Control by Secured Party. The Securities Intermediary will comply with all notifications it receives directing it to transfer or redeem any property in the Account (each an "Entitlement Order") or other directions concerning the Account (including, without limitation, directions to distribute to the Secured Party proceeds of any such transfer or redemption or interest or dividends on property in the Account) originated by the Secured Party without further consent by the Grantor or any other person.
Appears in 5 contracts
Samples: Guarantee and Collateral Agreement (Accuride Corp), Security Agreement (Foster Wheeler Inc), Security Agreement (Itc Deltacom Inc)
Control by Secured Party. The Securities Intermediary will comply with all notifications it receives directing it to transfer or redeem any property in the Account (each an "Entitlement OrderENTITLEMENT ORDER") or other directions concerning the Account (including, without limitation, directions to distribute to the Secured Party proceeds of any such transfer or redemption or interest or dividends on property in the Account) originated by the Secured Party without further consent by the Grantor or any other person.
Appears in 3 contracts
Samples: Security Agreement (Foster Wheeler LTD), Security Agreement (Del Monte Foods Co), Security Agreement (Accuride Corp)
Control by Secured Party. The Securities Intermediary will comply with all notifications it receives directing it to transfer or redeem any property in the Account (each an "“Entitlement Order"”) or other directions concerning the Account (including, without limitation, directions to distribute to the Secured Party proceeds of any such transfer or redemption or interest or dividends on property in the Account) originated by the Secured Party without further consent by the Grantor or any other person.
Appears in 3 contracts
Samples: Security Agreement (Del Monte Foods Co), Credit Agreement (Del Monte Foods Co), Security Agreement (Greater Bay Bancorp)
Control by Secured Party. The Securities Intermediary will shall comply with all notifications it receives directing it to transfer or redeem any property in the Account (each an "“Entitlement Order"”) or other directions concerning the Account (including, without limitation, directions to distribute to the Secured Party proceeds of any such transfer or redemption or interest or dividends on property in the Account) originated by the Secured Party without further consent by the Grantor or any other person.
Appears in 3 contracts
Samples: Security Agreement (Itc Deltacom Inc), Security Agreement (Itc Deltacom Inc), Security Agreement (Itc Deltacom Inc)
Control by Secured Party. The Securities Intermediary will comply with all notifications it receives directing it to transfer or redeem any property in the Account (each an "Entitlement Order") or other directions concerning the Account (including, without limitation, directions to distribute to the Secured Party proceeds of any such transfer or redemption or interest or dividends on property in the Account) originated by the Secured Party without further consent by the Grantor or any other personperson or entity.
Appears in 2 contracts
Samples: Control Agreement (USA Synthetic Fuel Corp), Security Agreement (USA Synthetic Fuel Corp)
Control by Secured Party. The Subject to Section 3(c), below, the Securities Intermediary will comply with all notifications it receives directing it to transfer or redeem any property in the Account (each an "“Entitlement Order"”) or other directions concerning the Account (including, without limitation, directions to distribute to the Secured Party proceeds of any such transfer or redemption or interest or dividends on property in the Account) originated by the Secured Party without further consent by the Grantor or any other person.
Appears in 1 contract
Samples: Second Priority Security Agreement (Aes Corporation)
Control by Secured Party. The Securities Intermediary will comply with all notifications it receives directing it to transfer or redeem any property in the Account (each each, an "“Entitlement Order") or other directions concerning the Account (including, without limitation, directions to distribute to the Secured Party proceeds of any such transfer or redemption or interest or dividends on property in the Account”) originated by the Secured Party without further consent by the Grantor or any other personCustomer.
Appears in 1 contract
Samples: Lc Agreement (Max Re Capital LTD)
Control by Secured Party. The Securities Intermediary will (a) comply with all notifications it receives directing it to transfer or redeem any property in the Account (each an "Entitlement Order") or other directions concerning the Account (including, without limitation, directions to distribute to the Secured Party proceeds of any such transfer or redemption or interest or dividends on property in the Account) originated by the Secured Party without further consent by the Grantor or any other personperson and (b) provide copies of each such Entitlement Order to the Grantor promptly after receipt.
Appears in 1 contract
