Lending Account definition

Lending Account means one or more marketplace lending investment accounts established at a Platform in the name of the Custodian for the benefit of the Fund or a Subsidiary.

Lending Account means each of the Securities Accounts set forth in Schedule 4, as that Schedule may be modified from time to time by agreement of the parties.

Lending Account means a Securities Account or Central Securities Account, or a balance in a Securities Account or Central Securities Account, in which a Client places Securities available for lending to the market;

Examples of Lending Account in a sentence

• Home Equity Lending Account Management For home equity loans, account management activities primarily involve monitoring a borrower’s financial condition by periodically obtaining updated credit scores when practical, such as part of a portfolio score refresh activity.

• Determine whether they cover all significant collection activities and are consistent with OCC Bulletin 2000-20, “Uniform Retail Credit Classification and Account Management Policy: Policy Implementation,” and OCC Bulletin 2003-1 “Credit Card Lending: Account Management and Loss Allowance Guidance.” Refer to the checklists in appendixes C and D of this booklet.

• HKSCC shall be entitled at any time to terminate a particular Compulsory Stock Borrowing Transaction in whole or in part and to redeliver the relevant Equivalent Securities to the Lender under that transaction by crediting the Stock Lending Account of the Lender in CCASS.

• Except as otherwise provided in these Regulations, once a Borrowing Request is matched with Eligible Securities in a Participant’s Stock Lending Account in accordance with the Operational Procedures, the relevant Eligible Securities will be debited from that Participant’s Stock Lending Account and credited to HKSCC’s account in CCASS in accordance with the Operational Procedures.

• In addition, sometimes we will use Personal Information to establish a bank Account for settlements relating to your trading account, to create a CHESS Holder Identification Number, to create a Margin Lending Account with third parties.

• Each Participant with a Stock Lending Account shall have the right to bring the course of lending contemplated under these Regulations to an end by giving not less than 15 Business Days’ notice in writing to HKSCC (which notice shall specify the date of termination).

• Eligible Securities held by a Participant other than an Investor Participant in its Stock Lending Account will be available for lending to HKSCC under these Regulations.

• In the event that HKSCC declares a Participant with a Stock Lending Account to be a Defaulter in accordance with the Rules of CCASS, neither HKSCC nor that Participant shall be obliged to make any further payments, deliveries or redeliveries (the “Future Obligations”) under or in respect of any Compulsory Stock Borrowing Transaction which would, but for this section 11 have fallen due for performance on or after the date on which such declaration is made.

• HKSCC acknowledges that each Participant with a Stock Lending Account may notify the Collector of these Regulations and the Compulsory Stock Borrowing Transactions entered into by that Participant pursuant to these Regulations.

• For those receivables whose risks and rewards were not transferred to the debenturesholders, the Company has recorded it as Subordinated Lending Account which is separately presented in the balance sheet.

More Definitions of Lending Account

Lending Account means a Lender’s account with VPS for registering lending of Underlying Instruments;

Lending Account means a Securities Account or Central Securities Account in which a Client places Securities available for lending to the market, or a balance in a Securities Account or Central Securities Account which has been designated by a Client as available for lending to the market;11

Lending Account means an account set up by Transporter in respect of each Lending Transaction for the purposes of recording the Lending Balance, as such balance may be adjusted from time to time in accordance with the terms of this Agreement and the corresponding Lending Transaction.

Lending Account means each of the Securities Accounts set forth in Schedule 4, as that Schedule may be modified from time to time by agreement of the parties. "Letter of Credit", to the extent acceptable to the Lender as Collateral in accordance with Schedule 3 to this Agreement, has the meaning assigned in the applicable MSLA and must be issued by a bank listed on Appendix B to Schedule 3 to this Agreement (as such list may be amended by J.X. Xxxxxx from time to time on notice to the Lender), other than a bank deleted from such list in accordance with Instructions from an Authorized Person.