Common use of Covenants of the Trustee Clause in Contracts

Covenants of the Trustee. The Trustee hereby covenants and agrees as follows: (a) the Trustee will establish the Collection Account as a Securities Account; (b) the financial institution that is the Trustee, acting as Securities Intermediary, will identify the Collection Account in its records as a Securities Account of the Trustee and will identify the Trustee in such records as the Person having the Security Entitlement against the Securities Intermediary with respect to the Securities Account and all Security Entitlements carried in the Securities Account; (c) the financial institution that is the Trustee, acting as Securities Intermediary, will maintain accurate and complete records of the Financial Assets in the Securities Account such that the Collateral is objectively determinable; (d) the financial institution that is the Trustee, acting as Securities Intermediary, will in the ordinary course of its business, maintain securities accounts for its customers, will act in that capacity in holding the Securities Account under this Indenture and will at all times be located in and maintain its books and records relating to all of these securities in the State of New York; (e) the financial institution that is the Trustee, acting as Securities Intermediary, will treat all Eligible Investments as Financial Assets and will duly hold the Eligible Investments in the Securities Account; and (f) the financial institution that is the Trustee, acting as Securities Intermediary, will not agree to comply with entitlement orders of any Person other than the Trustee with respect to the Securities Account or any Security Entitlements carried in the Securities Account and agrees to comply with entitlement orders of the Trustee without the consent of any other Person.

Covenants of the Trustee. The Trustee hereby covenants and ------------------------ agrees as follows: (a) the Trustee will establish the Collection Account as a Securities Account; (b) the financial institution that is the Trustee, acting as Securities Intermediary, will identify the Collection Account in its records as a Securities Account of the Trustee and will identify the Trustee in such records as the Person having the Security Entitlement against the Securities Intermediary with respect to the Securities Account and all Security Entitlements carried in the Securities Account; (c) the financial institution that is the Trustee, acting as Securities Intermediary, will maintain accurate and complete records of the Financial Assets in the Securities Account such that the Collateral is objectively determinable; (d) the financial institution that is the Trustee, acting as Securities Intermediary, will in the ordinary course of its business, maintain securities accounts for its customers, will act in that capacity in holding the Securities Account under this Indenture and will at all times be located in and maintain its books and records relating to all of these securities in the State of New York; (e) the financial institution that is the Trustee, acting as Securities Intermediary, will treat all Eligible Investments as Financial Assets and will duly hold the Eligible Investments in the Securities Account; and (f) the financial institution that is the Trustee, acting as Securities Intermediary, will not agree to comply with entitlement orders of any Person other than the Trustee with respect to the Securities Account or any Security Entitlements carried in the Securities Account and agrees to comply with entitlement orders of the Trustee without the consent of any other Person.