Control by Agent. (i) The Borrower irrevocably authorizes and directs the Custodian, and the Custodian agrees, to comply with any entitlement order or instructions (within the meaning of Sections 8-102, 9-104 and 9-106 of the UCC) received from the Agent with respect to the Collateral Account, without further consent of the Borrower.
Appears in 4 contracts
Samples: Control Agreement (FS Investment Corp II), Control Agreement (FS Investment CORP), Control Agreement (Sierra Income Corp)
Control by Agent. (i) The Borrower Each Company irrevocably authorizes and directs the Custodian, and the Custodian agrees, to comply with any entitlement order or instructions (within the meaning of Sections 8-102, 9-104 and 9-106 of the UCC) received from the Agent with respect to the Collateral Account, without further consent of the Borrowersuch Company.
Appears in 2 contracts
Samples: Control Agreement (FS Energy & Power Fund), Control Agreement (FS Investment CORP)
Control by Agent. (i) The Borrower irrevocably authorizes and directs the Custodian, and the Custodian agrees, to comply with any entitlement order or instructions (within the meaning of Sections 8-102, 8-106, 9-104 and 9-106 of the UCC) received from the Agent with respect to the Collateral Account, without further consent of the Borrower.
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