Control of Deposit Account. Debtor and Bank acknowledge and agree that Secured Party has control (as defined in Section 9-104 of the Uniform Commercial Code) of the Deposit Account.1 Bank will not permit the withdrawal or other disposition of any funds in the Deposit Account except as expressly provided in this Agreement.
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Sources: Control Agreement for Deposit Account, Deposit Account Control Agreement (Daca)
Control of Deposit Account. (a) Debtor and Bank acknowledge and agree that Secured Party has control (as defined in Section 9-104 of the Uniform Commercial Code) of the Deposit Account.1 Account.2 Bank will not permit the withdrawal or other disposition of any funds in the Deposit Account except as expressly provided in this Agreement.
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