Common use of Form of Securities, Instruments, etc Clause in Contracts

Form of Securities, Instruments, etc. All securities and other financial assets credited to any of the Controlled Accounts that are in registered form or that are payable to or to the order of shall be (i) held by the Account Bank subject to the Lien of the Collateral Agent for the benefit of the Secured Parties, (ii) indorsed in blank or (iii) credited to another securities account maintained in the name of the Account Bank.

Appears in 2 contracts

Sources: Securities Account Control Agreement, Securities Account Control Agreement (Corporate Capital Trust, Inc.)