APPOINTMENT AND ESTABLISHMENT OF ACCOUNTS. 1.1 Party A hereby appoints Custodian as collateral agent on its behalf and Custodian hereby accepts such appointment. In addition, Custodian agrees to act as securities intermediary and/or depositary bank, as applicable, with respect to the Collateral Accounts and the Collateral held therein pursuant hereto.
Appears in 4 contracts
Samples: Retrocession Agreement (Platinum Underwriters Holdings LTD), Control Agreement (Platinum Underwriters Holdings LTD), Control Agreement (Platinum Underwriters Holdings LTD)