Investment Property Control Agreement definition
Examples of Investment Property Control Agreement in a sentence
Lender may require Borrower to execute a Security Agreement, Investment Property Control Agreement or similar form of assignment or control agreement, as approved by Lender, to be acknowledged by all brokers involved in Borrower's marketing and hedging program.
In addition, the Borrower shall pledge in the form of an investment account at AmSouth Bank, pursuant to an Investment Property Control Agreement acceptable to the Bank, Two Million and No/100 Dollars ($2,000,000.00) in cash or cash equivalents.
Borrowers and Guarantors shall promptly, but in any event by no later than July 31, 2003, execute and deliver, and cause to be executed and delivered to Lender, an Investment Property Control Agreement with respect to such accounts, duly authorized, executed and delivered by such Borrower or Guarantor and such securities intermediaries or commodity intermediaries.
Erica White, Executive Director, Board of Pharmacy, 4052 Bald Cypress Way, Bin #C04, Tallahassee, Florida 32399-3254.
From and after the date of the Sixth Amendment hereto, Borrower, having paid $2,000,000 against the outstanding Loan, shall no longer be required to maintain a pledge of cash or cash equivalents under an Investment Property Control Agreement in the Bank's favor.