Common use of Establishment of Collateral Account Clause in Contracts

Establishment of Collateral Account. On the Certificate Closing Date, the Indenture Trustee, pursuant to the Collateral Agreement, established with State Street Bank and Trust Company in its name as secured party hereunder an Eligible Deposit Account entitled "First Security Bank, National Association, as secured party under the Trust Indenture and Security Agreement (Federal Express Corporation Trust No. N679FE) dated as of June 15, 1998, with the Owner Trustee referred to therein".

Establishment of Collateral Account. On the Certificate Closing Date, the Indenture Trustee, pursuant to the Collateral Agreement, established with State Street Bank and Trust Company in its name as secured party hereunder an Eligible Deposit Account entitled "First Security Bank, National Association, as secured party under the Trust Indenture and Security Agreement (Federal Express Corporation Trust No. N679FEN678FE) dated as of June 15, 1998, with the Owner Trustee referred to therein".

Establishment of Collateral Account. On the Certificate Closing Date, the Indenture Trustee, pursuant to the Collateral Agreement, established with State Street Bank and Trust Company in its name as secured party hereunder an Eligible Deposit Account entitled "First Security Bank, National Association, as secured party under the Trust Indenture and Security Agreement (Federal Express Corporation Trust No. N679FEN680FE) dated as of June 15, 1998, with the Owner Trustee referred to therein".

Establishment of Collateral Account. On the Certificate Closing Date, the Indenture Trustee, pursuant to the Collateral Agreement, established with State Street Bank and Trust Company in its name as secured party hereunder an Eligible Deposit Account entitled "First Security Bank, National Association, as secured party under the Trust Indenture and Security Agreement (Federal Express Corporation Trust No. N679FEN585FE) dated as of June 15, 1998, with the Owner Trustee referred to therein".

Establishment of Collateral Account. On the Certificate Closing Date, the Indenture Trustee, pursuant to the Collateral Account Control Agreement, established with State Street Bank and Trust Company in its name as secured party hereunder an Eligible Deposit Account entitled "First Security Bank, National Association, as secured party under the Trust Indenture and Security Agreement (Federal Express Corporation Trust No. N679FEN584FE) dated as of June 15May 1, 19981997, with the Owner Trustee referred to therein".

Establishment of Collateral Account. On the Certificate Closing Date, the Indenture Trustee, pursuant to the Collateral Agreement, established with State Street Bank and Trust Company in its name as secured party hereunder an Eligible Deposit Account entitled "First Security Bank, National Association, as secured party under the Trust Indenture and Security Agreement (Federal Express Corporation Trust No. N679FEN676FE) dated as of June 15, 1998, with the Owner Trustee referred to therein".

Establishment of Collateral Account. On the Certificate Closing Date, the Indenture Trustee, pursuant to the Collateral Agreement, established with State Street Bank and Trust Company in its name as secured party hereunder an Eligible Deposit Account entitled "First Security Bank, National Association, as secured party under the Trust Indenture and Security Agreement (Federal Express Corporation Trust No. N679FEN677FE) dated as of June 15, 1998, with the Owner Trustee referred to therein".