Common Contracts
1 similar null contracts
City of Rapid City, South Dakota Rapid City, South Dakota First National Bank in Sioux Falls, South Dakota, as Trustee Sioux Falls, South Dakota Ladies and Gentlemen:February 11th, 2010
This Letter Agreement by and among Morgan Stanley & Co. Incorporated (“ MSCO”), First National Bank in Sioux Falls, South Dakota (the “ Trustee”) and City of Rapid City, South Dakota (the “ City”) sets forth the specific terms for a series of overnight repurchase transactions to be effected between MSCO and the Trustee under the Master Repurchase Agreement by and between MSCO and the Trustee dated as of February 16, 2010, and the Custodial Undertaking In Connection With Master Repurchase Agreement by and among the Bank of New York (the “ Custodian”), MSCO and the Trustee dated as of February 16, 2010 (the “ Custody Agreement” and together with the Master Repurchase Agreement, the “ Master Agreements”). The Trustee, as Buyer, agrees to effect a series of overnight repurchase transactions commencing on February 16, 2010 with MSCO, as Seller, as described below, in Eligible Securities, as defined in Schedule A hereto (each a “ Repurchase Transaction”) in accordance with the terms and cond
