Blocking Notice definition

Blocking Notice substantially in the form attached in Schedule 4 of the Pledge Agreement), with a copy to the Pledgor, as follows:

Blocking Notice has the meaning given to it in Article 3.2 below.

Blocking Notice has the meaning given it in Section 3.2 of this Agreement.

Examples of Blocking Notice in a sentence

• If at any time upon the occurrence and during the continuance of an Event of Default, the Collateral Agent delivers to the Financial Institution a Blocking Notice in substantially the form set forth in Exhibit A, the Financial Institution agrees that after receipt of such notice, it will cease to follow any instruction with respect to the Deposit Account from the Debtor.

• The Financial Institution shall comply with instructions from the Debtor directing the disposition of funds in the Deposit Account until such time as the Financial Institution has received a Blocking Notice delivered pursuant to Section 8(a).

• The Securities Intermediary shall comply with entitlement orders from the Debtor directing transfer or redemption of any financial asset relating to the Securities Account until such time as the Securities Intermediary has received a Blocking Notice delivered pursuant to Section 9(a).

• Until such time as the Securities Intermediary receives a Blocking Notice signed by the Collateral Agent, the Debtor shall direct the Securities Intermediary with respect to the selection of investments to be made for the Securities Account.

• If at any time upon the occurrence and during the continuance of an Event of Default the Collateral Agent delivers to the Securities Intermediary a Blocking Notice in substantially the form set forth in Exhibit A, the Securities Intermediary agrees that after receipt of such notice, it will cease to follow any instruction with respect to the Securities Account from the Debtor.

More Definitions of Blocking Notice

Blocking Notice means a notice substantially in the form of Schedule 2 (Form of Blocking Notice).

Blocking Notice has the meaning given to it in Clause 3.2.

Blocking Notice shall have the meaning set forth in Section 4 of the Registration Rights Agreement.

Blocking Notice. Written notice from the Company that (i) an amendment or supplement to any Registration Statement (including an amendment or supplement required by Section 11 hereof), or a distribution of Registrable Securities under a Shelf Registration Statement, as applicable, would require the public disclosure of material non-public information concerning any transaction or negotiation involving the Company or any of its affiliates that, in the Company's judgment, exercised reasonably and in good faith, would materially interfere with such transaction or negotiations, or (ii) such amendment or supplement would otherwise require premature disclosure of non-public information that, in the Company's judgment, exercised reasonably and in good faith, would adversely affect or otherwise be detrimental to the Company.

Blocking Notice means a notice in the form of Schedule 2 (Form of Blocking Notice).

Blocking Notice has the meaning set forth in Section 12.

Blocking Notice means a written notice to the effect that (i) a distribution of Shares or the filing or effectiveness of a Registration Statement, Prospectus, amendment or supplement, at such time would require the public disclosure of material nonpublic information concerning a transaction, proposed transaction or negotiations involving the Company or any of its affiliates that, in the Company's reasonable judgment, could interfere with such transaction, proposed transaction or negotiations or (ii) such distribution of Shares or the filing or effectiveness of a Registration Statement, Prospectus, amendment or supplement at such time otherwise would require premature disclosure of nonpublic information that, in the Company's reasonable judgment, could adversely affect or otherwise be detrimental to the Company.