Common use of The Securities Account Clause in Contracts

The Securities Account. (a) The Trust Administrator shall establish one or more “Securities Accounts” in the name of the Securities Intermediary that shall be held by the Trust Administrator for the benefit of the Certificateholders. Each Securities Account shall be a segregated, non-interest bearing trust account maintained with the Trust Administrator and established for the purpose of holding the Underlying Certificates; such account may be the same account as the Distribution Account. Each Securities Account shall be an Eligible Account. The Trust Administrator hereby appoints Xxxxx Fargo Bank, N.A., as Securities Intermediary with respect to the Securities Accounts, and the Securities Intermediary shall hold, for the benefit of the Certificateholders, the Securities Accounts and the Security Entitlements to all Financial Assets credited to the Securities Accounts including without limitation all amounts, securities, investments, Financial Assets, investment property and other property from time to time deposited in or credited to the Securities Accounts and all proceeds thereof. Amounts held from time to time in the Securities Accounts will continue to be held by the Securities Intermediary on behalf of the Trust Administrator for the benefit of the Certificateholders. Upon the termination of the Trust, the Trust Administrator shall inform the Securities Intermediary of such termination. By acceptance of their Certificates or interests therein, the Certificateholders shall be deemed to have appointed Xxxxx Fargo Bank, N.A., as Securities Intermediary. Xxxxx Fargo Bank, N.A. hereby accepts such appointment as Securities Intermediary.

The Securities Account. (a) The Trust Administrator Trustee shall establish one or more “Securities Accounts” in the name of the Securities Intermediary that shall be held by the Trust Administrator Trustee for the benefit of the Certificateholders. Each Securities Account shall be a segregated, non-interest bearing trust account maintained with the Trust Administrator Trustee and established for the purpose of holding the Underlying Certificates; such account may be the same account as the Distribution Certificate Account. Each Securities Account shall be an Eligible Account. The Trust Administrator Trustee hereby appoints Xxxxx Fargo BankCitibank, N.A., as Securities Intermediary with respect to the Securities Accounts, and the Securities Intermediary Trustee shall hold, hold for the benefit of the Certificateholders, the Securities Accounts and the Security Entitlements to all Financial Assets credited to the Securities Accounts including without limitation all amounts, securities, investments, Financial Assets, investment property and other property from time to time deposited in or credited to the Securities Accounts and all proceeds thereof. Amounts held from time to time in the Securities Accounts will continue to be held by the Securities Intermediary on behalf of the Trust Administrator Trustee for the benefit of the Certificateholders. Upon the termination of the TrustTrust Fund, the Trust Administrator Trustee shall inform the Securities Intermediary of such termination. By acceptance of their Certificates or interests therein, the Certificateholders shall be deemed to have appointed Xxxxx Fargo BankCitibank, N.A., as Securities Intermediary. Xxxxx Fargo BankCitibank, N.A. hereby accepts such appointment as Securities Intermediary.

The Securities Account. (a) The Trust Administrator Depositor shall establish one or more “a "Securities Accounts” Account" in the name of the Securities Intermediary that which shall be held by pledged to the Trust Administrator Trustee, as collateral agent, for the benefit of the Certificateholders. Each The Securities Account shall be a segregated, non-interest interest-bearing trust account maintained with the Trust Administrator Trustee and established for the purpose of holding the Underlying Certificates; such account may be the same account as the Distribution Account. Each Securities Account shall be an Eligible AccountBonds. The Trust Administrator Depositor and the Trustee hereby appoints Xxxxx Fargo Bank, N.A., appoint First Union National Bank as Securities Intermediary with respect to the Securities AccountsAccount, and the Securities Intermediary shall holdDepositor hereby grants to the Trustee, as collateral agent for the benefit of the Certificateholders, a security interest to secure all amounts due Certificateholders hereunder in and to the Securities Accounts Account and the Security Entitlements to all Financial Assets credited to the Securities Accounts Account, including without limitation all amounts, securities, investments, Financial Assets, investment property and other property from time to time deposited in or credited to the Securities Accounts Account and all proceeds thereof. Amounts held from time to time in the Securities Accounts Account will continue to be held by the Securities Intermediary on behalf for the benefit of the Trust Administrator Trustee, as collateral agent, for the benefit of the Certificateholders. Upon the termination of the Trust, the Trust Administrator Trustee shall inform the Securities Intermediary of such termination. By acceptance of their Certificates or interests therein, the Certificateholders shall be deemed to have appointed Xxxxx Fargo Bank, N.A., First Union National Bank as Securities Intermediary. Xxxxx Fargo Bank, N.A. First Union National Bank hereby accepts such appointment as Securities Intermediary.

