BNPP Entity Consent. No BNPP Entity shall make any payment to Customer in respect of a Close-Out Amount without the consent of each other BNPP Entity that has a security interest in such Close-Out Amount.
Appears in 32 contracts
Sources: Prime Brokerage Agreement, u.s. Prime Brokerage Agreement, u.s. Pb Agreement (FS Global Credit Opportunities Fund)
BNPP Entity Consent. No BNPP Entity shall make any payment to Customer in respect of a Close-Out Amount without the consent of each any other BNPP Entity that has a security interest in such Close-Out Amount.
Appears in 12 contracts
Sources: Lending Agreement (Midas Fund, Inc.), BNPP Ny Lending Agreement (Midas Series Trust), BNPP Ny Lending Agreement (Midas Series Trust)
BNPP Entity Consent. No BNPP Entity shall make any payment to Customer in respect of a Close-Out Amount without the consent of each the other BNPP Entity that has a security interest in such Close-Out Amount.
Appears in 3 contracts
Sources: u.s. Pb Agreement (DNP Select Income Fund Inc), Pb Agreement (Guggenheim Enhanced Equity Income Fund (F/K/a Old Mutual/Claymore Long-Short Fund)), u.s. Pb Agreement (Claymore/Guggenheim Strategic Opportunities Fund)
BNPP Entity Consent. No BNPP Entity shall make any payment to Customer in respect of a Close-Out Amount without the consent of each other BNPP Entity that has a security interest in such Close-Out Amount; provided that nothing herein shall excuse or diminish the obligation of the applicable BNPP Entity to make the required payment to Customer (taking into account any amounts that Customer may owe other BNPP Entities).
Appears in 2 contracts
Sources: u.s. Pb Agreement (Fiduciary/Claymore Energy Infrastructure Fund), u.s. Pb Agreement (Guggenheim Strategic Opportunities Fund)
BNPP Entity Consent. No BNPP Entity shall make any payment to Customer in respect of a Close-Out Amount without the consent of each other BNPP Entity that has a security interest in such Close-Out AmountAmount (which consent shall not be unreasonably withheld or delayed).
Appears in 1 contract
BNPP Entity Consent. No BNPP Entity shall make any payment to Customer in respect of a Close-Close- Out Amount without the consent of each other BNPP Entity that has a security interest in such Close-Out Amount; provided that nothing herein shall excuse or diminish the Obligation of the applicable BNPP Entity to make the required payment to Customer (taking into account any amounts that Customer may owe other BNPP Entities).
Appears in 1 contract
Sources: u.s. Pb Agreement (Guggenheim Credit Allocation Fund)