Lockbox Account Control Agreement definition

Lockbox Account Control Agreement shall have the meaning attributed to such term in the Security Agreement.

Lockbox Account Control Agreement means that certain account control agreement, dated as of the date hereof, among the Company, the Administrative Agent and Xxxxx Fargo Bank, National Association.

Lockbox Account Control Agreement means that certain account control agreement, dated as of the date hereof, among the Company, the Administrative Agent and Wells Fargo Bank, National Association.

Examples of Lockbox Account Control Agreement in a sentence

• The Lockbox Account Control Agreement will provide that all funds in the Lockbox Account will be swept daily into the Collection Account.

• On or prior to the date hereof, the Issuer, the Lockbox Account Depository and the Indenture Trustee shall have entered into the Lockbox Account Control Agreement pursuant to which the Issuer shall establish and maintain the Lockbox Account for the benefit of the Noteholders.

• All Lockbox Accounts are subject to a Lockbox Account Control Agreement duly executed and delivered by the Borrower and the applicable Lockbox Account Bank.

• The Lockbox Account and the Collection Account (including any related money market account) shall, at all times, be subject to a Lockbox Account Control Agreement or Collection Account Control Agreement, as applicable, in form and substance acceptable to the Agent.

• Company has established pursuant to the Lockbox Account Control Agreement and the other Control Agreements for the benefit of the Administrative Agent, on behalf of the Secured Parties, a system of lockboxes and related accounts or deposit accounts as described in Sections 2.11(a) and (b) (the “ Lockbox System”) into which (subject to the proviso in Section 2.11(a)) all Collections shall be deposited.

More Definitions of Lockbox Account Control Agreement

Lockbox Account Control Agreement means an account control agreement in substantially the form of Exhibit B (or such other form as the Agent may approve in writing in its discretion), executed by the Borrower, the Agent and the applicable Lockbox Account Bank.

Lockbox Account Control Agreement means the Account Control Agreement, dated as of the date hereof, among Depositary Bank, City and Collateral Agent and any other agreements entered into among Depositary Bank, City and Collateral Agent which shall designate the Lockbox Account as a blocked account under the Control of Collateral Agent, for the benefit of Secured Creditors, as provided in the UCC, as each such agreement may be amended, supplemented, restated or replaced from time to time.

Lockbox Account Control Agreement means that certain Blocked Account Control Agreement (Lockbox and Lockbox Account – Lending Control), with respect to the Lockbox and the Lockbox Account, dated on or about the date hereof among Borrower, Agent and Cash Management Bank, as the same may be amended, restated, supplemented or otherwise modified from time to time.

Lockbox Account Control Agreement means an account control agreement between a depository bank (acceptable to Buyer in its sole discretion), Sellers and Buyer in respect of the Lockbox Account in form and substance acceptable to Buyer in its sole and absolute discretion.

Lockbox Account Control Agreement has the meaning set forth in Section 6.02(a).

Lockbox Account Control Agreement means the agreement, dated as of the Initial Closing Date, by and among the Issuer, the Lockbox Account Depository, and

Lockbox Account Control Agreement means that certain Deposit Account Control Agreement dated as of May 6, 2014, among the Issuer, the Indenture Trustee, the Depositor and the Lockbox Bank.