Control by Collateral Trustee. Upon receipt of a Notice of Exclusive Control (as defined below) and thereafter until receipt of a Notice of Release (as defined below), the Commodity Intermediary will comply with all notifications it receives directing it to apply any value distributed on account of any commodity contract or contracts carried in the Account (each, and “Entitlement Order”) or other directions concerning the Account originated by the Collateral Trustee without further consent by the Grantor or any other person.
Appears in 5 contracts
Samples: Security Agreement (CONSOL Energy Inc), Security Agreement (Consol Energy Inc), Security Agreement (Consol Energy Inc)
