Common use of Initial Deposit of Notes Clause in Contracts

Initial Deposit of Notes. (a) Prior to or concurrently with the execution and delivery of this Agreement, the Property Trustee shall Transfer to the Securities Intermediary, for credit to the Collateral Account, Notes having an aggregate principal amount of Eight Hundred Fifty Million Dollars ($850,000,000). (b) The Collateral Agent shall, at any time or from time to time, at the written request of the Corporation, cause any or all securities or other property underlying any financial assets credited to the Collateral Account to be registered in the name of the Securities Intermediary, the Collateral Agent or their respective nominees; provided that unless any Event of Default (as defined in the Declaration) shall have occurred and be continuing, and in respect of which the Collateral Agent shall have received written notice from the Property Trustee or the Regular Trustees, the Collateral Agent agrees not to cause any Notes to be so re-registered.

Initial Deposit of Notes. (a) Prior to or concurrently with the execution and delivery of this Agreement, the Property Trustee shall Transfer to the Securities Intermediary, for credit to the Collateral Account, Notes having an aggregate principal amount of Eight Hundred Fifty Million Dollars ($850,000,000)1,750,100,000. (b) The Collateral Agent shall, at any time or from time to time, at the written request of the CorporationCompany, cause any or all securities or other property underlying any financial assets credited to the Collateral Account to be registered in the name of the Securities Intermediary, the Collateral Agent or their respective nominees; provided provided, however, that unless any Event of Default (as defined in the Declaration) shall have occurred and be continuing, and in respect of which the Collateral Agent shall have received written notice from the Property Trustee or the Regular Administrative Trustees, the Collateral Agent agrees not to cause any Notes to be so re-registered.

Initial Deposit of Notes. (a) Prior to or concurrently with the execution and delivery of this Agreement, the Property Trustee shall Transfer to the Securities Intermediary, for credit to the Collateral Account, Notes having an aggregate principal amount of Eight Hundred Fifty Million Dollars ($850,000,000)2,500,100,000. (b) The Collateral Agent shall, at any time or from time to time, at the written request of the CorporationCompany, cause any or all securities or other property underlying any financial assets credited to the Collateral Account to be registered in the name of the Securities Intermediary, the Collateral Agent or their respective nominees; provided provided, however, that unless any Event of Default (as defined in the Declaration) shall have occurred and be continuing, and in respect of which the Collateral Agent shall have received written notice from the Property Trustee or the Regular Administrative Trustees, the Collateral Agent agrees not to cause any Notes to be so re-registered.

Initial Deposit of Notes. (a) Prior to or concurrently with the execution and delivery of this Agreement, the Property Trustee shall Transfer to the Securities Intermediary, for credit to the Collateral Account, Notes having an aggregate principal amount of Eight Hundred Fifty Million Dollars ($850,000,000)1,251,000,000. (b) The Collateral Agent shall, at any time or from time to time, at the written request of the CorporationCompany, cause any or all securities or other property underlying any financial assets credited to the Collateral Account to be registered in the name of the Securities Intermediary, the Collateral Agent or their respective nominees; provided that unless any Event of Default (as defined in the DeclarationTrust Agreement) shall have occurred and be continuing, and in respect of which the Collateral Agent shall have received written notice from the Property Trustee or the Regular Administrative Trustees, the Collateral Agent agrees not to cause any Notes to be so re-registered.

Initial Deposit of Notes. (a) Prior to or concurrently with the execution and delivery of this Agreement, the Property Trustee shall Transfer to the Securities Intermediary, for credit to the Collateral Account, Notes having an aggregate principal amount of Eight Seven Hundred Fifty Million Dollars ($850,000,000700,000,000). (b) The Collateral Agent shall, at any time or from time to time, at the written request of the Corporation, cause any or all securities or other property underlying any financial assets credited to the Collateral Account to be registered in the name of the Securities Intermediary, the Collateral Agent or their respective nominees; provided that unless any Event of Default (as defined in the Declaration) shall have occurred and be continuing, and in respect of which the Collateral Agent shall have received written notice from the Property Trustee or the Regular Trustees, the Collateral Agent agrees not to cause any Notes to be so re-registered.

Initial Deposit of Notes. (a) Prior to or concurrently with the execution and delivery of this the Original Collateral Agreement, the Property Trustee shall Transfer Transfered to the Securities Intermediary, for credit to the Collateral Account, Notes having an aggregate principal amount of Eight Hundred Fifty Million Dollars ($850,000,000)1,251,000,000. (b) The Collateral Agent shall, at any time or from time to time, at the written request of the CorporationCompany, cause any or all securities or other property underlying any financial assets credited to the Collateral Account to be registered in the name of the Securities Intermediary, the Collateral Agent or their respective nominees; provided that unless any Event of Default (as defined in the DeclarationTrust Agreement) Amended and Restated Collateral Agreement shall have occurred and be continuing, and in respect of which the Collateral Agent shall have received written notice from the Property Trustee or the Regular Administrative Trustees, the Collateral Agent agrees not to cause any Notes to be so re-registered.

Initial Deposit of Notes. (a) Prior to or concurrently with the execution and delivery of this the Original Collateral Agreement, the Property Trustee shall Transfer Transfered to the Securities Intermediary, for credit to the Collateral Account, Notes having an aggregate principal amount of Eight Hundred Fifty Million Dollars ($850,000,000)1,251,000,000. (b) The Collateral Agent shall, at any time or from time to time, at the written request of the CorporationCompany, cause any or all securities or other property underlying any financial assets credited to the Collateral Account to be registered in the name of the Securities Intermediary, the Collateral Agent or their respective nominees; provided that unless any Event of Default (as defined in the DeclarationTrust Agreement) shall have occurred and be continuing, and in respect of which the Collateral Agent shall have received written notice from the Property Trustee or the Regular Administrative Trustees, the Collateral Agent agrees not to cause any Notes to be so re-registered.

Initial Deposit of Notes. (a) Prior to or concurrently with the execution and delivery of this Agreement, the Property Trustee shall Transfer to the Securities Intermediary, for credit to the Collateral Account, Notes having an aggregate principal amount of Eight Hundred Fifty Million Dollars ($850,000,000)500,100,000. (b) The Collateral Agent shall, at any time or from time to time, at the written request of the CorporationCompany, cause any or all securities or other property underlying any financial assets credited to the Collateral Account to be registered in the name of the Securities Intermediary, the Collateral Agent or their respective nominees; provided provided, however, that unless any Event of Default (as defined in the DeclarationTrust Agreement) shall have occurred and be continuing, and in respect of which the Collateral Agent shall have received written notice from the Property Trustee or the Regular Administrative Trustees, the Collateral Agent agrees not to cause any Notes to be so re-registered.