Appointment; Identification of Collateral. (a) Secured Party and Pledgor each hereby appoints Securities Intermediary to perform its duties as hereinafter set forth and authorizes Securities Intermediary to hold Collateral in the Account in registered form in its name or the name of its nominees. Parties agree that all financial assets (except cash) in the Account will be registered in the name of the Securities Intermediary or the name of its nominees and no financial asset in the account will be registered in the name of the Pledgor, payable to the order of the Pledgor or specially indorsed to the Pledgor unless such financial asset has been further indorsed to the Securities Intermediary or in blank. Securities Intermediary hereby accepts such appointment and agrees to establish and maintain the Account and appropriate records identifying the Collateral in the Account as pledged by Pledgor to Secured Party. Pledgor hereby authorizes Securities Intermediary to comply with all Oral and Written Instructions, including entitlement orders, originated by Secured Party with respect to the Collateral without further consent or direction from Pledgor or any other party. The parties hereby agree that the Account is and will remain a securities account as defined in Section 8-501 of the UCC and the Secured Party is an entitlement holder with respect to the Account.
Appointment; Identification of Collateral. Secured Party and Pledgor each hereby appoints Securities Intermediary to perform its duties as hereinafter set forth and authorizes Securities Intermediary to hold Collateral in the Account in registered form in its name or the name of its nominees. Securities Intermediary hereby accepts such appointment and agrees to establish and maintain the Account and appropriate records identifying the Collateral in the Account as pledged by Pledgor to Secured Party. [I.[Upon receipt of a Notice of Exclusive Control, ]] Pledgor hereby authorizes Securities Intermediary to comply with all Oral and Written Instructions, including entitlement orders, originated by Secured Party [II.[or Pledgor]] [III.[and Pledgor]] with respect to the transfer of Collateral from the Account without further consent or direction from Pledgor or any other party.
Appointment; Identification of Collateral. (a) Secured Party and Pledgor each hereby appoints Securities Intermediary to perform its duties as hereinafter set forth and authorizes Securities Intermediary to hold Collateral in the Account in registered form in its name or the name of its nominees. Securities Intermediary hereby accepts such appointment and agrees to establish and maintain the Account and appropriate records identifying the Collateral in the Account as pledged by Pledgor to Secured Party. Pledgor hereby authorizes Securities Intermediary to comply with all Oral and Written Instructions, including entitlement orders and other instructions, originated by Secured Party with respect to the Collateral without further consent or direction from Pledgor or any other party.
Appointment; Identification of Collateral. Secured Party hereby appoints Custodian as custodian of all Collateral at any time delivered to Custodian in the United States for deposit in the Collateral Accounts during the term of this Agreement, and authorizes Custodian to hold Collateral in the Collateral Accounts in the name of Secured Party. No financial asset in the Collateral Accounts will be registered in the name of other Person unless such financial asset has been further indorsed to Secured Party or in blank. Custodian hereby accepts such appointment and agrees to establish and maintain the Collateral Accounts and appropriate records identifying the Collateral in the Collateral Accounts as pledged to Secured Party. The parties hereto agree that the Collateral Accounts are and will remain securities accounts as defined in Section 8-501 of the UCC and Secured Party is an entitlement holder with respect to the Collateral Accounts.
Appointment; Identification of Collateral. The Administrative Agent and Pledgor each hereby appoints Securities Intermediary to perform its duties as hereinafter set forth and authorizes Securities Intermediary to hold Collateral in the Account in registered form in its name or the name of its nominees. Securities Intermediary hereby accepts such appointment and agrees to establish and maintain the Account and appropriate records identifying the Collateral in the Account as pledged by Pledgor to the Administrative Agent for the ratable benefit of the Secured Parties. Pledgor hereby authorizes Securities Intermediary, and Securities Intermediary agrees, to comply with all Written Instructions, including entitlement orders, originated by the Administrative Agent with respect to the Collateral without further consent or direction from Pledgor or any other party.
Appointment; Identification of Collateral. (a) Secured Party and Pledgor each hereby appoints Securities Intermediary to perform its duties as hereinafter set forth and authorizes Securities Intermediary to hold Collateral in the Account in registered form in its name or the name of its nominees. Securities Intermediary hereby accepts such appointment and agrees to establish and maintain the Account and appropriate records identifying the Collateral in the Account as pledged by Pledgor to Secured Party. Pledgor hereby authorizes Securities Intermediary, upon receipt by Securities Intermediary of a Notice of Exclusive Control from Secured Party, to comply with all Written Instructions, including entitlement orders, originated by Secured Party with respect to the Collateral without further consent or direction from Pledgor or any other party.
Appointment; Identification of Collateral. Company hereby appoints Custodian as custodian of all Collateral at any time delivered to Custodian in the United States for deposit in the Collateral Accounts during the term of this Agreement, and authorizes Custodian to hold Collateral in the Collateral Accounts in the name of Company. No financial asset in the Collateral Accounts will be registered in the name of any other Person unless such financial asset has been further indorsed to Company or in blank. Custodian hereby accepts such appointment and agrees to establish and maintain the Collateral Accounts and appropriate records identifying the Collateral in the Borrower Collateral Accounts as pledged to TALF Secured Party and the Collateral held in the Collateral Accounts as pledged to FRBNY Secured Party. The parties hereto agree that the Collateral Accounts are and will remain securities accounts as defined in Section 8- 501 of the UCC and within the meaning of the Hague Securities Convention and Company is an entitlement holder with respect to the Collateral Accounts.
Appointment; Identification of Collateral. Administrative Agent and Pledgor each hereby appoints Custodian to perform its duties as hereinafter set forth and authorizes Custodian to hold the Collateral in the Account in registered form in its name or the name of its nominees. Custodian hereby accepts such appointment and agrees to establish and maintain the Account and appropriate records identifying the Collateral in the Account as pledged by Pledgor to Administrative Agent for the ratable benefit of the Secured Parties. Pledgor hereby authorizes Custodian, and Custodian agrees, to comply with all Written Instructions, including entitlement orders, originated by Administrative Agent with respect to the Collateral without further consent or direction from Pledgor or any other party.
