BNPP Entity Consent Clause Samples

BNPP Entity Consent. No BNPP Entity shall make any payment to Customer in respect of a Close-Out Amount without the consent of each other BNPP Entity that has a security interest in such Close-Out Amount.
BNPP Entity Consent. No BNPP Entity hall make any payment to Customer in respect of a Close-Out Amount without the consent of each other BNPP Entity that has a security interest in such Close-Out Amount; provided that nothing herein shall excuse or diminish the obligation of the applicable BNPP Entity to make the required payment to Customer (taking into account any amounts that Customer may owe other BNPP Entities).