Common use of Substitutions Clause in Contracts

Substitutions. Whenever a Holder has the right to substitute Treasury Securities or Notes underlying Applicable Ownership Interests in Notes, as the case may be, or security entitlements for any of them, for financial assets held in the Collateral Account, such substitution shall not constitute a novation of the security interest created hereby.

Substitutions. Whenever a Holder has the right to substitute Treasury Securities Securities, Debentures or Notes underlying the Applicable Ownership Interests Interest in Notesthe Treasury Portfolio, as the case may be, or security entitlements for any of them, for financial assets Collateral held in by the Collateral AccountAgent, such substitution shall not constitute a novation of the security interest created hereby.

Substitutions. Whenever a Holder has the right to substitute Treasury Securities Securities, Notes, or Notes underlying Applicable Ownership Interests in NotesTreasury Consideration, as the case may be, or security entitlements for any of them, for financial assets Collateral held in by the Collateral AccountAgent, such substitution shall not constitute a novation of the security interest created hereby.

Substitutions. Whenever a Holder has the right to substitute Treasury Securities Securities, Senior Notes or Notes underlying security entitlements for any of them or the appropriate Applicable Ownership Interests Interest (as defined in Notesclause (i) of the definition of such term) in the Treasury Portfolio, as the case may be, or security entitlements for any of them, for financial assets held in the Collateral Account, such substitution shall not constitute a novation of the security interest created hereby.

Substitutions. Whenever a Holder has the right to substitute Treasury Securities, Preferred Securities or Notes underlying the appropriate Applicable Ownership Interests in NotesInterest of the Treasury Portfolio, as the case may be, or security entitlements for any of them, for financial assets Collateral held in by the Collateral AccountAgent, such substitution shall not constitute a novation of the security interest created hereby.

Substitutions. Whenever a Holder has the right to substitute Treasury Securities or Securities, Senior Notes underlying Applicable Ownership Interests in Notes, as the case may be, or security entitlements for any to either of them, them for financial assets held in the Collateral Account, such substitution shall not constitute a novation of the security interest created hereby.

Substitutions. Whenever a Holder has the right to substitute Treasury Securities Securities, Notes or Notes underlying the appropriate Applicable Ownership Interests in NotesInterest of the Treasury Portfolio, as the case may be, or security entitlements for any of them, for financial assets Collateral held in by the Collateral AccountAgent, such substitution shall not constitute a novation of the security interest created hereby.

Substitutions. Whenever a Holder has the right to substitute Treasury Securities or Securities, [Preferred Securities] Notes underlying [the appropriate Applicable Ownership Interests Interest in Notesthe Treasury Portfolio, as the case may be, ,] or security securities entitlements for to any of them, for financial assets held in the Collateral Account, such substitution shall not constitute a novation of the security interest created hereby.

Substitutions. Whenever a Holder has the right to substitute Treasury Securities Securities, Senior Notes or Notes underlying security entitlements for any of them or the appropriate Applicable Ownership Interests (as defined in Notesclause (i) of the definition of such term) in the Treasury Portfolio, as the case may be, or security entitlements for any of them, for financial assets held in the Collateral Account, such substitution shall not constitute a novation of the security interest created hereby.

Substitutions. Whenever a Holder has the right to substitute Treasury Securities, Debt Securities or Notes underlying the appropriate Applicable Ownership Interests Interest in Notesthe Treasury Portfolio, as the case may be, or security entitlements for any of them, for financial assets Collateral held in by the Collateral AccountAgent, such substitution shall not constitute a novation of the security interest created hereby.

Substitutions. Whenever a Holder has the right to substitute Treasury Securities, Debt Securities or Notes underlying the appropriate Applicable Ownership Interests Interest in Notesa Treasury Portfolio, as the case may be, or security entitlements for any of them, for financial assets Collateral held in by the Collateral AccountAgent, such substitution shall not constitute a novation of the security interest created hereby.

Substitutions. Whenever a Holder has the right to substitute Treasury Securities Securities, Notes, Treasury Consideration or Notes underlying the appropriate Applicable Ownership Interests Interest in Notesthe Treasury Portfolio, as the case may be, or security entitlements for any of them, for financial assets Collateral held in by the Collateral AccountAgent, such substitution shall not constitute a novation of the security interest created hereby.

