Grantor’s Rights in Accounts. (a) Except as otherwise provided in this Section 3, the Account Holder will comply with Account Directions and other directions concerning each Account originated by the Grantor without further consent by the Secured Party.
Appears in 13 contracts
Samples: Dynegy Security Agreement, Second Lien Security Agreement (Terremark Worldwide Inc.), Security Agreement (Foster Wheeler Inc)
Grantor’s Rights in Accounts. (a) Except as otherwise provided in this Section 3, the The Account Holder will comply with Account Directions and other directions concerning each Account originated by the Grantor without further consent by by, and only by, the Secured Party.
Appears in 3 contracts
Samples: Pledge and Security Agreement (Marvel Enterprises Inc), Second Priority Notes Security Agreement (Hollinger Inc), Security Agreement (Hollinger Inc)
Grantor’s Rights in Accounts. (a) Except as otherwise provided in this Section 3, the Account Holder will comply with Account Directions and other directions concerning each Account originated by the Grantor without further consent by the Secured PartyAdministrative Agent.
Appears in 2 contracts
Samples: Security Agreement (Sandridge Energy Inc), Security Agreement (American Real Estate Partners L P)
Grantor’s Rights in Accounts. (a) Except as otherwise provided in this Section 3, the Account Holder will comply with Account Directions and other directions concerning each Account originated by the Grantor without further consent by the Secured Party.
Appears in 1 contract
Samples: Second Priority Security Agreement (Aes Corporation)
