Control by Secured Party. 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 an "Entitlement Order") or other directions concerning the Account originated by the Secured Party without further consent by the Grantor or any other person.
Appears in 4 contracts
Samples: Shared Security Agreement (Dynegy Inc /Il/), Non Shared Security Agreement (Dynegy Inc /Il/), Escrow Agreement (Icg Communications Inc /De/)
Control by Secured Party. 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 an "Entitlement Order") or other directions concerning the Account originated by the Secured Party without further consent by the Grantor or any other personperson or entity.
Appears in 2 contracts
Samples: Security Agreement (USA Synthetic Fuel Corp), Control Agreement (USA Synthetic Fuel Corp)
Control by Secured Party. 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 an "“Entitlement Order"”) or other directions concerning the Account originated by the Secured Party without further consent by the Grantor or any other person.
Appears in 2 contracts
Samples: Dynegy Security Agreement, Security Agreement (Dynegy Inc /Il/)
Control by Secured Party. 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 each, an "“Entitlement Order"”) or other directions concerning the Account originated by the Secured Party without further consent by the Grantor or any other person.
Appears in 1 contract
Control by Secured Party. 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 an "Entitlement OrderENTITLEMENT ORDER") or other directions concerning the Account originated by the Secured Party without further consent by the Grantor or any other person.
Appears in 1 contract
