Common use of PLEDGOR’S RIGHT OF DISPOSAL Clause in Contracts

PLEDGOR’S RIGHT OF DISPOSAL. The Pledgor may exercise all rights and powers in respect of each Account until the Collateral Agent gives notice to the contrary to the Account Bank with a copy to the Pledgor. The Pledgee may give such notice only if an Enforcement Event has occurred and is continuing.

PLEDGOR’S RIGHT OF DISPOSAL. The Pledgor may exercise all rights and powers in respect of each Account until the Pledgees (acting through the Collateral Agent gives Agent) give notice to the contrary to the Account Bank with a copy to the Pledgor. The Pledgee Pledgees (acting through the Collateral Agent) may give such notice only if an Enforcement Event has occurred and is continuing.

PLEDGOR’S RIGHT OF DISPOSAL. The Pledgor may exercise all rights and powers in respect of each Account until the Collateral Agent gives notice to the contrary to the Account Bank with a copy to the Pledgor. The Pledgee Pledgees (acting through the Collateral Agent) may give such notice only if an Enforcement Event has occurred and is continuing.