ESTABLISHMENT OF THE NOTE ACCOUNTS; AND LIEN AND SECURITY INTEREST; ETC. (a) The Security Agent hereby confirms that it has established securities accounts entitled the "SECURITY AGENT'S ACCOUNT" (the "SECURITY AGENT'S ACCOUNT") and "LESSOR NOTES PAYMENT ACCOUNT" (the "LESSOR NOTES PAYMENT ACCOUNT", collectively with the Security Agent's Accounts, the "NOTE ACCOUNTS") which Note Accounts shall be maintained by the Account Bank until the date this Lease Indenture is terminated pursuant to Section 12.1 hereof. The account number of the Note Accounts established hereunder is specified in Schedule III hereto. The Note Accounts shall not be evidenced by passbooks or similar writings.
Appears in 3 contracts
Samples: Indenture of Trust and Security Agreement (Eme Homer City Generation Lp), Indenture of Trust and Security Agreement (Eme Homer City Generation Lp), Indenture of Trust and Security Agreement (Eme Homer City Generation Lp)
ESTABLISHMENT OF THE NOTE ACCOUNTS; AND LIEN AND SECURITY INTEREST; ETC. (a) The Security Agent hereby confirms that it has established securities accounts entitled the "SECURITY AGENT'S ACCOUNTSecurity Agent's Account" (the "SECURITY AGENT'S ACCOUNTSecurity Agent's Account") and "LESSOR NOTES PAYMENT ACCOUNTLessor Notes Payment Account" (the "LESSOR NOTES PAYMENT ACCOUNTLessor Notes Payment Account", collectively with the Security Agent's Accounts, the "NOTE ACCOUNTSNote Accounts") which Note Accounts shall be maintained by the Account Bank until the date this Lease Indenture is terminated pursuant to Section 12.1 hereof. The account number of the Note Accounts established hereunder is specified in Schedule III hereto. The Note Accounts shall not be evidenced by passbooks or similar writings.
Appears in 1 contract
Samples: Trust and Security Agreement (Eme Homer City Generation Lp)
ESTABLISHMENT OF THE NOTE ACCOUNTS; AND LIEN AND SECURITY INTEREST; ETC. (a) The Security Agent hereby confirms that it has established securities accounts entitled the "SECURITY AGENT'S ACCOUNT" (the "SECURITY AGENT'S ACCOUNT") and "LESSOR NOTES PAYMENT ACCOUNT" (the "LESSOR NOTES PAYMENT ACCOUNT", collectively with the Security Agent's Accounts, the "NOTE ACCOUNTS") which Note Accounts shall be maintained by the Account Bank until the date this Lease Indenture is terminated pursuant to Section 12.1 hereof. The account number of the Note Accounts established hereunder is specified in Schedule III II hereto. The Note Accounts shall not be evidenced by passbooks or similar writings.
Appears in 1 contract
Samples: Eme Homer City Generation Lp