Operation of the Account. 6.1. Prior to the occurrence of a Declared Default which is continuing, the Accounts shall not be blocked and the Pledgor shall be authorised to freely manage and operate the Accounts (including but not limited to disposing of the Pledged Assets and opening and closing Accounts). The Pledgee shall not be entitled to operate the Accounts during this period.
Appears in 4 contracts
Samples: Account Pledge Agreement, Account Pledge Agreement, Account Pledge Agreement