Account Direction definition

Account Direction means the Agency and Custody Account Direction for Cash Balances in the form of Exhibit H attached hereto, as executed and delivered to the Collateral Agent by the Company from time to time.

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Account Direction has the meaning specified in Section 6.16(e).

Account Direction has the meaning set forth in Section 3.

Examples of Account Direction in a sentence

In particular, the Account Holder need not investigate whether the Secured Party is entitled under the Secured Party's agreements with the Grantor to give an Account Direction or other direction concerning any Account or a Notice of Exclusive Control.
In particular, the Account Holder need not investigate whether the Trustee is entitled under the Trustee's agreements with the Pledgor to give an Account Direction or other direction concerning the Pledged Account.
In particular, the Account Holder need not investigate whether the Secured Party is entitled under the Secured Party’s agreements with the Grantor to give an Account Direction or other direction concerning any Account or a Notice of Exclusive Control.
The Company shall instruct the Securities Intermediary as to the type of Permitted Investments in which any such Cash shall be invested; provided, however, that if the Company fails to deliver such instructions by 10:00 a.m. (New York City time), the Securities Intermediary shall invest such Cash in the Permitted Investments described in clause 6 of the definition of Permitted Investments and identified by the Company in the Account Direction.
In particular, the Account Intermediary need not investigate whether the Trustee is entitled under the Trustee's agreements with the Pledgor to give an Account Direction or other direction concerning the Pledge Account.
In accordance with the Pledge Agreement, the Trustee shall direct, pursuant to an Account Direction, the Account Intermediary with respect to the selection of investments to be made with the funds in the Pledge Account.
In particular, the Account Holder need not investigate whether the Secured Party is entitled under the Secured Party's agreements with the Pledgor to give an Account Direction or other direction concerning the Account.
In particular, the Account Holder need not investigate whether the Administrative Agent is entitled under the Administrative Agent’s agreements with the Grantor to give an Account Direction or other direction concerning any Account or a Notice of Exclusive Control.
In particular, the Account Holder need not investigate whether the Administrative Agent is entitled under the Administrative Agent's agreements with the Grantor to give an Account Direction or other direction concerning any Account or a Notice of Exclusive Control.
In particular, the Account Holder need not investigate whether the Collateral Trustee is entitled under the Collateral Trustee’s agreements with the Grantor to give an Account Direction or other direction concerning any Account or a Notice of Exclusive Control.