Securities Intermediaries definition

Securities Intermediaries means, collectively, JPMorgan Chase Bank, acting as securities intermediary under the Collection Account Control Agreement or any successor thereto thereunder and Xxxxx Fargo, acting as securities intermediary under the Reserve Account Control Agreement and the Yield Supplement Account Control Agreement or any successor thereto thereunder.
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Securities Intermediaries has the meaning given to such term in the PPSA;
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Securities Intermediaries means, collectively, each Securities Intermediary under the Control Agreements and “Securities Intermediary” shall mean any of them, as the context requires.
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Examples of Securities Intermediaries in a sentence

  • Fisch, Rethinking the Regulation of Securities Intermediaries, 158 U.

  • Partici- pants can be, and usually are, Securities Intermediaries.In addition, entities such as clearing cor- porations, banks, brokers and dealers can be Securities Intermediaries in a single chain of ownership of a Treasury security.

  • The Administrative Agent may establish one or more other Deposit Accounts and one or more Securities Accounts with such depositaries and Securities Intermediaries as it in its sole discretion shall determine.

  • US Borrower has provided to Agent a list of all banks, other financial institutions and Securities Intermediaries at which US Borrower and any Domestic Guarantor of Payment maintain Deposit Accounts or Securities Accounts as of the Closing Date, which list correctly identifies the name, address and telephone number of each such financial institution or Securities Intermediary, the name in which the account is held, a description of the purpose of the account, and the complete account number therefor.

  • Customer authorizes Bank to hold Financial Assets in omnibus accounts with Securities Depositories and other Securities Intermediaries and will accept delivery of Financial Assets of the same class and denomination as those deposited with Bank.

  • Bank’s records shall identify which Financial Assets are held by Bank and by Securities Depositories and other Securities Intermediaries and the names of such Securities Depositories and other Securities Intermediaries holding such Financial Assets.

  • For pur- poses of these choice of law rules Partici- pants are Securities Intermediaries.

  • The Borrower has provided to the Administrative Agent a list of all banks, other financial institutions and Securities Intermediaries at which any Credit Party maintains Deposit Accounts or Securities Accounts as of the Closing Date, which list correctly identifies the name, address and telephone number of each such financial institution or Securities Intermediary, the name in which the account is held, a description of the purpose of the account, and the complete account number therefor.

  • Institutions maintain- ing a Securities Account with a Federal Re- serve Bank frequently will hold interests in Treasury book-entry securities for their cus- tomers (which can include broker-dealers and other Securities Intermediaries) and in certain cases those customers will hold in- terests in securities for their customers.

  • The Administrative Agent may establish one or more Cash Collateral Accounts with such depositaries and Securities Intermediaries as it in its sole discretion shall determine.


More Definitions of Securities Intermediaries

Securities Intermediaries means, collectively, Chase, acting as securities intermediary under the Collection Account Control Agreement or any successor thereto thereunder and Xxxxx Fargo, acting as securities intermediary under the Reserve Account Control Agreement or any successor thereto thereunder.
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Securities Intermediaries means the Initial Securities Intermediary and any other securities intermediary maintaining any Collateral Account in its capacity as such.
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Securities Intermediaries means the securities intermediaries party to the Control Agreements and "Securities Intermediary" means any of the foregoing.
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Securities Intermediaries means Comerica Bank, a national banking association, and Xxxxxx United Capital, and such other Persons as may from time to time be a "Securities Intermediary" under the Disbursement Agreement.
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Related to Securities Intermediaries

  • Securities Intermediary The meaning specified in Section 8-102(a)(14) of the UCC.

  • Intermediaries has the meaning set forth in Section 3.14(1).

  • Approved Securities Intermediary means a Securities Intermediary or Commodity Intermediary selected or approved by the Administrative Agent.

