Common use of Securities Accounts and Deposit Accounts Clause in Contracts

Securities Accounts and Deposit Accounts. Set forth on Schedule B hereto is a description of each Securities Account, Commodities Account and Deposit Account of each of (a) Global Marine Systems Limited and its Subsidiaries and (b) Global Crossing Intermediate UK Holdings Ltd. and its subsidiaries including, in each case, (i) the name of the financial institution, (ii) the type of account, and (iii) the account number. Each of the undersigned is of the opinion that the condition set forth in clause (h) of Exhibit F has been complied with in the delivery of this Certificate and each hereby acknowledges and agrees that the Trustee is relying on the representations and warranties made herein in connection with its execution of the Indenture.