Common use of No Control by Issuing Entity or Third Parties Concerning Designated Accounts Clause in Contracts

No Control by Issuing Entity or Third Parties Concerning Designated Accounts. The Securities Intermediary shall not comply with any instructions of the Issuing Entity (except to the extent permitted under Section 3.1(b)) concerning the Designated Accounts (including any order that is originated by the Issuing Entity and that would require the Securities Intermediary to make a free delivery of Designated Accounts to the Issuing Entity or any other person). Additionally, the Securities Intermediary shall not agree with any third party (other than the Secured Party) that the Securities Intermediary will comply with orders originated by such third party concerning the Designated Accounts.