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 8 contracts
Sources: Trust Sale and Servicing Agreement (Ally Wholesale Enterprises LLC), Trust Sale and Servicing Agreement (Superior Wholesale Inventory Financing Trust 2007-Ae-1), Trust Sale and Servicing Agreement (Capital Auto Receivables Asset Trust 2007-1)
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
Sources: Pooling and Servicing Agreement (Popular ABS Mortgage Pass-Through Trust 2006-E)