“Financial Assets” Election. The Account Bank agrees that each item of property (including any security, instrument or obligation, share, participation, interest, cash or cash equivalent or other property whatsoever) credited to the Indenture Trustee's Account shall be treated as a "financial asset" within the meaning of Section 8-l02(a)(9) of the UCC.
Appears in 6 contracts
Samples: Mortgage and Security Agreement (Calpine Corp), Mortgage and Security Agreement (Calpine Corp), Mortgage and Security Agreement (Calpine Corp)
“Financial Assets” Election. The Account Bank agrees that each item of property (including any security, instrument or obligation, share, participation, interest, cash or cash equivalent interest or other property whatsoever) credited to the Lease Indenture Trustee's Account shall be treated as a "financial asset" within the meaning of Section 8-l02(a)(9102(a)(9) of the UCC.
Appears in 2 contracts
Samples: Assumption Agreement (Edison Mission Energy), Edison Mission Energy
“Financial Assets” Election. The Account Bank agrees that each item of property (including any security, instrument or obligation, share, participation, interest, cash or cash equivalent or other property whatsoever) credited to the Indenture Trustee's Account shall be treated as a "financial asset" within the meaning of Section 8-l02(a)(9102(a)(9) of the UCC.
Appears in 1 contract
Samples: Calpine Corp
“Financial Assets” Election. The Account Bank agrees that each item of property (including any security, instrument or obligation, share, participation, interest, cash or cash equivalent or other property whatsoever) credited to the Indenture Trustee's ’s Account shall be treated as a "“financial asset" ” within the meaning of Section 8-l02(a)(9102(a)(9) of the UCC.
Appears in 1 contract
