Common use of CONTROL LETTERS Clause in Contracts

CONTROL LETTERS. from (i) all issuers of uncertificated securities and financial assets held by each Borrower, (ii) all securities intermediaries with respect to all securities accounts and securities entitlements of each Borrower, and (iii) all futures commission agents and clearing houses with respect to all commodities contracts and commodities accounts held by any Borrower.

Appears in 1 contract

Sources: Credit Agreement (Video Services Corp)

CONTROL LETTERS. Control Letters from (ia) all issuers of uncertificated securities and financial assets held by each Borrower, (iib) all securities intermediaries with respect to all securities accounts and securities entitlements of each Borrower, and (iiic) all futures commission agents and clearing houses with respect to all commodities contracts and commodities accounts held by any Borrower, in each case to the extent required by the Loan Documents.

Appears in 1 contract

Sources: Secured Super Priority Debtor in Possession Credit Agreement (Delta Air Lines Inc /De/)