Securities Account definition

Securities Account is any “securities account” as defined in the Code with such additions to such term as may hereafter be made.
Securities Account means the account for dematerialised securities maintained by the CSD pursuant to the Financial Instruments Accounts Act in which (i) an owner of such security is directly registered or (ii) an owner’s holding of securities is registered in the name of a nominee.
Securities Account means a securities account (as that term is defined in the Code).

Examples of Securities Account in a sentence

  • An executed counterpart of each of this Indenture, the Collateral Management Agreement, the Securities Account Control Agreement, the Collateral Administration Agreement and the EU/UK Retention Agreement.


More Definitions of Securities Account

Securities Account. As defined in Section 8-501(a) of the UCC.
Securities Account has the meaning assigned to such term in the UCC.
Securities Account means an account to which a financial asset is or may be credited in accordance with an agreement under which the Person maintaining the account undertakes to treat the Person for whom the account is maintained as entitled to exercise the rights that comprise the financial asset.
Securities Account shall have the meaning set forth in Article 8 of the UCC.
Securities Account shall have the meaning given such term in Section 8-501(a) of the UCC.
Securities Account has the meaning set forth in the Security Agreement.