Investment Account Control Agreement definition

Investment Account Control Agreement means an agreement among the Administrative Agent, a Securities Intermediary holding a securities account for a Loan Party, and such Loan Party, in form and substance satisfactory to the Administrative Agent, evidencing that the Administrative Agent has “control” (as defined in the UCC) of such securities account.
Investment Account Control Agreement means the account control agreement to be entered into by the Borrower, Collateral Agent and JPMorgan Chase Bank, N.A. substantially in the form attached hereto as Exhibit K, or in such other form reasonably acceptable to the Administrative Agent.
Investment Account Control Agreement means a control agreement, in form and substance reasonably satisfactory to Agent, which grants Agent “control” (as defined in the Uniform Commercial Code in effect in the applicable jurisdiction) over any Investment Account maintained by Borrower or any Guarantor, in each case, among Agent, Borrower or such Guarantor and the applicable financial institution (either a Lender or other financial institution approved by Agent and the Majority Lenders) at which the Investment Account is maintained, pursuant to which such financial institution agrees to take instructions from Agent following notice from Agent during the continuance of an Event of Default, as it may be amended, supplemented or otherwise modified from time to time in accordance with this Agreement.

Examples of Investment Account Control Agreement in a sentence

  • To the extent that Borrower or any Subsidiary has any Investment Accounts, Borrower or such Subsidiary shall obtain an executed Investment Account Control Agreement from each broker with respect to each such Investment Account.

  • Borrower and all other required persons and entities will have executed and delivered to Lender this Amendment, the Investment Account Control Agreement and such other documents as the Lender may reasonably require.

  • With respect to any Investment Account, if requested by Secured Party, obtain an executed Investment Account Control Agreement from each such broker (if such broker is not a Lender or a Lender Affiliate) with respect to each such Investment Account.


More Definitions of Investment Account Control Agreement

Investment Account Control Agreement means any control agreement entered into by and among any Borrower, Agent and any Relationship Bank in respect of a Money Market Account, in form and substance reasonably satisfactory to Agent.
Investment Account Control Agreement means that certain control agreement dated May , 2008 by and among Borrower, Lender and M&T Securities, pursuant to which Lender’s security interest in the Investment Account is confirmed and Lender is granted control over such Investment Account.”
Investment Account Control Agreement means an agreement among a broker or intermediary holding an Investment Account, a Debtor, the Collateral Agent, and, if applicable, the Priority Lien Collateral Agent, in form and substance reasonably satisfactory to the Lead Holder and the Collateral Agent. Laws means all applicable statutes, laws, treaties, ordinances, tariffs requirements, rules, regulations, orders, writs, injunctions, decrees, judgments, opinions, or interpretations of any Governmental Authority.

Related to Investment Account 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.

  • 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.

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

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