Common use of Statements, Confirmations and Notices of Adverse Claims Clause in Contracts

Statements, Confirmations and Notices of Adverse Claims. (a) The Account Holder will send copies of all statements and confirmations for the Pledged Account simultaneously to the Pledgor and the Trustee. (b) When the Account Holder knows of any claim or interest in the Pledged Account or any property credited to the Pledged Account other than the claims and interests of the parties referred to in this Agreement, the Account Holder will promptly notify the Trustee and the Pledgor of such claim or interest.

Appears in 7 contracts

Samples: Pledge Agreement (Serena Software Inc), Control Agreement (Alaska Air Group Inc), Pledge Agreement (Alaska Air Group Inc)

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Statements, Confirmations and Notices of Adverse Claims. (a) The Account Holder will send copies of all statements and confirmations for the Pledged Pledge Account simultaneously to the Pledgor and the TrusteeCollateral Agent. (b) When the Account Holder knows of any claim or interest in the Pledged Pledge Account or any property credited to the Pledged Pledge Account other than the claims and interests of the parties referred to in this Agreement, the Account Holder will promptly notify the Trustee Collateral Agent and the Pledgor of such claim or interest.

Appears in 2 contracts

Samples: Control Agreement (Scios Inc), Pledge Agreement (Scios Inc)

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Statements, Confirmations and Notices of Adverse Claims. (a) The Account Holder will send copies of all statements and confirmations for the Pledged Account simultaneously to the Pledgor and the TrusteeAgent. (b) When the Account Holder knows of any claim or interest in the Pledged Account or any property credited to the Pledged Account other than the claims and interests of the parties referred to in this Agreement, the Account Holder will promptly notify the Trustee Agent and the Pledgor of such claim or interest.

Appears in 1 contract

Samples: Pledge Agreement (Viewpoint Corp/Ny/)

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