Deposit Account Control Agreements: the Deposit Account control agreements to be executed by each institution maintaining a Deposit Account for a Borrower (other than any Excluded Deposit Accounts), in favor of Agent, as security for the Obligations.
Deposit Account Control Agreement. The Agent shall have received from the Borrowers the final Deposit Account Control Agreement, duly executed by each Borrower and Deposit Bank.
“Deposit Account Control Agreement” means the Deposit Account Control Agreement, dated as of the date hereof, by and among the Borrowers, Agent and Deposit Bank, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time, relating to the operation and maintenance of, and application of funds in, the Deposit Account.
“Deposit Account Control Agreement” shall mean an agreement in writing, in form and substance satisfactory to Administrative Agent, by and among Administrative Agent, the Borrower or Guarantor with a deposit account at any bank and the bank at which such deposit account is at any time maintained which provides that such bank will comply with instructions originated by Administrative Agent directing disposition of the funds in the deposit account without further consent by such Borrower or Guarantor and has such other terms and conditions as Administrative Agent may require.
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