Commodity Contracts and Commodity Accounts Sample Clauses

Commodity Contracts and Commodity Accounts. (1) United States registrations and issuances of and applications for Patents, Trademarks, and Copyrights owned by each Grantor, (1) exclusive Copyright Licenses, (1) Commercial Tort Claims other than any Commercial Tort Claims with an estimated value of less than $1,000,000 individually or $3,000,000 in the aggregate, (1) Letter of Credit Rights for letters of credit, and (1) the name and address of any warehouseman, bailee or other third party in possession of any Inventory, Equipment and other tangible personal property other than any Inventory, Equipment or other tangible personal property having a value of less than $250,000 individually or $1,000,000 in the aggregate. Each Grantor shall supplement such schedules as necessary to ensure that such schedules are accurate on the date of each Credit Extension;
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Commodity Contracts and Commodity Accounts. With respect to ------------------------------------------ any Commodity Account and any Commodity Contract carried therein, the Debtor shall, and shall cause the Commodity Intermediary maintaining such Commodity Account to, execute and deliver a Commodity Account Control Agreement, and perform or cause to be performed, such additional or alternative procedures as may hereafter become appropriate to effect good delivery of any such Commodities Contracts to the Commodity Intermediary for the benefit of Secured Party consistent with changes in applicable law or regulations or the interpretation thereof;
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Related to Commodity Contracts and Commodity Accounts

  • Commodity Contracts Such Grantor shall not have any commodity contract unless subject to a Control Agreement.

  • Deposit Accounts, Securities Accounts and Commodity Accounts Attached hereto as Schedule 14 is a true and complete list of all Deposit Accounts, Securities Accounts and Commodity Accounts maintained by each Company, including the name of each institution where each such account is held, the name of each such account and the name of each entity that holds each account.

  • Securities Accounts If a Collateral Account is a securities account, the Financial Institution agrees that:

  • Deposit Accounts As of the date hereof, no Pledgor has any Deposit Accounts other than Excluded Deposit Accounts and those accounts listed in Schedule 11 to the Perfection Certificate. The Administrative Agent has a security interest in each such Deposit Account (other than Excluded Deposit Accounts), which security interest, when required by Section 6.17 of the Credit Agreement, will be perfected by Control. No Pledgor shall hereafter establish and maintain any Deposit Account unless (1) it shall have given the Administrative Agent 10 days’ prior written notice of its intention to establish such new Deposit Account with a Bank and (2) such Bank and such Pledgor shall have duly executed and delivered to the Administrative Agent a Deposit Account Control Agreement with respect to such Deposit Account. The Administrative Agent agrees with each Pledgor that the Administrative Agent shall not give any instructions directing the disposition of funds from time to time credited to any Deposit Account or withhold any withdrawal rights from such Pledgor with respect to funds from time to time credited to any Deposit Account unless an Event of Default has occurred and is continuing, and notice shall have been given by the Administrative Agent to the Borrower of its intent to exercise such rights. Each Pledgor agrees that once the Administrative Agent sends an instruction or notice to a Bank exercising its Control over any Deposit Account (other than Excluded Deposit Accounts) (with a copy of such instruction or notice to the Borrower) such Pledgor shall not give any instructions or orders with respect to such Deposit Account including, without limitation, instructions for distribution or transfer of any funds in such Deposit Account. No Pledgor shall grant Control of any Deposit Account to any person other than the Administrative Agent and the Notes Collateral Agent.

  • Securities Account All Permitted Investments have been and will be credited to a Securities Account. The securities intermediary for each Securities Account has agreed to treat all assets credited to the Securities Accounts as “financial assets” within the meaning of the applicable UCC.