Common use of Distribution of Collateral Clause in Contracts

Distribution of Collateral. The Securities Intermediary shall hold the Collateral in its possession until instructed hereunder to deliver the Collateral or any specified portion thereof in accordance with a Written Instruction signed by an Authorized Person of Secured Party pursuant to Section 7 or 15 hereof.

Distribution of Collateral. The Securities Intermediary shall hold the Collateral in its possession until instructed hereunder to deliver the Collateral or any specified portion thereof in accordance with a Written Instruction signed jointly by an Authorized Person of the Pledgor and Secured Party. If the Collateral is disbursed in accordance with a court order, the Pledgor and Secured Party pursuant shall jointly represent to Section 7 or 15 hereofthe Securities Intermediary that such court order is final and non-appealable.

Distribution of Collateral. The Securities Intermediary shall hold the Collateral in its possession until instructed hereunder to deliver the Collateral or any specified portion thereof in accordance with a Written Instruction signed by an Authorized Person of the Secured Party pursuant to Section 7 or 15 hereof(after the expiry of the Security Period) a Written Instruction signed by an Authorized Person of the Pledgor.

Distribution of Collateral. The Securities Intermediary shall hold the Collateral in its possession until instructed hereunder to deliver the Collateral or any specified portion thereof in accordance with a Written Instruction signed by an Authorized Person of Secured Party pursuant to Section Sections 7 or 15 hereof. 6.

Distribution of Collateral. The Securities Intermediary shall hold the Collateral in its possession until instructed hereunder to deliver the Collateral or any specified portion thereof in accordance with a Written Instruction signed by an Authorized Person of Secured Party pursuant to Section 7 or 15 hereof.