CUSTOMER'S RIGHTS WITH RESPECT TO THE COLLATERAL. (a) Until Intermediary is notified otherwise by Secured Party: (i) Customer, or any party authorized by Customer to act with respect to the Securities Account, may give trading instructions to Intermediary with respect to Collateral in the Securities Account; and (ii) Intermediary may distribute to Customer or any other party in accordance with Customer's directions that portion of the Collateral which consists of interest and/or cash dividends earned on financial assets maintained in the Securities Account.
CUSTOMER'S RIGHTS WITH RESPECT TO THE COLLATERAL. (a) Until Bank is notified otherwise by Secured Party, Bank may distribute to Customer or any other party in accordance with Customer’s directions only that portion of the Collateral which consists of interest earned.
CUSTOMER'S RIGHTS WITH RESPECT TO THE COLLATERAL a. Until Custodian is notified otherwise by Secured Part; (i) Adviser is authorized to give to Custodian, and Custodian is authorized to honor, any instructions from Adviser with respect to the selection of the investments in the Custodial Account and the trading in connection therewith; and (ii) Custodian may distribute, in accordance with instructions of Adviser, only that portion of the Collateral which consists of interest and/or cash dividends earned on financial assets maintained in the Custodial Account.
CUSTOMER'S RIGHTS WITH RESPECT TO THE COLLATERAL. (a) Customer, or any party authorized by Customer to act with respect to the Securities Account, may give trading instructions to Intermediary with respect to the Collateral in the Securities Account solely for the purposes of instructing as to trades in Permitted Investments.
CUSTOMER'S RIGHTS WITH RESPECT TO THE COLLATERAL. (a) Until Intermediary is notified otherwise by Secured Party, Intermediary may distribute to Customer that portion of the Collateral which consists of interest and/or cash dividends earned on financial assets maintained in the Securities Account.
CUSTOMER'S RIGHTS WITH RESPECT TO THE COLLATERAL. (a) Without Secured Party's prior written consent, (i) Customer may not give trading instructions to Intermediary with respect to Collateral in the Securities Account, (ii) Intermediary will not comply with any trading instructions from Customer with respect to Collateral in the Securities Account; and (iii) Intermediary may not distribute to Customer interest and/or cash dividends earned on financial assets maintained in the Securities Account. (b) Without Secured Party's prior written consent, Customer may not withdraw any Collateral from the Securities Account, and Intermediary will not comply with any entitlement order or other instruction from Customer attempting to withdraw any Collateral from the Securities Account.
CUSTOMER'S RIGHTS WITH RESPECT TO THE COLLATERAL. (a) Until Intermediary is notified otherwise by Secured Party, and except as permitted by Section 1 of the Addendum to Security Agreement by and among the parties: (i) Customer, or any party authorized by Customer to act with respect to the Securities Account, may give trading instructions to Intermediary with respect to Collateral in the Securities Account; and (ii) Intermediary may distribute to Customer or any other party in accordance with Customer's directions that portion of the Collateral which consists of interest and/or cash dividends earned on financial assets maintained in the Securities Account.
CUSTOMER'S RIGHTS WITH RESPECT TO THE COLLATERAL. (a) Until Intermediary is notified otherwise by Secured Party:
CUSTOMER'S RIGHTS WITH RESPECT TO THE COLLATERAL. Without Secured Party’s prior written consent: (i) neither Customer nor any party authorized by Customer to act with respect to the Securities Account may give trading instructions to Intermediary with respect to the Collateral in the Securities Account; (ii) neither Customer nor any party other than Secured Party may withdraw any Collateral from the Securities Account; and (iii) Intermediary will not comply with any entitlement order or request to withdraw any Collateral from the Securities Account given by any party other than Secured Party.
CUSTOMER'S RIGHTS WITH RESPECT TO THE COLLATERAL. (a) Until Intermediary is notified otherwise by Secured Party: (i) Customer, or any party authorized by Customer to act with respect to the Securities Account, may give trading instructions to Intermediary with respect to Collateral in the Securities Account so long as each trade of a financial asset is for an investment property of the same type as the financial asset being traded; (ii) Intermediary may distribute to Customer or any other party in accordance with Customer's directions that portion of the Collateral which consists of interest and/or cash dividends earned on financial assets maintained in the Securities Account; and (iii) Intermediary may permit Customer to withdraw financial assets from the Securities Account so long as after giving effect to any such withdrawal, the market value of the Securities Account is not less than $14,550,000.00, which minimum market value may be reduced if the principal amount of the Loan is reduced in accordance with Section 1.5 of the Credit Agreement. Any reduction of the minimum market value of the Securities Account shall be made in an increment to correspond to a reduction in the principal amount of the Loan. At no time during the term of the Loan shall the principal amount of the Loan exceed the required minimum market value of the Securities Account.
