ACCEPTABLE COLLATERAL Sample Clauses

ACCEPTABLE COLLATERAL. A national bank may satisfy the collateral requirement of paragraph (b)(1) of this section with any of the following:
Sample 1
AutoNDA by SimpleDocs
ACCEPTABLE COLLATERAL. Acceptable Collateral consists of (1) cash in U.S. dollars, (2) obligations issued or guaranteed by the United States Treasury or by any agency or instrumentality of the United States Government, and (3) irrevocable stand-by letters of credit issued by banks domiciled or doing business within the United States that are approved by Agent's Trust Credit Committee at the time of issuance. Collateral, including cash Collateral investments, must be held in a segregated account for each Lending Fund, which is referred to in the Agreement and this Schedule as a "Separate Account." ELIGIBLE INVESTMENTS OF CASH COLLATERAL Cash Collateral shall be invested in shares of the Liquid Assets Portfolio. A copy of the current prospectus for the Liquid Assets Portfolio is attached to the Agreement as Annex II. DIVERSIFICATION OF NON-CASH COLLATERAL o Obligations issued or guaranteed by the U.S. Government, or its agencies and instrumentalities, may be accepted without limit. o Agent shall establish from time to time a maximum percentage of the Separate Account which may be exposed to the risks of any one foreign country, and individual country limits.
Sample 1
ACCEPTABLE COLLATERAL. Acceptable Collateral consists of (1) cash in U.S. dollars, (2) obligations issued or guaranteed by the United States Treasury or by any agency or instrumentality of the United States Government, and (3) irrevocable stand-by letters of credit issued by banks domiciled or doing business within the United States that are approved by Agent’s Trust Credit Committee at the time of issuance. Collateral, including cash Collateral investments, must be held in a segregated account for each Lending Fund, which is referred to in the Agreement and this Schedule as a “Separate Account.” Eligible Investments of Cash Collateral Cash Collateral shall be invested in shares of the Liquid Assets Portfolio. A copy of the current prospectus for the Liquid Assets Portfolio is attached to the Agreement as Annex II. Diversification of Non-Cash Collateral ● Obligations issued or guaranteed by the U.S. Government, or its agencies and instrumentalities, may be accepted without limit. ● Agent shall establish from time to time a maximum percentage of the Separate Account which may be exposed to the risks of any one foreign country, and individual country limits. WILSHIRE MUTUAL FUNDS, INC. By: Name: Jxxxx Xxx Title: President Date: January 23, 2012 SCHEDULE C TO SECURITIES LENDING AUTHORIZATION AGREEMENT ("Agreement") FEES The Agent shall be entitled to receive the following fees for services provided under this Agreement. The fees below are expressed as a percentage of Company’s Net Revenue (as defined in paragraph 7.1 of the Agreement). 20% Loans of U.S. Government and Agency Securities 20% Loans of U.S. Corporate Equity and Fixed Income Securities 20% Loans of non-U.S. Sovereign Fixed Income and non-U.S. Corporate Fixed income Securities 20% Loans of non-U.S. Corporate Equity Securities WILSHIRE MUTUAL FUNDS, INC. By: Name: Jxxxx Xxx Title: President Date: January 23, 2012 The Northern Trust Company 50 Xxxxx XxXxxxx Xxxxxx Xxxxxxx, Xxxxxxxx 00000 ANNEX I To Securities Lending Authorization Agreement PROSPECTUS FOR THE NORTHERN INSTITUTIONAL FUNDS LIQUID ASSETS PORTFOLIO Plus all available Statements of Additional Information.
