No Withdrawals. Notwithstanding the provisions of SECTION 3 above, the Bank shall not comply with any entitlement order from the Depositor requiring a free delivery of any financial assets from the Account nor deliver any such financial assets to the Depositor nor pay any free credit balance or other amount owing from the Bank to the Depositor with respect to the Account, except for the distribution of interest or dividends permitted under SECTION 3 above, without the prior written consent of the Secured Party.
Appears in 3 contracts
Samples: Security Agreement (InfuSystem Holdings, Inc), Security Agreement (InfuSystem Holdings, Inc), Security Agreement (National Coal Corp)
No Withdrawals. Notwithstanding the provisions of SECTION 3 above, the Bank shall not comply with any entitlement order from the Depositor requiring a free delivery of any financial assets from the Account nor deliver any such financial assets to the Depositor nor pay any free credit balance or other amount owing from the Bank to the Depositor with respect to the Account, except for the distribution of interest or dividends permitted under SECTION 3 above, without the prior written consent of the Secured PartyAdministrative Agent.
Appears in 2 contracts
Samples: Security and Guarantee Agreement (National Coal Corp), Security and Guarantee Agreement (National Coal Corp)
