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.
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Samples: Securities Account Control Agreement (Naked Brand Group Inc.), Securities Account Control Agreement (Auspex Systems Inc), Securities Account Control Agreement (Handspring Inc)
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 advise or otherwise 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.
Appears in 3 contracts
Samples: Wells Fargo (Cholestech Corporation), Credit Agreement (Photoworks Inc /Wa), Securities Account Control Agreement (Cholestech Corporation)
CUSTOMER'S RIGHTS WITH RESPECT TO THE COLLATERAL. (a) 3.1 Until Intermediary is notified otherwise by Secured Party: (ia) 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 (iib) Intermediary may distribute to Customer or any other party in accordance with Customer's ’s directions only that portion of the Collateral which consists of interest and/or cash dividends earned on financial assets maintained in the Securities Account.
Appears in 2 contracts
Samples: Securities Account Control Agreement (Interwoven Inc), Securities Account Control Agreement (Sunpower Corp)
CUSTOMER'S RIGHTS WITH RESPECT TO THE COLLATERAL. (a) Until Intermediary is notified in writing 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.
Appears in 1 contract
Samples: Securities Account Control Agreement (Chanticleer Holdings, Inc.)
CUSTOMER'S RIGHTS WITH RESPECT TO THE COLLATERAL. (a) 23.1 Until Intermediary is notified otherwise by Secured Party: (ia) 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 (iib) Intermediary may distribute to Customer or any other party in accordance with Customer's ’s directions only that portion of the Collateral which consists of interest and/or cash dividends earned on financial assets maintained in the Securities Account.
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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 ’s directions only that portion of the Collateral which consists of interest and/or cash dividends earned on financial assets maintained in the Securities Account.. SECURITIES ACCOUNT CONTROL AGREEMENT (Xxxxx Fargo Securities, LLC Custody) (Trading Prohibited)
Appears in 1 contract
Samples: Securities Account Control Agreement (Cancer Genetics, Inc)
CUSTOMER'S RIGHTS WITH RESPECT TO THE COLLATERAL. (a) 3.1 Until Intermediary is notified otherwise by Secured Party: (ia) 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 (iib) Intermediary may distribute to Customer or any other party in accordance with Customer's directions only that portion of the Collateral which consists of interest and/or cash dividends earned on financial assets maintained in the Securities Account.
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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 ’s directions that portion of the Collateral which consists of interest and/or cash dividends earned on financial assets maintained in the Securities Account.
Appears in 1 contract
Samples: Control Agreement (Pfenex Inc.)
CUSTOMER'S RIGHTS WITH RESPECT TO THE COLLATERAL. (a) Until Intermediary is notified otherwise by agrees that, without the prior written consent of Secured Party: (i) Customer, or any party authorized by Customer to act with respect to the Securities Account, may shall not give trading instructions to Intermediary with respect to Collateral in the Securities Account; and (ii) Intermediary may shall not 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.
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