Examples of Stock Collateral in a sentence
The Agent's prior recourse to any part or all of the Stock Collateral shall not constitute a condition of any demand, suit or proceeding for payment or collection of any of the Obligations.
The interests assigned as Stock Collateral are subject to no outstanding options, voting trusts, shareholders agreement, or other requirements with respect to such interests.
Upon successful transfer, the Stock Collateral Control Account of the SEOCH Participant or the CCASS GCP, where applicable, in CCASS and the CCMS Collateral Account of the SEOCH Participant will be updated automatically and the securities balance in the CCMS Collateral Account of the SEOCH Participant will be immediately made available for use as securities collateral of the SEOCH Participant.
The USEPA finds Indiana’s recordkeeping and reporting requirements acceptable.
A SEOCH Participant or the CCASS GCP with which a SEOCH Participant has entered into a CCASS Clearing Agreement, must input a transfer instruction via a CCASS terminal to transfer securities from one of its Stock Accounts in CCASS other than the Stock Collateral Control Account to the SEOCH Participant’s CCMS Collateral Account.