Res 2006-035 - Laserfiche WebLink

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- 2 - (f) "BusIness Day" shall mean any day on willch Bank of New York and Bank of Amenca are open for business and on whicb the Book Entry System and/or the Depositones are open for busmess. (g) "Certificate" shall mean the CertIficate attached hereto as Exhibit "B" or Exhibit "C", I (h) Agreement. "Collateral Requirement" shall have the meaning set forth in paragraph (d) of SectIOn 1 of this (i) "Comptroller shall have the meaning set forth m paragraph (f) of Section 2 of thIs Agreement. (j) "Depository" or Depositones shall mean the DepOSllory Trust Company and other securities depositories and clearing agencies (and thelT successors and nommees) registered with the SecuritIes and Exchange Commission as a clearing agency or otherwise regulated by appropnate federal or state agencies as a clearing corporation. (k) "Deposits" shall mean all depOSIts by Public EntIty m Bank of Amenca, including all accrued interest thereon, that are available for all uses generally penrul1ed by Bank of Amenca to Public EntIty for actually and fmally collected funds under the Bank of America's account agreement or poliCIes. (I) "Eligible Collateral" shall mean any Secuntles of the types enumerated III the Schedule of Eligible Collateral (which types are in complIance with the collateral policy adopted and approved by the goverrung body of PublIc Entity) attached hereto as Exhibit "A", as such exhibIt may be amended from time to tIme pursuant to a wntten amendment signed by each of the partIes hereto, and any Proceeds thereof. (m) "Margin Percentage" shall mean the percentage mdlcated on ExhibIt "A" attached hereto with respect to particular types of Eligible Collateral, as such exhibit may be amended from time to time pursuant to a \lmtten amendment signed by each of the parties thereto. (n) "Margin Value" means for each Security and Proceeds thereof held ID the Account, the Market Value of such Security and Proceeds diVIded by the applicable M argm Percentage I (0) "Market Value" shall mean (i) WIth respect to any Secunty held m the Account, the market value of such Security as made available 10 Bank of New York by a generally recognized source selected by Bank of New York plus, if not reflected m the market value, any accrued mlerest thereon, or, If such source does not make available a market value, tbe market value shall be as detemuned by Bank of New York m Jts sole discretion based on mformation furnIshed to Bank of New York by one or more brokers or dealers and (ii) With respect to any cash held lD the Account, the face amount of such cash. (P) "Oral InstructlOns" shall mean verbal mstrucIJOns actually received by Bank of New York from an Authonzed Person or from a person reasonably believed by Bank of New York to be an Authonzed Person. (q) "Proceeds" shall mean any principal or Interest payments or other dIstributIOns made m connectIOn Wlth ElIgible Collateral and anything acquITed upon the sale, lEase, lIcense, exchange or other dlsposJtlOn of Eligible Collateral. (r) "Secunty" shall mclude, without hrrutatlOn, a.ny security held ill the Book-Entry System or at a DepOSItory, common stock and other equity securities, bonds, debenTUres and other debt seCUTltleS, notes, mortgages or other oblIgations, and any mslruments representing nghts 10 receIve, purchase, or subscribe for the same, or representmg any other nghts or mlerests therein. (s) AgHcement. "SubstItute ColJa1eral" shall have the meamng set forth m paragraph (e) of SeclIon I of this (t) "Trust ReceIpt" shall mean evidence ofrecelpL ldentdlcatlOn, and recordmg, mcludmg a wntten or eJectlOmcally transmItted adVice or confirmation of transaclJon or <;falement of account. Each adVIce or confmnatlOn oj transaclJon shall IdentIfy the Ei:gihle Collateral willch IS the sublect of the transactIOn and Slale the Market Value I