No Adverse Interest. The Custodian has not entered into, and hereafter during the term of this Agreement shall not enter into, any agreement granting “Control” (within the meaning of Sections 8-106(d)(2), 9-104 and 9-106 of the NYUCC) with respect to the Custodial Account, the Interest Reserve Account or the Account Property to any Person, other than as set forth in this Agreement. The Custodian has a trust department which in the ordinary course of its business maintains security accounts for others and is acting in that capacity as Custodian under this Agreement.
Appears in 6 contracts
Samples: Guarantee and Security Agreement, Guarantee and Security Agreement, Custodial Agreement (Nuveen Mortgage Opportunity Term Fund 2)
