Segregation of Purchased Securities. To the extent required by applicable law, all Purchased Securities in the possession of Bank shall be segregated from other securities in its possession and shall be identified as subject to this Agreement. Segregation may be accomplished by appropriate identification of Xxxxxxxx’s ownership on the books and records of the holder, including a financial intermediary or a clearing corporation.
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Samples: Master Services Agreement
Segregation of Purchased Securities. To the extent required by applicable law, all Purchased Securities in the possession of Bank Seller shall be segregated from other securities in its possession and shall be identified as subject to this Agreement. Segregation may be accomplished by appropriate identification of Xxxxxxxx’s ownership on the books and records of the holder, including a financial intermediary or a clearing corporation.identification
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Samples: Master Repurchase Agreement (Altisource Residential Corp)
Segregation of Purchased Securities. To the extent required by applicable law, all Purchased Securities in the possession of Bank Seller shall be segregated from other securities in its possession and shall be identified as subject to this Agreement. Segregation may be accomplished by appropriate identification of Xxxxxxxx’s ownership on the books and records of the holder, including a financial intermediary or a clearing corporationsecurities custodian. All of Seller’s interest in the Purchased Securities shall pass to Buyer on the Purchase Date.
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Samples: Master Repurchase Agreement
Segregation of Purchased Securities. To the extent required by applicable law, all Purchased Securities in the possession of Bank shall be segregated from other securities in its possession and shall be identified as subject to this Agreement. Segregation may be accomplished by appropriate identification of XxxxxxxxCustomer’s ownership on the books and records of the holder, including a financial intermediary or a clearing corporation.
Appears in 1 contract
Samples: Master Services Agreement
Segregation of Purchased Securities. To the extent required by applicable lawApplicable Laws, all Purchased Securities in the possession of Bank Seller shall be segregated from other securities in its possession and shall be identified as subject to this Agreementa Transaction. Segregation may be accomplished by appropriate identification of Xxxxxxxx’s ownership on the books and records of the holder, including a financial intermediary or securities intermediary, custodian or a clearing corporation.
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