Common use of Depository Participant Clause in Contracts

Depository Participant. A broker, dealer, bank or other financial institution or other Person for whom from time to time the Depository effects book-entry transfers and pledges of securities deposited with the Depository.

Appears in 15 contracts

Sources: Sale and Servicing Agreement (Indymac MBS Inc), Sale and Servicing Agreement (Household Mortgage Loan Trust 2003-Hc2), Pooling and Servicing Agreement (ChaseFlex Trust Series 2007-M1)