Common use of Noteholders Clause in Contracts

Noteholders. The Series 2012-1 Agent hereby agrees (i) to act as the securities intermediary (as defined in Section 8-102(a)(14) of the New York UCC) with respect to the Series 2012-1 Reserve Account; (ii) that its jurisdiction as securities intermediary is New York; (iii) that each item of property (whether investment property, financial asset, security, instrument or cash) credited to the Series 2012-1 Reserve Account shall be treated as a financial asset (as defined in Section 8-102(a)(9) of the New York UCC) and (iv) to comply with any entitlement order (as defined in Section 8-102(a)(8) of the New York UCC) issued by the Trustee.

Noteholders. The Series 20122014-1 Agent hereby agrees (i) to act as the securities intermediary (as defined in Section 8-102(a)(148‑102(a)(14) of the New York UCC) with respect to the Series 20122014-1 Reserve Distribution Account; (ii) that its jurisdiction as securities intermediary is New York; , (iii) that each item of property (whether investment property, financial asset, security, instrument or cash) credited to the Series 20122014-1 Reserve Distribution Account shall be treated as a financial asset (as defined in Section 8-102(a)(98‑102(a)(9) of the New York UCC) and (iv) to comply with any entitlement order (as defined in Section 8-102(a)(88‑102(a)(8) of the New York UCC) issued by the Trustee.

Noteholders. The Series 20122014-1 Agent hereby agrees (i) to act as the securities intermediary (as defined in Section 8-102(a)(148‑102(a)(14) of the New York UCC) with respect to the Series 20122014-1 Reserve Account; (ii) that its jurisdiction as securities intermediary is New York; (iii) that each item of property (whether investment property, financial asset, security, instrument or cash) credited to the Series 20122014-1 Reserve Account shall be treated as a financial asset (as defined in Section 8-102(a)(98‑102(a)(9) of the New York UCC) and (iv) to comply with any entitlement order (as defined in Section 8-102(a)(88‑102(a)(8) of the New York UCC) issued by the Trustee.

Noteholders. The Series 2012-1 Agent hereby agrees (i) to act as the securities intermediary (as defined in Section 8-102(a)(14) of the New York UCC) with respect to the Series 2012-1 Reserve Cash Collateral Account; (ii) that its jurisdiction as a securities intermediary is New York; , (iii) that each item of property (whether investment property, financial asset, security, instrument or cash) credited to the Series 2012-1 Reserve Cash Collateral Account shall be treated as a financial asset (as defined in Section 8-102(a)(9) of the New York UCC) and (iv) to comply with any entitlement order (as defined in Section 8-102(a)(8) of the New York UCC) issued by the Trustee.

Noteholders. The Series 2012-1 Agent hereby agrees (i) to act as the securities intermediary (as defined in Section 8-102(a)(14) of the New York UCC) with respect to the Series 2012-1 Reserve Distribution Account; (ii) that its jurisdiction as securities intermediary is New York; , (iii) that each item of property (whether investment property, financial asset, security, instrument or cash) credited to the Series 2012-1 Reserve Distribution Account shall be treated as a financial asset (as defined in Section 8-102(a)(9) of the New York UCC) and (iv) to comply with any entitlement order (as defined in Section 8-102(a)(8) of the New York UCC) issued by the Trustee.

Noteholders. The Series 20122014-1 Agent hereby agrees (i) to act as the securities intermediary (as defined in Section 8-102(a)(148‑102(a)(14) of the New York UCC) with respect to the Series 20122014-1 Reserve Cash Collateral Account; (ii) that its jurisdiction as a securities intermediary is New York; , (iii) that each item of property (whether investment property, financial asset, security, instrument or cash) credited to the Series 20122014-1 Reserve Cash Collateral Account shall be treated as a financial asset (as defined in Section 8-102(a)(98‑102(a)(9) of the New York UCC) and (iv) to comply with any entitlement order (as defined in Section 8-102(a)(88‑102(a)(8) of the New York UCC) issued by the Trustee.

Noteholders. The Series 20122016-1 Agent hereby agrees (i) to act as the securities intermediary (as defined in Section 8-102(a)(148‑102(a)(14) of the New York UCC) with respect to the Series 20122016-1 Reserve Cash Collateral Account; (ii) that its jurisdiction as a securities intermediary is New York; , (iii) that each item of property (whether investment property, financial asset, security, instrument or cash) credited to the Series 20122016-1 Reserve Cash Collateral Account shall be treated as a financial asset (as defined in Section 8-102(a)(98‑102(a)(9) of the New York UCC) and (iv) to comply with any entitlement order (as defined in Section 8-102(a)(88‑102(a)(8) of the New York UCC) issued by the Trustee.