Chandler Arizona Account Control Agreement

State:
Multi-State
City:
Chandler
Control #:
US-C-MA-77334-01
Format:
Word; 
Rich Text
Instant download

Description

This is a sample Account Control Agreement. An account control agreement, sometimes called a deposit account control agreement or simply, DACA, is a legal contract executed between a deposit customer, their lender, and a bank. This agreement enables a borrower to grant a lender security interest in a bank account. Deposit account control agreements are highly specific and used most commonly in commercial real estate transactions. DACAs usually provide the most benefits to the lender because having interest in a borrower’s account lessens the lenders financial risk. The bank involved in the account control agreement should be willing to work with both parties to help ensure the terms of the agreement are fair. The lender can set up a distribution schedule with the bank to provide extra flexibility with account management.
Free preview
  • Preview Account Control Agreement
  • Preview Account Control Agreement
  • Preview Account Control Agreement
  • Preview Account Control Agreement
  • Preview Account Control Agreement
  • Preview Account Control Agreement
  • Preview Account Control Agreement
  • Preview Account Control Agreement
  • Preview Account Control Agreement
  • Preview Account Control Agreement
  • Preview Account Control Agreement

Form popularity

FAQ

1. : a maker or seller of tallow or wax candles and usually soap. 2. : a retail dealer in provisions and supplies or equipment of a specified kind. a yacht chandler.

/???ps t?ændl?r/ (also chandler) ?a person or shop that sells equipment for ships and boats.

A person who sells supplies for boats or ships: The ship's chandler always needs extra help when a boat comes in. He became a yacht chandler in Shaldon, at the mouth of the River Teign.

Origin of chandler1. 1275?1325; Middle English chandeler candlestick, maker or seller of candles < Anglo-French, Old French chandelier, literally, someone or something connected with candles, equivalent to chandelle candle + -ier -ier 2.

Chandler (occupation), originally head of the medieval household office responsible for candles, now a person who makes or sells candles. Ship chandler, a dealer in supplies or equipment for ships.

Chandler (noun as in dealer) Strongest matches. banker merchant retailer trader trafficker vendor wholesaler.

Welcome to Chandler, AZ ? a dynamic city known for its tech innovation, cultural districts, and diverse architecture. With a thriving arts scene and commitment to innovation, Chandler is recognized globally.

Chandler in Occupations topic From Longman Dictionary of Contemporary Englishchand?ler /?t???ndl? $ ?t?ændl?r/ noun [countable] someone who made or sold candles in the past ? ship's chandlerExamples from the Corpuschandler? In 1788 the Tandragee Circuit was formed in the house of James Lemon, a chandler.

Interesting Questions

Trusted and secure by over 3 million people of the world’s leading companies

Chandler Arizona Account Control Agreement