Common use of o Bank Clause in Contracts

o Bank. The Transferee (a) is a national bank or a banking institution organized under the laws of any state, U.S. territory, or the District of Columbia, the business of which is substantially confined to banking and is supervised by the state or territorial banking commission or similar official or is a foreign bank or equivalent institution, and (b) has an audited net worth of at least $25,000,000 as demonstrated in its latest annual financial statements, a copy of which is attached, as of a date not more than 16 months preceding the date of sale of the Certificates in the case of a U.S. bank, and not more than 18 months preceding such date of sale for a foreign bank or equivalent institution.

o Bank. The Transferee (a) is a national bank or a banking institution organized under the laws of any stateState, U.S. territory, territory or the District of Columbia, the business of which is substantially confined to banking and is supervised by the state State or territorial banking commission or similar official or is a foreign bank or equivalent institution, and (b) has an audited net worth of at least $25,000,000 as demonstrated in its latest annual financial statements, a copy of which is attachedattached hereto, as of a date not more than 16 months preceding the date of sale of the Certificates Certificate in the case of a U.S. bank, and not more than 18 months preceding such date of sale for a foreign bank or equivalent institution.

o Bank. The Transferee (a) is a national bank or a banking institution organized under the laws of any stateState, U.S. territory, territory or the District of Columbia, the business of which is substantially confined to banking banking, and is supervised by the state State or territorial banking commission or similar official or is a foreign bank or equivalent institution, and (b) has an audited net worth of at least $25,000,000 as demonstrated in its latest annual financial statements, a copy of which is attachedattached hereto, as of a date not more than 16 months preceding the date of sale of the Certificates Note in the case of a U.S. bank, and not more than 18 months preceding such date of sale for a foreign bank or equivalent institution.

o Bank. The Transferee (a) is a national bank or a banking institution organized under the laws of any stateState, U.S. territory, territory or the District of Columbia, the business of which is substantially confined to banking and is supervised by the state State or territorial banking commission or similar official or is a foreign bank or equivalent institution, and (b) has an audited net worth of at least $25,000,000 as demonstrated in its latest annual financial statements, a copy of which is attachedattached hereto, as of a date not more than 16 months preceding the date of sale of the Certificates Note in the case of a U.S. bank, and not more than 18 months preceding such date of sale for a foreign bank or equivalent institution.

o Bank. The Transferee (a) is a national bank or a banking institution organized under the laws of any stateState, U.S. territory, territory or the District of Columbia, the business of which is substantially confined to banking and is supervised by the state State or territorial banking commission or similar official or is a foreign bank or equivalent institution, and (b) has an audited net worth of at least $25,000,000 as demonstrated in its latest annual financial statements, a copy of which is attachedattached hereto, as of a date not more than 16 months preceding the date of sale of the Certificates Bond in the case of a U.S. bank, and not more than 18 months preceding such date of sale for a foreign bank or equivalent institution.

o Bank. The Transferee (a) is a national bank or a banking institution organized under the laws of any state, U.S. territory, territory or the District of Columbia, the business of which is substantially confined to banking and is supervised by the state or territorial banking commission or similar official or is a foreign bank or equivalent institution, and (b) has an audited net worth of at least $25,000,000 as demonstrated in its latest annual financial statements, a copy of which is attachedattached hereto, as of a date not more than 16 months preceding the date of sale of the Certificates Owner Trust Certificate in the case of a U.S. bank, and not more than 18 months preceding such date of sale for a foreign bank or equivalent institution.