Substitutions. Whenever a Holder has the right to substitute Treasury Securities Securities, Notes, Treasury Consideration or Notes underlying the appropriate Applicable Ownership Interests in NotesInterest of the Treasury Portfolio, as the case may be, or security entitlements for any of them, for financial assets Collateral held in by the Collateral AccountAgent, such substitution shall not constitute a novation of the security interest created hereby.

Substitutions. Whenever a Holder has the right to substitute Treasury Securities, Capital Securities or Notes underlying the appropriate Applicable Ownership Interests in NotesInterest of the Treasury Portfolio, as the case may be, or security entitlements for any of them, for financial assets Collateral held in by the Collateral AccountAgent, such substitution shall not constitute a novation of the security interest created hereby.

Substitutions. Whenever a Holder has the right to substitute Treasury Securities or Securities, Notes underlying Applicable Ownership Interests in NotesNotes or the Applicable Ownership Interests in the Treasury Portfolio (as defined in clause (i) of the definition of such term), as the case may be, or security entitlements for any of them, them for financial assets held in the Collateral Account, such substitution shall not constitute a novation of the security interest created hereby.

Substitutions. Whenever a Holder has the right to substitute Treasury Securities or Notes underlying Applicable Ownership Interests in Notes, as the case may be, or security entitlements for any of them, them for financial assets held in the Collateral Account, such substitution shall not constitute a novation of the security interest created hereby.

Substitutions. Whenever a Holder has the right to substitute Treasury Securities Securities, Notes or Notes underlying security entitlements for any of them or the appropriate Applicable Ownership Interests in Notesof the Treasury Portfolio, as the case may be, or security entitlements for any of them, for financial assets held in the Collateral Account, such substitution shall not constitute a novation of the security interest created hereby.

Substitutions. Whenever a Holder has the right to substitute Treasury Securities, Capital Securities or Notes underlying Applicable Ownership Interests in NotesTreasury Consideration, as the case may be, or security entitlements for any of them, for financial assets Collateral held in by the Collateral AccountAgent, such substitution shall not constitute a novation of the security interest created hereby.

Substitutions. Whenever a Holder has the right to substitute Treasury Securities Securities, Notes or Notes underlying security entitlements for any of them or the appropriate Applicable Ownership Interests (as defined in Notesclause (i) of the definition of such term) in the Treasury Portfolio, as the case may be, or security entitlements for any of them, for financial assets held in the Collateral Account, such substitution shall not constitute a novation of the security interest created hereby.

Substitutions. Whenever a Holder has the right to substitute Treasury Securities Securities, Notes [or Notes underlying the appropriate Applicable Ownership Interests Interest in Notesthe Treasury Portfolio, as the case may be, ,] or security securities entitlements for to any of them, for financial assets held in the Collateral Account, such substitution shall not constitute a novation of the security interest created hereby.

Substitutions. Whenever a Holder has the right to substitute Treasury Securities or Securities, Notes underlying Applicable Ownership Interests in NotesNotes or the Applicable Ownership Interests in the Treasury Portfolio (as defined in clause (i) of each paragraph of the definition of such term), as the case may be, or security entitlements for any of them, them for financial assets held in the Collateral Account, such substitution shall not constitute a novation of the security interest created hereby.

Substitutions. Whenever a Holder has the right to substitute Treasury Securities Securities, [Subordinated] Notes or Notes underlying security entitlements for any of them or the appropriate Applicable Ownership Interests in NotesInterest of the Treasury Portfolio, as the case may be, or security entitlements for any of them, for financial assets held in the Collateral Account, such substitution shall not constitute a novation of the security interest created hereby.

Substitutions. Whenever a Holder has the right to substitute Treasury Securities or Securities, Notes underlying Applicable Ownership Interests in Notes, as the case may be, or security entitlements for any of them, as the case may be, for financial assets held in the Collateral Account, such substitution shall not constitute a novation of the security interest created hereby.

Substitutions. Whenever a Holder has the right to substitute Treasury Securities Cash or Notes underlying Applicable Ownership Interests in Notes, as the case may be, or security entitlements for any of them, them for financial assets held in the Collateral Account, such substitution shall not constitute a novation of the security interest created hereby.

