Examples of Secured Party in a sentence
The Depositary may rely on the authenticity of written instructions from the Administrator signed electronically provided that the electronic signature is verified using the public key listed in Table 3 below: TABLE 2 (Authorised Persons for the Administrator) The foregoing is approved by the Issuer and by the Secured Party as evidenced by their signatures below.
This Agreement shall continue in effect until the Secured Party has notified the Depositary that (i) this Agreement is to be terminated or (ii) the Obligations have been satisfied in full.
This Agreement may also be terminated following 30 days’ prior notice in writing by any Party to the other Party; provided, however, that the status of the security interest in any Collateral pledged to the Secured Party at the time of such notice shall not be affected by such termination until the release of such security interest pursuant to the terms of the Cryptocurrency Security Agreement.
Upon receipt by the Depositary of such notice, the Secured Party shall have no further right to originate instructions concerning the Wallet and the Issuer shall be entitled to originate instructions concerning the Wallet for any purpose and without limitation except as may be provided in the Master Services Agreement.
Secured Party agrees promptly to notify the Depositary in writing of the full satisfaction of the Obligations.