Common use of Establishment of Secured Accounts Clause in Contracts

Establishment of Secured Accounts. The Securities Intermediary acknowledges and agrees that, at the direction and on behalf of the Secured Party, it has established and is maintaining on its books and records, in the name of the Pledgor, (i) the securities account designated as the “Interest Collection Account” with account number 8▇▇▇▇▇▇▇, (ii) the securities account designated as the “Principal Collection Account” with account number 8▇▇▇▇▇▇▇, (iii) the securities account designated as the “Unfunded Exposure Account” with account number 8▇▇▇▇▇▇▇, (iv) the securities account designated as the “Payment Subaccount” with account number 8▇▇▇▇▇▇▇ and (v) the securities account designated as the “Collection Account” with account number 8▇▇▇▇▇▇▇ (such accounts, together with any sub-accounts, replacements thereof or substitutions therefor, the “Secured Accounts”).

Establishment of Secured Accounts. The Securities Intermediary acknowledges and agrees that, at the direction and on behalf of the Secured Party, it has established and is maintaining on its books and records, in the name of the Pledgor, (i) the securities account designated as the “Interest Collection Account” with account number 8▇▇▇▇▇▇▇▇, (ii) the securities account designated as the “Principal Collection Account” with account number 8▇▇▇▇▇▇▇▇ , (iii) the securities account designated as the “Unfunded Exposure Account” with account number 8▇▇▇▇▇▇▇▇ , (iv) the securities account designated as the “Payment Subaccount” with account number 8▇▇▇▇▇▇▇▇ and (v) the securities account designated as the “Collection Account” with account number 8▇▇▇▇▇▇▇▇ (such accounts, together with any sub-accounts, replacements thereof or substitutions therefor, the “Secured Accounts”).