Collateral Calls for CNS Funds. NSCC shall contact the applicable Authorized Participant and request the Authorized Participant to post additional collateral on any business day when the collateral posted is less than the Required Collateral Amount. Any call for additional collateral by NSCC shall be in NSCC’s sole discretion. The Custodian will not be required to call for additional collateral. The Authorized Participant must post 100% of such additional collateral to the relevant Account by CNS money movement. The Custodian will verify that the correct amount of additional collateral was timely received.
Appears in 4 contracts
Samples: Global Custodial and Agency Services Agreement (ETF Opportunities Trust), Global Custodial and Agency Services Agreement (Emles Trust), Global Custodial and Agency Services Agreement (ETF Opportunities Trust)
Collateral Calls for CNS Funds. NSCC shall contact the applicable Authorized Participant and request the Authorized Participant to post additional collateral on any business day when the collateral posted is less than the Required Collateral Amount. Any call for additional collateral by NSCC shall be in NSCC’s sole discretion. The Custodian will not be required to call for additional collateral. The Authorized Authorize Participant must post 100% of such additional collateral to the relevant Account by CNS money movement. The Custodian will verify that the correct amount of additional collateral was timely received.
Appears in 3 contracts
Samples: Global Custodial and Agency Services Agreement (Timothy Plan), Global Custodial and Agency Services Agreement (EntrepreneurShares Series Trust), Victory Portfolios II
Collateral Calls for CNS Funds. NSCC shall contact the applicable Authorized Participant and request the Authorized Participant to post additional collateral on any business day when the collateral posted is less than the Required Collateral Amount. Any call for additional collateral by NSCC shall be in NSCC’s sole discretion. The Custodian Citi will not be required to call for additional collateral. The Authorized Authorize Participant must post 100% of such additional collateral to the relevant Account by CNS money movement. The Custodian Citi will verify that the correct amount of additional collateral was timely received.
Appears in 1 contract
Samples: Custodial and Agency Services Agreement (Horizons ETF Trust)
