Common use of Notice of Sole Control Clause in Contracts

Notice of Sole Control. If at any time the Secured Party delivers to the Financial Institution a Notice of Sole Control in substantially the form set forth in Exhibit A hereto (a “Notice of Sole Control”), the Financial Institution agrees that after receipt of such notice, it will take all instructions with respect to the Collateral Accounts solely from the Secured Party and shall not comply with instructions or entitlement orders of any other person.

Appears in 49 contracts

Samples: Control Agreement (Verizon Master Trust), Account Control Agreement (Verizon Master Trust), Control Agreement (Verizon Master Trust)

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Notice of Sole Control. If at any time the Secured Party delivers to the Financial Institution Custodian a Notice of Sole Control in substantially the form set forth in Exhibit A hereto (a "Notice of Sole Control"), the Financial Institution Custodian agrees that after receipt of such notice, it will take all directions, instructions and entitlement orders with respect to the Collateral Accounts Securities Account and the Financial Assets therein solely from the Secured Party and shall not comply with instructions without notice to or entitlement orders consent of any other personthe Debtor.

Appears in 6 contracts

Samples: Pledge and Security Agreement (Unified Series Trust), Loan Agreement (Manager Directed Portfolios), Loan Agreement (City National Rochdale Strategic Credit Fund)

Notice of Sole Control. If at any time the Secured Controlling Party delivers to the Financial Institution a Notice of Sole Control in substantially the form set forth in Exhibit A hereto (a “Notice of Sole Control”)hereto, the Financial Institution agrees that after receipt of such notice, it will take all instructions instruction with respect to the Collateral Accounts Deposit Account solely from the Secured Party and shall not comply with instructions or entitlement orders of any other personControlling Party.

Appears in 4 contracts

Samples: Control Agreement (J Crew Group Inc), Security Agreement (X Rite Inc), Security Agreement (X Rite Inc)

Notice of Sole Control. If at any time the Secured Party delivers to the Financial Institution a Notice of Sole Control in substantially the form set forth in Exhibit A hereto (a “Notice of Sole Control”), the Financial Institution agrees that after receipt of such notice, it will take all instructions with respect to the Collateral Accounts Account solely from the Secured Party and shall not comply with instructions or entitlement orders of any other person.

Appears in 3 contracts

Samples: Control Agreement (Verizon Master Trust), Control Agreement (Verizon Master Trust), Account Control Agreement (Verizon Master Trust)

Notice of Sole Control. If at any time the Secured Party delivers to the Financial Institution Custodian a Notice of Sole Control in substantially the form set forth in Exhibit A B attached hereto and made a part hereof (a "Notice of Sole Control"), the Financial Institution Custodian agrees that after receipt of such notice, it will take all directions, instructions and entitlement orders with respect to the Collateral Accounts Securities Account specified in such Notice of Sole Control and the Financial Assets therein solely from the Secured Party and shall not comply with instructions without notice to or entitlement orders consent of any other personthe relevant Debtor.

Appears in 3 contracts

Samples: Pledge and Security Agreement (City National Rochdale Funds), Loan Agreement (City National Rochdale Funds), Loan Agreement (Baird Funds Inc)

Notice of Sole Control. If at any time the Secured Party delivers to the Financial Institution a Notice of Sole Control in substantially the form set forth in Exhibit A hereto (a “Notice of Sole Control”), the Financial Institution agrees that after receipt of such notice, it will take all instructions instruction with respect to the Collateral Accounts Account[s] referenced in such notice solely from the Secured Party and shall not comply with the instructions or entitlement orders of any other person.

Appears in 2 contracts

Samples: Credit Agreement (Microsemi Corp), Credit Agreement (Microsemi Corp)

Notice of Sole Control. If at any time the Secured Party delivers to the Financial Institution Bank a Notice of Sole Control in substantially the form set forth in Exhibit A hereto (a “Notice of Sole Control”), the Financial Institution Bank agrees that after receipt of such notice, it will take all instructions with respect to the Collateral Accounts Deposit Account solely from the Secured Party and shall not comply with instructions or entitlement orders of any other personwithout further consent by the Debtor.

Appears in 2 contracts

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

Notice of Sole Control. If at any time the Secured Party delivers to the Financial Institution a Notice of Sole Control in substantially the form set forth in Exhibit A hereto (a “Notice of Sole Control”)hereto, the Financial Institution agrees that after receipt of such notice, it will take all instructions instruction with respect to the Collateral Pledged Accounts solely from the Secured Party and shall not comply with instructions or entitlement orders of any other person.Party. EXHIBIT C-3

Appears in 1 contract

Samples: Master Pledge and Security Agreement (Focal Communications Corp)

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Notice of Sole Control. If at any time the Secured Party delivers to the Financial Institution a Notice of Sole Control in substantially the form set forth in Exhibit A hereto (a “Notice of Sole Control”)) , the Financial Institution agrees that after receipt of such notice, it will take all instructions with respect to the Collateral Accounts solely from the Secured Party and shall not comply with instructions or entitlement orders of any other person.

Appears in 1 contract

Samples: Control Agreement (Verizon ABS LLC)

Notice of Sole Control. If at any time the Secured Party delivers ---------------------- to the Financial Institution a Notice of Sole Control in substantially the form set forth in Exhibit A hereto (a “Notice of Sole Control”)hereto, the Financial Institution agrees that after receipt of such notice, it will take all instructions instruction with respect to the Collateral Pledged Accounts solely from the Secured Party and shall not comply with instructions or entitlement orders of any other personParty.

Appears in 1 contract

Samples: Pledge and Security Agreement (National Steel Corp)

Notice of Sole Control. If at any time the Secured Party delivers to the Financial Institution a Notice of Sole Control in substantially the form set forth in Exhibit A hereto (a “Notice of Sole Control”)hereto, the Financial Institution agrees that after receipt of such notice, it will take all instructions with respect to the Collateral Accounts solely from the Secured Party and shall not comply with instructions or entitlement orders of any other person.

Appears in 1 contract

Samples: Control Agreement (Verizon ABS LLC)

Notice of Sole Control. If at any time the Secured Party delivers to the Financial Institution a Notice of Sole Control in substantially the form set forth in Exhibit A hereto (a “Notice of Sole Control”), the Financial Institution agrees that after receipt of such notice, it will take all instructions instruction with respect to the Collateral Accounts Account[s] referenced in such notice solely from the Secured Party and shall not comply with instructions or entitlement orders of any other person.

Appears in 1 contract

Samples: Credit Agreement (Intersil Corp/De)

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