Common use of Account Control Agreements Clause in Contracts

Account Control Agreements. Within forty-five (45) days after the Closing Date (or such longer period of time as agreed to by the Administrative Agent in its sole discretion), the Administrative Agent shall have received Deposit Account Control Agreements and Securities Account Control Agreements required to be delivered in accordance with Section 6.14.

Appears in 2 contracts

Samples: Credit Agreement (Carrols Restaurant Group, Inc.), Credit Agreement (Carrols Restaurant Group, Inc.)

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Account Control Agreements. Within forty-five (45) 30 days after the Closing Date (or such longer period of time as agreed to unless extended by the Administrative Agent in its sole discretion), the Administrative Agent shall have received Deposit Account Control Agreements and Securities Account Control Agreements control agreements satisfactory to the Administrative Agent to the extent required to be delivered in accordance with pursuant to Section 6.14.

Appears in 1 contract

Samples: Credit Agreement (Wausau Paper Corp.)

Account Control Agreements. Within forty-five ninety (4590) days after the Closing Date (or such longer extended period of time as agreed to by the Administrative Agent in its sole discretionAgent), deliver to the Administrative Agent, to the extent required by Section 6.14 and not delivered to the Administrative Agent shall have received Deposit Account Control Agreements and Securities Account Control Agreements on or prior to the Closing Date, such duly executed account control agreements with respect to Collateral for which a control agreement is required to be delivered in accordance with Section 6.14for perfection of the Administrative Agent’s security interest under the Uniform Commercial Code.

Appears in 1 contract

Samples: Credit Agreement (Gencorp Inc)

Account Control Agreements. Within forty-five (45) days after the Closing Date (or such longer period of time as agreed to by the Administrative Agent in its sole discretion), the Administrative Agent shall have received Deposit Account Control Agreements and Securities Account Control Agreements required to be delivered in accordance with Section 6.14hereunder.

Appears in 1 contract

Samples: Credit Agreement (Carrols Restaurant Group, Inc.)

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Account Control Agreements. Within forty-five (45) By the date that is 30 days after the Closing Date (or Effective Date, as such longer time period of time as agreed to by may be extended in the Administrative Agent in its Agent's sole discretion), the Administrative Agent agent shall have received Deposit the Account Control Agreements referred to in the Security Agreement, duly executed by each Pledged Account Bank referred to in the Security Agreement, in form and Securities Account Control Agreements required substance satisfactory to be delivered in accordance with Section 6.14the Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (Kansas City Southern)

Account Control Agreements. Within forty-five (45) 90 days after following the Closing Date (or such longer period of time later date as agreed to by the Administrative Agent in its sole discretionmay reasonably agree), provide to the Administrative Agent shall have received Deposit Account Control Agreements duly executed account control agreements with respect to pledged deposit accounts of the Loan Parties (other than accounts constituting payroll, tax, withholding or other fiduciary deposit accounts, and Securities Account Control Agreements required accounts holding cash and Cash Equivalents the average balance in which does not exceed $250,000 individually and $1,500,000 in the aggregate) in form and substance reasonably satisfactory to be delivered in accordance with Section 6.14the Collateral Agent.

Appears in 1 contract

Samples: Credit Agreement (U.S. Renal Care Inc)

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