Entitlement Holder definition

Entitlement Holder shall have the meaning specified in Section 8-102 of the UCC.

Entitlement Holder means, with respect to any financial asset, a Person identified in the records of the Securities Intermediary as the Person having a Security Entitlement against the Securities Intermediary with respect to such financial asset.

Entitlement Holder means the person named on the records of a Securities Intermediary as the person having a Securities Entitlement against the Securities Intermediary.

Examples of Entitlement Holder in a sentence

• The Current Spread Reserve Account will be established pursuant to the Current Spread Reserve Account Control Agreement with respect to which Purchaser is an Entitlement Holder with Control.

• The Third Party Controlled Current Spread Custodial Account will be established pursuant to the Current Spread Custodial Account Control Agreement with respect to which Purchaser is an Entitlement Holder with Control.

• The Third Party Controlled Future Spread Custodial Account will be established pursuant to the Future Spread Custodial Account Control Agreement with respect to which Purchaser is an Entitlement Holder with Control.

• The Future Spread Reserve Account will be established pursuant to the Future Spread Reserve Account Control Agreement with respect to which Purchaser is an Entitlement Holder with Control.

• Thus, a person can be both a Securities Intermediary and an Entitlement Holder.

More Definitions of Entitlement Holder

Entitlement Holder. Has the meaning given such term in Section 8-102(a)(7) of the New York UCC.

Entitlement Holder means a Person identified in the records of a Securities Intermediary as the Person having a Security Entitlement against the Securities Intermediary. If a Person acquires a Security Entitlement by virtue of Section 8-501(b)(2) or (3) of the UCC, such Person is the Entitlement Holder.

Entitlement Holder has the meaning given to such term in the UCC.

Entitlement Holder means a person identified in the records of a securities intermediary as the person having a security entitlement against the securities intermediary. If a person acquires a security entitlement under section 8501(2)(b) or (c), that person is the entitlement holder.

Entitlement Holder. “Financial Asset”, “Instruction”, “Securities Account”, “Security”, “Security Certificate”, “Security Entitlement” and “Uncertificated Security” have the respective meanings set forth in Article 8 of the NYUCC.

Entitlement Holder means a person to whose account an interest in a book- entry security is credited on the records of a securities intermediary.

Entitlement Holder. “Entitlement Order” “Equipment” “Financial Asset” “General Intangibles” “Goods” “Instruments” “Inventory” “Investment Property” “Letter-of-Credit Right” “Proceeds” “Securities Account” “Securities Intermediary” “Security” “Security Entitlement” “Supporting Obligation”