Common use of Secured Party Control Clause in Contracts

Secured Party Control. Bank, Secured Party, Servicer and Company each agree that Bank will comply with instructions given to Bank by Secured Party directing disposition of funds in the Collateral Accounts (“Disposition Instructions”) without further consent by Company or Servicer. Except as otherwise required by law, Bank will not agree with any third party to comply with instructions for disposition of funds in the Collateral Accounts originated by such third party.

Secured Party Control. Bank, Secured Party, Servicer Party and Company each agree that Bank will comply with instructions given to Bank by Secured Party directing disposition of funds in the Collateral Accounts (“Disposition Instructions”) without further consent by Company or ServicerCompany. Except as otherwise required by law, Bank will not agree with any third party to comply with instructions for disposition of funds in the Collateral Accounts originated by such third party.

Secured Party Control. Bank, Secured Party, Company, and Servicer and Company each agree that Bank will comply with instructions given to Bank by Secured Party directing disposition of funds in the Collateral Accounts (“Disposition Instructions”) without further consent by Company or Servicer. Except as otherwise required by law, Bank will not agree with any third party to comply with instructions for disposition of funds in the Collateral Accounts originated by such third party.

Secured Party Control. Bank, Secured Party, Servicer Party and Company each agree that Bank will comply with instructions given to Bank by Secured Party directing disposition of funds in the Collateral Accounts (“Disposition Instructions”) without further consent by Company or ServicerCompany. Except as otherwise required by law, Bank will not agree with any third party to comply with instructions for disposition of funds in the Collateral Accounts originated by such third party. Bank has not entered into any other control agreement governing the Collateral Accounts with any other party.

Secured Party Control. Bank, Secured Party, Servicer Party and Company each agree that Bank will unconditionally comply with instructions of the Secured Party given to Bank by Secured Party directing disposition of securities and/or funds in the Collateral Accounts (“Disposition Instructions”) without further consent by made in accordance with the Security Agreement. Prior to the termination of this Agreement in accordance with the terms hereto, the Company or Servicer. Except as otherwise required by law, shall have no right to instruct the Bank will not agree with to dispose of any third party to comply with instructions for disposition of securities and/or funds in the Collateral Accounts originated by such third partyAccounts.