Common use of Control of Accounts by Secured Party Clause in Contracts

Control of Accounts by Secured Party. The Securities Intermediary, the Issuer and the Secured Party agree that the Securities Intermediary shall comply with each entitlement order originated by the Secured Party without further consent of the Issuer or any other person or entity.

Appears in 12 contracts

Samples: Securities Account Control Agreement (Nissan Auto Receivables 2024-B Owner Trust), Securities Account Control Agreement (Nissan Auto Receivables 2024-B Owner Trust), Securities Account Control Agreement (Nissan Auto Receivables 2024-a Owner Trust)

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Control of Accounts by Secured Party. The Securities Intermediary, the Issuer Issuing Entity and the Secured Party agree that the Securities Intermediary shall comply with each entitlement order originated by the Secured Party without further consent of the Issuer Issuing Entity or the Servicer or any other person or entity.

Appears in 9 contracts

Samples: Securities Account Control Agreement (Nissan-Infiniti Lt LLC), Securities Account Control Agreement (Nissan Auto Lease Trust 2024-B), Securities Account Control Agreement (Nissan Auto Lease Trust 2024-B)

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Control of Accounts by Secured Party. The Securities Intermediary, the Issuer Issuing Entity and the Secured Party agree that the Securities Intermediary shall comply with each entitlement order originated by the Secured Party without further consent of the Issuer Issuing Entity or the Servicer or any other person or entity.

Appears in 2 contracts

Samples: Securities Account Control Agreement (Nissan Auto Lease Trust 2022-A), Securities Account Control Agreement (Nissan Auto Lease Trust 2022-A)

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