Examples of Other Secured Party in a sentence
Any Termination Notice is not effective as to the Securities Intermediary unless it is signed by both Secured Party and Other Secured Party.
The Securities Intermediary will mail notice of termination to the Secured Party, the Other Secured Party and the Debtor thereof as provided in Section 12.
While the lien on file related to the predecessor to Xxxxxx Xxxxx Trust Company (EJTC), Xxxxx National Savings and Loan, since August 2006 the EJTC Charter with the OTS has precluded borrowings by EJTC Xxxxxx Xxxxx – Form 1C Financing Statement No. 200807071456-8028-0120 filed with the Ontario Ministry of Consumer and Business Services Collateral is generally described as "Accounts and Other"; Secured Party: CDS Clearing and Depository Services Inc.; uncommitted facility, no stated amount.
If any Other Secured Party (or its Representative) shall, at any time, receive any proceeds of any such insurance policy or any such award in contravention of this Agreement, it shall pay such proceeds over to the Collateral Agent in accordance with the terms of Section 4.7.
Securities Intermediary shall not comply with any order it receives from the Other Secured Party directing the withdrawal, transfer or redemption of any financial asset, until and unless Securities Intermediary receives a Termination Notice or a Subordination Termination Notice of this Agreement pursuant to Section 13.
Xxxxxxxx, Xx. (the "Other Secured Party") as described in Schedule 11.8 hereto and that the certificates representing those shares are in the possession of the Other Secured Party.
Subject to the appointment and acceptance of a successor Collateral Agent as provided in this paragraph, the Collateral Agent may resign at any time by notifying the Senior Lenders, the Trustee, the Representative of any Other Secured Party and the Companies.
Before the Notice of Sole Control is received by the Securities Intermediary, if a withdrawal notice in the form of Exhibit D hereto from both the Secured Party and the Other Secured Party (the “Withdrawal Notice”) is received by the Securities Intermediary, then the Securities Intermediary shall follow such orders to allow withdrawals by the Debtor.
The Securities Intermediary will promptly send copies of all statements, confirmations and will use best efforts for other correspondence concerning the Securities Account and/or any financial assets credited thereto simultaneously to each of the Debtor, the Secured Party and the Other Secured Party at the address for each set forth in Section 12 of this Agreement.
The Other Secured Party, Debtor and Securities Intermediary are contemporaneously entering into a Securities Account Control Agreement (the “Other Control Agreement”), pursuant to which Securities Intermediary recognizes the Security Interest in the Securities Account in favor of the Other Secured Party granted under the Second Lien Pledge Agreement.