Common use of Delivery of Custody Clause in Contracts

Delivery of Custody. The Licensee has placed in the custody of the Financial Institution the following collateral deposit: (the "Collateral Deposit"). The principal amount of the Collateral Deposit as of , 20 , is $ . The market value of the Collateral Deposit as of , 20 , is $ .

Appears in 3 contracts

Samples: Financial Technology Sandbox Innovator Pledge Agreement, Financial Technology Sandbox Innovator Pledge Agreement, Pledge Agreement

AutoNDA by SimpleDocs

Delivery of Custody. The Licensee has placed in the custody of the Financial Institution the following collateral deposit: (the "Collateral DepositCollateralDeposit"). The principal amount of the Collateral Deposit as of , 20 , is $ . The market value of the Collateral Deposit as of , 20 , is $ .

Appears in 1 contract

Samples: Pledge Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!