Securities Intermediary. The meaning specified in Section 8-102(a)(14) of the UCC.

Securities Intermediary means Bank, a Subcustodian, a Securities Depository, and any other financial institution which in the ordinary course of business maintains custody accounts for others and acts in that capacity.

Securities Intermediary means U.S. Bank National Association, a national banking association, solely in the capacity of a “securities intermediary” as defined in the NY UCC and Federal Book-Entry Regulations or any successor securities intermediary under the Indenture.

Examples of Securities Intermediary in a sentence

Each of the Issuer, the Indenture Trustee, the Securities Intermediary and each Holder (by its acceptance of the Storm Recovery Bonds) irrevocably waives, to the fullest extent that it may effectively do so under applicable law, trial by jury.
Neither the Indenture Trustee nor the Securities Intermediary is responsible for the validity or sufficiency of this Supplement or for the recitals contained herein.
The Indenture Trustee and the Securities Intermediary shall be entitled to the same rights, protections, privileges and indemnities under this Supplement to which they are entitled under the Indenture.
It is expressly acknowledged, agreed and consented to that U.S. Bank National Association will be acting in the capacity of Securities Intermediary and its affiliate, U.S. Bank Trust Company, National Association will be acting in the capacities of Indenture Trustee, Storm Recovery Bond Registrar, Paying Agent hereunder and in such other roles as are assigned to them under the Basic Documents.
Xxxxx Title: Vice President U.S. BANK NATIONAL ASSOCIATION, not in its individual capacity but solely as Securities Intermediary By: /s/ Xxxxxxx X.

More Definitions of Securities Intermediary

Securities Intermediary means a clearing corporation or a Person, including, without limitation, a bank or broker, that in the ordinary course of its business maintains Securities Accounts for others and is acting in that capacity.

Securities Intermediary means U.S. Bank National Association.

Securities Intermediary has the meaning specified in the first paragraph of this Agreement.

Securities Intermediary has the meaning set forth in the preamble.

Securities Intermediary. As defined in Section 5.01(b)(i) of the Servicing Agreement.

Securities Intermediary means The Bank of New York Mellon, a New York banking corporation, solely in the capacity of a “securities intermediary” as defined in the NY UCC and Federal Book-Entry Regulations or any successor securities intermediary under the Indenture.