Notice of Sole Control definition

Notice of Sole Control has the meaning set forth in Section 6.8(a) of the relevant Account Control Agreement.

Notice of Sole Control has the meaning assigned to such term in Section 9(a).

Notice of Sole Control shall have the meaning ascribed thereto in the Securities Account Control Agreement.

Examples of Notice of Sole Control in a sentence

• If at any time the Secured Party delivers to the Financial Institution a Notice of Sole Control in substantially the form set forth in Exhibit A hereto (a “Notice of Sole Control”), the Financial Institution agrees that after receipt of such notice, it will take all instructions with respect to the Collateral Accounts solely from the Secured Party and shall not comply with instructions or entitlement orders of any other person.

• Until such time as the Securities Intermediary receives a Notice of Sole Control pursuant to subsection (a) of this Section 8, the Debtor shall direct the Securities Intermediary with respect to the voting of any financial assets credited to the Securities Account.

• Until such time as the Securities Intermediary receives a Notice of Sole Control, the Pledgor, or an investment manager on behalf of the Pledgor, shall direct the Securities Intermediary with respect to the voting of any financial assets credited to any Designated Account.

• If at any time the Collateral Agent delivers to the Securities Intermediary a Notice of Sole Control in substantially the form set forth in Exhibit A hereto, the Securities Intermediary agrees that after receipt of such notice, it will take all instruction with respect to the Securities Account solely from the Collateral Agent.

• The Bank shall also comply with instructions directing the disposition of funds in each Designated Account originated by the Pledgor or its authorized representatives until such time as the Collateral Agent delivers a Notice of Sole Control pursuant to Section 8(i) hereof to the Bank.

More Definitions of Notice of Sole Control

Notice of Sole Control with respect to any Deposit Account or Investment Property subject to a Control Agreement, any notice which, upon receipt by any bank, other financial institution or securities intermediary party to such Control Agreement, shall grant the Collateral Agent exclusive dominion and control over such Deposit Account or Investment Property.

Notice of Sole Control means a notice of sole control over the Securities Account delivered by the Collateral Agent pursuant to the Account Control Agreement.

Notice of Sole Control has the meaning given to such term in the Security Trust Agreement.

Notice of Sole Control means a written notification from the Agent to the Intermediary in the form attached hereto as Exhibit A.

Notice of Sole Control means a Notice of Sole Control delivered by the Collateral Trustee to the Issuer in substantially the form set forth in Exhibit A hereto.

Notice of Sole Control has the meaning specified in Section 10.

Notice of Sole Control means a written notification from Lender to Intermediary that Lender, pursuant to a Default under the Credit Agreement with respect to the Secured Note, is entitled to direct Intermediary to cease complying with all instructions originated by Debtor or Debtor’s agents, or to exercise its rights under this Agreement, including the right to sell, collect, transfer or otherwise control the Collateral.