Common use of Notice to Third Party Issuer Clause in Contracts

Notice to Third Party Issuer. With regard to any certificates of deposit or similar Collateral for which Lender is not the issuer, Xxxxxxr agrees to nxxxxx xhe issuer or obligor of the interests hereby granted to Lender and to obtain from such issuer or obligor (a) acknowledgment of the interests in favor of Lender, and (b) the issuer'x xx obligor's agreement to waive in favor of Lender any and all rights of set-off or similar rights or remedies to which issuer or obligor may be entitled. Grantor further agreex, xx xonnection therewith, to execute and cause the issuer or obligor to execute any and all acknowledgments, waivers and other agreements in such form and upon such terms as Lender may request.

Notice to Third Party Issuer. With regard to any certificates of deposit or similar Collateral for which Lender is not the issuer, Xxxxxxr . Grantor agrees to nxxxxx xhe issuer or obligor of the interests hereby granted to Lender and to obtain from such xxxx issuer or obligor (a) acknowledgment of the interests in favor of Lender, and (b) the issuer'x xx obligor's agreement to waive in favor of Lender any and all rights of set-off or similar rights or remedies to which issuer or obligor may be entitled. Grantor further agreex, xx xonnection therewith, to execute and cause the issuer or obligor to execute any and all acknowledgments, waivers and other agreements in such form and upon such terms as Lender may request.