Sample 1
ACCEPTABLE COLLATERAL. Acceptable Collateral consists of (1) cash in U.S. dollars, (2) obligations issued or guaranteed by the United States Treasury or by any agency or instrumentality of the United States Government, and (3) irrevocable stand-by letters of credit issued by banks domiciled or doing business within the United States that are approved by Agent’s Trust Credit Committee at the time of issuance. Collateral, including cash Collateral investments, must be held in a segregated account for each Lending Fund, which is referred to in the Agreement and this Schedule as a “Separate Account.”
Sample 1
ACCEPTABLE COLLATERAL. Acceptable Collateral consists of (1) cash in U.S. dollars, (2) obligations issued or guaranteed by the United States Treasury or by any agency or instrumentality of the United States Government, and (3) irrevocable stand-by letters of credit issued by banks domiciled or doing business within the United States that are approved by Agent's Trust Credit Committee at the time of issuance. Collateral, including cash Collateral investments, must be held in a segregated account for each Lending Fund, which is referred to in the Agreement and this Schedule as a "Separate Account." ELIGIBLE INVESTMENTS OF CASH COLLATERAL Cash Collateral shall be invested in shares of the Liquid Assets Portfolio. A copy of the current prospectus for the Liquid Assets Portfolio is attached to the Agreement as Annex II. DIVERSIFICATION OF NON-CASH COLLATERAL o Obligations issued or guaranteed by the U.S. Government, or its agencies and instrumentalities, may be accepted without limit. o Agent shall establish from time to time a maximum percentage of the Separate Account which may be exposed to the risks of any one foreign country, and individual country limits. [ COMPANY ] BY: ---------------------------------------- NAME: -------------------------------------- TITLE: ------------------------------------- DATE: -------------------------------------- SCHEDULE C TO SECURITIES LENDING AUTHORIZATION AGREEMENT ("AGREEMENT") FEES THE AGENT SHALL BE ENTITLED TO RECEIVE THE FOLLOWING FEES FOR SERVICES PROVIDED UNDER THIS AGREEMENT. THE FEES BELOW ARE EXPRESSED AS A PERCENTAGE OF COMPANY'S NET REVENUE (AS DEFINED IN PARAGRAPH 7.1 OF THE AGREEMENT). 40% LOANS OF U.S. GOVERNMENT AND AGENCY SECURITIES 40% LOANS OF U.S. CORPORATE EQUITY AND FIXED INCOME SECURITIES 40% LOANS OF NON-U.S. SOVEREIGN FIXED INCOME AND NON-U.S. CORPORATE FIXED INCOME SECURITIES 40% LOANS OF NON-U.S. CORPORATE EQUITY SECURITIES [ COMPANY ] BY: ------------------------ NAME: ---------------------- TITLE: --------------------- DATE: --------------------- THE NORTHERN TRUST COMPANY 00 XXXXX XXXXXXX XXXXXX XXXXXXX, XXXXXXXX 00000 ANNEX I TO SECURITIES LENDING AUTHORIZATION AGREEMENT PROSPECTUS FOR THE NORTHERN INSTITUTIONAL FUNDS LIQUID ASSETS PORTFOLIO PLUS ALL AVAILABLE STATEMENTS OF ADDITIONAL INFORMATION.
Sample 1
ACCEPTABLE COLLATERAL. Unless otherwise agreed in writing by Nikko, only --------------------- Mortgage Loans as indicated in the applicable Custody Agreement shall constitute Collateral acceptable to Nikko for purposes of obtaining an Advance.
Sample 1

