Control Agreements definition

Control Agreements has the meaning set forth in the Security Agreement.

Examples of Control Agreements in a sentence

  • The Agent and its counsel shall be satisfied that all Control Agreements and other Security Documents required under the Loan Documents have been delivered and are in full force and effect, and all required perfection and priority steps with respect thereto shall have been taken.

  • On or prior to the Closing Date, the Seller shall have entered into Control Agreements with all of the Collection Account Banks and delivered executed counterparts of each to the Administrative Agent.

  • Borrower shall, contemporaneously with the execution of this Agreement, provide Administrative Agent with the duly executed Account Control Agreements and Lockbox Agreements related to the Blocked Accounts.

  • All such Control Agreements governed under the laws of a state or territory of the United States shall provide for “springing” cash dominion with respect to each such account, including each disbursement account that is not an Excluded Account other than with respect to any Blocked Account, which shall at all times be subject to the sole dominion and control of the Administrative Agent.

  • Within sixty (60) days after the Closing Date (or such longer period as Requisite Holders may agree in their reasonable discretion pursuant to a Direction of Requisite Holders), the Note Parties shall use commercially reasonable efforts to enter into Deposit Account Control Agreements or Securities Account Control Agreements, as applicable, with respect to all Deposit Accounts that do not constitute Excluded Accounts.


More Definitions of Control Agreements

Control Agreements means each control agreement executed and delivered by Collateral Agent for the benefit of the Secured Parties, a securities intermediary or depositary bank and Borrower pursuant to the terms of the Pledge and Security Agreement with such modifications as Collateral Agent may reasonably request or approve.
Control Agreements means the ABS Control Agreement and the Titling Trust Control Agreement.
Control Agreements means, collectively, the Blocked Account Agreements and the Securities Account Control Agreements.
Control Agreements means the Dividend Account Control Agreement and Sales Proceeds Account Control Agreement (as such terms are defined in the Pledge Agreement).
Control Agreements means, collectively, the Account Control Agreement and the Titling Company Control Agreement.
Control Agreements means tri-party deposit account, securities account or commodities account control agreements by and among the applicable Credit Party, Agent and the depository bank, securities intermediary or commodities intermediary, and each in form and substance satisfactory in all respects to Agent and in any event providing to Agent "control" of such deposit account, securities account and related financial assets and securities entitlements or commodities account and related commodities contracts within the meaning of Articles 8 and 9 of the Code.
Control Agreements means those certain Account Control Agreements, in each case, dated as of the date hereof (or any later date on which any Person becomes an Applicable Lender), among Borrower, Custodian and an Applicable Lender, substantially in the form of Exhibit C.