Participant’s Security Account definition

Participant’s Security Account shall have the meaning given such term in Section 615.5450 of the Farm Credit Bank Regulations with respect to Book-entry Farm Credit Securities; Section 912.1 of the Federal Home Loan Bank Regulations with respect to Book- entry Federal Home Loan Bank Securities; Section 1511.1 of the Resolution Funding Corporation Regulations with respect to Book-entry Funding Corporation Securities; Section
View Source

Examples of Participant’s Security Account in a sentence

  • Interest earned on the Security Account shall be proportionately credited to the Participants in accordance with the balances in each Participant’s Security Account.

  • In connection with each such assignment, any reduction in an Allocating Financial Participant’s Security Account requirements shall be credited back to the Allocating Participant in accordance with Section 5.3.2 of the Exhibit C Agreement and Section 5 of this Financial Addendum and the new Financial Participant shall immediately be required to satisfy such requirements by funding its own Security Account.

  • Prior to executing a Financial Transaction, NCPA’s Chief Financial Officer, or designee, will notify each subscribing Financial Participant Exhibit C of the necessary amount to be funded in such Financial Participant’s Security Account by inserting such amount in the relevant portion of the Financial Transaction Confirmation.

Related to Participant’s Security Account

  • Security Account “Software”, “Supporting Obligations” and “Uncertificated Securities”.

  • Senior Security Account means an account maintained and specifically allocated to a Series under the terms of this Agreement as a segregated account, by recordation or otherwise, within the custody account in which certain Securities and/or other assets of the Fund specifically allocated to such Series shall be deposited and withdrawn from time to time in accordance with Certificates received by the Custodian in connection with such transactions as the Fund may from time to time determine.

  • Maturity Account means an account or accounts required to be established by the Corporation (and which shall be maintained by and subject to the control of the Trustee) for each series of Debentures issued pursuant to and in accordance with this Indenture;

  • Individual retirement account means an individual retirement account under Section 408 of the Code, a Roth IRA under Section 408A of the Code, a simplified employee pension under Section 408(k) of the Code or a simple retirement account for employees under Section 408(p) of the Code.

  • Retirement Accounts has the meaning ascribed thereto in Section 2.1(F)(7) hereof.