Common use of Type of Account Clause in Contracts

Type of Account. The Financial Institution agrees that each Collateral Account is, and will be maintained as, either (a) a “securities account” (as defined in Section 8-501 of the UCC) or (b) a “deposit account” (as defined in Section 9-102(a)(29) of the UCC).

Appears in 67 contracts

Samples: Account Control Agreement (Ford Credit Floorplan LLC), Account Control Agreement (Ford Credit Auto Lease Trust 2015-B), Account Control Agreement (Ford Credit Auto Lease Trust 2015-B)

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Type of Account. The Financial Institution agrees that each Collateral Account is, and will be maintained as, either (a) a “securities account” (as defined in Section 8-501 of the UCC) or (b) a “deposit account,(as defined in Section 9-102(a)(29) of the UCC).

Appears in 38 contracts

Samples: Titling Company Account Control Agreement (Ford Credit Auto Lease Trust 2015-B), Titling Company Account Control Agreement (Ford Credit Auto Lease Trust 2015-B), Titling Company Account Control Agreement (Ford Credit Auto Lease Trust 2015-A)

Type of Account. The Financial Institution agrees that each Collateral Account is, and will be maintained as, either (ai) a "securities account" (as defined in Section 8-501 of the UCC) or (bii) a "deposit account” (," as defined in Section 9-102(a)(29) of the UCC).

Appears in 13 contracts

Samples: Account Control Agreement (Ford Credit Auto Owner Trust 2009-A), Account Control Agreement (Ford Credit Auto Owner Trust 2010-B), Account Control Agreement (Ford Credit Auto Owner Trust 2010-A)

Type of Account. The Financial Institution agrees that each Collateral Account is, and will be maintained as, either (ai) a “securities account” (as defined in Section 8-501 of the UCC) or (bii) a “deposit account,(as defined in Section 9-102(a)(29) of the UCC).

Appears in 6 contracts

Samples: Collateral Account Control Agreement (Ford Credit Auto Lease Trust 2011-A), Titling Company Collateral Account Control Agreement (Ford Credit Auto Lease Trust 2011-A), Titling Company Collateral Account Control Agreement (Ford Credit Auto Lease Trust 2011-A)

Type of Account. The Financial Institution agrees that each Collateral Account is, and will shall be maintained as, either (ai) a “securities account” (as defined in Section 8-501 501(a) of the UCC) or (bii) a “deposit account” (as defined in Section 9-102(a)(29) of the UCC).

Appears in 3 contracts

Samples: Account Control Agreement (Theravance Biopharma, Inc.), Account Control Agreement (Theravance Biopharma, Inc.), Account Control Agreement (Theravance Inc)

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Type of Account. The Financial Institution agrees that each Collateral Account is, and will be maintained as, as either (ai) a “securities account” (as defined in Section 8-501 of the UCC) or (bii) a “deposit account” (as defined in Section 9-102(a)(29) of the UCC). All funds on deposit in the Collateral Account will bear interest at the rate from time to time applicable to “The Bank of New York Cash Reserve”.

Appears in 3 contracts

Samples: Control Agreement (Dynegy Inc.), Control Agreement (Dynegy Inc.), Control Agreement (Dynegy Inc.)

Type of Account. The Financial Institution agrees that each Collateral Account is, and will be maintained as, either (ai) a "securities account" (as defined in Section 8-501 of the UCC) or (bii) a "deposit account” (" as defined in Section 9-102(a)(29) of the UCC).

Appears in 2 contracts

Samples: Control Agreement (155 East Tropicana, LLC), Control Agreement (155 East Tropicana, LLC)

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