Entitlement Orders. If at any time the Securities Intermediary shall receive an “entitlement order” (within the meaning of §8-102(a)(8) of the UCC) issued by the Secured Party and relating to the Securities Account, the Securities Intermediary shall comply with such entitlement order without further consent by the Debtor or any other person.
Appears in 2 contracts
Sources: Loan and Security Agreement (Hanover Capital Mortgage Holdings Inc), Securities Account Control Agreement (Hanover Capital Mortgage Holdings Inc)
Entitlement Orders. If at any time the Securities Intermediary shall receive an “"entitlement order” " (within the meaning of §Section 8-102(a)(8102(a) (8) of the UCC) issued by the Secured Party and relating to the Securities Account, the Securities Intermediary shall comply with such entitlement order without further consent by the Debtor or any other personPerson.
Appears in 2 contracts
Sources: Securities Account Control Agreement (Republic Airways Holdings Inc), Securities Account Control Agreement (Republic Airways Holdings Inc)
Entitlement Orders. If at any time the Securities Intermediary shall receive an “"entitlement order” " (within the meaning of §Section 8-102(a)(8102(a) (8) of the UCC) issued by the Secured Party and relating to the Securities any Account, the Securities Intermediary shall comply with such entitlement order without further consent by the Debtor or any other person.
Appears in 2 contracts
Sources: Credit Agreement (Orion Power Holdings Inc), Credit Agreement (Orion Power Holdings Inc)
Entitlement Orders. If at any time the Securities Intermediary shall receive an “"entitlement order” " (within the meaning of §Section 8-102(a)(8) of the UCC) issued by the Secured Party Escrow Agent and relating to the Securities Account, the Securities Intermediary shall comply with such entitlement order without further consent by the Debtor or any other person.
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Entitlement Orders. If at any time the Securities Intermediary shall receive an “entitlement order” (within the meaning of §8-102(a)(8) of the UCC) issued by the Secured Party and relating to the Securities Account, the Securities Intermediary shall comply with such entitlement order without further consent by the Debtor or any other person. Each of the Securities Intermediary and the Secured Party may rely on notices and communications it believes in good faith to be genuine and given by the appropriate party.
Appears in 1 contract
Entitlement Orders. If at any time the Securities Intermediary shall receive an “"entitlement order” " (within the meaning of §ss. 8-102(a)(8102(a) (8) of the UCC) issued by the Secured Party and relating to the Securities any Account, the Securities Intermediary shall comply with such entitlement order without further consent by the Debtor or any other person.
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Entitlement Orders. If at any time the Securities Intermediary shall receive an “"entitlement order” " (within the meaning of §Section 8-102(a)(8) of the UCC) issued by from the Secured Party and directing transfer or redemption of any financial asset relating to the Securities Account, the Securities Intermediary shall comply with such entitlement order without further consent by the Debtor or any other person.
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Entitlement Orders. If at any time the Securities Intermediary shall receive an “entitlement order” order (within the meaning of §as defined in Section 8-102(a)(8) of the UCC) issued by the Secured Party Collateral Agent and relating to the Securities Account, the Securities Intermediary shall comply with such entitlement order without further consent by the Debtor Pledgor or any other person. The Collateral Agent agrees to indemnify the Securities Intermediary and hold the Securities Intermediary harmless from any claim or liability it may incur by having acted in accordance with instructions given by the Collateral Agent pursuant to an entitlement order.
Appears in 1 contract
Sources: Revolving Credit and Term Loan Agreement (Winstar Communications Inc)
Entitlement Orders. If at any time the Securities Intermediary shall receive an “"entitlement order” " (within the meaning of §Section 8-102(a)(8102(a) (8) of the UCC) issued by the Senior Secured Party and relating Party, or, upon notice from the OPMW Administrative Agent to the Securities Intermediary of the occurrence of an OPMW Termination Event, issued by the Junior Secured Party, relating to any Account, the Securities Intermediary shall comply with such entitlement order without further consent by the Debtor or any other person.
Appears in 1 contract
Entitlement Orders. If at any time the Securities Intermediary shall receive an “"entitlement order” " (within the meaning of §Section 8-102(a)(8) of the UCC) issued by the Collateral Agent on behalf of each Secured Party and relating to the Securities Account, the Securities Intermediary shall comply with such entitlement order without further consent by the Debtor Pledgors or any other person.
Appears in 1 contract
Sources: Security and Pledge Agreement (Nab Exchangeable Preferred Trust)
Entitlement Orders. If at any time the Securities Intermediary shall receive an “"entitlement order” " (within the meaning of §ss. 8-102(a)(8102(a) (8) of the UCC) issued by the Senior Secured Party and relating Party, or, upon notice from the OPNY Administrative Agent to the Securities Intermediary of the occurrence of an OPNY Termination Event, issued by the Junior Secured Party, relating to any Account, the Securities Intermediary shall comply with such entitlement order without further consent by the Debtor or any other person.
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