CFO definition
Examples of CFO in a sentence
The collateral shall be released subject to redeposit in the new account with a pledge to the CFO intact.
The collateral shall be released subject to redeposit at the new Custodian with a pledge to the CFO intact.
These include, but are not limited to, liquidating all collateral and submitting the proceeds directly to the CFO in the name of the CFO only or transferring all collateral into an account designated solely by the CFO.
A substitution transaction of eligible collateral may be made without prior approval from the CFO provided: security types that have restrictions have been approved in advance of the transaction by the CFO; the market value of the securities to be substituted is at least equal to the market value amount of the securities to be withdrawn; simultaneous notification is given to the CFO; and the Custodian has not received notice from the CFO prohibiting substitution.
The Pledgor acknowledges that the CFO may, without notice to or consent by the Pledgor, require the Custodian to hold principal payments and income for the benefit of the CFO.