Control of Accounts. On or before the date 45 days after the Fifth Amendment Effective Date (or such later date as the Domestic Collateral Agent shall agree in its reasonable discretion), execute and deliver customary account control agreements, in form and substance reasonably satisfactory to the applicable Collateral Agent, with respect to all deposit accounts and all securities accounts of GGC and the other Domestic Loan Parties, it being understood that nothing in this Section 7.19 shall limit or otherwise affect the obligations of GGC and the other Domestic Loan Parties pursuant to Section 5(e) of the Domestic Security Agreement. (v) A new Section 7.20 of the Credit Agreement is hereby added, as follows:
Appears in 2 contracts
Sources: Credit Agreement, Credit Agreement (Georgia Gulf Corp /De/)