No Lien or Pledge by Securities Intermediary. Securities Intermediary agrees that the Accounts and Collateral in the Accounts shall not be subject to any security interest, lien or right of set-off by Securities Intermediary or any third party claiming through Securities Intermediary and Securities Intermediary shall not pledge, encumber, hypothecate, transfer, dispose of, or otherwise grant any third party an interest in, Collateral, except to the extent set forth in the Security Agreement.
Appears in 3 contracts
Samples: Master Investment and Credit Agreement, Collateral Account Control Agreement, Master Investment and Credit Agreement (American International Group Inc)
No Lien or Pledge by Securities Intermediary. Securities Intermediary agrees that the Accounts Account and Collateral in the Accounts Account shall not be subject to any security interest, lien or right of set-off by Securities Intermediary or any third party claiming through Securities Intermediary and Securities Intermediary shall not pledge, encumber, hypothecate, transfer, dispose of, or otherwise grant any third party an interest in, Collateral, Collateral except to the extent set forth in the Security Agreement.
Appears in 2 contracts
Samples: Master Investment and Credit Agreement, Master Investment and Credit Agreement (American International Group Inc)
No Lien or Pledge by Securities Intermediary. Securities Intermediary agrees that the Accounts Account and the Collateral in the Accounts Account shall not be subject to any security interest, lien or right of set-off by Securities Intermediary or any third party claiming through Securities Intermediary Intermediary, and Securities Intermediary shall not pledge, encumber, hypothecate, transfer, dispose of, or otherwise grant any third party an interest in, Collateral, except to the extent set forth in the Security AgreementCollateral.
Appears in 1 contract
Samples: Collateral Account Control Agreement (American International Group Inc)
