APPOINTMENT OF SECURITIES INTERMEDIARY Sample Clauses

APPOINTMENT OF SECURITIES INTERMEDIARY. Each of the Pledgor and the Secured Party hereby appoints the Securities Intermediary as securities intermediary hereunder. The Securities Intermediary hereby accepts such appointment.
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APPOINTMENT OF SECURITIES INTERMEDIARY. Pledgor and Secured Party hereby appoint Deutsche Bank Trust Company Americas as Securities Intermediary in accordance with the terms and conditions set forth herein, and the Securities Intermediary hereby accepts such appointment.
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APPOINTMENT OF SECURITIES INTERMEDIARY. Section 2 Each of the Debtor and the Secured Party hereby appoints the Securities Intermediary as securities intermediary hereunder. The Securities Intermediary hereby accepts such appointment.
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APPOINTMENT OF SECURITIES INTERMEDIARY. Securities Intermediary shall maintain a collateral security account for the securities and other assets of Borrower entitled "Special Custody Account for Custodial Trust Company as Pledgee of Boulder Growth & Income Fund, Inc." (the "Pledge Account"), and Securities Intermediary shall credit thereto and maintain therein all such securities and other assets acceptable to it as it may receive for the Pledge Account in accordance with Section 6(b) or Section 6(c) below; provided, however, that Securities Intermediary shall neither accept for the Pledge Account, nor credit to and maintain in the Pledge Account, any securities in physical form, unless registered in the name of the Securities Intermediary or its nominee..
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APPOINTMENT OF SECURITIES INTERMEDIARY. The Borrower hereby appoints the Securities Intermediary to act as securities intermediary under this Agreement. The Securities Intermediary hereby accepts such appointment and agrees to abide by the terms and conditions of the Loan and Security Agreement as it relates to the Securities Intermediary. The Securities Intermediary shall hold all Certificated Securities and Instruments in physical form received by it at the office of U.S. Bank National Association, 000 X. XxXxxxx Street, 8th Floor, Chicago, Illinois 60603 (for any items which are promissory notes or other evidence representing a loan obligation, at 0000 Xxxx Xxx, Florence, South Carolina 29501). All Certificated Securities and Instruments will be credited to an Account (as defined in Section 3(a) hereof).
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APPOINTMENT OF SECURITIES INTERMEDIARY. The Parent, the Pledgor and -------------------------------------- the Trustee hereby appoint the Securities Intermediary, and the Securities Intermediary hereby accepts such appointment, as securities intermediary, under the terms and conditions of this Pledge Agreement.
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APPOINTMENT OF SECURITIES INTERMEDIARY. The Pledgee shall have the right to appoint a Securities Intermediary (if applicable) for the purpose of retaining physical possession of the Collateral.
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APPOINTMENT OF SECURITIES INTERMEDIARY. Each of Pledgor and the Indenture Trustee hereby appoints the Securities Intermediary under this Agreement and the Securities Intermediary agrees to perform the duties of Securities Intermediary as hereinafter specified. The Securities Intermediary is not a party to or bound by any agreement which may be evidenced by or arise out of the instructions in this Agreement contained, except as to its duties as Securities Intermediary hereby expressly undertaken. The Securities Intermediary is not responsible or liable in any manner for the sufficiency, correctness, genuineness or validity of any securities or instrument deposited into the Securities Account with it hereunder, or with respect to the form or execution of the same, or the identity, authority, or right of any person executing or depositing the same, or with respect to the legality of the sale of the Pledged Shares, or any such securities or instrument by or for the Pledgor, or the proprietary of the amount for which the same may be sold.
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Related to APPOINTMENT OF SECURITIES INTERMEDIARY

