Notice of Exclusive Control definition

Notice of Exclusive Control has the meaning given to such term in the Control Agreement.

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Notice of Exclusive Control. The meaning specified in the Securities Account Control Agreement.

Notice of Exclusive Control. The meaning specified in the Account Control Agreement.

Examples of Notice of Exclusive Control in a sentence

• The Borrower has not instructed the securities intermediary of any Account that is a Securities Account to comply with the entitlement order of any Person other than the Administrative Agent; provided that, until the Administrative Agent delivers a Notice of Exclusive Control, the Borrower and the Collateral Manager may cause cash in the Accounts that are Securities Accounts to be invested in Permitted Investments, and the proceeds thereof to be distributed in accordance with this Agreement.

• Each of the Administrative Agent, the Lenders and the Collateral Agent agrees that unless and until an Event of Default shall have occurred and be continuing and the Termination Date has been declared, the Obligations accelerated and the Collateral Agent has delivered a Notice of Exclusive Control, the Collateral Manager on behalf of the Borrower may continue to exercise its rights under the Sale Agreement.

• The Borrower has not instructed the depository bank of any Account to comply with the instructions of any Person other than the Administrative Agent; provided that, until the Administrative Agent delivers a Notice of Exclusive Control, the Borrower and the Collateral Manager may cause cash in such Accounts to be invested in Permitted Investments, and the proceeds thereof to be distributed in accordance with this Agreement.

More Definitions of Notice of Exclusive Control

Notice of Exclusive Control means a written notice given by the Secured Party to the Securities Intermediary that the Secured Party is exercising sole and exclusive control of the Account Collateral, in the form of Annex A attached hereto.

Notice of Exclusive Control means a written notice substantially in the form of Annex A, which written notice shall be Signed by the Secured Party, confirming to the Depositary that the Secured Party is, as of the time of receipt of such written notice by the Depositary, exercising its rights pursuant to the terms of this Agreement, the Cryptocurrency Security Agreement and the Terms and Conditions to exercise sole and exclusive control over the Account.

Notice of Exclusive Control means, with respect to a Control Agreement, a notice given by the Administrative Agent to the related Collection Account Bank in substantially the form prescribed by or attached to such Control Agreement pursuant to which the Administrative Agent exercises its exclusive right to direct the disposition of funds on deposit in the applicable Collection Account(s) in accordance with such Control Agreement.

Notice of Exclusive Control means a “Notice of Exclusive Control” as defined in each of the Control Agreements.

Notice of Exclusive Control has the meaning specified in Section 2.20(h).

Notice of Exclusive Control has the meaning specified in the Collection Account Agreement.

Notice of Exclusive Control shall have the meaning assigned to such term in Section 3.2 hereof.