Substitutions. Whenever a Holder has the right to substitute Treasury Securities or Securities, Senior Notes underlying Applicable Ownership Interests in Notes, as the case may be, or security entitlements for any of them, as the case may be, for financial assets held in the Collateral Account, such substitution shall not constitute a novation of the security interest created hereby.

Substitutions. Whenever a Holder has the right to substitute Treasury Securities or Securities, Senior Deferrable Notes underlying Applicable Ownership Interests in Notes, as the case may be, or security entitlements for any to either of them, them for financial assets held in the Collateral Account, such substitution shall not constitute a novation of the security interest created hereby.

Substitutions. Whenever a Holder has the right to substitute Qualifying Treasury Securities, Trust Preferred Securities or Notes underlying Applicable Ownership Interests in NotesSecurity Entitlements for any of them, as the case may be, or security entitlements for any of them, for financial assets held in the Collateral Account, such substitution shall not constitute a novation of the security interest created hereby.

Substitutions. Whenever a Holder has the right to substitute Treasury Securities or Securities, Subordinated Notes underlying Applicable Ownership Interests in NotesSubordinated Notes or the Applicable Ownership Interests in the Treasury Portfolio (as defined in clause (i) of the definition of such term), as the case may be, or security entitlements for any of them, them for financial assets held in the Collateral Account, such substitution shall not constitute a novation of the security interest created hereby.

Substitutions. Whenever a Holder has the right to substitute Treasury Securities, Corporate Securities or Notes underlying Applicable Ownership Interests in Notes, as the case may be, or security entitlements for any of them, as the case may be, for financial assets held in the a Collateral Account, such substitution shall not constitute a novation of the security interest created hereby.

Substitutions. Whenever a Holder has the right to substitute Treasury Securities or Securities, Notes underlying Applicable Ownership Interests in NotesNotes or Applicable Ownership Interests in the Treasury Portfolio, as the case may be, or security entitlements for any of them, for financial assets held in the Collateral Account, such substitution shall not constitute a novation of the security interest created hereby.

Substitutions. Whenever a Holder has the right to substitute Treasury Securities Securities, Trust Preferred Securities, Debentures or Notes underlying security entitlements for any of them or the appropriate Applicable Ownership Interests in NotesInterest of the Treasury Portfolio, as the case may be, or security entitlements for any of them, for financial assets held in the Collateral Account, such substitution shall not constitute a novation of the security interest created hereby.

Substitutions. Whenever a Holder has the right to substitute Treasury Securities Securities, Trust Preferred Securities, Debentures or Notes underlying security entitlements to any of them or the appropriate Applicable Ownership Interests in NotesInterest of the Treasury Portfolio, as the case may be, or security entitlements for any of them, for financial assets held in the Collateral Account, such substitution shall not constitute a novation of the security interest created hereby.

Substitutions. Whenever a Holder has the right to substitute Treasury Securities Securities, Subordinated Notes or Notes underlying security entitlements for any of them or the appropriate Applicable Ownership Interests Interest (as defined in Notesclause (i) of the definition of such term) in the Treasury Portfolio, as the case may be, or security entitlements for any of them, for financial assets held in the Collateral Account, such substitution shall not constitute a novation of the security interest created hereby.

Substitutions. Whenever a Holder has the right to substitute Treasury Securities Securities, Notes or Notes underlying security entitlements for any of them or the appropriate Applicable Ownership Interests (as defined in Notesclause (i) of the definition of such term) of the Treasury Portfolio, as the case may be, or security entitlements for any of them, for financial assets held in the Collateral Account, such substitution shall not constitute a novation of the security interest created hereby.

Substitutions. Whenever a Holder has the right to substitute Treasury Securities or Notes underlying Applicable Ownership Interests in Convertible Notes, as the case may be, or security entitlements for any either of them, them for financial assets held in the Collateral Account, such substitution shall not constitute a novation of the security interest created hereby.

Substitutions. Whenever a Holder has the right to substitute Treasury Securities Securities, Senior Notes or Notes underlying security entitlements for any of them or the Applicable Ownership Interests (as defined in Notesclause (ii)(A) of the definition thereof) in the Treasury Portfolio, as the case may be, or security entitlements for any of them, for financial assets held in the Collateral Account, such substitution shall not constitute a novation of the security interest created hereby.