A three-driver agreement that includes a borrower, a lender and a deposit-making organization or institution known as the Deposit Guarantee Agreement. These three parties play an important role in defining the terms of the DACA agreement. The agreement can also be considered a useful document for the lender, as it allows the lender to have a secure deposit deposit on the deposit accounts of the borrower with whom it is with the same bank or other financial institution. Cash is an extremely important guarantee for every financial institution or bank. The lender wants to get ever better interest rates on the borrower`s deposits. It is important to keep in mind when we talk about DACA, which means that it can be two types, one that is blocked by a control agreement that gives the lender full rights to the borrower`s trust account of the fund and prohibits the borrower from accessing the funds. The other is Spring, which allows the borrower to access his (s) deposit (s) as long as he has a default situation and the balance (“deposit account”) with the bank under an agreement between the bank and the customer, after which the customer deposited the sum to the bank; This deposit account control agreement (in the amended, amended, supplemented or amended “contract”) agreement is dated March 7, 2018 and is entered into by and between YAYYO, INC., a delaware company (“Depositor”), BELLRIDGE Capital, LP, a Delaware limited partnership (“Secured Party”) and Umpqua Bank (Bank).) . This deposit account control agreement (blocked account) (this “agreement”) will be concluded on May 4, 2018 by Fusion Connect, Inc., a Delaware company (“Borrower”), Wilmington Trust, National Association, a national banking association (“First Liend Party”) and East West Bank, a California banking company (“Deposit Holder”). All of these, with respect to the uniform trade code, refer to the single code of commerce, as it is in effect from time to time in New York State. The terms defined in the single trade code have the same meaning when used in that code.
This deposit account control (the “agreement”) will take place on 12 GGS Lease Co., Inc. (“Lease”), Global Eurasia, (“Eurasia”), and with GGS, Microseismic Services and Lease, TPG Specialty LLC, Inc.