Common use of Notice of Exclusive Control; Pledged Collateral Clause in Contracts

Notice of Exclusive Control; Pledged Collateral. After the Borrower has received written notice of delivery by the Program Agent to the Custodian of a Notice of Exclusive Control, unless such Notice of Exclusive Control is revoked in writing by the Program Agent, give any instruction to the Custodian in respect of the Pledged Collateral without the prior written consent of the Program Agent.

Appears in 7 contracts

Samples: Credit and Security Agreement (Invesco Dynamic Credit Opportunities Fund), Revolving Credit and Security Agreement (Invesco Prime Income Trust), Credit and Security Agreement (Van Kampen Senior Loan Fund)

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Notice of Exclusive Control; Pledged Collateral. After the Borrower has received written notice of delivery by the Program Administrative Agent to the Custodian of a Notice of Exclusive Control, unless such Notice of Exclusive Control is revoked in writing by the Program Administrative Agent, give any instruction to the Custodian in respect of the Pledged Collateral without the prior written consent of the Program Administrative Agent.

Appears in 1 contract

Samples: Credit and Security Agreement (Morgan Stanley Prime Income Trust)

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