Jp Morgan Deposit Account Control Agreement

„Account Control Agreement,“ an agreement that is reasonably satisfactory in terms of form and content for the administrative officer and each relevant grantor, under each grantor, a bank holding such Funds Grantor153s and the administrative officer, with respect to the collection and control of all deposits and balances held in a deposit account controlled by such a large bank account with such a bank; [Add a description of securities accounts or agreements with securities intermediaries, if applicable] 7.1. Lock-box. At the request of the administrative officer after the occurrence and during the continuation of a late or accelerating payment event, each grantor executes irrevocable locking agreements, in the form provided by the administrative officer or by some other acceptable means, accompanied by confirmation by the bank in which the Imobus safe is blocked and irrevocable instructions of wiring. be confiscated from a special security account with the administrative officer. „licences“ with respect to any person, all these rights, titles and interests on and on (a) all licensing agreements or other similar agreements in and on their patents, rights or trademarks, b) all revenues, royalties, damages, rights and payments due or payable, including, without limitation, damages and payments for past and future infringements and (c) all rights to sue them for past and past infringements , present and future. 8.12. Taxes and expenses. All taxes (other than excluded taxes) that must be paid by a federal or national authority with respect to this security agreement are paid by the funders, as well as interest and, if applicable, penalties. The fellows reimburse the administrator for all reasonable expenses. analysis, management, recovery, retention or sale of security (including costs and costs associated with periodic or specific security review). All costs and expenses incurred by donors in carrying out the acts required under the conditions provided by these provisions are borne by donors alone. 7.3.

Special security account. After the appearance and continuation of a payment or acceleration event, the administrative officer may require that all cash products of the guarantee be deposited with the administrative officer in a special and unpaid cash guarantee account and held there as collateral for the guaranteed bonds. No Grantor has any control over such a security account. In the absence of default or lawsuit, the administrator occasionally deposits with the administrative officer the assets recovered from this cash guarantee account on Grantor`s general operating account153s. If a late or accelerating payment event occurs and continues, the administrative officer (on the instruction of the required lenders) may apply from time to time the assets collected in a cash guarantee account to the payment of the secured bonds, whether or not the secured obligations are due. 3.9. No funding declarations, no security agreements.

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