Common use of Deposit and Brokerage Accounts Clause in Contracts

Deposit and Brokerage Accounts. For each deposit account or brokerage account that any Grantor at any time opens or maintains, such Grantor shall, at Agent's request and option, pursuant to an agreement in form and substance satisfactory to Agent, cause the depository bank or securities intermediary, as applicable, to agree to comply at any time with instructions from Agent to such depository bank or securities intermediary, as applicable, directing the disposition of funds from time to time credited to such deposit or brokerage account, without further consent of such Grantor.