Entitlement Order definition

Entitlement Order shall have the meaning specified in Section 8-102 of the UCC.

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Entitlement Order means a notification communicated to a securities intermediary directing transfer or redemption of a financial asset to which the entitlement holder has a security entitlement.

Entitlement Order. “Equipment”; “Financial Asset”; “Fixtures”; “Goods”, “Inventory”; “Letter-of-Credit Rights”; “Letters of Credit”; “Money”; “Payment Intangibles”; “Proceeds”; “ Records”; “Securities Account”; “Securities Intermediary”; “Security Entitlement”; “Supporting Obligations”; and “Tangible Chattel Paper.”

Examples of Entitlement Order in a sentence

• The Issuer has not consented to the Custodian to comply with the Entitlement Order or instruction of any Person other than the Collateral Trustee (and the Issuer prior to a notice of exclusive control being provided by the Collateral Trustee, which notice the Collateral Trustee agrees it shall not deliver except after the occurrence and during the continuance of an Event of Default or an Enforcement Event).

• The Borrower has not consented to the Custodian complying with the Entitlement Order of any Person other than the Collateral Trustee (and the Borrower prior to a notice of exclusive control being provided by the Collateral Trustee, which notice the Collateral Trustee agrees it shall not deliver except after the occurrence and during the continuance of an Event of Default).

More Definitions of Entitlement Order

Entitlement Order means a notification directing the Securities Intermediary to transfer or redeem a financial asset.

Entitlement Order has the meaning ascribed to the term “entitlement order” in Article 8 of the UCC.

Entitlement Order. The meaning specified in Section 8-102(a)(8) of the New York UCC (i.e., generally, orders directing the transfer or redemption of any Financial Asset).

Entitlement Order has the meaning given to such term in the UCC.

Entitlement Order means “entitlement order” within the meaning of Section 8-102(a)(8) of the New York UCC.

Entitlement Order has the meaning set forth in Section 2.20(f).

Entitlement Order means a notification communicated to a securities intermediary