Control Agreement definition: Copy, customize, and use instantly
Introduction
The term "Control Agreement" refers to an agreement in which one party obtains control over the assets, accounts, or other elements managed by another party, often as part of a secured lending or investment arrangement. It is essential for defining the rights and responsibilities of each party, ensuring the party with control can exercise its authority over the specified assets or operations.
Below are various examples of how "Control Agreement" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Control Agreement" as a security agreement
This definition ties "Control Agreement" to the security context.
"Control Agreement" means an agreement that provides a lender with control over collateral assets held by a borrower, ensuring that the lender has rights to the collateral if the borrower defaults on the loan.
Definition of "Control Agreement" as an account control agreement
This definition connects "Control Agreement" to control over an account.
"Control Agreement" refers to an agreement between a secured party and a depository institution that grants the secured party control over a deposit account, usually to secure a loan.
Definition of "Control Agreement" as a collateral management agreement
This definition links "Control Agreement" to the management of collateral.
"Control Agreement" means an agreement governing the management and control of pledged collateral, establishing the rights of the secured party to take control in the event of default.
Definition of "Control Agreement" as a voting rights agreement
This definition applies "Control Agreement" to voting rights.
"Control Agreement" refers to an agreement that grants a party the ability to exercise voting rights on behalf of another party or entity under certain conditions.
Definition of "Control Agreement" as an operational control agreement
This definition connects "Control Agreement" to operational control.
"Control Agreement" means an agreement under which one party gains operational control over the management or operations of a business, such as in a joint venture or partnership.
Definition of "Control Agreement" as an asset management agreement
This definition ties "Control Agreement" to the management of assets.
"Control Agreement" refers to an agreement that allows one party to control the management of assets, such as securities or property, often for the benefit of another party.
Definition of "Control Agreement" as a financial control agreement
This definition links "Control Agreement" to financial control.
"Control Agreement" means an agreement that provides one party with control over the financial accounts or transactions of another party, often in the context of secured financing or investment.
Definition of "Control Agreement" as a governance control agreement
This definition applies "Control Agreement" to governance matters.
"Control Agreement" refers to an agreement that defines one party's authority and control over the governance of a company, including decision-making processes and leadership positions.
Definition of "Control Agreement" as an investment control agreement
This definition connects "Control Agreement" to investment control.
"Control Agreement" means an agreement where one party is given control over investment decisions, including asset allocation and management, within a defined portfolio.
Definition of "Control Agreement" as an equity control agreement
This definition ties "Control Agreement" to equity control.
"Control Agreement" refers to an agreement where one party has the right to exercise control over the equity interests in a company, such as voting on major business decisions.
Definition of "Control Agreement" as a collateral pledge agreement
This definition connects "Control Agreement" to collateral pledges.
"Control Agreement" means an agreement where collateral is pledged to secure an obligation, and control over the pledged collateral is transferred to a secured party.
Definition of "Control Agreement" as a creditor's control agreement
This definition applies "Control Agreement" to creditors.
"Control Agreement" refers to an agreement where a creditor gains control over the debtor's assets or business operations as security for a debt repayment.
Definition of "Control Agreement" as a regulatory compliance agreement
This definition links "Control Agreement" to regulatory compliance.
"Control Agreement" means an agreement where one party gains control over certain operations or assets to ensure compliance with applicable laws or regulations.
Definition of "Control Agreement" as an ownership control agreement
This definition connects "Control Agreement" to ownership control.
"Control Agreement" refers to an agreement where a party gains control over the ownership interests of a business, enabling them to direct its operations or decisions.
Definition of "Control Agreement" as a pledge control agreement
This definition ties "Control Agreement" to pledging assets.
"Control Agreement" means an agreement under which a party pledges certain assets as collateral and grants control to another party, often as security for a loan or investment.
Definition of "Control Agreement" as a management rights agreement
This definition links "Control Agreement" to management rights.
"Control Agreement" refers to an agreement granting a party management rights over the operations or assets of another entity, often in a partnership or joint venture context.
Definition of "Control Agreement" as a financial security agreement
This definition connects "Control Agreement" to financial security.
"Control Agreement" means an agreement that provides a secured party with the right to control the financial assets or accounts of a borrower or debtor, securing the fulfillment of a financial obligation.
Definition of "Control Agreement" as a trustee control agreement
This definition applies "Control Agreement" to a trustee's role.
"Control Agreement" refers to an agreement that grants a trustee control over certain assets or operations, often to protect the interests of beneficiaries under a trust.
Definition of "Control Agreement" as a corporate governance control agreement
This definition connects "Control Agreement" to corporate governance.
"Control Agreement" means an agreement that specifies how control over corporate governance, including decision-making and management, is shared or transferred between parties.
Definition of "Control Agreement" as a contract enforcement agreement
This definition links "Control Agreement" to contract enforcement.
"Control Agreement" refers to an agreement that grants one party control over the enforcement of the contract's terms, ensuring that obligations are met or penalties are applied.
Definition of "Control Agreement" as a real estate control agreement
This definition applies "Control Agreement" to real estate.
"Control Agreement" refers to an agreement where control over real estate assets, such as ownership or management rights, is granted to one party for a specified period.
Definition of "Control Agreement" as a fiduciary control agreement
This definition ties "Control Agreement" to fiduciary duties.
"Control Agreement" means an agreement that grants one party fiduciary control over certain assets or interests, requiring them to act in the best interest of another party.
Definition of "Control Agreement" as a creditor control agreement
This definition links "Control Agreement" to creditor control.
"Control Agreement" refers to an agreement that grants a creditor the right to control the assets or property of a debtor in the event of default.
Definition of "Control Agreement" as a lease control agreement
This definition connects "Control Agreement" to leasing.
"Control Agreement" means an agreement where one party gains control over the leasehold interests of another party, often to secure obligations related to a lease.
Definition of "Control Agreement" as an indemnity control agreement
This definition ties "Control Agreement" to indemnification.
"Control Agreement" refers to an agreement where control is granted to a party for the purpose of managing indemnification or claims under the contract.
Definition of "Control Agreement" as a project control agreement
This definition applies "Control Agreement" to project management.
"Control Agreement" means an agreement that specifies how control over a project’s resources, operations, and outcomes is managed by one or more parties.
Definition of "Control Agreement" as an ownership interest control agreement
This definition connects "Control Agreement" to ownership interests.
"Control Agreement" refers to an agreement that provides control over ownership interests in an entity or business venture, often for decision-making purposes.
Definition of "Control Agreement" as a debt control agreement
This definition ties "Control Agreement" to debt management.
"Control Agreement" means an agreement in which one party gains control over a debtor’s assets to secure payment or repayment of a debt.
Definition of "Control Agreement" as a collateral release control agreement
This definition links "Control Agreement" to the release of collateral.
"Control Agreement" refers to an agreement that specifies how control is exercised over the release or substitution of collateral held as security for an obligation.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.