Entitlement Order. If at any time the Securities Intermediary shall receive an “entitlement order” (within the meaning of Section 8-102(a)(8) of the UCC) issued by the Administrative Agent and relating to Investment Collateral or other Investment Property maintained in one or more of the Designated Accounts, the Securities Intermediary shall comply with such entitlement order without further consent by the Company or any other Person.
Appears in 6 contracts
Samples: Credit Agreement (Bearingpoint Inc), Security Agreement (Department 56 Inc), Security Agreement (Department 56 Inc)
Entitlement Order. If at any time the Securities Intermediary shall receive an “entitlement order” (within the meaning of Section 8-102(a)(8) of the UCC) issued by the Administrative Collateral Agent and relating to Investment Collateral or other Investment Property maintained in one or more of the Designated Accounts, the Securities Intermediary shall comply with such entitlement order without further consent by the Company or any other Person.
Appears in 2 contracts
Samples: Credit Agreement (General Cable Corp /De/), Credit Agreement (General Cable Corp /De/)
Entitlement Order. If at any time the Securities Intermediary shall receive an “entitlement order” (within the meaning of Section 8-102(a)(8) of the UCC) issued by the Administrative Agent and relating to Investment Collateral or other Investment Property maintained in one or more of the Designated Accounts, the Securities Intermediary shall comply with such entitlement order without further consent by the Company Pledgor or any other Personperson.
Appears in 2 contracts
Samples: Security Agreement (BRP (Luxembourg) 4 S.a.r.l.), u.s. Security Agreement (Bombardier Recreational Products Inc.)
Entitlement Order. If at any time the Securities Intermediary shall receive an “entitlement order” (within order”(within the meaning of Section 8-102(a)(8) of the UCC) issued by from the Administrative Agent Trustee and relating to Investment Collateral or other Investment Property maintained in one or more of the Designated AccountsAccount, the Securities Intermediary shall comply with such entitlement order without further consent by the Company or any other Person.
Appears in 1 contract
Entitlement Order. If at any time the Securities Intermediary shall receive an “"entitlement order” " (within the meaning of Section 8-102(a)(8) of the UCC) issued by the Administrative Agent and relating to Investment Collateral or other Investment Property maintained in one or more of the Designated Accounts, the Securities Intermediary shall comply with such entitlement order without further consent by the Company Grantor or any other Person.
Appears in 1 contract
Samples: Guarantee and Collateral Agreement (Business Sound Inc)
Entitlement Order. If at any time the Securities Intermediary shall receive an “"entitlement order” " (within the meaning of Section 8-102(a)(8) of the UCCUCC (which shall include any Notice of Sole Control delivered pursuant to this Control Agreement)) issued by the Administrative Agent and relating to Investment Collateral or other Investment Property maintained in one or more of the Designated AccountsTrustee, the Securities Intermediary shall comply with such entitlement order without further consent by the Company Pledgor or any other Personperson.
Appears in 1 contract
Samples: Initial Escrow Agreement (Crum & Forster Holdings Corp)
