Statements; Notices of Adverse Claims Sample Clauses

Statements; Notices of Adverse Claims. At the Secured Parties' expense and request, to the extent the Custodian has the operational ability to do so, the Custodian agrees to send copies of all statements with respect to the Collateral Account to the Collateral Agent and Administrative Agent. The Custodian is authorized to disclose to the Secured Parties such other information concerning the Collateral Account as each Secured Party may from time to time request; provided, however, that the Custodian shall have no duty or obligation to comply with any such request. Except as otherwise required by law, the Custodian will use reasonable efforts to promptly notify each of the Secured Parties and the Pledgor if the Custodian receives a notice that any other person claims that it has a security or property interest in or lien upon a Collateral Account. The Pledgor and the Administrative Agent shall have thirty (30) days after receipt of a statement of a Collateral Account to notify the Custodian of an error in such statement. The Custodian's liability for any such error is limited in accordance with Section 6 hereof.
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Statements; Notices of Adverse Claims. Bank may disclose to Creditor such information concerning the Account as Creditor may from time to time reasonably request; provided, however, that Bank shall have no obligation to disclose to Creditor any information which Bank does not ordinarily make available to its depositors. Bank will use reasonable efforts promptly to notify Creditor and Customer if any other person claims that it has a property interest in the Account. It is hereby acknowledged by the parties hereto that Customer shall be entitled to record a first priority lien of certain assets to be purchased under a xxxx of sale, in favor of the Bank, in the amount of up to $50,000, which may be provided to Customer as a loan from the Bank (the "Loan").
Statements; Notices of Adverse Claims. Bank will send copies of all statements for the Accounts to Depositor and, upon request, to Secured Party. Depositor and Secured Party have 30 days after receipt of a statement for the Accounts to notify Bank of any error in such statement. Bank’s liability for any such error is limited in accordance with Section 6 hereof. Bank may disclose to Secured Party such other information concerning the Accounts as Secured Party may from time to time request; provided, however, that Bank shall have no duty or obligation to comply with any such request or to disclose to Secured Party any information which Bank does not ordinarily make available to its depositors. Bank will use reasonable efforts to promptly notify Secured Party and Depositor if any other person claims that it has a property interest in the Accounts.
Statements; Notices of Adverse Claims. Bank may disclose to Creditor such information concerning the Account as Creditor may from time to time reasonably request; provided, however, that Bank shall have no obligation to disclose to Creditor any information which Bank does not ordinarily make available to its depositors. Bank will use reasonable efforts promptly to notify Creditor and Customer if any other person claims that it has a property interest in the Account.
Statements; Notices of Adverse Claims. Bank will send copies of all statements for the Account simultaneously to Customer and Inventory Partner. Bank may disclose to Inventory Partner such other information concerning the Account as Inventory Partner may from time to time request; provided however, that Bank shall have no duty or obligation to comply with any such request. Except as otherwise required by law, Bank will use reasonable efforts to promptly notify Inventory Partner and Customer if Bank receives a notice that any other person claims that it has a property interest in or is otherwise asserting any adverse claim against the Account. Customer and Inventory Partner shall have thirty (30) days after receipt of a statement of the Account to notify Bank of an error in such statement. Bank’s liability for any such error is limited in accordance with Section 6 hereof.
Statements; Notices of Adverse Claims. Depository will send copies of all statements for the Account simultaneously to Customer and Creditors. Depository may disclose to any Creditor such other information concerning the Account as such Creditor may from time to time request; provided however, that Depository shall have no duty or obligation to comply with any such request. Except as otherwise required by law, Depository will use reasonable efforts promptly to notify Creditors and Customer if Depository receives a notice that any other person claims that it has a property interest in the Account. Customer and each Creditor shall have thirty (30) days after receipt of a statement of the Account to notify Depository of an error in such statement. Depository’s liability for any such error is limited in accordance with Section 6 hereof.

Related to Statements; Notices of Adverse Claims

  • 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.

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