Common use of Sole Control Clause in Contracts

Sole Control. The parties hereto agree that the Secured Party shall have sole “control” (within the meaning of Section 8-106 of the UCC) of the Securities Accounts as of the date hereof, without any additional consent or action by any party whatsoever.

Appears in 3 contracts

Sources: Indenture Amendment (Triton International LTD), Loan and Security Agreement (Triton International LTD), Indenture (Triton International LTD)

Sole Control. The parties hereto agree that the Secured Party shall have sole "control" (within the meaning of Section 8-106 of the UCC) of the Securities Accounts Account as of the date hereof, without any additional consent or action by any party whatsoever.

Appears in 1 contract

Sources: Indenture (TAL International Group, Inc.)