Securities Lending Account definition

Securities Lending Account means the Account which CGS-CIMB has designated as the account through which the Client lends Securities to CGS-CIMB;
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Securities Lending Account means the interest bearing account in the name of the Issuer and held with the Custodian into which all the Securities Lending Collateral is to be deposited.
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Securities Lending Account means the interest bearing account of the Issuer with the Custodian into which all Securities Lending Collateral is to be deposited;
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Examples of Securities Lending Account in a sentence

  • All Securities Lending Collateral deposited from time to time in any Securities Lending Account shall be held pursuant to the related Securities Lending Agreement.

  • References to any of the accounts listed above are to those accounts applicable to the Notes of one Series only, and shall be construed accordingly.The Custody Account, the Securities Lending Account, the Synthetic Collateral Account and the Counterparty Downgrade Collateral Account shall be established by the Issuer on the applicable Issue Date with the Custodian in relation to each Series of Notes.

  • Each loan of Collateral Debt Securities pursuant to a Securities Lending Agreement will be required to be secured by Securities Lending Collateral deposited by the applicable Securities Lending Counterparty into the Securities Lending Account.

  • With respect to securities held in a Securities Lending Account and not out on loan, Subcustodian shall detach and present for payment all coupons and other income and principal items requiring presentation as and when they become due, shall collect dividends and interest when due on securities, and shall endorse and deposit for collection, in the name of the Investment Trust, checks, drafts, and other negotiable instruments on the same day as received.

  • All securities received as Collateral in connection with loans of securities or investments of Cash Collateral may be held in the Securities Lending Account established for the particular Fund of The One Group or commingled in a collateral account established for the Securities Lending Program.

  • Subcustodian shall collect all income, principal, and other payments with respect to registered securities held in the Securities Lending Account and not out on loan to which the Principal shall be entitled by law or pursuant to custom in the securities business, and shall collect all income and principal and other payments with respect to bearer securities if, on the date of payment by the issuer, such securities are held by Subcustodian in the Securities Lending Account and not out on loan.

  • Subcustodian shall wire transfer to the Custodian daily by 4:30 p.m. Eastern Standard Time in immediately available funds, all net payments actually collected with respect to the securities held in the Securities Lending Account.

  • Subcustodian shall only be responsible for custody hereunder of securities actually delivered to it and then only while they are held in and as a part of a Securities Lending Account and not subject to a loan.

  • Subcustodian shall only be responsible for custody of securities actually delivered to it and then only while they are held in and as a part of the Securities Lending Account and not subject to a loan.

  • The Custody Accounts, the Counterparty Downgrade Collateral Account, the Securities Lending Account and Synthetic Collateral Account shall be established by the Issuer on the Closing Date withthe Custodian.


More Definitions of Securities Lending Account

Securities Lending Account means the interest bearing account described as such in the name of the Issuer with the Custodian into which all Securities Lending Collateral is to be deposited in accordance with Condition 3(i)(viii) (Securities Lending Account).
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Securities Lending Account means the interest bearing account of the Issuer with the Custodian (or any sub-account thereof) into which Securities Lending Collateral is to be deposited.
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Securities Lending Account means the Securities Lending Cash Account and/or the Securities Lending Custody Account, as applicable.
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Securities Lending Account means the interest-bearing account of the Issuer with the Custodian (or any further or other account so named, or any linked account thereof or redesignated account, in each case with the Custodian) into which all Securities Lending Collateral is to be deposited.
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Related to Securities Lending Account

  • Securities lending or "securities borrowing" means a transaction by which a counterparty transfers securities subject to a commitment that the borrower will return equivalent securities on a future date or when requested to do so by the transferor, that transaction being considered as securities lending for the counterparty transferring the securities and being considered as securities borrowing for the counterparty to which they are transferred;

  • Securities Lending Agreement means an agreement under which a local agency agrees to transfer securities to a borrower who, in turn, agrees to provide collateral to the local agency. During the term of the agreement, both the securities and the collateral are held by a third party. At the conclusion of the agreement, the securities are transferred back to the local agency in return for the collateral.

