Common use of Creation of Accounts Clause in Contracts

Creation of Accounts. (a) The Depositary Bank hereby confirms that it has established the following special, segregated, and irrevocable cash collateral accounts in the name of the Party identified below (as further described in Exhibit A and including any subaccounts established thereunder, including each of those referenced on Exhibit A, the “Accounts”; all references to the Accounts shall mean any Account, the Account established with the Depositary Bank or all the Accounts, as the context may require) in the form of non- interest bearing accounts: (i) an account in the name of the Authority identified as the “XXXXX COUNTY STADIUM AUTHORITY DBA LAS VEGAS STADIUM AUTHORITY STADIUM AUTHORITY PSL CLEARING ACCT” (the “Clearing Account”); and (ii) an account in the name of the Authority identified as the “Authority PSL-Sourced Proceeds Account” (the “Authority PSL-Sourced Proceeds Account”). The Depositary Bank hereby confirms that it has established an account in the name of the Trust identified as the “Holding Account” (the “Holding Account”) pursuant to the Deposit and Disbursement Agreement. (b) Each Depositary Bank shall cause each Account to be, and each Account shall be, separate from all other accounts held by or under the control and dominion of such Depositary Bank. No Depositary Bank will change the name or account number of any Account from that set forth in Exhibit A without the prior written consent of the Collateral Agent, other than any changes of account numbers due to internal system changes (upon which such Depositary Bank shall provide prompt written notice thereof to the Collateral Agent). The Parties hereby authorize each Depositary Bank to open subaccounts within any of the Accounts, and such Depositary Bank shall open one or more subaccounts within any such Account if so directed by the Collateral Agent.

Creation of Accounts. (a) The Depositary Bank hereby confirms that it has established the following special, segregated, and irrevocable cash collateral accounts in the name of the Party identified below (as further described in Exhibit A and including any subaccounts established thereunder, including each of those referenced on Exhibit A, the “Accounts”; all references to the Accounts shall mean any Account, the Account established with the Depositary Bank or all the Accounts, as the context may require) in the form of non- non-interest bearing accounts: (i) an account in the name of the Authority [Trust]Authority identified as the “XXXXX COUNTY STADIUM AUTHORITY DBA LAS VEGAS STADIUM AUTHORITY STADIUM AUTHORITY PSL CLEARING ACCT[Holding]PSL Clearing Account” (the “Clearing [Holding]Clearing Account”); and (ii) an account in the name of the Authority identified as the “Authority PSL-Sourced Proceeds Account” (the “Authority PSL-Sourced Proceeds Account”). . (b) The [Parties hereto acknowledge and agree that (i) each Account is and shall be maintained as a “securities account” (as such term is defined in Section 8-501(a) of the UCC and the Hague Convention) with respect to all financial assets and financial entitlements in respect of which the applicable Depositary Bank is and shall be (x) a “securities intermediary” (within the meaning of Section 8-102(a)(14) of the UCC) and an “intermediary” (as defined in the Hague Convention) and (y) a “deposit account” with respect to Cash deposited into such Account, (ii) the Collateral Agent is the sole Entitlement Holder with respect to each Account (and all Security Entitlements and financial assets from time to time maintained or carried therein), (iii) no Depositary Bank has entered into any agreement (other than this Agreement) under which such Depositary Bank has agreed to comply with Entitlement Orders originated by any Person other than the Collateral Agent with respect to any Account or any cash, securities or other property deposited therein or credited thereto, and (iv) the Accounts shall be maintained at all times in accordance with Section 2.2(a) until the Termination Date.]Depositary Bank hereby confirms that it has established an account in the name of the Trust identified as the “Holding Account” (the “Holding Account”) pursuant to the Deposit and Disbursement Agreement. (b) Each Depositary Bank shall cause each Account to be, and each Account shall be, separate from all other accounts held by or under the control and dominion of such Depositary Bank. No Depositary Bank will change the name or account number of any Account from that set forth in Exhibit A without the prior written consent of the Collateral Agent, other than any changes of account numbers due to internal system changes (upon which such Depositary Bank shall provide prompt written notice thereof to the Collateral Agent). The Parties hereby authorize each Depositary Bank to open subaccounts within any of the Accounts, and such Depositary Bank shall open one or more subaccounts within any such Account if so directed by the Collateral Agent.

Creation of Accounts. (a) The Depositary Bank hereby confirms that it has established the following special, segregated, and irrevocable cash collateral accounts in the name of the Party identified below (as further described in Exhibit A and including any subaccounts established thereunder, including each of those referenced on Exhibit A, the “Accounts”; all references to the Accounts shall mean any Account, the Account established with the Depositary Bank or all the Accounts, as the context may require) in the form of non- interest bearing accounts: (i) an account in the name of the Authority identified as the “XXXXX COUNTY STADIUM AUTHORITY DBA LAS VEGAS STADIUM AUTHORITY STADIUM AUTHORITY PSL CLEARING ACCTClearing Account” (the “Clearing Account”); and (ii) an account in the name of the Authority identified as the “Authority PSL-Sourced Proceeds Account” (the “Authority PSL-Sourced Proceeds Account”). The Depositary Bank hereby confirms that it has established an account in the name of the Trust identified as the “Holding Account” (the “Holding Account”) pursuant to the Deposit and Disbursement Agreement. (b) Each Depositary Bank shall cause each Account to be, and each Account shall be, separate from all other accounts held by or under the control and dominion of such Depositary Bank. No Depositary Bank will change the name or account number of any Account from that set forth in Exhibit A without the prior written consent of the Collateral Agent, other than any changes of account numbers due to internal system changes (upon which such Depositary Bank shall provide prompt written notice thereof to the Collateral Agent). The Parties hereby authorize each Depositary Bank to open subaccounts within any of the Accounts, and such Depositary Bank shall open one or more subaccounts within any such Account if so directed by the Collateral Agent.

