Common use of Entitlement Orders Clause in Contracts

Entitlement Orders. If at any time the Securities Intermediary shall receive an “entitlement order” (within the meaning of Section 8-102(a)(8) of the UCC) from the Secured Party directing transfer or redemption of any financial asset relating to the Securities Accounts, the Securities Intermediary shall comply with such entitlement order without further consent by the Debtor or any other person. Section 4.

Appears in 3 contracts

Samples: Indenture (Triton International LTD), Loan and Security Agreement (Triton International LTD), Triton International LTD

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Entitlement Orders. If at any time the Securities Intermediary shall receive an “entitlement order” (within the meaning of Section §8-102(a)(8) of the UCC) from issued by the Secured Party directing transfer or redemption of any financial asset and relating to the Securities AccountsAccount, the Securities Intermediary shall comply with such entitlement order without further consent by the Debtor or any other person. Section 4.

Appears in 2 contracts

Samples: Securities Account Control Agreement (Hanover Capital Mortgage Holdings Inc), Securities Account Control Agreement (Hanover Capital Mortgage Holdings Inc)

Entitlement Orders. If at any time the Securities Intermediary shall receive an "entitlement order" (within the meaning of Section 8-102(a)(8102(a) (8) of the UCC) from issued by the Secured Party directing transfer or redemption of any financial asset and relating to the Securities AccountsAccount, the Securities Intermediary shall comply with such entitlement order without further consent by the Debtor or any other person. Section 4Person.

Appears in 2 contracts

Samples: Securities Account Control Agreement (Republic Airways Holdings Inc), Securities Account Control Agreement (Republic Airways Holdings Inc)

Entitlement Orders. If at any time the Securities Intermediary shall receive an "entitlement order" (within the meaning of Section 8-102(a)(8102(a) (8) of the UCC) from issued by the Secured Party directing transfer or redemption of any financial asset and relating to the Securities Accountsany Account, the Securities Intermediary shall comply with such entitlement order without further consent by the Debtor or any other person. Section 4.

Appears in 2 contracts

Samples: Credit Agreement (Orion Power Holdings Inc), Partnership Interest Pledge Agreement (Orion Power Holdings Inc)

Entitlement Orders. If at any time the Securities Intermediary shall receive an "entitlement order" (within the meaning of Section 8-102(a)(8) of the UCC) from issued by the Secured Party directing transfer or redemption of any financial asset Escrow Agent and relating to the Securities AccountsAccount, the Securities Intermediary shall comply with such entitlement order without further consent by the Debtor or any other person. Section 4.

Appears in 1 contract

Samples: Account Control Agreement (Golden Sky Systems Inc)

Entitlement Orders. If at any time the Securities Intermediary shall receive an "entitlement order" (within the meaning of Section 8-102(a)(8) of the UCC) from the Secured Party directing transfer or redemption of any financial asset relating to the Securities AccountsAccount, the Securities Intermediary shall comply with such entitlement order without further consent by the Debtor or any other person. Section 4.

Appears in 1 contract

Samples: Management Agreement (TAL International Group, Inc.)

Entitlement Orders. If at any time the Securities Intermediary shall receive an "entitlement order" (within the meaning of Section ss. 8-102(a)(8102(a) (8) of the UCC) from issued by the Secured Party directing transfer or redemption of any financial asset and relating to the Securities Accountsany Account, the Securities Intermediary shall comply with such entitlement order without further consent by the Debtor or any other person. Section 4.

Appears in 1 contract

Samples: Credit Agreement (Orion Power Holdings Inc)

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Entitlement Orders. If at any time the Securities Intermediary shall receive an “entitlement order” (within the meaning of Section §8-102(a)(8) of the UCC) from issued by the Secured Party directing transfer or redemption of any financial asset and relating to the Securities AccountsAccount, the Securities Intermediary shall comply with such entitlement order without further consent by the Debtor or any other person. Section 4Each of the Securities Intermediary and the Secured Party may rely on notices and communications it believes in good faith to be genuine and given by the appropriate party.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Access Integrated Technologies, Inc. D/B/a Cinedigm Digital Cinema Corp.)

Entitlement Orders. If at any time the Securities Intermediary shall receive an "entitlement order" (within the meaning of Section ss. 8-102(a)(8102(a) (8) of the UCC) issued by the Senior Secured Party, or, upon notice from the Secured Party directing transfer or redemption of any financial asset relating OPNY Administrative Agent to the Securities AccountsIntermediary of the occurrence of an OPNY Termination Event, issued by the Junior Secured Party, relating to any Account, the Securities Intermediary shall comply with such entitlement order without further consent by the Debtor or any other person. Section 4.

Appears in 1 contract

Samples: Credit Agreement (Orion Power Holdings Inc)

Entitlement Orders. If at any time the Securities Intermediary shall receive an “entitlement order” (within the meaning of a) Except as otherwise provided in this Section 8-102(a)(8) of the UCC) from the Secured Party directing transfer or redemption of any financial asset relating to the Securities Accounts3, the Securities Intermediary shall comply with such entitlement order orders (as defined in Section 8‑102(a)(8) of the UCC) ("Entitlement Orders") originated by the Pledgor (or the Servicer on its behalf) with respect to the Covered Accounts or the financial assets credited thereto without further consent by the Debtor or any other person. Section 4Secured Party.

Appears in 1 contract

Samples: Securities Account Control Agreement (OFS Capital Corp)

Entitlement Orders. If at any time the Securities Intermediary shall receive an "entitlement order" (within the meaning of Section 8-102(a)(8) of the UCC) from issued by the Collateral Agent on behalf of each Secured Party directing transfer or redemption of any financial asset and relating to the Securities AccountsAccount, the Securities Intermediary shall comply with such entitlement order without further consent by the Debtor Pledgors or any other person. Section 4.

Appears in 1 contract

Samples: Security and Pledge Agreement (Nab Exchangeable Preferred Trust)

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