Common use of Communications after Transfer of Record Ownership Clause in Contracts

Communications after Transfer of Record Ownership. The Collateral Agent will promptly give to the relevant Loan Party copies of any notices and other communications received by the Collateral Agent with respect to (i) Pledged Securities registered in the name of the Collateral Agent or its nominee and (ii) Pledged Security Entitlements as to which the Collateral Agent or its nominee is the Entitlement Holder.

Appears in 2 contracts

Samples: Security and Pledge Agreement (Adelphia Communications Corp), Security and Pledge Agreement (Adelphia Communications Corp)

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Communications after Transfer of Record Ownership. The Collateral Agent will promptly give to the relevant Loan Party Borrower copies of any notices and other communications received by the Collateral Agent with respect to (i) Pledged Securities registered in the name of the Collateral Agent or its nominee and (ii) Pledged Security Entitlements as to which the Collateral Agent or its nominee is the Entitlement Holdernominee.

Appears in 2 contracts

Samples: Credit Agreement (Equistar Chemicals Lp), Credit Agreement (Lyondell Chemical Co)

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