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

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

Each Servicing Report shall constitute instructions by the Servicer (or after delivery of a Notice of Exclusive Control, the Administrative Agent) to the Collateral Agent to withdraw on the related Payment Date from the applicable Collection Account and pay or transfer amounts set forth in such report in the manner specified herein.
As of any date of determination, the Servicer (or, after delivery of a Notice of Exclusive Control, the Administrative Agent) may cause any amounts on deposit in the Unfunded Exposure Account that exceed (i) prior to the end of the Revolving Period, the aggregate of all Unfunded Exposure Equity Amounts and (ii) otherwise, the Aggregate Unfunded Exposure Amount, in each case, to be deposited into the Principal Collection Account as Principal Collections.
The Servicer shall instruct the Collateral Agent by delivery of the Servicing Report and, if the Servicer fails to do so, the Administrative Agent may instruct the Collateral Agent, to apply funds on deposit in the Controlled Accounts as described in this Section 2.04; provided that, at any time after delivery of a Notice of Exclusive Control, the Administrative Agent shall instruct the Collateral Agent to apply funds on deposit in the Controlled Accounts as described in this Section 2.04.

More Definitions of Notice of Exclusive Control

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

Notice of Exclusive Control means a notice delivered to and received by the Securities Intermediary by the Secured Party in accordance with Section 11(a) stating that the Secured Party is exercising exclusive control over the Secured Accounts.

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

Notice of Exclusive Control means a written notice given by Secured Party to Securities Intermediary that Secured Party is exercising sole and exclusive control of the Collateral.

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 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 “Notice of Exclusive Control” under and as defined in the Security and Pledge Agreement.