  • Appointment of Separate Trustee or Co Trustee (a) Notwithstanding any other provision of this Agreement, for the purpose of meeting any legal requirements of any jurisdiction in which any part of the Trust Property or any Financed Vehicle may be located, the Administrator and the Owner Trustee acting jointly will have the power and will execute and deliver all instruments to appoint one or more Persons approved by the Owner Trustee to act as a separate trustee or as separate trustees, or as co-trustee, jointly with the Owner Trustee, of all or any part of the Issuer, and to vest in such Person, in such capacity, such title to the Trust Property, or any part thereof, and, subject to this Section 9.5, such powers, duties, obligations, rights and trusts as the Administrator and the Owner Trustee consider necessary or desirable. If the Administrator has not joined in such appointment within 15 Business Days of its receipt of a request so to do, the Owner Trustee will have the power to make such appointment. No separate trustee or co-trustee under this Agreement will be required to meet the terms of eligibility as a successor trustee pursuant to Section 9.1 and no notice of the appointment of any separate trustee or co-trustee is required. (b) Each separate trustee and co-trustee will, to the extent permitted by law, be appointed and act subject to the following: (i) all rights, powers, duties, and obligations conferred or imposed upon the Owner Trustee will be conferred upon and exercised or performed by the Owner Trustee and such separate trustee or co-trustee jointly (it being understood that such separate trustee or co-trustee is not authorized to act separately without the Owner Trustee joining in such act), except to the extent that under any law of any jurisdiction in which any particular act or acts are to be performed, the Owner Trustee is incompetent or unqualified to perform such act or acts, in which event such rights, powers, duties, and obligations (including the holding of title to the Trust Property or any portion thereof in any such jurisdiction) may be exercised and performed singly by such separate trustee or co-trustee, but solely at the direction of the Owner Trustee; (ii) no trustee under this Agreement will be personally liable by reason of any act or omission of any other trustee under this Agreement; and (iii) the Administrator and the Owner Trustee acting jointly may accept the resignation of or remove any separate trustee or co-trustee. (c) Any notice, request or other writing given to the Owner Trustee will be deemed to have been given to each of the then separate trustees and co-trustees, as effectively as if given to each of them. Every instrument appointing any separate trustee or co-trustee must refer to this Agreement and the conditions of this Article IX. Each separate trustee and co-trustee, upon its acceptance of the trusts conferred, will be vested with the estates or property specified in its instrument of appointment, either jointly with the Owner Trustee or separately, as may be provided in such instrument, subject to this Agreement. The Owner Trustee will keep a copy of each such instrument in its files and will deliver a copy of each such instrument to the Administrator. (d) Any separate trustee or co-trustee may appoint the Owner Trustee as its agent or attorney-in-fact with full power and authority, to the extent not prohibited by law, to do any lawful act under or in respect of this Agreement on its behalf and in its name. If any separate trustee or co-trustee dies, becomes incapable of acting, resigns or is removed, all of its estates, properties, rights, remedies and trusts will vest in and be exercised by the Owner Trustee, to the extent permitted by law, without the appointment of a new or successor trustee.

  • Appointment of Custodian On behalf of each of its Portfolios, each Fund hereby employs and appoints the Custodian as a custodian, subject to the terms and provisions of this Agreement. Each Fund shall deliver to the Custodian, or shall cause to be delivered to the Custodian, cash, securities and other assets owned by each of its Portfolios from time to time during the term of this Agreement and shall specify to which of its Portfolios such cash, securities and other assets are to be specifically allocated.

  • Appointment of Depositary The Company hereby appoints the Depositary as depositary for the Deposited Property and hereby authorizes and directs the Depositary to act in accordance with the terms and conditions set forth in the Deposit Agreement and the applicable ADRs. Each Holder and each Beneficial Owner, upon acceptance of any ADSs (or any interest therein) issued in accordance with the terms and conditions of the Deposit Agreement shall be deemed for all purposes to (a) be a party to and bound by the terms of the Deposit Agreement and the applicable ADR(s), and (b) appoint the Depositary its attorney-in-fact, with full power to delegate, to act on its behalf and to take any and all actions contemplated in the Deposit Agreement and the applicable ADR(s), to adopt any and all procedures necessary to comply with applicable law and to take such action as the Depositary in its sole discretion may deem necessary or appropriate to carry out the purposes of the Deposit Agreement and the applicable ADR(s), the taking of such actions to be the conclusive determinant of the necessity and appropriateness thereof.

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