Control of Securities Accounts Sample Clauses

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Control of Securities Accounts. Notwithstanding anything to the contrary contained herein, the Trust agrees that each of the Collection Account, the Note Payment Account, the Certificate Payment Account and the Reserve Account will only be established at an Eligible Institution that agrees substantially as follows: (i) it will comply with “entitlement orders” (as defined in Section 8-102(a)(8) of the Relevant UCC) relating to such accounts issued by the Indenture Trustee without further consent by the Trust; (ii) until the termination of the Indenture, it will not enter into any other agreement relating to any such account pursuant to which it agrees to comply with entitlement orders of any Person other than the Indenture Trustee; and (iii) all assets delivered or credited to it in connection with such accounts and all investments thereof will be promptly credited to such accounts.
Control of Securities Accounts. Notwithstanding anything else contained herein, the Trust agrees that each of the Collection Account, the Pre-Funding Account, the Note Payment Account, the Reserve Account, the Negative Carry Account and the Yield Supplement Account will only be established at a Qualified Institution or Qualified Trust Institution that agrees substantially as follows: (i) it will comply with "entitlement orders" (as defined in Section 8-102(a)(8) of the Relevant UCC; i.e., orders directing the transfer or redemption of any financial asset) relating to such accounts issued by the Indenture Trustee without further consent by the Seller or the Trust; (ii) until the termination of the Indenture, it will not enter into any other agreement relating to any such account pursuant to which it agrees to comply with entitlement orders of any Person other than the Indenture Trustee; and (iii) all assets delivered or credited to it in connection with such accounts and all investments thereof will be promptly credited to such accounts.
Control of Securities Accounts. Notwithstanding anything else contained herein, the Trust agrees that each of the Collection Account, the Note Payment Account, the Reserve Account and the Yield Supplement Account will only be established at a Qualified Institution or Qualified Trust Institution that agrees substantially as follows: (i) it will comply with "entitlement orders" (as defined in Section 8-102(a)(8) of the UCC; i.e., orders directing the transfer or redemption of any financial asset) relating to such accounts issued by the Indenture Trustee without further consent by the Seller or the Trust; (ii) until the termination of the Indenture, it will not enter into any other agreement relating to any such account pursuant to which it agrees to comply with entitlement orders of any Person other than the Indenture Trustee; and (iii) all assets delivered or credited to it in connection with such accounts and all investments thereof will be promptly credited to such accounts.
Control of Securities Accounts. (1) Notwithstanding anything else contained herein, the Servicer, the Depositor and the Trust agrees that each of the Collection Account, the Note Payment Account and the Reserve Account will only be established at an Eligible Institution that agrees substantially as follows: (i) it will comply with "entitlement orders" (as defined in Section 8-102(a)(8) of the UCC) relating to such accounts issued by the Indenture Trustee without further consent by the Trust, the Servicer or the Depositor; (ii) until the termination of the Indenture, it will not enter into any other agreement relating to any such account pursuant to which it agrees to comply with entitlement orders of any Person other than the Indenture Trustee; (iii) all assets delivered or credited to it in connection with such accounts and all investments thereof will be promptly credited to such accounts; and (iv) that all property credited to such accounts are "financial assets" as defined in Section 8-102(9) of the Relevant UCC. (2) Notwithstanding anything else contained herein, the Servicer, the Depositor and the Trust agree that the Depositor Account will only be established at an Eligible Institution that agrees substantially as follows: (i) it will comply with "entitlement orders" (as defined in Section 8-102(a)(8) of the UCC) relating to such accounts issued by the Trust without further consent by the Depositor or the Servicer; (ii) until the termination of the Trust Agreement, it will not enter into any other agreement relating to any such account pursuant to which it agrees to comply with entitlement orders of any Person other than the Trust; (iii) all assets delivered or credited to it in connection with such accounts and all investments thereof will be promptly credited to such account; and (iv) that all property credited to such account are "financial assets" as defined in Section 8-102(9) of the Relevant UCC.
Control of Securities Accounts. 54 SECTION 4.11 PRE-FUNDING ACCOUNT........................................................................54 SECTION 4.12 NEGATIVE CARRY ACCOUNT.....................................................................55 ARTICLE V YIELD SUPPLEMENT LETTER OF CREDIT AND THE YIELD SUPPLEMENT ACCOUNT 55 SECTION 5.1 YIELD SUPPLEMENT LETTER OF CREDIT AND THE YIELD SUPPLEMENT ACCOUNT.........................55 ARTICLE VI THE SELLER 58 SECTION 6.1 REPRESENTATIONS, WARRANTIES AND COVENANTS OF SELLER........................................58 SECTION 6.2 LIABILITY OF SELLER; INDEMNITIES...........................................................59 SECTION 6.3 MERGER OR CONSOLIDATION OF, OR ASSUMPTION OF THE OBLIGATIONS OF, SELLER....................60 SECTION 6.4 LIMITATION ON LIABILITY OF SELLER AND OTHERS...............................................60 SECTION 6.5 SELLER MAY OWN NOTES OR CERTIFICATES.......................................................60 ARTICLE VII THE SERVICER 61
Control of Securities Accounts. 55 ARTICLE V THE SELLER SECTION 5.1 Representations, Warranties and Covenants of Seller.......................................... 56 SECTION 5.2 Liability of Seller; Indemnities............................................................. 58 SECTION 5.3 Merger or Consolidation of, or Assumption of the Obligations of, Seller....................................................................... 59 SECTION 5.4 Limitation on Liability of Seller and Others................................................. 60 SECTION 5.5 Seller May Own Notes or Certificates......................................................... 60 ARTICLE VI THE SERVICER SECTION 6.1 Representations and Warranties of Servicer................................................... 60 SECTION 6.2
Control of Securities Accounts. 78 ARTICLE V YIELD SUPPLEMENT LETTER OF CREDIT SECTION 5.1 Yield Supplement Letter of Credit and the Yield Supplement Account . . . . . . . . . . . . . . . . 79
Control of Securities Accounts. 12 2.5. Control of Deposit Account..................................................13 2.6. Issuer's Rights.............................................................14 2.7. Cash Equivalents............................................................14 2.8. Remedies....................................................................14 2.9. Waiver of Set-Off Rights....................................................15 2.10. Cooperation.................................................................15
Control of Securities Accounts. 65 SECTION 4.13 Pre-Funding and Reinvestment Period.......................................66 ARTICLE V
Control of Securities Accounts. 63 ARTICLE V