Common use of Form of Securities, Instruments, etc Clause in Contracts

Form of Securities, Instruments, etc. All securities and other Financial Assets standing to the credit of an Account (other than Cash) that are in registered form or that are payable to or to order shall be (a) registered in the name of, or payable to or to the order of, the Intermediary, (b) indorsed to or to the order of the Intermediary or in blank or (c) credited to another securities account maintained in the name of the Intermediary; and in no case will any Financial Asset standing to the credit of an Account be registered in the name of, or payable to or to the order of, the Debtor or indorsed to or to the order of the Debtor, except to the extent the foregoing have been specially indorsed to or to the order of the Intermediary or in blank.

Form of Securities, Instruments, etc. All securities and other Financial Assets standing to the credit of an Account (other than Cash) cash that are in registered form or that are payable to or to order shall be (a) registered in the name of, or payable to or to the order of, the Intermediary, (b) indorsed to or to the order of the Intermediary or in blank or (c) credited to another securities account maintained in the name of the Intermediary; and in no case will any Financial Asset standing to the credit of an Account be registered in the name of, or payable to or to the order of, the Debtor or indorsed to or to the order of the Debtor, except to the extent the foregoing have been specially indorsed to or to the order of the Intermediary or in blank.

Form of Securities, Instruments, etc. All securities and other Financial Assets standing financial assets credited to any of the credit of an Account (other than Cash) Accounts that are in registered form or that are payable to or to the order of shall be (ai) registered in the name of, or payable to or to the order of, the Intermediary, (bii) indorsed to or to the order of the Intermediary or in blank or (ciii) credited to another securities account maintained in the name of the Intermediary; and in no case will any Financial Asset standing financial asset credited to any of the credit of an Account Accounts be registered in the name of, or payable to or to the order of, the Debtor Issuer or indorsed to or to the order of the DebtorIssuer, except to the extent the foregoing have been specially indorsed to or to the order of the Intermediary or in blank.