Common use of Notices of Adverse Claims Clause in Contracts

Notices of Adverse Claims. Upon actual receipt of written notice of any lien, encumbrance or adverse claim by a third party against the Account or any asset of the Account, the Custodian shall notify the Secured Party and the Pledgor thereof.

Appears in 3 contracts

Sources: Custody and Control Agreement, Custody and Control Agreement, Custody and Control Agreement