Common use of Maintenance of Account Clause in Contracts

Maintenance of Account. In addition to, and not in lieu of, the obligation of the Securities Intermediary to honor entitlement orders as agreed in Section 3 hereof, the Securities Intermediary agrees to maintain the Account as follows:

Appears in 40 contracts

Samples: Abl Security Agreement (Tower Automotive, LLC), Notes Security Agreement (Tower Automotive, LLC), First Lien Term Loan Security Agreement (Tower Automotive, LLC)

AutoNDA by SimpleDocs

Maintenance of Account. In addition to, and not in lieu of, the obligation of the Securities Intermediary to honor instructions and entitlement orders as agreed in Section 3 1 hereof, the Securities Intermediary agrees to maintain the Account as follows:

Appears in 6 contracts

Samples: Credit Agreement (Be Aerospace Inc), Security Agreement (Be Aerospace Inc), Pledge Agreement (Duane Reade)

AutoNDA by SimpleDocs

Maintenance of Account. In addition to, and not in lieu of, the obligation of the Securities Intermediary to honor honour entitlement orders as agreed in Section 3 hereof, the Securities Intermediary agrees to maintain the Account as follows:

Appears in 1 contract

Samples: Canadian Security Agreement (Nortel Networks Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!