Pledged Account. The Collateral Agent shall promptly give its consent to any entitlement order of Pledgor in respect of the Pledged Account delivered to the Financial Institution to the extent such entitlement order is for the purpose of effecting a substitution of, addition to or delivery of Collateral that is permitted by this Agreement and complies with the relevant provisions of this Agreement.
Appears in 3 contracts
Samples: Collateral Agreement (2017 Mandatory Exchangeable Trust), Collateral Agreement (2017 Mandatory Exchangeable Trust), Collateral Agreement (2017 Mandatory Exchangeable Trust)
Pledged Account. The Collateral Agent shall promptly give its consent to any entitlement order of Pledgor in respect of the Pledged Account delivered to the Financial Institution (as defined in the Securities Account Control Agreement) to the extent such entitlement order is for the purpose of effecting a substitution of, addition to or delivery of Collateral that is permitted by this Agreement and complies with the relevant provisions of this Agreement.
Appears in 1 contract
Samples: Collateral Agreement (Mandatory Exchangeable Trust)
