Common use of Indirect Participant Clause in Contracts

Indirect Participant. A securities broker, dealer, bank, trust company or other Person that clears through or maintains a custodial relationship with a Clearing Agency Participant, either directly or indirectly.

Appears in 7 contracts

Samples: Trust Sale and Servicing Agreement (Capital Auto Receivables LLC), Trust Sale and Servicing Agreement (Capital Auto Receivables Asset Trust 2007-3), Trust Sale and Servicing Agreement (Capital Auto Receivables Asset Trust 2007-2)

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Indirect Participant. A securities broker, dealer, bank, trust company or other financial institution or other Person that clears through or maintains a custodial relationship with a Clearing Agency Depository Participant, either directly or indirectly.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (IndyMac INDB Mortgage Loan Trust 2005-1)

Indirect Participant. A securities broker, dealer, bank, trust company or other Person that clears through or maintains a custodial relationship with a Clearing Agency Participant, either directly or indirectly.. App. A-25

Appears in 1 contract

Samples: Trust Sale and Servicing Agreement (Ally Wholesale Enterprises LLC)

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Indirect Participant. A securities broker, dealer, bank, trust company bank or other financial institution or other Person that clears through or maintains a custodial relationship with a Clearing Agency Depository Participant, either directly or indirectly.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Popular ABS Mortgage Pass-Through Trust 2006-E)

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