Common use of Securities Intermediary Shall Not Acknowledge Other Claims Clause in Contracts

Securities Intermediary Shall Not Acknowledge Other Claims. Securities Intermediary agrees that, except as expressly provided in this Agreement (including Sections 4(b)) or with the written consent of Secured Party, it shall not agree to or acknowledge (i) any right by any Person other than Secured Party to originate Entitlement Orders or control with respect to the Reserve Account; or (ii) any limitation on the right of Secured Party to originate Entitlement Orders with respect to or direct the transfer of any Investments or cash credited to the Reserve Account.

Appears in 94 contracts

Samples: Securities Account Control Agreement (Toyota Auto Receivables 2024-D Owner Trust), Securities Account Control Agreement (Toyota Auto Finance Receivables LLC), Securities Account Control Agreement (Toyota Auto Receivables 2024-C Owner Trust)

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Securities Intermediary Shall Not Acknowledge Other Claims. Securities Intermediary agrees that, except as expressly provided in this Agreement (including Sections 4(b) and 6(d)) or with the written consent of Secured Party, it shall not agree to or acknowledge (i) any right by any Person other than Secured Party to originate Entitlement Orders or control with respect to the Reserve Account; or (ii) any limitation on the right of Secured Party to originate Entitlement Orders with respect to or direct the transfer of any Investments or cash credited to the Reserve Account.

Appears in 8 contracts

Samples: Securities Account Control Agreement (Toyota Auto Receivables 2011-a Owner Trust), Securities Account Control Agreement (Toyota Auto Receivables 2011-a Owner Trust), Securities Account Control Agreement (Toyota Auto Receivables 2010-C Owner Trust)

Securities Intermediary Shall Not Acknowledge Other Claims. Securities Intermediary agrees that, except as expressly provided in this Agreement (including Sections 4(bSection 6(d)) or with the written consent of Secured Party, it shall not agree to or acknowledge (i) any right by any Person other than Secured Party to originate Entitlement Orders or control with respect to the Reserve AccountCollateral Accounts; or (ii) any limitation on the right of Secured Party to originate Entitlement Orders with respect to or direct the transfer of any Investments or cash credited to the Reserve AccountCollateral Accounts.

Appears in 3 contracts

Samples: Account Agreement (Grand Canal Shops Mall Construction LLC), Account Agreement (Grand Canal Shops Mall Construction LLC), Account Agreement (Grand Canal Shops Mall Construction LLC)

Securities Intermediary Shall Not Acknowledge Other Claims. Securities Intermediary agrees that, except as expressly provided in Section 6(c) above or elsewhere in this Agreement (including Sections 4(b)) or with the written consent of Secured Party, it shall not agree to or acknowledge (i) any right by any Person other than Secured Party to originate Entitlement Orders or control with respect to the Reserve AccountCollateral Accounts; or (ii) any limitation on the right of Secured Party to originate Entitlement Orders with respect to or direct the transfer of any Investments or cash credited to the Reserve AccountCollateral Accounts.

Appears in 3 contracts

Samples: Master Disbursement Agreement (Wynn Las Vegas LLC), Master Disbursement Agreement (Wynn Resorts LTD), Master Disbursement Agreement (Wynn Resorts LTD)

Securities Intermediary Shall Not Acknowledge Other Claims. Securities Intermediary agrees that, except as expressly provided in Section 6(c) above or elsewhere in this Agreement (including Sections 4(b)) or with the written consent of Secured Party, it shall not agree to or acknowledge (i) any right by any Person other than Secured Party to originate Entitlement Orders or control with respect to the Reserve Collateral Account; or (ii) any limitation on the right of Secured Party to originate Entitlement Orders with respect to or direct the transfer of any Investments or cash credited to the Reserve Collateral Account.

Appears in 2 contracts

Samples: Master Disbursement Agreement (Wynn Resorts LTD), Master Disbursement Agreement (Wynn Resorts LTD)

Securities Intermediary Shall Not Acknowledge Other Claims. Securities Intermediary agrees that, except as expressly provided in this Agreement (including Sections 4(b)) or with the written consent of Secured Party, it shall not agree to or acknowledge (i) any right by any Person other than Secured Party to originate Entitlement Orders or control with respect to the Reserve Disbursement Account; or (ii) any limitation on the right of Secured Party to originate Entitlement Orders with respect to or direct the transfer of any Investments or cash credited to the Reserve Disbursement Account.

Appears in 1 contract

Samples: Disbursement Account Agreement (Las Vegas Sands Inc)

Securities Intermediary Shall Not Acknowledge Other Claims. Securities Intermediary agrees that, except as expressly provided in this Agreement (including Sections 4(b)) or with the written consent of Secured Party, it shall not agree to or acknowledge (i) any right by any Person other than Secured Party to originate Entitlement Orders or control with respect to the Reserve AccountCollateral Accounts; or (ii) any limitation on the right of Secured Party to originate Entitlement Orders with respect to or direct the transfer of any Investments or cash credited to the Reserve AccountCollateral Accounts.

Appears in 1 contract

Samples: Disbursement Collateral Account Agreement (Grand Canal Shops Mall Construction LLC)

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Securities Intermediary Shall Not Acknowledge Other Claims. Securities Intermediary agrees that, except as expressly provided in this Agreement (including Sections 4(b)) or with the written consent of Secured Party, it shall not agree to or acknowledge (i) any right by any Person person other than Secured Party to originate Entitlement Orders or control with respect to the Reserve AccountCollateral Accounts; or (ii) any limitation on the right of Secured Party to originate Entitlement Orders with respect to or direct the transfer of any Investments or cash credit balances credited to the Reserve AccountCollateral Accounts.

Appears in 1 contract

Samples: Credit Agreement (Prime Hospitality Corp)

Securities Intermediary Shall Not Acknowledge Other Claims. Securities ANNEX A-9 Intermediary agrees that, except as expressly provided in this Agreement (including Sections 4(bSection 6(d)) or with the written consent of Secured Party, it shall not agree to or acknowledge (i) any right by any Person other than Secured Party to originate Entitlement Orders or control with respect to the Reserve AccountCollateral Accounts; or (ii) any limitation on the right of Secured Party to originate Entitlement Orders with respect to or direct the transfer of any Investments or cash credited to the Reserve AccountCollateral Accounts.

Appears in 1 contract

Samples: Completion Guaranty Collateral Account Agreement (Grand Canal Shops Mall Construction LLC)

Securities Intermediary Shall Not Acknowledge Other Claims. Securities Intermediary agrees that, except as expressly provided in this Agreement (including Sections 4(b)) or with the written consent of Secured Party, it shall not agree to or acknowledge (i) any right by any Person other than Secured Party to originate Entitlement Orders or control with respect to the Reserve Collateral Account; or (ii) any limitation on the right of Secured Party to originate Entitlement Orders with respect to or direct the transfer of any Investments or cash credited to the Reserve Collateral Account.

Appears in 1 contract

Samples: Holdings Collateral Account Agreement (Aladdin Capital Corp)

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