Common use of Creation of Accounts Clause in Contracts

Creation of Accounts. (i) The Liquidating Trustee, on behalf of the Beneficiaries, shall establish and maintain in the name of the Liquidating Trustee at an Eligible Institution a segregated trust account accessible only by the Liquidating Trustee (the "Collection Account") which shall be identified as the "Collection Account for the BFA Liquidation Trust" and shall bear a designation clearly indicating that the funds deposited therein are held on behalf of the Beneficiaries. (ii) The Liquidating Trustee, on behalf of the Beneficiaries, shall establish and maintain in the name of the Liquidating Trustee at an Eligible Institution a segregated trust account accessible only by the Liquidating Trustee (the "Litigation Account") which shall be identified as the "Litigation Account for the BFA Liquidation Trust" and shall bear a designation clearly indicating that the funds deposited therein are held on behalf of the Beneficiaries. (iii) The Liquidating Trustee, on behalf of the Beneficiaries, shall establish and maintain in the name of the Liquidating Trustee at an Eligible Institution a segregated trust account accessible only by the Liquidating Trustee (the "Trust/IRA Account") which shall be identified as the "Trust/IRA Account f▇▇ the BFA Liquidation Trust" and shall bear a designa▇▇▇n clearly indicating that the funds deposited therein are held on behalf of the Beneficiaries. (iv) The Liquidating Trustee, on behalf of the Beneficiaries, shall establish and maintain in the name of the Liquidating Trustee at an Eligible Institution a segregated trust account accessible only by the Liquidating Trustee (the "Distribution Reserve") which shall be identified as the "Distribution Reserve for the BFA Liquidation Trust" and shall bear a designation clearly indicating that the funds deposited therein are held on behalf of the Beneficiaries. (v) The Liquidating Trustee, on behalf of the Beneficiaries, shall establish and maintain in the name of the Liquidating Trustee at an Eligible Institution a segregated trust account accessible only by the Liquidating Trustee (the "Holding Account") which shall be identified as the "Holding Account for the BFA Liquidation Trust", shall bear a designation clearly indicating that the funds deposited therein are held on behalf of the Beneficiaries and shall be for the purpose of holding undeliverable distributions in accordance with Section 5.10.

Creation of Accounts. (i) The Liquidating Trustee, on behalf of the Beneficiaries, shall establish and maintain in the name of the Liquidating Trustee at an Eligible Institution a segregated trust account accessible only by the Liquidating Trustee (the "Collection Account") which shall be identified as the "Collection Account for the BFA Liquidation Trust" and shall bear a designation clearly indicating that the funds deposited therein are held on behalf of the Beneficiaries. (ii) The Liquidating Trustee, on behalf of the Beneficiaries, shall establish and maintain in the name of the Liquidating Trustee at an Eligible Institution a segregated trust account accessible only by the Liquidating Trustee (the "Litigation Account") which shall be identified as the "Litigation Account for the BFA Liquidation Trust" and shall bear a designation clearly indicating that the funds deposited therein are held on behalf of the Beneficiaries. (iii) The Liquidating Trustee, on behalf of the Beneficiaries, shall establish and maintain in the name of the Liquidating Trustee at an Eligible Institution a segregated trust account accessible only by the Liquidating Trustee (the "Trust/IRA Account") which shall be identified as the "Trust/IRA Account ffo▇ ▇▇ the he BFA Liquidation Trust" and shall bear a designadesignat▇▇▇n ▇ clearly indicating that the funds deposited therein are held on behalf of the Beneficiaries. (iv) The Liquidating Trustee, on behalf of the Beneficiaries, shall establish and maintain in the name of the Liquidating Trustee at an Eligible Institution a segregated trust account accessible only by the Liquidating Trustee (the "Distribution Reserve") which shall be identified as the "Distribution Reserve for the BFA Liquidation Trust" and shall bear a designation clearly indicating that the funds deposited therein are held on behalf of the Beneficiaries. (v) The Liquidating Trustee, on behalf of the Beneficiaries, shall establish and maintain in the name of the Liquidating Trustee at an Eligible Institution a segregated trust account accessible only by the Liquidating Trustee (the "Holding Account") which shall be identified as the "Holding Account for the BFA Liquidation Trust", shall bear a designation clearly indicating that the funds deposited therein are held on behalf of the Beneficiaries and shall be for the purpose of holding undeliverable distributions in accordance with Section 5.10.