Securities Account Control Agreement | Practical Law

Securities Account Control Agreement | Practical Law

This is a standard form of Securities Account Control Agreement among a corporate borrower or guarantor, secured party and securities intermediary.  It can be used to perfect a secured party's lien over a borrower's securities account that the borrower pledges to secure its obligations under a secured loan. This Standard Document has integrated notes with important explanations and drafting and negotiating tips.

Securities Account Control Agreement

Practical Law Standard Document 9-383-8860 (Approx. 18 pages)

Securities Account Control Agreement

by Practical Law Finance
MaintainedUSA (National/Federal)
This is a standard form of Securities Account Control Agreement among a corporate borrower or guarantor, secured party and securities intermediary. It can be used to perfect a secured party's lien over a borrower's securities account that the borrower pledges to secure its obligations under a secured loan. This Standard Document has integrated notes with important explanations and drafting and negotiating tips.