Creation of Accounts. (a) The Depositary Bank hereby confirms that it has established the following special, segregated, segregated and irrevocable cash collateral accounts in the name of the Party identified below (as further described in Exhibit A and including any subaccounts established thereunder, including each of those referenced on Exhibit A, the “Accounts”; all references to the Accounts shall mean any Account, the Account established with the Depositary Bank or all the Accounts, as the context may require) in the form of non- non-interest bearing accounts: (i) an account in the name of the Authority Trust identified as the “XXXXX COUNTY STADIUM AUTHORITY DBA LAS VEGAS STADIUM AUTHORITY STADIUM AUTHORITY PSL CLEARING ACCTHolding Account” (the “Clearing Holding Account”); and (ii) an account in the name of the Authority identified as the “Authority PSL-Sourced Proceeds Account” (the “Authority PSL-Sourced Proceeds Account”). The Depositary Bank hereby confirms that it has established an account in the name of the Trust identified as the “Holding Account” (the “Holding Account”) pursuant to the Deposit and Disbursement Agreement. (b) The Parties hereto acknowledge and agree that (i) each Account is and shall be maintained as a “securities account” (as such term is defined in Section 8-501(a) of the UCC and the Hague Convention) with respect to all financial assets and financial entitlements in respect of which the applicable Depositary Bank is and shall be (x) a “securities intermediary” (within the meaning of Section 8-102(a)(14) of the UCC) and an “intermediary” (as defined in the Hague Convention) and (y) a “deposit account” with respect to Cash deposited into such Account, (ii) the Collateral Agent is the sole Entitlement Holder with respect to each Account (and all Security Entitlements and financial assets from time to time maintained or carried therein), (iii) no Depositary Bank has entered into any agreement (other than this Agreement) under which such Depositary Bank has agreed to comply with Entitlement Orders originated by any Person other than the Collateral Agent with respect to any Account or any cash, securities or other property deposited therein or credited thereto and (iv) the Accounts shall be maintained at all times in accordance with Section 2.2(a) until the Termination Date. (c) Each Depositary Bank shall cause each Account to be, and each Account shall be, separate from all other accounts held by or under the control and dominion of such Depositary Bank; provided, however, for purposes of the foregoing it is understood that Security Entitlements and financial assets are held in a single, omnibus account at the Depository Trust Company (DTC) but are identified as held in the Accounts hereunder on the books and records of the Depository Bank. No Depositary Bank will change the name or account number of any Account from that set forth in Exhibit A without the prior written consent of the Collateral Agent, other than any changes of account numbers due to internal system changes (upon which such Depositary Bank shall provide prompt written notice thereof to the Collateral Agent). The Parties hereby authorize each Depositary Bank to open subaccounts within any of the Accounts, and such Depositary Bank shall open one or more subaccounts within any such Account if so directed by the Collateral Agent.

Creation of Accounts. (a) The Depositary Bank hereby confirms that it has established the following special, segregated, and irrevocable cash collateral accounts in the name of the Party identified below (as further described in Exhibit A and including any subaccounts established thereunder, including each of those referenced on Exhibit A, the “Accounts”; all references to the Accounts shall mean any Account, the Account established with the Depositary Bank or all the Accounts, as the context may require) in the form of non- interest bearing accounts: (i) an account in the name of the Authority Trust identified as the “XXXXX COUNTY STADIUM AUTHORITY DBA LAS VEGAS STADIUM AUTHORITY STADIUM AUTHORITY PSL CLEARING ACCTHolding Account” (the “Clearing Holding Account”); and (ii) an account in the name of the Authority identified as the “Authority PSL-Sourced Proceeds Account” (the “Authority PSL-Sourced Proceeds Account”). The Depositary Bank hereby confirms that it has established an account in the name of the Trust identified as the “Holding Account” (the “Holding Account”) pursuant to the Deposit and Disbursement Agreement. (b) The Parties hereto acknowledge and agree that (i) each Account is and shall be maintained as a “securities account” (as such term is defined in Section 8-501(a) of the UCC and the Hague Convention) with respect to all financial assets and financial entitlements in respect of which the applicable Depositary Bank is and shall be (x) a “securities intermediary” (within the meaning of Section 8-102(a)(14) of the UCC) and an “intermediary” (as defined in the Hague Convention) and (y) a “deposit account” with respect to Cash deposited into such Account, (ii) the Collateral Agent is the sole Entitlement Holder with respect to each Account (and all Security Entitlements and financial assets from time to time maintained or carried therein), (iii) no Depositary Bank has entered into any agreement (other than this Agreement) under which such Depositary Bank has agreed to comply with Entitlement Orders originated by any Person other than the Collateral Agent with respect to any Account or any cash, securities or other property deposited therein or credited thereto, and (iv) the Accounts shall be maintained at all times in accordance with Section 2.2(a) until the Termination Date. (c) Each Depositary Bank shall cause each Account to be, and each Account shall be, separate from all other accounts held by or under the control and dominion of such Depositary Bank; provided, however, for purposes of the foregoing it is understood that Security Entitlements and financial assets are held in a single, omnibus account at the Depository Trust Company (DTC) but are identified as held in the Accounts hereunder on the books and records of the Depository Bank. No Depositary Bank will change the name or account number of any Account from that set forth in Exhibit A without the prior written consent of the Collateral Agent, other than any changes of account numbers due to internal system changes (upon which such Depositary Bank shall provide prompt written notice thereof to the Collateral Agent). The Parties hereby authorize each Depositary Bank to open subaccounts within any of the Accounts, and such Depositary Bank shall open one or more subaccounts within any such Account if so directed by the Collateral Agent.