Examples of Secured Party Representative in a sentence
All fees, costs, expenses or other amounts due by the Chargor or the Secured Party Representative to Euroclear Bank in relation with the Pledged Accounts and/or under the CSA shall be debited from a cash account in the name of the Chargor or in the name of the Secured Party Representative (respectively) in the Euroclear System and shall not be debited from the Pledged Cash Account.
A copy of such certificate or notice shall be delivered promptly by the Collateral Trustee to Citizens and each other Secured Party Representative and, in any case, except as provided in Section 11.07 with respect to notices delivered thereunder which shall be delivered within the time periods provided therein, within five Business Days following delivery thereof to the Collateral Trustee.
The Secured Party (Bénéficiaire) has agreed to appoint [the Secured Party Representative / Euroclear Bank]4 (as defined in the Euroclear Securities Pledge Agreement) as Custodian (IM) (Teneur de Compte (MI)) (as defined in the Master Pledge Agreement (IM)) pursuant to the Master Pledge Agreement (IM).
The Secured Party Representative hereby accepts such appointment and agrees to hold the Pledged Assets as security interest in its own name but for the account of the Secured Party and to act only in accordance with (i) any notice or instruction given by the Chargor or the Secured Party pursuant to the Master Pledge Agreement (IM) and (ii) this Agreement, the SPPA and the CSA.
The Secured Party Representative agrees to act as representative of the Secured Party on the terms set out in this Agreement.