Notice of Exclusive Control has the meaning given to such term in the Control Agreement.

Notice of Exclusive Control. The meaning specified in the Securities Account Control Agreement.

Notice of Exclusive Control. The meaning specified in the Account Control Agreement.

Examples of Notice of Exclusive Control in a sentence

After the delivery of a Notice of Exclusive Control in the manner described in the preceding sentence that has not been withdrawn, solely the Administrative Agent (at the direction of the Majority Lenders) may withdraw, from each Account subject to such Springing Account Control Agreement, any deposits therein.
The Borrower (or the Portfolio Asset Servicer on its behalf) may, at any time and from time to time, during or after the Revolving Period, unless a Notice of Exclusive Control has been delivered (and not withdrawn), withdraw amounts on deposit in the Operating Account to fund Delayed Draws or other Portfolio Assets.
After the delivery of a Notice of Exclusive Control that has not been withdrawn, only the Administrative Agent (at the direction of the Majority Lenders) shall be entitled to exercise such rights.

More Definitions of Notice of Exclusive Control

Notice of Exclusive Control means a “Notice of Exclusive Control” as defined in each of the Control Agreements.

Notice of Exclusive Control means a notice delivered to and received by the Securities Intermediary by the Secured Party in accordance with Section 11(a) stating that the Secured Party is exercising exclusive control over the Secured Accounts.

Notice of Exclusive Control has the meaning specified in Section 2.20(h).

Notice of Exclusive Control means a written notice given by Secured Party to Securities Intermediary that Secured Party is exercising sole and exclusive control of the Collateral.

Notice of Exclusive Control means, with respect to a Control Agreement, a notice given by the Administrative Agent to the related Collection Account Bank in substantially the form prescribed by or attached to such Control Agreement pursuant to which the Administrative Agent exercises its exclusive right to direct the disposition of funds on deposit in the applicable Collection Account(s) in accordance with such Control Agreement.

Notice of Exclusive Control means written notice to Bank which states that an event of default has occurred and is continuing under the document, instrument or agreement pursuant to which Customer has granted the security interest in the Deposit Account to Secured Party, and that on the basis thereof, Secured Party is exercising exclusive control over the Deposit Account.

Notice of Exclusive Control means “Notice of Exclusive Control” under and as defined in the Security and Pledge Agreement.