Withdrawals and Transfers From Accounts. (a) The Company shall have no right to withdraw any cash from the Accounts or otherwise dispose of or transfer any Pledged Assets except as expressly provided herein and in the Common Terms Agreement. Any withdrawal, transfer or investment requested by the Company in accordance with the provisions hereof is expressly understood to be made with the permission of the relevant Depositary in the exercise of its exclusive possession of and control over the relevant Account. The Company shall instruct the Depositary to make withdrawals from the relevant Account only if no Event of Default exists and only for purposes not prohibited by the Common Terms Agreement, or as otherwise approved in writing by the Collateral Agent.
Withdrawals and Transfers From Accounts. (a) Upon the occurrence and continuance of an Event of Default, any and all transfers from the Accounts shall be made upon prior written express authorization of Pledgee.
Withdrawals and Transfers From Accounts