  • Ocean Transportation Intermediaries ("OTI") shall include an "ocean freight forwarder" and a "non-vessel operating carrier";

  • Securities Entitlement means the rights and property interests of an Entitlement Holder with respect to a Financial Asset as set forth in Part 5 of Article 8 of the Uniform Commercial Code of the State of New York, as the same may be amended from time to time.

  • Securities Accounts (i) shall mean all “securities accounts” as defined in Article 8 of the UCC and (ii) shall include, without limitation, all of the accounts listed on Schedule 4.4(A) under the heading “Securities Accounts” (as such schedule may be amended or supplemented from time to time).

  • Securities Account is any “securities account” as defined in the Code with such additions to such term as may hereafter be made.

  • Commodity intermediary means a person that:

  • Clearing Agent means Clearstream Banking AG, Euroclear Bank S.A., and Clearstream Banking S.A. and such further or alternative clearing agent(s) or clearance system(s) as may be approved by the Issuer from time to time and notified to the Holders in accordance with General Condition 4 (each a “Clearing Agent” and together the “Clearing Agents”);

  • Insured Depository Institution Insured Depository Institution shall have the meaning ascribed to such term by Section 1813(c)(2) of Title 12 of the United States Code, as amended from time to time.

  • Depository Bank means the Institution that issues a specific Depositary Receipt on behalf of the underlying company. The Depository Bank maintains a holding of Stock in the Underlying on which it is able to issue Depositary Receipts;

  • Controlled Securities Account means each securities account (including all financial assets held therein and all certificates and instruments, if any, representing or evidencing such financial assets) that is the subject of an effective Control Agreement.

  • Depositary Bank means the first bank to take an item even though it is also the payor bank, unless the item is presented for immediate payment over the counter.

  • Foreign Securities Depository means a foreign securities clearing system qualifying as an Eligible Securities Depository (as defined in Section (b)(1) of Rule 17f-7 under the 0000 Xxx) that is listed on Schedule B annexed hereto, as amended from time to time pursuant to Section 4.5 hereof.

  • Depository Institution Any depository institution or trust company, including the Trustee, that (a) is incorporated under the laws of the United States of America or any State thereof, (b) is subject to supervision and examination by federal or state banking authorities and (c) has outstanding unsecured commercial paper or other short-term unsecured debt obligations that are rated P-1 by Moody's, F1+ by Fitch and A-1 by Standard & Poor's.

  • Commodities Accounts (i) shall mean all “commodity accounts” as defined in Article 9 of the UCC and (ii) shall include, without limitation, all of the accounts listed on Schedule 4.4 under the heading “Commodities Accounts” (as such schedule may be amended or supplemented from time to time).

  • Securities Account Control Agreement shall have the meaning ascribed thereto in the Sale and Servicing Agreement.

  • Intermediary bank means a bank to which an item is transferred in course of collection except the depositary or payor bank.

  • Financial Intermediary means a financial intermediary as that term is defined in Rule 22c-2.

  • Fiscal Intermediary means any qualified insurance company or other Person that has entered into an ongoing relationship with any Governmental Authority to make payments to payees under Medicare, Medicaid or any other federal, state or local public health care or medical assistance program pursuant to any of the Health Care Laws.

  • Foreign Depository means (a) Euroclear, (b) Clearstream Banking, societe anonyme, (c) each Eligible Securities Depository as defined in Rule 17f-7 under the Investment Company Act of 1940, as amended, identified to the Fund from time to time, and (d) the respective successors and nominees of the foregoing.

  • Controlled Deposit Account means a Deposit Account that is subject to a Deposit Account Control Agreement.

  • Security Entitlements means the rights and property interests of an Entitlement Holder with respect to a Financial Asset.

  • Foreign Clearing Agency means Clearstream and the Euroclear Operator.

  • Security Entitlement The meaning specified in Section 8-102(a)(17) of the UCC.

  • Designated Depository Institution A depository institution (commercial bank, federal savings bank, mutual savings bank or savings and loan association) or trust company (which may include the Trustee), the deposits of which are fully insured by the FDIC to the extent provided by law.