includes an amount held by an insurance company pursuant to a guaranteed investment contract or similar agreement to pay or credit interest thereon.

  • 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”.

  • 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.

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

  • 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.

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

  • 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.

  • 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.

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

  • 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.

  • 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.

  • 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.

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

  • 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.

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

  • 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.

  • 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.

  • 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.

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

  • Blocked Account has the meaning provided in Section 6.13(a)(ii).

  • 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.

  • Concentration Accounts has the meaning ascribed to it in Annex C.