Common use of Creation of Accounts Clause in Contracts

Creation of Accounts. (a) The Depositary Bank hereby confirms that it has established the following special, segregated, and irrevocable cash collateral accounts in the name of the Party identified below (as further described in Exhibit A and including any subaccounts established thereunder, including each of those referenced on Exhibit A, the “Accounts”; all references to the Accounts shall mean any Account, the Account established with the Depositary Bank or all the Accounts, as the context may require) in the form of non- interest bearing accounts:

Appears in 3 contracts

Samples: Authority PSL Account Agreement, Authority PSL Account Agreement, Authority PSL Account Agreement

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Creation of Accounts. (a) The Depositary Bank hereby confirms that it has established the following special, segregated, and irrevocable cash collateral accounts in the name of the Party identified below (as further described in Exhibit A and including any subaccounts established thereunder, including each of those referenced on Exhibit A, the “Accounts”; all references to the Accounts shall mean any Account, the Account established with the Depositary Bank or all the Accounts, as the context may require) in the form of non- non--interest bearing accounts:

Appears in 1 contract

Samples: Authority PSL Account Agreement

Creation of Accounts. (a) The Depositary Bank hereby confirms that it has established the following special, segregated, segregated and irrevocable cash collateral accounts in the name of the Party identified below (as further described in Exhibit A and including any subaccounts established thereunder, including each of those referenced on Exhibit A, the “Accounts”; all references to the Accounts shall mean any Account, the Account established with the Depositary Bank or all the Accounts, as the context may require) in the form of non- non-interest bearing accounts:

Appears in 1 contract

Samples: Authority PSL Account Agreement

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Creation of Accounts. (a) The Depositary Bank hereby confirms that it has established the following special, segregated, and irrevocable cash collateral accounts in the name of the Party identified below (as further described in Exhibit A and including any subaccounts established thereunder, including each of those referenced on Exhibit A, the “Accounts”; all references to the Accounts shall mean any Account, the Account established with the Depositary Bank or all the Accounts, as the context may require) in the form of non- non-interest bearing accounts:

Appears in 1 contract

Samples: Authority PSL Account Agreement

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