Statements, Confirmations and Notices of Adverse Claims. (a) The Account Holder will send copies of all statements and confirmations for each Account simultaneously to the Secured Party and the Grantor. (b) When the Account Holder knows of any claim or interest in any Account or any property (including, without limitation, funds and financial assets) credited to any Account other than the claims and interests of the parties referred to in this Agreement, the Account Holder will promptly notify the Secured Party and the Grantor of such claim or interest.
Appears in 13 contracts
Samples: Security Agreement, Second Priority Security Agreement (Aes Corporation), Security Agreement (Dynegy Inc /Il/)
Statements, Confirmations and Notices of Adverse Claims. (a) The Upon request by the Secured Party, the Account Holder will send copies of all statements and confirmations for each Account simultaneously to the Secured Party and the Grantor.
(b) When the Account Holder knows of any claim or interest in any Account or any property (including, without limitation, funds and financial assets) credited to any Account other than the claims and interests of the parties referred to in this Agreement, the Account Holder will promptly notify the Secured Party and the Grantor of such claim or interest.
Appears in 4 contracts
Samples: Second Lien Security Agreement (Terremark Worldwide Inc.), Security Agreement (Terremark Worldwide Inc.), Second Lien Security Agreement (Terremark Worldwide Inc)
Statements, Confirmations and Notices of Adverse Claims. (a) The Account Holder will send copies of all statements and confirmations for each Account simultaneously to the Secured Party Administrative Agent and the Grantor.
(b) When the Account Holder knows of any claim or interest in any Account or any property (including, without limitation, including funds and financial assets) credited to any Account other than the claims and interests of the parties referred to in this Agreement, the Account Holder will promptly notify the Secured Party Administrative Agent and the Grantor of such claim or interest.
Appears in 2 contracts
Samples: Credit Agreement (Sandridge Energy Inc), Security Agreement (American Real Estate Partners L P)
Statements, Confirmations and Notices of Adverse Claims. (a) The Account Holder will send copies of all statements and confirmations for each Account simultaneously to the Secured Party Collateral Trustee and the Grantor.
(b) When the Account Holder knows of any claim or interest in any Account or any property (including, without limitation, funds and financial assets) credited to any Account other than the claims and interests of the parties referred to in this Agreement, the Account Holder will promptly notify the Secured Party Collateral Trustee and the Grantor of such claim or interest.
Appears in 2 contracts
Samples: Security Agreement (CONSOL Energy Inc), Credit Agreement (Consol Energy Inc)
Statements, Confirmations and Notices of Adverse Claims. (a) The Upon the request of the Secured Party, the Account Holder will send copies of all statements and confirmations for each Account simultaneously to the Secured Party and the Grantor.
(b) When the Account Holder knows of any claim or interest in any Account or any property (including, without limitation, funds and financial assets) credited to any Account other than the claims and interests of the parties referred to in this Agreement, the Account Holder will promptly notify the Secured Party and the Grantor of such claim or interest.
Appears in 2 contracts
Samples: Security Agreement (Foster Wheeler Inc), Security Agreement (Foster Wheeler LTD)
Statements, Confirmations and Notices of Adverse Claims. (a) The Account Holder will send copies of all statements and confirmations for each the Account simultaneously to the Secured Party and the GrantorPledgor.
(b) When the Account Holder knows of any claim or interest in any the Account or any property (including, without limitation, funds and financial assets) credited to any the Account other than the claims and interests of the parties referred to in this Agreement, the Account Holder will promptly notify the Secured Party and the Grantor Pledgor of such claim or interest.
Appears in 2 contracts
Samples: Account Control Agreement (Osi Pharmaceuticals Inc), Account Control Agreement (Osi Pharmaceuticals Inc)
Statements, Confirmations and Notices of Adverse Claims. (a) The Account Holder will send copies of all statements and confirmations for each the Account simultaneously to the Secured Party and the Grantor.
(ba) When the Account Holder knows receives written notice of any claim or interest in any the Account or any property (including, without limitation, funds and financial assetsfunds) credited to any the Account other than the claims and interests of the parties referred to in this Agreement, the Account Holder will promptly notify the Secured Party and the Grantor of such claim or interest.
Appears in 1 contract
