Common use of The Securities Intermediary Clause in Contracts

The Securities Intermediary. (a) The Securities Intermediary hereunder, which Securities Intermediary initially shall be Computershare, shall be a depository institution or trust company organized under the laws of the United States or any State (or any domestic branch of a foreign bank) that is approved by the Administrative Agent. The Securities Intermediary has established the Accounts at the Account Bank. The Account Bank, which initially shall be Xxxxx Fargo Bank, National Association, shall be a Qualified Institution. The Borrower hereby appoints Computershare as the initial Securities Intermediary and hereby approves Xxxxx Fargo Bank, National Association as the initial Account Bank. All payments of amounts due and payable in respect of the Aggregate Unpaids that are to be made from amounts withdrawn from the Collection Account or the Reserve Account shall be made on behalf of the Borrower by the Securities Intermediary in accordance with Section 2.08.

The Securities Intermediary. (a) The Securities Intermediary hereunder, which Securities Intermediary initially shall be Computershare, shall be a depository institution or trust company organized under the laws of the United States or any State (or any domestic branch of a foreign bank) that is approved by the Administrative Agent. The Securities Intermediary has established the Accounts at the Account Bank. The Account Bank, which initially shall be Xxxxx Wxxxx Fargo Bank, National Association, shall be a Qualified Institution. The Borrower hereby appoints Computershare as the initial Securities Intermediary and hereby approves Xxxxx Wxxxx Fargo Bank, National Association as the initial Account Bank. All payments of amounts due and payable in respect of the Aggregate Unpaids that are to be made from amounts withdrawn from the Collection Account or the Reserve Account shall be made on behalf of the Borrower by the Securities Intermediary in accordance with Section 2.08.