Common use of Appointment and Qualifications of Depositaries Clause in Contracts

Appointment and Qualifications of Depositaries. The Corporation may, in a Supplemental Indenture, appoint a Depositary with respect to one or more series of Notes. The Depositary shall, by entering into a Depositary Agreement, designate to the Trustee its Principal Offices for the purposes of its functions as Depositary and, if applicable, Authenticating Agent and Note Registrar hereunder and signify its acceptance of the duties and obligations imposed upon it hereunder (including, if applicable, those of Authenticating Agent and Note Registrar) and under the Depositary Agreement, and under which the Depositary will agree, particularly:

Appointment and Qualifications of Depositaries. The ---------------------------------------------- Corporation may, in a Supplemental Indenture, appoint a Depositary with respect to one or more series of Notes. The Depositary shall, by entering into a Depositary Agreement, designate to the Trustee its Principal Offices for the purposes of its functions as Depositary and, if applicable, Authenticating Agent and Note Registrar hereunder and signify its acceptance of the duties and obligations imposed upon it hereunder (including, if applicable, those of Authenticating Agent and Note Registrar) and under the Depositary Agreement, and under which the Depositary will agree, particularly: