Common use of Grantor’s Rights in Account Clause in Contracts

Grantor’s Rights in Account. (u) Until the Securities Intermediary receives a notice from the Collateral Trustee certifying that an Event of Default (as defined in the security documents between the Collateral Trustee and the Grantor) has occurred and is continuing and stating that the Collateral Trustee will exercise exclusive control over the Account (a “

Appears in 3 contracts

Samples: Security Agreement (Consol Energy Inc), Security Agreement (Consol Energy Inc), Security Agreement (CNX Gas Corp)

AutoNDA by SimpleDocs

Grantor’s Rights in Account. (uf) Until the Securities Intermediary receives a notice from the Collateral Trustee certifying that an Event of Default (as defined in the security documents between the Collateral Trustee and the Grantor) has occurred and is continuing and stating that the Collateral Trustee will exercise exclusive control over the Account (a “

Appears in 3 contracts

Samples: Security Agreement (CONSOL Energy Inc), Security Agreement (Consol Energy Inc), Pledge Agreement (Consol Energy Inc)

Grantor’s Rights in Account. (ujj) Until the Securities Commodity Intermediary receives a notice from the Collateral Trustee certifying that an Event of Default (as defined in the security documents between the Collateral Trustee and the Grantor) has occurred and is continuing and stating that the Collateral Trustee will exercise exclusive control over the Account (a “

Appears in 3 contracts

Samples: Security Agreement (Consol Energy Inc), Security Agreement (Consol Energy Inc), Security Agreement (CNX Gas Corp)

Grantor’s Rights in Account. (ua) Until the Securities Commodity Intermediary receives a notice from the Collateral Trustee certifying that an Event of Default (as defined in the security documents between the Collateral Trustee and the Grantor) has occurred and is continuing and stating that the Collateral Trustee will exercise exclusive control over the Account (a “

Appears in 2 contracts

Samples: Security Agreement (CONSOL Energy Inc), Collateral Trust Agreement (Consol Energy Inc)

AutoNDA by SimpleDocs

Grantor’s Rights in Account. (uf) Until the Securities Intermediary receives a notice from the Collateral Trustee certifying that an Event of Default (as defined in the security documents between the Collateral Trustee and the Grantor) has occurred and is continuing and stating that the Collateral Trustee will exercise exclusive control over the Account (a “Notice of Exclusive Control” with respect to such Account), the Securities Intermediary will comply with Entitlement Orders originated by the Grantor without further consent by the Collateral Trustee.

Appears in 1 contract

Samples: Pledge Agreement

Grantor’s Rights in Account. (ua) Until the Securities Intermediary receives a notice from the Collateral Trustee certifying that an Event of Default (as defined in the security documents between the Collateral Trustee and the Grantor) has occurred and is continuing and stating that the Collateral Trustee will exercise exclusive control over the Account (a “

Appears in 1 contract

Samples: Collateral Trust Agreement (Consol Energy Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.