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Account Control Agreement
Account Control Agreement contract clause examples

Control Account. The Register maintained by the Administrative Agent pursuant to Section 14.1(c) shall include a control account, and a subsidiary account for each Lender, in which accounts (taken together) shall be recorded # the date and amount of each Borrowing made hereunder, the type of Loan comprising such Borrowing and any Eurodollar Interest Period applicable thereto, # the effective date and amount of each Assignment and Acceptance delivered to and accepted by it and the parties thereto, # the amount of any principal or interest due and payable or to become due and payable from the Borrower to each Lender hereunder or under the Notes and # the amount of any sum received by the Administrative Agent from the Borrower or the applicable Qualified Borrower hereunder and each Lender’s share thereof.

The Register maintained by the Administrative Agent pursuant to [Section 9.07(d)] shall include a control account, and a subsidiary account for each Lender, in which accounts (taken together) shall be recorded # the date and amount of each Borrowing made hereunder, the Type of Advances comprising such Borrowing and, if appropriate, the Interest Period applicable thereto, # the terms of each Assignment and Acceptance delivered to and accepted by it, # the amount of any principal or interest due and payable or to become due and payable from the Borrower to each Lender hereunder, and # the amount of any sum received by the Administrative Agent from the Borrower hereunder and each Lender’s share thereof.

Register. The Register maintained by the Administrative Agent pursuant to [Section 13.3(D)] shall include a control account, and a subsidiary account for each Lender, in which accounts (taken together) shall be recorded # the date and the amount of each Loan made hereunder, the Type thereof and the Interest Period, if any, applicable thereto, # the amount of any principal or interest due and payable or to become due and payable from each Borrower to each Lender hereunder, # the effective date and amount of each Assignment Agreement delivered to and accepted by it and the parties thereto pursuant to Section 13.3, # the amount of any sum received by the Administrative Agent hereunder for the account of the Lenders and each Lender’s share thereof, and # all other appropriate debits and credits as provided in this Agreement, including, without limitation, all fees, charges, expenses and interest.

The Register maintained by the Agent pursuant to [Section 9.07(c)] shall include a control account, and a subsidiary account for each Lender, in which accounts (taken together) shall be recorded # the date and amount of each Borrowing made hereunder, the Type of Advances comprising such Borrowing and, if appropriate, the Interest Period applicable thereto, # the terms of each Assignment and Acceptance delivered to and accepted by the Agent, # the amount of any principal or interest due and payable or to become due and payable from the Borrower to each Lender hereunder and # the amount of any sum received by the Agent from the Borrower hereunder and each Lender’s share thereof.

The Register maintained by the Agent pursuant to [Section 8.07(c)] shall include a control account, and a subsidiary account for each Lender, in which accounts (taken together) shall be recorded # the date and amount of each Borrowing made hereunder, the Type of Advances comprising such Borrowing and, if appropriate, the Interest Period applicable thereto, # the terms of each Assumption Agreement and each Assignment and Assumption delivered to and accepted by it, # the amount of any principal or interest due and payable or to become due and payable from the Borrower to each Lender hereunder and # the amount of any sum received by the Agent from the Borrower hereunder and each Lender’s share thereof.

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