Common use of Excess Collateral Clause in Contracts

Excess Collateral. Upon the request of Customer, Broker shall advise Bank and Customer of any excess of Collateral in the Special Custody Account. Such excess shall at Customer's request be transferred from the Special Custody Account to Customer upon Bank's receipt of Advice from Broker.

Appears in 1 contract

Samples: Special Custody Account Agreement (Puget Sound Alternative Investment Series Trust)

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Excess Collateral. Upon the request of Customer, Broker shall advise Bank and Customer of any excess of Collateral in the Special Custody Account. Such excess shall at Customer's request be transferred from the Special Custody Account to Customer therefrom upon Bank's receipt of Advice from Broker.

Appears in 1 contract

Samples: Special Custody Account Agreement (Olstein Funds)

Excess Collateral. Upon the request of Customer, Broker shall advise Bank and Customer of any excess of Collateral in the Special Custody Account. Such excess exces shall at Customer's request be transferred from the Special Custody Account to Customer therefrom upon Bank's receipt of Advice from Broker.

Appears in 1 contract

Samples: Special Custody Account Agreement (Olstein Funds)

Excess Collateral. Upon the request of Customer, Broker shall advise Bank and Customer of any excess of Collateral in the Special Custody Account. Such excess shall at Customer's request be transferred from the Special Custody Account to Customer therefrom upon Bank's receipt of Advice from Broker, which Advice shall not be unreasonably withheld.

Appears in 1 contract

Samples: Special Custody Account Agreement (Olstein Funds)

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Excess Collateral. Upon the request of Customer, Broker shall advise Advise Bank and Customer of any excess of Collateral in the Special Custody AccountAccount in excess of that which is necessary to constitute Adequate Margin (any such excess to be referred to hereinafter as "Excess Collateral"). Such excess Upon the request of Customer and Bank's receipt of an Advice from Broker confirming the presence of any Excess Collateral, such Excess Collateral shall at Customer's request be transferred from the Special Custody Account to an account of Customer upon at Bank's receipt of Advice from Broker.

Appears in 1 contract

Samples: Special Custody Account Agreement (Undiscovered Managers Funds)

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