“Financial Assets” Election. The Depositary Bank agrees that each item of property (excluding cash, but including any security, instrument or obligation, share, participation, interest or other property whatsoever) credited to any Indenture Account shall be treated as a "financial asset" within the meaning of Section 8-102(a)(9) of the UCC.
Appears in 2 contracts
Samples: Trust Indenture (Aes Red Oak LLC), Power Purchase Agreement (Aes Ironwood LLC)
“Financial Assets” Election. The Depositary Bank Financial Institution hereby agrees that each item of property (excluding cashincluding, but including without limitation, all Cash Equivalents and any investment property, financial asset, security, instrument or obligation, share, participation, interest or other property whatsoevercash) credited to any Indenture Pledged Account that is a Securities Account shall be treated as a "financial asset" within the meaning of Section 8-102(a)(9) of the UCC.
Appears in 2 contracts
Samples: Security Agreement (Delta Energy Center, LLC), Collateral Account Control Agreement (Delta Energy Center, LLC)
“Financial Assets” Election. The Depositary Bank Financial Institution hereby agrees that each item of property (excluding cashincluding, but including any without limitation, all investment property, financial asset, security, instrument or obligation, share, participation, interest or other property whatsoevercash) credited to any Indenture Pledged Account that is a Securities Account shall be treated as a "“financial asset" ” within the meaning of Section 8-102(a)(9) of the UCC.
Appears in 1 contract
“Financial Assets” Election. The Depositary Bank Securities Intermediary agrees that each item of property (excluding including any cash, but including any security, instrument or obligation, share, participation, interest or other property whatsoever) credited to any Indenture the Debt Service Reserve Account shall be treated as a "financial asset" within the meaning of Section 8-102(a)(9) of the UCC.
Appears in 1 contract
Samples: Registration Rights Agreement (Northeast Generation Co)
“Financial Assets” Election. The Depositary Bank Financial Institution ---------------- hereby agrees that each item of property (excluding cashwhether investment property, but including any financial asset, security, instrument or obligation, share, participation, interest or other property whatsoevercash) credited to any Indenture Pledged Account that is a Securities Account shall be treated as a "financial asset" within the meaning of Section 8-102(a)(9) of the UCC.
Appears in 1 contract
Samples: Pledge and Security Agreement (National Steel Corp)
