APPOINTMENT OF SECURITIES INTERMEDIARY Sample Clauses

APPOINTMENT OF SECURITIES INTERMEDIARY. Section 2. 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. The 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. 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. 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 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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Related to APPOINTMENT OF SECURITIES INTERMEDIARY

  • Successor Securities Intermediary Any successor Securities Intermediary shall be a bank or trust company, having capital and surplus of at least $50 million, located in the State of New York.

  • Appointment of Paying Agent Except as otherwise provided in Section 5.2, the Paying Agent shall make distributions to Certificateholders from the Certificate Distribution Account pursuant to Section 5.2 and shall report the amounts of such distributions to the Owner Trustee and the Servicer; provided, however, that no such reports shall be required so long as the Depositor is the sole Certificateholder. Any Paying Agent shall have the revocable power to withdraw funds from the Certificate Distribution Account for the purpose of making the distributions referred to above. The Owner Trustee may revoke such power and remove the Paying Agent if the Owner Trustee determines in its sole discretion that the Paying Agent shall have failed to perform its obligations under this Agreement in any material respect. The Paying Agent shall initially be BNY Mellon Trust of Delaware, and any co-paying agent chosen by BNY Mellon Trust of Delaware. BNY Mellon Trust of Delaware shall be permitted to resign as Paying Agent upon thirty (30) days’ written notice to the Owner Trustee. If BNY Mellon Trust of Delaware shall no longer be the Paying Agent, the Owner Trustee shall appoint a successor to act as Paying Agent (which shall be a bank or trust company). The Owner Trustee shall cause such successor Paying Agent or any additional Paying Agent appointed by the Owner Trustee to execute and deliver to the Owner Trustee an instrument in which such successor Paying Agent or additional Paying Agent shall agree with the Owner Trustee that as Paying Agent, such successor Paying Agent or additional Paying Agent shall hold all sums, if any, held by it for payment to the Certificateholders in trust for the benefit of the Certificateholders entitled thereto until such sums shall be paid to such Certificateholders. The Paying Agent shall return all unclaimed funds to the Owner Trustee and upon removal of a Paying Agent such Paying Agent shall also return all funds in its possession to the Owner Trustee. The provisions of Sections 6.3, 6.6, 6.7 and 6.9 shall apply to the Owner Trustee also in its role as Paying Agent or Certificate Registrar for so long as the Owner Trustee shall act as Paying Agent or Certificate Registrar and, to the extent applicable, to any other paying agent, certificate registrar or authenticating agent appointed hereunder. Any reference in this Agreement to the Paying Agent shall include any co-paying agent unless the context requires otherwise.

  • 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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