Common use of The Custodian Account Clause in Contracts

The Custodian Account. In accordance with this Agreement and the Account Control Agreement, the Collateral Agent shall, on or prior to the Closing Date, establish at the Securities Intermediary one (1) segregated account with respect to each Eligible Currency, which shall be designated as the “Custodian Account” for each such Eligible Currency (collectively, the “Custodian Account”), which shall be maintained by the Borrower with the Securities Intermediary in accordance with the Account Control Agreement and which shall be subject to the Lien of the Collateral Agent.

The Custodian Account. In accordance with this Agreement and the Account Control Agreement, the Collateral Agent shall, on or prior to the Closing Date, establish at the Securities Intermediary Custodian one (1) segregated account with respect to each Eligible Currencytrust account, which shall be designated as the “Custodian Account” for each such Eligible Currency (collectively, the “Custodian Account”), which shall be maintained by the Borrower with the Securities Intermediary Custodian in accordance with the Account Control Agreement and which shall be subject to the Lien of the Collateral Agent. All promissory notes shall be credited to the Custodian Account.

The Custodian Account. (a) In accordance with this Agreement and the Account Control Agreement, the Collateral Agent shall, on or prior to the Closing A&R Effective Date, establish at the Securities Intermediary one (1) segregated account with respect to each Eligible Currency, which shall be designated as the “Custodian Account” for each such Eligible Currency (collectively, the “Custodian Account”), which shall be maintained by the Borrower with the Securities Intermediary in accordance with the Account Control Agreement and which shall be subject to the Lien of the Collateral Agent.