Blocking Notice. If at any time the Bank or, after delivery of a Notice of Termination of First Lien Obligations sent by the Bank, the Second Lien Collateral Agent, as the case may be, delivers to the Financial Institution a Blocking Notice in substantially the form set forth in Exhibit B hereto, the Financial Institution agrees that after receipt of such notice, it will take all instruction with respect to the Deposit Account solely from the Bank.
Appears in 2 contracts
Sources: Pledge and Security Agreement (Greektown Newco Sub, Inc.), Pledge and Security Agreement (Greektown Superholdings, Inc.)
Blocking Notice. If at any time the Bank First Lien Collateral Agent or, after delivery of a Notice of Termination of First Lien Obligations sent by the BankFirst Lien Collateral Agent, the Second Lien Collateral Agent, as the case may be, delivers to the Financial Institution Securities Intermediary a Blocking Notice in substantially the form set forth in Exhibit B hereto, the Financial Institution Securities Intermediary agrees that after receipt of such notice, it will take all instruction with respect to the Deposit Securities Account solely from the Bankapplicable Collateral Lien Holder.
Appears in 2 contracts
Sources: Pledge and Security Agreement (Greektown Newco Sub, Inc.), Pledge and Security Agreement (Greektown Superholdings, Inc.)
Blocking Notice. If at any time the Bank First Lien Collateral Agent or, after delivery of a Notice of Termination of First Lien Obligations sent by the BankFirst Lien Collateral Agent, the Second Lien Collateral Agent, as the case may be, delivers to the Financial Institution a Blocking Notice in substantially the form set forth in Exhibit B hereto, the Financial Institution agrees that after receipt of such notice, it will take all instruction with respect to the Deposit Account solely from the Banksuch Collateral Lien Holder.
Appears in 2 contracts
Sources: Pledge and Security Agreement (Greektown Newco Sub, Inc.), Pledge and Security Agreement (Greektown Superholdings, Inc.)
Blocking Notice. If at any time the Bank or, after delivery of a Notice of Termination of First Lien Obligations sent by the Bank, the Second Lien Collateral Agent, as the case may be, delivers to the Financial Institution Securities Intermediary a Blocking Notice in substantially the form set forth in Exhibit B hereto, the Financial Institution Securities Intermediary agrees that after receipt of such notice, it will take all instruction with respect to the Deposit Securities Account solely from the Bankapplicable Collateral Lien Holder.
Appears in 2 contracts
Sources: Pledge and Security Agreement (Greektown Newco Sub, Inc.), Pledge and Security Agreement (Greektown Superholdings, Inc.)
Blocking Notice. If at any time the Bank First Lien Collateral Agent or, after delivery of a Notice of Termination of First Lien Obligations sent by the BankFirst Lien Collateral Agent, the Second Lien Collateral Agent, as the case may be, delivers to the Financial Institution Securities Intermediary a Blocking Notice in substantially the form set forth in Exhibit B hereto, the Financial Institution Securities Intermediary agrees that after receipt of such notice, it will take all cease to follow any instruction with respect to the Deposit Securities Account solely from the BankDebtor.
Appears in 2 contracts
Sources: First Lien Guarantee and Collateral Agreement (Edgen Murray LTD), Second Lien Guarantee and Collateral Agreement (Edgen Murray LTD)