Examples of Special Collateral in a sentence
Clients who have a Special Settlement Account (CEL) open may carry out daily via Extranet back office transactions related to the movement of Trust Collateral deposited in the FEGCEL (CEL Special Collateral Fund) , such as:• Collateral payment reports• Collateral withdrawal requests• Cash collateral transfers from their CIM account to their CCL accountAll the other transactions related to movements in the CCL account shall be ordered by the ALyC.
ICG hereby warrants to Xxxxxxx Xxxxx that this notice is lawful and authorized by the Security Agreement (Special Collateral Account) among ICG, ICG Holdings, ICLP and the Administrative Agent.
The Borrower hereby grants the Lender a security interest in the Special Collateral Account and in all amounts now or hereafter in the Special Collateral Account to secure payment of all obligations now or hereafter owing by the Borrower to the Lender.
Beginning in April 1996, cash-secured Bond-Lending Transactions were initiated (☞② ).Cash-secured Bond-Lending Transactions have actively been made for GC transactions and SC (Special Collateral) transactions to procure cash bonds required for unwinding short positions on bonds.
Following the occurrence of an Event of Default, amounts in the Special Collateral Account may be applied by the Lender at any time or from time to time to the obligations now or hereafter owing by the Borrower to the Lender in such order of application as the Lender shall determine in its sole discretion.