Luxembourg Securities Accounts Sample Clauses

Luxembourg Securities Accounts. The following securities account(s) of the Clearing Member with Clearstream Banking S.A., Luxembourg (“CBL”) under Luxembourg law: Creation Securities Account number: (each account specified (if any) a “Luxembourg Pledged Securities Account” for the purposes of granting: ◼ Elementary Proprietary Margin or Elementary Omnibus Margin in accordance with the Value Based Allocation (if applicable), or ◼ Elementary Proprietary Margin in accordance with the Asset Based Allocation (if applicable)) Creation Securities Account number: (each account specified (if any) a “Luxembourg Elementary Omnibus Pledged Securities Account” for the purposes of granting Elementary Omnibus Margin (other than any Omnibus Margin for CASS Transactions) in accordance with the Asset Based Allocation) Creation Securities Account number: (each account specified (if any) a “Luxembourg CASS Net Omnibus Pledged Securities Account” for the purposes of granting Net Omnibus Margin for CASS Transactions in accordance with Chapter I Part 2 Subpart D of the Clearing Conditions) Creation Securities Account number: (each account specified (if any) a “CmaX Pledged Securities Account” for the purposes of granting: ◼ Elementary Proprietary Margin or Elementary Omnibus Margin in accordance with the Value Based Allocation (if applicable), or ◼ Elementary Proprietary Margin in accordance with the Asset Based Allocation (if applicable), in each case by use of the Triparty Collateral Management Service (“CmaX”) of CBL Creation Securities Account number: (each account specified (if any) a “CmaX Elementary Omnibus Pledged Securities Account” for the purposes of granting Elementary Omnibus Margin (other than any Omnibus Margin for CASS Transactions) in accordance with the Asset Based Allocation by use of CmaX) Creation Securities Account number:
Sample 1Sample 2See All (10)
AutoNDA by SimpleDocs
Luxembourg Securities Accounts. The following securities account(s) with Clearstream Banking S.A., Luxembourg (“CBL”) under Luxembourg law:
Sample 1Sample 2Sample 3See All (5)

Related to Luxembourg Securities Accounts

  • Investment of Account Assets a. All contributions to the custodial account shall be invested in the shares of the Provident Trust Mutual Funds, Inc. or, if available, any other series of Provident Trust Mutual Funds, Inc. or other regulated investment companies for which Provident Trust Company serves as Investment Advisor or designates as being eligible for investment. Shares of stock of an Investment Company shall be referred to as “Investment Company Shares”. To the extent that two or more funds are available for investment, contributions shall be invested in accordance with the depositor’s investment election.

  • Deposit Account (a) On or prior to the Closing Date, the Issuer shall cause the Servicer to establish and maintain, in the name of the Indenture Trustee, for the benefit of the Noteholders and the Certificateholders, the Deposit Account as provided in Section 5.01 of the Sale and Servicing Agreement.

  • Accounts Excluded from Financial Accounts The following accounts are excluded from the definition of Financial Accounts and therefore shall not be treated as U.S. Reportable Accounts.

  • What If I Pledge My Account? If you use (pledge) all or part of your Traditional IRA as security for a loan, then the portion so pledged will be treated as if distributed to you and will be taxable to you as ordinary income during the year in which you make such pledge. The 10% penalty tax on early distributions may also apply in addition to ordinary income taxes.

  • Separate Accounts The trustee shall maintain within the trust fund a separate account for each Agricultural Contractor that signs the trust agreement to hold deposits made pursuant to this article.

  • Deposit Accounts Neither Borrower nor any Subsidiary shall maintain any Deposit Accounts, or accounts holding Investment Property, except with respect to which Lender has an Account Control Agreement.

  • Partner Jurisdiction Accounts An account or product that would be excluded from the definition of Financial Account under an Agreement to Improve International Tax Compliance (or similar Arrangement) between the UK and another Jurisdiction (Jurisdiction X) where:

  • Bank Accounts The Custodian shall identify on its books as belonging to the applicable Fund cash (including cash denominated in foreign currencies) deposited with the Custodian. Where the Custodian is unable to maintain, or market practice does not facilitate the maintenance of, cash on the books of the Custodian, a bank account or bank accounts shall be opened and maintained outside the United States on behalf of a Portfolio with a Foreign Sub-Custodian. All accounts referred to in this Section shall be subject only to draft or order by the Custodian (or, if applicable, such Foreign Sub-Custodian) acting pursuant to the terms of this Agreement to hold cash received by or from or for the account of the Portfolio. Cash maintained on the books of the Custodian (including its branches, subsidiaries and affiliates), regardless of currency denomination, is maintained in bank accounts established under, and subject to the laws of, The Commonwealth of Massachusetts.

  • Certificate Account; Security Distributions On or before the issuance of the Lower Tier Classes, Xxxxxx Xxx shall either (i) open with an Eligible Depository one or more trust accounts in the name of the Trustee of the Lower Tier REMIC that shall collectively be the “Certificate Account,” (ii) in lieu of maintaining any such account or accounts, maintain the Certificate Account by means of appropriate entries on its books and records designating all amounts credited thereto in respect of the Mortgage Securities and all investments of any such amounts as being held by it in its capacity as Trustee for the benefit of the Holders of the Lower Tier Classes or (iii) maintain the Certificate Account in the form of any combination of accounts or book entries described in clauses (i) and (ii) above. Any manner or manners in which the Certificate Account is maintained may at any time be changed without notice to, or the approval of, Holders of the Lower Tier Classes so long as funds held in the Lower Tier REMIC by, or for the account of, the Trustee shall at all times be identified. To the extent that the Certificate Account is maintained by the Trustee in the manner provided for in clause (ii) above, all references herein to deposits and withdrawals from the Certificate Account shall be deemed to refer to credits and debits to the related books of the Trustee. Xxxxxx Mae shall deposit in the Certificate Account all Security Distributions received by it as Trustee hereunder. All Security Distributions deposited from time to time in the Certificate Account, all investments made with such moneys, including all income or other gain from such investments, shall be held by the Trustee in the Certificate Account as part of the Lower Tier REMIC as herein provided, subject to withdrawal by Xxxxxx Xxx for the purposes set forth in Section 4.05.

  • Special Accounts 1. For the purposes of this Schedule:

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