Common use of Entitlement Holder Clause in Contracts

Entitlement Holder. The Borrower agrees that it is the sole Entitlement Holder with respect to each Securities Account established hereunder, and the Issuing Lender will have control (as defined in Section 9-104 of the UCC) over any deposit account established hereunder.

Appears in 10 contracts

Samples: Reimbursement Agreement (Protective Life Corp), Reimbursement Agreement (Protective Life Corp), Reimbursement Agreement (Protective Life Insurance Co)

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