  • securities lending transactions means transactions whereby a Sub-Fund lends its Securities to a security-borrowing counterparty for an agreed fee.

  • Investment Account As defined in Section 3.12(a).

  • Principal Funding Account Investment Proceeds shall have the meaning specified in subsection 4.03(a)(ii).

  • Principal Funding Account shall have the meaning specified in subsection 4.03(a)(i).

  • Funding Account has the meaning assigned to such term in Section 4.01(h).

  • Holding Account means an account:

  • Designated Deposit Account is Borrower’s deposit account, account number , maintained with Bank.

  • Note Account As defined in the Indenture.

  • Pre-Funding Account means the account designated as the Pre-Funding Account in, and which is established and maintained pursuant to Section 7.07.

  • 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.

  • Trading Account means the unique personified register of all completed transactions, open positions, orders and nontrading operations on the trading platform.

  • Facility LC Collateral Account is defined in Section 2.20.11.

  • Joint Trading Account shall have the meaning set forth in the preamble of this Agreement.

  • Liquidity Account Investments means Deposit Securities or any other security or investment owned by the Fund that is rated not less than A3 by Moody’s, A- by Standard & Poor’s, A- by Fitch or an equivalent rating by any other NRSRO (or any such rating’s future equivalent) or if not rated, determined by the Adviser to be of comparable quality.

  • Liquidity Reserve Account shall have the meaning set forth in Section 8.2(A)(iii).

  • Funding Accounts has the meaning assigned to such term in Section 4.01(h).

  • Investment Accounts means the Collateral Account, Securities Accounts, Commodities Accounts and Deposit Accounts.

  • Interest Funding Account shall have the meaning specified in subsection 4.2(b).

  • Designated Disbursement Account means the account of the Borrower maintained with the Administrative Agent or its Affiliate and designated in writing to the Administrative Agent as the Borrower’s Designated Disbursement Account (or such other account as the Borrower and the Administrative Agent may otherwise agree).

  • Controlled Disbursement Account means any accounts of the Borrowers maintained with the Administrative Agent as a zero balance, cash management account pursuant to and under any agreement between a Borrower and the Administrative Agent, as modified and amended from time to time, and through which all disbursements of a Borrower, any other Loan Party and any designated Subsidiary of a Borrower are made and settled on a daily basis with no uninvested balance remaining overnight.

  • Principal Funding Account Balance means, with respect to any date of determination during the Controlled Accumulation Period, the principal amount, if any, on deposit in the Principal Funding Account on such date of determination.

  • Securities Loan Fee means the amount payable by a Borrower to Bank pursuant to the Securities Borrowing Agreement in connection with Loans collateralized by Collateral other than Cash Collateral.

  • Reserve Account Funding Date means the Distribution Date which occurs not later than the earliest of (a) the Distribution Date with respect to the Monthly Period that commences not later than three months prior to the Distribution Date with respect to the first Monthly Period in the Controlled Accumulation Period, (b) in the event that the average Excess Spread Percentage for any three consecutive Monthly Periods ending in the May 2023 Monthly Period or any Monthly Period thereafter is less than 2%, the Distribution Date with respect to such Monthly Period, (c) in the event that the average Excess Spread Percentage for any three consecutive Monthly Periods ending in the November 2023 Monthly Period or any Monthly Period thereafter is less than 3%, the Distribution Date with respect to such Monthly Period and (d) such earlier Distribution Date as the Transferor may determine by written notice to the Trustee and the Servicer. For this purpose, the “Excess Spread Percentage” for any Monthly Period shall be equal to the Series Adjusted Portfolio Yield for such Monthly Period minus the Base Rate for such Monthly Period.

  • Administration Account As defined in Section 7.02.