Related to ACCEPTABLE COLLATERAL

  • Eligible Collateral The following items will qualify as “Eligible Collateral” for the party specified. Party A Party B Valuation Percentage

  • Assemble Collateral Lender may require Grantor to deliver to Lender all or any portion of the Collateral and any and all certificates of title and other documents relating to the Collateral. Lender may require Grantor to assemble the Collateral and make it available to Lender at a place to be designated by Lender. Lender also shall have full power to enter upon the property of Grantor to take possession of and remove the Collateral. If the Collateral contains other goods not covered by this Agreement at the time of repossession, Grantor agrees Lender may take such other goods, provided that Lender makes reasonable efforts to return them to Grantor after repossession.

  • Collateral The Collateral for this Note includes the Funding Agreement and the Guarantee specified on the face hereof.

  • Real Estate Collateral The Borrowers shall, and shall cause their respective Subsidiaries to, deliver to the Collateral Agent as soon as practicable and in any event within 90 calendar days after the Incremental Loan Funding Date (or such longer period as the Collateral Agent may agree in its sole discretion), (a) an amendment to each Mortgage encumbering the Mortgaged Properties in form suitable for recording that shall provide such Mortgage remains in full force and effect and continues to secure the Obligations, as amended by this Incremental Amendment, which mortgage amendment shall be in form and substance reasonably acceptable to the Collateral Agent and its counsel in all respects, (b) endorsements to the mortgagee’s title insurance policies reflecting the amendment to the insured Mortgage as well as a date down endorsement in respect of each of the Mortgaged Properties, reflecting that there are no encumbrances affecting the Mortgaged Properties except as permitted under the Credit Agreement, and in each case in form and substance reasonably satisfactory to the Collateral Agent, (c) a customary opinion of local counsel in each jurisdiction in which a Mortgage Property is located for the benefit of the Collateral Agent with respect to the enforceability of the Mortgages as amended, together with such other opinions as the Collateral Agent shall require, and in form and substance reasonably acceptable to the Collateral Agent and (d) such further documents, instruments, acts or agreements as the Collateral Agent may reasonably request to affirm, secure, renew or perfect the liens of the Mortgages as amended. All of the actions referenced above shall be taken, and documents referenced above shall be delivered, at the sole expense of the Borrowers, including any recording charges, taxes, or other associated costs related thereto.

  • Negotiable Collateral In the event that any Collateral, including proceeds, is evidenced by or consists of Negotiable Collateral, and if and to the extent that perfection or priority of Agent's security interest is dependent on or enhanced by possession, the applicable Borrower, immediately upon the request of Agent, shall endorse and deliver physical possession of such Negotiable Collateral to Agent.

  • Additional Collateral Each of CSSW Parent and the Borrower shall, and shall cause each of its Subsidiaries to, (a) promptly (i) execute and deliver to the Administrative Agent and the Collateral Agent such amendments to the Guarantee and Collateral Agreement as the Administrative Agent or the Collateral Agent deems necessary or advisable to grant to the Collateral Agent, for the benefit of the Lenders, a perfected first priority security interest in the Equity Interests of the Steel Winds Companies and the Stetson Intermediate Holding Company, (ii) if certificated, deliver to the Collateral Agent the certificates representing such Equity Interests, together with undated stock powers, in blank, executed and delivered by a duly Authorized Officer of the Borrower and the Steel Winds Holding Company (iii) cause the Steel Winds Companies (A) to become a party to the Guarantee and Security Agreement, (B) to take such actions necessary or advisable to grant to the Collateral Agent for the benefit of the Lenders a perfected first priority security interest in the Collateral described in the Guarantee and Security Agreement with respect to the Steel Winds Companies, including the filing of Uniform Commercial Code financing statements in such jurisdictions as may be required by the Guarantee and Security Agreement or by law or as may be requested by the Collateral Agent and (C) to deliver to the Collateral Agent a certificate of an Authorized Officer of each Steel Winds Company, substantially in the form of the certificate provided pursuant to Section 3.2(a)(iii), with appropriate insertions and attachments, (iv) if requested by the Administrative Agent, deliver to the Administrative Agent legal opinions relating to the matters described above, which opinions shall be in form and substance, and from counsel, reasonably satisfactory to the Administrative Agent and (v) deliver to the Collateral Agent each deposit account control agreement required to be delivered pursuant to the Guarantee and Collateral Agreement, in form and substance reasonably acceptable to the Collateral Agent; provided that the parties hereto acknowledge and agree that if any LC Indebtedness or LC Conversion Indebtedness of the Steel Winds Project Company with respect to the Steel Winds Project is in existence as of the Subsequent Closing Date, then the Steel Winds Companies shall be required to become a party to the Guarantee and Security Agreement and satisfy the other requirements of this Section 9.22, upon the termination, expiration and discharge of such LC Indebtedness or LC Conversion Indebtedness, as the case may be.

  • Collateral Access Agreements Such Grantor shall use commercially reasonable efforts to obtain a Collateral Access Agreement, from the lessor of each leased property, mortgagee of owned property or bailee or consignee with respect to the operator of any warehouse, processor or converter facility or other location (each of which is identified on Exhibit B hereto), where Collateral in excess of $1,000,000 is stored or located at any given time (other than (i) company-owned facilities and (ii) retail stores), which agreement or letter shall provide access rights, contain a waiver or subordination of all Liens or claims that the landlord, mortgagee, bailee or consignee may assert against the Collateral at that location, and shall otherwise be reasonably satisfactory in form and substance to the Administrative Agent. With respect to such locations or warehouse space leased as of the Effective Date and thereafter where Collateral in excess of $1,000,000 is stored or located (other than (i) company-owned facilities and (ii) retail stores), if the Administrative Agent has not received a Collateral Access Agreement as of the Effective Date (or, if later as of the date such location is acquired or leased), the Borrower’s Eligible Inventory at that location shall be subject to such Reserves as may be established by the Administrative Agent. After the Effective Date, no real property or warehouse space shall be leased by such Grantor (other than retail stores) and no Inventory shall be shipped to a processor or converter under arrangements established after the Effective Date, unless and until a satisfactory Collateral Access Agreement shall first have been obtained with respect to such location or if it has not been obtained, the Borrower’s Eligible Inventory at that location shall be subject to the establishment of Reserves acceptable to the Administrative Agent. Such Grantor shall timely and fully pay and perform its obligations under all leases and other agreements with respect to each leased location or third party warehouse where any Collateral is or may be located.

