Security Intermediary definition

Security Intermediary means (a) a clearing corporation or (b) a Person, including a bank or broker, that in the ordinary course of its business maintains securities accounts for others and is acting in that capacity.
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Security Intermediary means Bank, a Securities Depository and any other financial institution which in the ordinary course of business maintains Securities custody accounts for others and acts in that capacity.
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Security Intermediary means Mellon Bank, N.A.
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Examples of Security Intermediary in a sentence

  • Upon any such termination, the Collateral Agent will, upon receipt of an Officer's Certificate of the Pledgor specifying that the all of the Obligations and all other amounts payable hereunder have been paid in full, cause the Security Intermediary to return to the Pledgor such of the Collateral as shall not have been sold or otherwise applied pursuant to the terms hereof and execute and deliver to the Pledgor such documents as the Pledgor shall reasonably request to evidence such termination.

  • Schedule 6.19 hereto lists all banks, other financial institutions and Securities Intermediaries at which any Credit Party maintains Deposit Accounts and Securities Accounts as of the Closing Date, and Schedule 6.19 hereto correctly identifies the name, address and telephone number of each such financial institution or Security Intermediary, the name in which the account is held, a description of the purpose of the account, and the complete account number therefor.

  • Xxxxxx Title: President JPMORGAN CHASE BANK, as Security Deposit Agent By: /S/Xxxxx Xxxxxxxx Name: Xxxxx Xxxxxxxx Title: Vice President JPMORGAN CHASE BANK, as Security Intermediary By: /S/Xxxxx Xxxxxxxx Name: Xxxxx Xxxxxxxx Title: Vice President CRYSTAL CREEK COALPOWER FUNDING, LLC By: /S/ Xxxxxx X.

  • Security Intermediary is a "securities intermediary" (as that term is defined in Section 8-102(a)(14) of the Code) and is acting in such capacity with respect to the Collateral Account.

  • All Permitted Investments shall be registered in the name of the Security Intermediary for the benefit of the Banks pursuant to this Agreement.

  • The Security Intermediary agrees (i) to maintain the Securities Accounts at its office at Midwest Plaza West Tower, 000 Xxxxxxxx Xxxx, Xxxxx 000, Xxxxxxxxxxx, XX 00000-0000, (ii) not to change the name or account number of the Securities Accounts without the prior written consent of Lender and (iii) to close the Securities Accounts upon the occurrence of the Final Accounts Disbursement pursuant to the Disbursement Agreement.

  • Please acknowledge receipt of this notice by signing below and returning an original to: [Add full address and contact detail] Very truly yours, [ ], as Secured Party By: Name: Title: By: Name: Title: RECEIPT ACKNOWLEDGED ON _____________200______ : DEUTSCHE BANK TRUST COMPANY AMERICAS, as Security Intermediary, By: Name: Title: Schedule 2 Pledgor Authorized Person Name Title Specimen Signature Xxxxx X.

  • If you received a return envelope addressed to your Security Intermediary, please allow sufficient time for your Security Intermediary to process your vote on a Master Ballot before the voting deadline.

  • Any such cash, amounts payable or received by a Counterparty in respect of any Financing Agreement, and any remaining Financing Agreement Securities, not yet delivered to the Collateral Security Intermediary by such Counterparty after the occurrence of the Turnover Date with respect to such Counterparty, shall be held in trust by such Counterparty for the benefit of the Collateral Agent and the other Secured Parties.


More Definitions of Security Intermediary

Security Intermediary means The First National Bank of Chicago, as Securities Intermediary under the Pledge Agreement until a successor Securities Intermediary shall have become such pursuant to the applicable provisions of the Pledge Agreement, and thereafter "Securities Intermediary" shall mean such successor.
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Security Intermediary shall have the meaning set forth in Section 8-102(a)(14) of the UCC.
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Security Intermediary has the meaning provided in Section 1.02.
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Related to Security Intermediary

  • Commodity intermediary means a person that:

  • Security Interest means any mortgage, pledge, lien, encumbrance, charge, or other security interest, other than (a) mechanic's, materialmen's, and similar liens, (b) liens for taxes not yet due and payable or for taxes that the taxpayer is contesting in good faith through appropriate proceedings, (c) purchase money liens and liens securing rental payments under capital lease arrangements, and (d) other liens arising in the Ordinary Course of Business and not incurred in connection with the borrowing of money.

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

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

  • Collateral has the meaning set forth in Section 2.

  • Approved Securities Intermediary means a Securities Intermediary or Commodity Intermediary selected or approved by the Administrative Agent and with respect to which a Grantor has delivered to the Administrative Agent an executed Control Account Agreement.

  • Security Interests means the security interests in the Collateral granted hereunder securing the Secured Obligations.

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

  • Collateral Agent as defined in the preamble hereto.

  • Intermediary means “a person who actively participates in the facilitation of the contract or negotiating the contract, including a broker, adviser, attorney, or representative of or agent for the business entity who:

  • Security Agreement Collateral means all "Collateral" as defined in the Security Agreement.

  • Control Agent has the meaning specified in the Intercreditor Agreement.

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

  • First Priority Lien means any Lien created by the First Priority Security Documents.

  • Secured Party as used in this Annex means only Party B, (b) the term “Pledgor” as used in this Annex means only Party A, (c) only Party A makes the pledge and grant in Paragraph 2, the acknowledgement in the final sentence of Paragraph 8(a) and the representations in Paragraph 9.

  • Trust Collateral Agent means such successor Person.

  • First Priority Liens means all Liens that secure the First Priority Lien Obligations.

  • Permitted Security Interests means (i) any Security Interest for taxes, assessments or governmental charges or levies which relate to obligations not yet due and delinquent, (ii) easements, servitudes, encroachments and other minor imperfections of title which do not, individually or in the aggregate, detract from the value of or impair the use or marketability of any real property, and (iii) undetermined or inchoate Security Interests arising or potentially arising under statutory provisions which have not at the relevant time been filed or registered in accordance with applicable laws or of which written notice has not been given in accordance with applicable laws;

  • Collateral Agency Agreement means that certain Collateral Agency Agreement dated as of the Effective Date among the Collateral Agent, the Administrative Agent and the Term Loan Administrative Agent, as the same may be amended, restated, amended and restated, supplemented or otherwise modified or replaced from time to time.

  • Control Agreements means, collectively, the Deposit Account Control Agreement, the Securities Account Control Agreement and the Commodity Account Control Agreement.

  • Secured Parties means, collectively, the Administrative Agent, the Collateral Agent, the Lenders, the Hedge Banks, the Cash Management Banks, the Supplemental Administrative Agent and each co-agent or sub-agent appointed by the Administrative Agent from time to time pursuant to Section 9.01(c).

  • Permitted Security Interest means any Security Interest:

  • First Priority Secured Parties means the First Priority Representative, the First Priority Creditors and any other holders of the First Priority Obligations.

  • Pledge Agreement Collateral means all "Collateral" as defined in the Pledge Agreement.

  • First Priority means, with respect to any Lien purported to be created in any Collateral pursuant to any Collateral Document, that such Lien is the only Lien to which such Collateral is subject, other than any Permitted Lien.