Common use of Collateral for Overdrawn amount Clause in Contracts

Collateral for Overdrawn amount. (1) The right of pledge shall be established on the Collateral Deposits and the Collateral Debentures (hereinafter referred to as “Collateral Deposits etc.”) as a security of an overdrawn amount.

Collateral for Overdrawn amount. (1) The right of pledge shall be established on the Collateral Deposits and the Collateral Debentures (hereinafter referred to as “Collateral Deposits etc.”) as a security of an overdrawn amount.