Examples of Disbursement Account Control Agreement in a sentence
In his words, ”[t]he modes of seeking and granting relief in Equity are also different from those of Courts of Common Law“ 31.
Seller and Guarantor shall, as a condition precedent to Buyer’s obligation to enter into any Transaction hereunder, cause the Account Bank to enter into the Disbursement Account Control Agreement with respect to the Disbursement Account.
On or prior to the date hereof, the Borrower shall cause to be established and maintained,a certain deposit accountaccounts at the Disbursement Account Bank, in the name of the Borrower, each designated as thea Disbursement Account, as to which the Collateral Agent has control for the benefit of the Secured Parties within the meaning of Section 9-104(a)(2) of the UCC pursuant to the Disbursement Account Control Agreement.
A Disbursement Account Control Agreement, duly executed by the parties thereto.
Seller understands and agrees that the Disbursement Account shall be subject to a Disbursement Account Control Agreement.