Initial Instruction definition

Initial Instruction means the first instruction to the Bank originated by the Secured Party directing that the Bank no longer comply with the Debtor’s Disposition Instructions. The Initial Instruction may also contain a Disposition Instruction originated by the Secured Party.
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Initial Instruction means the first instruction to the Bank originated by the Secured Party directing that the Bank no longer comply with the Debtor’s Dis- position Instructions. The Initial Instruction may also contain a Disposition In- struction originated by the Secured Party.
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Initial Instruction means the first instruction to the Bank originated by the Secured Party or the Collateral Agent, as the case may be, directing the disposition of the funds in the Deposit Account.
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Examples of Initial Instruction in a sentence

  • The parties have completed and attach hereto the Exhibit to be used as the form of the Initial Instruction.

  • The Bank will have no duty to inquire into or determine the existence or enforceability of the Debtor’s obligations to the Secured Party or whether, under any separate agreement between the Debtor and the Secured Party, the Debtor’s obligations to the Secured Party are in default, the Debtor may originate a Disposition Instruction or the Secured Party may originate the Initial Instruction or any Disposition Instruction.

  • Receipt of the Initial Instruction does not occur until it is received by the person or persons or department specified on the “attention” line on the Exhibit.

  • If the Specific Terms permit a writing to include an electronic record, a communication, other than the Initial Instruction, may be sent by email.

  • If more than one person is specified, receipt occurs when the Initial Instruction is received by one of the persons.

  • Initial Instruction represents the first time a professor has taught a distance education course.

  • Capitalized terms used in this Initial Instruction have the meanings given them in the Control Agreement This Initial Instruction directs the Bank no longer to comply with the Debtor’s Disposition Instructions.

  • The Initial Instruction may not be rescinded or otherwise modified without the Bank’s consent.

  • This Agreement is amended to delete the Exhibit and all references to the Initial Instruction and the Exhibit.

  • If an individual at the Bank is to be designated by title or even by name, it is advisable that one or more additional individuals at the Bank be designated as alternatives to receive the Initial Instruction if the first individual is not available.

Related to Initial Instruction

  • Special Instruction Form means a standardized form prescribed by the Management Company to be duly filled by the investor to change his/her particulars and will be stated in this Offering Document.

  • Special Instructions as used herein, shall mean Instructions countersigned or confirmed in writing by the Treasurer or any Assistant Treasurer of a Fund or any other person designated by the Treasurer of such Fund in writing, which countersignature or confirmation shall be included on the same instrument containing the Instructions or on a separate instrument relating thereto.

  • RBC instructions means the RBC report, including risk-based capital instructions adopted by the NAIC, as the RBC instructions may be amended by the NAIC from time to time in accordance with the procedures adopted by the NAIC.

  • Principal instructor means the individual who has the primary responsibility for organizing and teaching a particular course.

  • Instruction Letter means written instructions in a form acceptable to NCPS and executed by Issuer Party with Issuer Party directing NCPS to promptly disburse the Escrow Funds to Issuer pursuant to Section 4(a).