The Accounts Agreement as to Control. (a) Establishment and Maintenance of Accounts.
(i) The Company has directed and the Securities Intermediary hereby acknowledges that it has established (1) an account designated as the “Custodial Account”; (2) an account designated as the “Interest MV Cure Account”; (3) an account designated as the “Principal MV Cure Account”; (4) an account designated as the “Interest Collection Account”; (5) an account designated as the “Principal Collection Account”; (6) an account designated as the “Proceeds Collection Account”, (7) an account designated as the “Unfunded Exposure Account” (the Custodial Account, the Interest MV Cure Account, the Principal MV Cure Account, the Interest Collection Account, the Principal Collection Account, the Proceeds Collection Account and the Unfunded Exposure Account, each, a “USD Collateral Account” and, collectively, the “USD Collateral Accounts” and, together with the Permitted Non-USD Currency Accounts, the “Collateral Accounts” or the “Accounts” and, each, an “Account”), and the account numbers for the Accounts are set forth on the Transaction Schedule. In addition, the Company hereby appoints the Securities Intermediary to establish, and the Securities Intermediary does hereby establish, the Permitted Non-USD Currency Accounts for the purposes of holding cash and Portfolio Investments denominated in the applicable Permitted Non-USD Currency pursuant to the terms hereof; provided that it is understood and agreed that, notwithstanding the establishment of such Permitted Non-USD Currency Accounts on or prior to the Closing Date, such Permitted Non-USD Currency Accounts shall not be available for the receipt of cash and Portfolio Investments until such time as the Securities Intermediary notifies the Company and the Collateral Agent that such accounts are operational and available to receive such cash and Portfolio Investments (and neither the Securities Intermediary nor the Collateral Agent shall have any liability for any failure or delay in the receipt of such cash or Portfolio Investments) (each such notice, a “Permitted Non-USD Currency Account Opening Notice”). Each of the accounts shall be segregated, non-interest bearing accounts. The Company may make deposits into any Account other than deposits from Principal Proceeds and Interest Proceeds to any Collateral Account or to any Person. The Securities Intermediary agrees to maintain each of the Accounts as a “securities intermediary” (within the meaning of Section 8-102(a)(14...
The Accounts Agreement as to Control
