No Control by Issuer or Third Parties Concerning Accounts. The Securities Intermediary shall not comply with any instructions of the Issuer or any other person or entity (other than the Secured Party) concerning the Accounts (including any order that is originated by the Issuer and that would require the Securities Intermediary to make a free delivery of Accounts to the Issuer or any other person). Additionally, the Securities Intermediary shall not agree with any third party (other than the Secured Party) that the Securities Intermediary will comply with orders originated by such third party concerning the Accounts.
Appears in 9 contracts
Samples: Securities Account Control Agreement (Nissan Auto Receivables 2024-a Owner Trust), Securities Account Control Agreement (Nissan Auto Receivables 2024-a Owner Trust), Securities Account Control Agreement (NISSAN AUTO RECEIVABLES Co II LLC)
No Control by Issuer or Third Parties Concerning Accounts. The Securities Intermediary shall not comply with any instructions of the Issuer or any other person or entity (other than except to the Secured Partyextent permitted under Section 3.1(b)) concerning the Accounts (including any order that is originated by the Issuer and that would require the Securities Intermediary to make a free delivery of Accounts to the Issuer or any other person). Additionally, the Securities Intermediary shall not agree with any third party (other than the Secured Party) that the Securities Intermediary will comply with orders originated by such third party concerning the Accounts.
Appears in 4 contracts
Samples: Securities Account Control Agreement (Honda Auto Receivables 2023-4 Owner Trust), Securities Account Control Agreement (Honda Auto Receivables 2023-4 Owner Trust), Securities Account Control Agreement (Honda Auto Receivables 2023-2 Owner Trust)
No Control by Issuer or Third Parties Concerning Accounts. The Securities Intermediary shall not comply with any instructions of the Issuer or any other person or entity (other than except to the Secured Partyextent permitted under Section 3.1(b)) concerning the Accounts (including any order that is originated by the Issuer and that would require the Securities Intermediary to make a free delivery of Accounts to the Issuer or any other person). Additionally, the Securities Intermediary shall not agree with any third party (other than the Secured Party) that the Securities Intermediary will comply with orders originated by such third party concerning the Accounts.. HAROT 2024-2 Securities Account Control Agreement
Appears in 2 contracts
Samples: Securities Account Control Agreement (Honda Auto Receivables 2024-2 Owner Trust), Securities Account Control Agreement (Honda Auto Receivables 2024-2 Owner Trust)
No Control by Issuer or Third Parties Concerning Accounts. The Securities Intermediary shall not comply with any instructions of the Issuer or any other person or entity (other than except to the Secured Partyextent permitted under Section 3.1(b)) concerning the Accounts (including any order that is originated by the Issuer and that would require the Securities Intermediary to make a free delivery of Accounts to the Issuer or any other person). Additionally, the Securities Intermediary shall not agree with any third party (other than the Secured Party) that the Securities Intermediary will comply with orders originated by such third party concerning the Accounts.. HAROT 2022-2 Securities Account Control Agreement
Appears in 1 contract
Samples: Securities Account Control Agreement (Honda Auto Receivables 2022-2 Owner Trust)
