Common use of Securities Intermediary's Location Clause in Contracts

Securities Intermediary's Location. The Collateral Account and the rights and obligations of the Securities Intermediary, the Collateral Agent, the Purchase Contract Agent and the Holders with respect thereto shall be governed by the laws of the State of New York. Regardless of any provision in any other agreement, for purposes of the Code, New York shall be deemed to be the Securities Intermediary's location, and the Collateral Account (as well as the securities entitlements related thereto) shall be governed by the laws of the State of New York.

Appears in 5 contracts

Samples: Pledge Agreement (Bank United Corp), Pledge Agreement (Dominion Resources Inc /Va/), Pledge Agreement (Washington Mutual Inc)

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Securities Intermediary's Location. The Collateral Account and the rights and obligations of the Securities Intermediary, the Collateral Agent, the Purchase Contract Agent and the Holders with respect thereto to it shall be governed by the laws of the State of New York. Regardless of any provision in any other agreement, for purposes of the Code, New York shall be deemed to be the Securities Intermediary's location, and the Collateral Account (as well as the securities entitlements related theretoto it) shall be governed by the laws of the State of New York.

Appears in 4 contracts

Samples: Pledge Agreement (New Nisource Inc), Pledge Agreement (New Nisource Inc), Pledge Agreement (Nisource Inc)

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Securities Intermediary's Location. The Collateral Account and the rights and obligations of the Securities Intermediary, the Collateral Agent, the Purchase Contract Agent and the Holders with respect thereto shall be governed by the laws of the State of New York. Regardless of any provision in any other agreement, for purposes of the Code, New York shall be deemed to be the Securities Intermediary's location, location and the Collateral Account (as well as the securities entitlements related thereto) shall be governed by the laws of the State of New York.

Appears in 1 contract

Samples: Pledge Agreement (Nipsco Industries Inc)

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