  • The Collateral Account (a) Upon receipt by the Collateral Agent of a Notice of Actionable Default, and until such time as the Actionable Default described therein is cured or waived, the Collateral Agent shall establish and maintain at its principal office an interest-bearing account that shall be entitled the “Encore Capital Collateral Account.” All moneys received by the Collateral Agent with respect to Collateral after receipt of a Notice of Actionable Default and until such time as the Actionable Default described therein is cured or waived shall be deposited in the Collateral Account and thereafter shall be held, applied and/or disbursed by the Collateral Agent in accordance with Section 9 hereof. In addition, (i) any other payments received, directly or indirectly, by any Secured Party of or with respect to any of the Secured Obligations from the Borrower or any Guarantor after the occurrence and during the continuance of an Actionable Default (including, without limitation, any amount of any balances held by any Secured Party for the account of the Borrower or any Guarantor or any other property held or owing by it to or for the credit or for the account of the Borrower or any Guarantor which has been set off or appropriated by it and any payments received upon the termination of any Rate Management Transaction prior to its stated termination date), (ii) any payment received by any Secured Party with respect to any of the Secured Obligations in an insolvency or reorganization proceeding or otherwise with respect to the Borrower or any Guarantor or (iii) any payment from a Guarantor received by any Secured Party with respect to any Secured Obligations, shall, in each case, promptly be delivered to the Collateral Agent and thereafter shall be held, applied and/or disbursed by the Collateral Agent in accordance with Section 9 hereof, provided that the foregoing clauses (i), (ii) and (iii) shall not apply to distributions by the Collateral Agent under Section 9 hereof. The Collateral Account at all times shall be subject to the exclusive dominion and control of the Collateral Agent. Each of the Borrower and each Guarantor hereby pledges, assigns and grants to the Collateral Agent, on behalf of and for the ratable benefit of the Secured Parties, a security interest in all of its right, title and interest in and to the Collateral Account and all funds which may from time to time be on deposit therein to secure the prompt and complete payment and performance of the Secured Obligations.

  • Custody of Collateral The Indenture Trustee shall hold such of the Trust Estate (and any other collateral that may be granted to the Indenture Trustee) as consists of instruments, deposit accounts, negotiable documents, money, goods, letters of credit and advices of credit in the State of New York. The Indenture Trustee shall hold such of the Trust Estate as constitute investment property through the Securities Intermediary (which, as of the date hereof, is U.S. Bank National Association). The initial Securities Intermediary hereby agrees (and each future Securities Intermediary shall agree) with the Indenture Trustee that (a) such investment property (other than cash) shall at all times be credited to a securities account in the name of the Indenture Trustee, (b) the Securities Intermediary shall treat the Indenture Trustee as entitled to exercise the rights that comprise each financial asset credited to such securities account, (c) all property (other than cash) credited to such securities account shall be treated as a financial asset, (d) the Securities Intermediary shall comply with entitlement orders originated by the Indenture Trustee without the further consent of any other Person, (e) the Securities Intermediary will not agree with any Person other than the Indenture Trustee to comply with entitlement orders originated by such other Person, (f) such securities accounts and the property credited thereto shall not be subject to any Lien or right of set-off in favor of the Securities Intermediary or anyone claiming through it (other than the Indenture Trustee) and (g) such agreement shall be governed by the internal laws of the State of New York. Terms used in the preceding sentence that are defined in the UCC and not otherwise defined herein shall have the meaning set forth in the UCC. Except as permitted by this Section 6.15 or elsewhere in this Indenture, the Indenture Trustee shall not hold the Trust Estate through an agent or a nominee.

Time is Money Join Law Insider Premium to draft better contracts faster.