Securities Account Control Agreement definition

Securities Account Control Agreement shall have the meaning ascribed thereto in the Sale and Servicing Agreement.
Securities Account Control Agreement means an agreement, in form and substance satisfactory to Agent, among Agent, any applicable Borrower and each securities intermediary in which such Borrower maintains a Securities Account pursuant to which Agent shall obtain “control” (as defined in Article 9 of the UCC) over such Securities Account.
Securities Account Control Agreement means the Securities Account Control Agreement, dated as of May 23, 2023 among the Seller, the Securities Intermediary and the Indenture Trustee.

Examples of Securities Account Control Agreement in a sentence

  • Without limiting the foregoing, such Grantor will, with respect to any such Pledged Collateral held with a securities intermediary, cause such securities intermediary to enter into a Securities Account Control Agreement unless such Pledged Collateral is held in an Excluded Account.


More Definitions of Securities Account Control Agreement

Securities Account Control Agreement means an agreement substantially in the form of Exhibit 4 hereto or such other form that is reasonably satisfactory to the Collateral Agent establishing the Collateral Agent’s Control with respect to any Securities Account.
Securities Account Control Agreement shall have the meaning attributed to such term in the Security Agreement.
Securities Account Control Agreement any Control Agreement entered into by the Administrative Agent, a Loan Party and a securities intermediary holding a Securities Account of such Loan Party pursuant to which the Administrative Agent is granted “control” (for purposes of the UCC) over such Securities Account.
Securities Account Control Agreement means the Securities Account Control Agreement, dated as of February 8, 2021 among the Seller, the Securities Intermediary and the Indenture Trustee.
Securities Account Control Agreement means with respect to a securities account established by a Loan Party, an agreement 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 applicable securities intermediary 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.
Securities Account Control Agreement has the meaning specified in the Pledge and Security Agreement.
Securities Account Control Agreement. The Account Control Agreement, dated as of the date hereof, among the Borrower, the Collateral Agent and the Securities Intermediary, as the same may be amended, modified, waived, supplemented or restated from time to time.