Common use of No Withdrawals Clause in Contracts

No Withdrawals. Notwithstanding the provisions of Section 3 above, Broker shall not accept nor shall it comply with any entitlement order originated by Borrower regarding the withdrawal of any financial asset or other Collateral from the Account, nor shall it deliver any such Collateral to Borrower without the express prior written consent of the Lender.

No Withdrawals. Notwithstanding the provisions of Section 3 above, Broker shall not neither accept nor shall it comply with any entitlement order originated by Borrower regarding the withdrawal of from Debtor withdrawing any financial asset or other Collateral assets from the Account, Account nor shall it deliver any such Collateral financial assets (or dividends or income received in respect of such property) to Borrower Debtor nor pay any free credit balance or other amount owing from Broker to Debtor with respect to the Account without the express specific prior written consent of Administrative Agent, except that until Broker receives a Notice of Exclusive Control, Broker may distribute to Debtor all interest and regular cash dividends received in respect of property in the LenderAccount.

No Withdrawals. Notwithstanding the provisions of Section 3 above, Broker shall not neither accept nor shall it comply with any entitlement order originated by Borrower regarding the withdrawal of from Debtor withdrawing any financial asset or other Collateral assets from the Account, Account nor shall it deliver any such Collateral financial assets (or dividends or income received in respect of such property) to Borrower Debtor nor pay any free credit balance or other amount owing from Broker to Debtor with respect to the Account without the express specific prior written consent of Lender, except that until Broker receives a Notice of Exclusive Control, Broker may distribute to Debtor all interest and regular cash dividends received in respect of property in the LenderAccount.