Examples of Securities Intermediary in a sentence
XxXxxxx Street, 7th Floor, Chicago, Illinois 60603, Attention: Corporate Trust Services/MBALT 2024-A (e-mail: xxxxxxx.xxxxx@xxxxxx.xxx), (iii) the Securities Intermediary, 000 X.
Notwithstanding anything to the contrary contained herein, if at any time the Securities Intermediary receives conflicting orders or instructions from the Assignee-Secured Party and the Initial Secured Party, the Securities Intermediary will follow the orders or instructions of the Assignee-Secured Party and not the Initial Secured Party.
The Securities Intermediary shall not comply with any instructions of the Issuer (except to the extent permitted under Section 3.1(b)) concerning the Accounts (including any order that is originated by the Issuer and that would require the Securities Intermediary to make a free delivery of Accounts to the Issuer or any other person).
The rights, protections, indemnities and standard of care of the Indenture Trustee set forth in this Article VI shall apply to (i) U.S. Bank Trust Company, National Association in its capacities as Paying Agent and Note Registrar to the same extent as they apply to the Indenture Trustee and (ii) U.S. Bank National Association in its capacity as Securities Intermediary to the same extent as they apply to the Indenture Trustee.
Upon the issuance of any replacement Note under this Section, the Issuer or the Indenture Trustee may require the payment by the Noteholder of such Note of a sum sufficient to cover any tax or other governmental charge that may be imposed in relation thereto and any other reasonable expenses (including the fees and expenses of the Indenture Trustee, the Securities Intermediary or the Note Registrar) connected therewith.