Examples of Account Provider in a sentence
In connection with such loans, the Securities Account Provider may receive and retain certain benefits to which the Issuer will not be entitled.
In return for the Securities Account Provider agreeing to the extension or maintenance of credit in connection with the Securities Account, the Issuer has agreed that the securities in the Securities Account, together with all attendant rights of ownership, may be the subject of securities lending transactions, whether to the Securities Account Provider or by the Securities Account Provider to third parties.
As indicated, the Service Provider will receive fees from the SDB Account Provider for certain administrative and recordkeeping services it provides to your Plan.
As a consequence, the Collection Foundation has a claim against the relevant Foundation Account Provider, in respect of the balances standing to the credit of the Collection Foundation Accounts.
To establish a short sale, the Portfolio Manager would instruct the Securities Account Provider to borrow a security for the account of the Securities Account and to instruct a sale of that security.