Common use of Exercise of Rights Clause in Contracts

Exercise of Rights. Each Collateral Account is an account to which financial assets or other property are or may be credited, and the Financial Institution shall, subject to the terms of this Agreement, treat the Grantor as entitled to exercise the rights that comprise any financial asset or other property credited to such account.

Appears in 56 contracts

Samples: Control Agreement (Verizon Master Trust), Control Agreement (Verizon Master Trust), Control Agreement (Verizon Master Trust)

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Exercise of Rights. Each The Collateral Account is an account to which financial assets or other property are or may be credited, and the Financial Institution shall, subject to the terms of this Agreement, treat the Grantor as entitled to exercise the rights that comprise any financial asset or other property credited to such account.

Appears in 3 contracts

Samples: Control Agreement (Verizon Master Trust), Control Agreement (Verizon Master Trust), Account Control Agreement (Verizon Master Trust)

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