The Securities Account. (a) The Trust Administrator Trustee shall establish one or more “"Securities Accounts” " in the name of the Securities Intermediary that shall be held by the Trust Administrator Trustee for the benefit of the Certificateholders. Each Securities Account shall be a segregated, non-interest bearing trust account maintained with the Trust Administrator Trustee and established for the purpose of holding the Underlying CertificatesTrust Assets; such account may be the same account as the Distribution Account. Each Securities Account shall be an Eligible Account. The Trust Administrator Trustee hereby appoints Xxxxx Fargo Bank, N.A., as Securities Intermediary with respect to the Securities Accounts, and the Securities Intermediary shall hold, for the benefit of the Certificateholders, the Securities Accounts and the Security Entitlements to all Financial Assets credited to the Securities Accounts including without limitation all amounts, securities, investments, Financial Assets, investment property and other property from time to time deposited in or credited to the Securities Accounts and all proceeds thereof. Amounts held from time to time in the Securities Accounts will continue to be held by the Securities Intermediary on behalf of the Trust Administrator Trustee for the benefit of the Certificateholders. Upon the termination of the Trust, the Trust Administrator Trustee shall inform the Securities Intermediary of such termination. By acceptance of their Certificates or interests therein, the Certificateholders shall be deemed to have appointed Xxxxx Fargo Bank, N.A., as Securities Intermediary. Xxxxx Fargo Bank, N.A. hereby accepts such appointment as Securities Intermediary.

The Securities Account. (a) The Trust Administrator Depositor shall establish one or more “a "Securities Accounts” Account" in the name of the Securities Intermediary that which shall be held by pledged to the Trust Administrator Trustee, as collateral agent, for the benefit of the Certificateholders. Each The Securities Account shall be a segregated, non-interest interest-bearing trust account maintained with the Trust Administrator Trustee and established for the purpose of holding the Underlying Certificates; such account may be the same account as the Distribution Account. Each Securities Account shall be an Eligible AccountSecurity. The Trust Administrator Depositor and the Trustee hereby appoints Xxxxx Fargo Bank, N.A., appoint U.S. Bank National Association as Securities Intermediary with respect to the Securities AccountsAccount, and the Securities Intermediary shall holdDepositor hereby grants to the Trustee, as collateral agent for the benefit of the Certificateholders, a security interest to secure all amounts due Certificateholders hereunder in and to the Securities Accounts Account and the Security Entitlements to all Financial Assets credited to the Securities Accounts Account, including without limitation all amounts, securities, investments, Financial Assets, investment property and other property from time to time deposited in or credited to the Securities Accounts Account and all proceeds thereof. Amounts held from time to time in the Securities Accounts Account will continue to be held by the Securities Intermediary on behalf for the benefit of the Trust Administrator Trustee, as collateral agent, for the benefit of the Certificateholders. Upon the termination of the TrustTrust Fund, the Trust Administrator Trustee shall inform the Securities Intermediary of such termination. By acceptance of their Certificates or interests therein, the Certificateholders shall be deemed to have appointed Xxxxx Fargo Bank, N.A., U.S. Bank National Association as Securities Intermediary. Xxxxx Fargo Bank, N.A. U.S. Bank National Association hereby accepts such appointment as Securities Intermediary.