Case File
efta-01356074DOJ Data Set 10OtherEFTA01356074
Date
Unknown
Source
DOJ Data Set 10
Reference
efta-01356074
Pages
1
Persons
0
Integrity
Extracted Text (OCR)
Text extracted via OCR from the original document. May contain errors from the scanning process.
this Agreement or the Obligations shall be brought
only in the State and County of New York.
16. If this Agreement is signed by two or
more parties as Debtor, they shall be jointly and
severally liable hereunder, and the term "Debtor" as
used herein shall mean the debtor parties hereto,
and each of them. This Agreement may be signed
in any number of counterparts, each of which shall
be an original, with the same effect as if the
signatures thereto and hereto were upon the same
instrument. Delivery of an executed counterpart of
a signature page of this Agreement by telecopy
shall be as effective as delivery of an original
executed counterpart.
17. If the Obligations under this Agreement
shall be owing to an Affiliate of Deutsche Bank
Trust Company Americas ("DB") but DB holds the
Collateral, then DB is hereby appointed, and hereby
accepts such appointment, to hold the Collateral as
securities intermediary and agent for the benefit of
such Affiliate or, if any of the Obligations are also
owed by Debtor to DB, then ple rata for the benefit
of such Affiliate and DB in accordance with the
principal amount owed to
each of them,
respectively. Debtor hereby irrevocably authorizes
DB to act solely and exclusively on the entitlement
orders originated by and instructions of such
Affiliate in respect of the Collateral, without further
consent of Debtor, and Debtor hereby irrevocably
acknowle es and agrees that D
with all sue
rders or other,instructions from such
-
Affiliate without liability to Debtor for acting or not
acting in accordance with any orders or instructions
given by such Affiliate, so long as this Agreement
shall remain in effect.
Without limiting the
generality of the foregoing. Debtor, without the
consent of such Affiliate, shall have no right to
withdraw or transfer any Collateral (including any
46I78VI2
cash balance) from the Collateral Account, or to
give any entitlement orders or other instructions to
DB in respect of the Collateral, so long as any
Obligation is outstanding.
IS. THIS AGREEMENT SHALL BE
CONSTRUED IN ACCORDANCE WITH AND
BE GOVERNED BY THE LAW OF THE
STATE OF NEW YORK (WITHOUT GIVING
EFFECT TO THE PRINCIPLES THEREOF
RELATING TO CONFLICT OF LAWS). THE
PARTIES AGREE THAT THE STATE OF
NEW YORK IS LENDER'S JURISDICTION
FOR PURPOSES OF ARTICLES 8 AND 9 OF
THE
UNIFORM
COMMERCIAL CODE
FROM TIME TO TIME IN EFFECT IN THE
STATE OF NEW YORK.
19. ALL OR CERTAIN OF THE
OBLIGATIONS MAY BE PAYABLE ON
DEMAND.
DEBTOR ACKNOWLEDGES
AND AGREES THAT, IN SUCH EVENT, NO
PROVISION HEREOF OR OF ANY OTHER
AGREEMENT BETWEEN DEBTOR AND
LENDER IS INTENDED TO OR SHALL IN
ANY
WAY
LIMIT,
PREJUDICE
OR
OTHERWISE
AFFECT
THE
DEMAND
NATURE OF SUCH OBLIGATIONS, AND
THAT
LENDER
SHALL
HAVE
THE
ABSOLUTE AND UNCONDITIONAL RIGHT
TO
DEMAND
PAYMENT
OF
SUCH
OBLIGATIONS
IN
ITS
DISCRETION,
REGARDLESS OF THE EXISTENCE OF
ANY PROVISION HEREOF OR OF ANY
COMPLIANCE OR NON-COMPLIANCE BY
DEBTOR WITH ANY SUCH PROVISION.
Confidential
Conridential
.7-
GIL
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e)
CONFIDENTIAL
DB-SDNY-0041546
SDNY_GM_00 187730
EFTA01356074
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