Depository Agreement definition

Depository Agreement. With respect to Classes of Book-Entry Certificates, the agreement between the Trustee and the initial Depository.

Depository Agreement means the agreement, dated as of the Closing Date, executed by the Issuer in favor of DTC, as initial Clearing Agency, relating to the Notes and the Certificates, as the same may be amended or supplemented from time to time.

Depository Agreement. The meaning specified in Subsection 5.01(a) hereof.

Examples of Depository Agreement in a sentence

• The Borrower shall cause the Depositary to create the Collection Account, the Funding Account, the Liquidity Reserve Account, the Maintenance Reserve Account and the Modifications and Improvements Account, in each case in accordance with the terms of the Depository Agreement.

• The Borrower shall pay all fees and expenses in connection with the Depository Agreement including, without limitation, all fees (including any annual fee payable to the Depositary pursuant to the Depository Agreement), expenses and any indemnity payments to the Depositary and all fees and expenses in creating, maintaining and administrating the Accounts.

• The rights of Note Owners may be exercised only through the Clearing Agency and will be limited to those established by law and agreements between the Note Owners and the Clearing Agency and/or its participants under the Depository Agreement.

More Definitions of Depository Agreement

Depository Agreement. The Letter of Representation dated as of the Closing Date by and among DTC, the Depositor and the Trust Administrator for the benefit of the Trustee.

Depository Agreement means the letter of representations for the Notes, dated May 25, 2022, by the Trust in favor of The Depository Trust Company.

Depository Agreement means the Note Depository Agreement.

Depository Agreement. With respect to the Book-Entry Certificates, the agreement among the Depositor and the initial Depository, dated as of the Closing Date, substantially in the form of Exhibit O.

Depository Agreement means, with respect to each Series, the agreement among the Issuer and the Clearing Agency or Foreign Clearing Agency, or as otherwise provided in the related Series Supplement.

Depository Agreement. The agreement referred to in Section 4.01(b).

Depository Agreement means the agreement executed by the Trust and delivered to The Depository Trust Company, dated on or about the Closing Date, substantially in the form of Exhibit C to the Indenture.