Common use of Securing Deposit Clause in Contracts

Securing Deposit. A. The Escrow Bank may cause the Federal Securities accounted for in the Escrow Account to be registered in the name of the Agency for payment, if they are registrable for payment, and in such event shall obtain the necessary endorsements from the duly authorized officials of the Agency as they become due.

Securing Deposit. A. A. The Escrow Bank may cause the Federal Securities accounted for in the Escrow Account to be registered in the name of the Agency City for payment, if they are registrable for payment, and in such event shall obtain the necessary endorsements from the duly authorized officials of the Agency City as they become due.

Securing Deposit. A. (a) The Escrow Bank may shall cause the any Federal Securities accounted for held by it in the Escrow Account Accounts to be registered in the name of the Agency Board for payment, if they are registrable for payment, and in such event shall obtain the necessary endorsements from the duly authorized officials officers of the Agency Board as they become due.

Securing Deposit. A. The Escrow Bank may cause the Federal Securities accounted for in the Escrow Account to be registered in the name of the Agency City for payment, if they are registrable for payment, and in such event shall obtain the necessary endorsements from the duly authorized officials of the Agency City as they become due.