Common use of Termination of PB Terms Clause in Contracts

Termination of PB Terms. BNPP PB may terminate the PB Terms at any time for any reason by giving notice of termination to Customer. In the event of such termination, BNPP PB continues to have its rights under the SEC Letter to cease the clearance and settlement of any transactions for Customer executed but not settled prior to such notice of termination. The PB Terms shall terminate immediately upon the termination of the Account Agreement. Exhibit C to U.S. PB Agreement — Rehypothecation Agreement This Exhibit C (the "Rehypothecation Agreement") is entered into between Customer and BNP PARIBAS SECURITIES CORP ("BNPP PB"), on behalf of itself and as agent for the BNPP Entities. This Rehypothecation Agreement is incorporated as an exhibit to the U.S. PB Agreement (the "Agreement"). Certain capitalized terms used in this Rehypothecation Agreement are defined in the Account Agreement.

Appears in 1 contract

Samples: Account Agreement (Guggenheim Credit Allocation Fund)

AutoNDA by SimpleDocs

Termination of PB Terms. BNPP PB may terminate the PB Terms at any time for any reason by giving notice of termination to Customer. In the event of such termination, BNPP PB continues to have its rights under the SEC Letter to cease the clearance and settlement of any transactions for Customer executed but not settled prior to such notice of termination. The PB Terms shall terminate immediately upon the termination of the Account Agreement. Exhibit C to U.S. PB Agreement Rehypothecation Agreement This Exhibit C (the "Rehypothecation Agreement") is entered into between Customer and BNP PARIBAS SECURITIES CORP CORP. ("BNPP PB"), on behalf of itself and as agent for the BNPP Entities. This Rehypothecation Agreement is incorporated as an exhibit to the U.S. PB Agreement (the "Agreement"). Certain capitalized terms used in this Rehypothecation Agreement are defined in the Account Agreement.

Appears in 1 contract

Samples: Pb Agreement (Fiduciary/Claymore Energy Infrastructure Fund)

Termination of PB Terms. BNPP PB may terminate the PB Terms at any time for any reason by giving notice of termination to CustomerCustomer in accordance with the Account Agreement. In the event of such termination, BNPP PB continues to have its rights under the SEC Letter to cease the clearance and settlement of any transactions for Customer executed but not settled prior to such notice of termination. The PB Terms shall terminate immediately upon the termination of the Account Agreement. Exhibit C to U.S. PB Agreement — Rehypothecation Agreement This Exhibit C (the "Rehypothecation Agreement") is entered into between Customer and BNP PARIBAS SECURITIES CORP PRIME BROKERAGE, INC. ("BNPP PB"), on behalf of itself and as agent for the BNPP Entities. This Rehypothecation Agreement is incorporated as an exhibit to the U.S. PB Agreement (the "Agreement"). Certain capitalized terms used in this Rehypothecation Agreement are defined in the Account Agreement.

Appears in 1 contract

Samples: Account Agreement (NexPoint Capital, Inc.)

AutoNDA by SimpleDocs

Termination of PB Terms. BNPP PB may terminate the PB Terms at any time for any reason by giving notice of termination to CustomerCustomer in accordance with the Account Agreement. In the event of such termination, BNPP PB continues to have its rights under the SEC Letter to cease the clearance and settlement of any transactions for Customer executed but not settled prior to such notice of termination. The PB Terms shall terminate immediately upon the termination of the Account Agreement. Exhibit C to U.S. PB Agreement — Rehypothecation Agreement This Exhibit C (the "Rehypothecation Agreement") is entered into between Customer and BNP PARIBAS SECURITIES CORP CORP. ("BNPP PB"), on behalf of itself and as agent for the BNPP Entities. This Rehypothecation Agreement is incorporated as an exhibit to the U.S. PB Agreement (the "Agreement"). Certain capitalized terms used in this Rehypothecation Agreement are defined in the Account Agreement.

Appears in 1 contract

Samples: Account Agreement (Nexpoint Real Estate Strategies Fund)

Time is Money Join Law Insider Premium to draft better contracts faster.