Delivery of the Financial Instrument and collateral Sample Clauses

Delivery of the Financial Instrument and collateral. The Bank will take reasonable steps to ensure that Financial Instrument purchased on behalf of the Customer can be delivered to the Customer on the Settlement date of a purchase Order according to the Market rules. If all of the Financial Instrument cannot be delivered at that time, the Customer shall accept partial delivery. If the delivery is delayed or incorrect due to fault of the Bank, the Bank is liable to compensate the Customer for any direct loss caused; however, the Bank will not be liable for any indirect or consequential loss, such as loss of income or unobtained yield. Where a sub-custodian is involved in the delivery of a Financial Instrument, the Financial Instrument will be delivered after the sub-custodian has informed the Bank of receipt of the Financial Instrument. If a Financial Instrument subject to a sell Order is not available to the Bank as provided by the Market rules, the Customer must compensate the Bank for any losses and expenses caused by this. The Bank is entitled, without the Customer’s instruction or consent, to cancel an entry related to a Trade made to the Customer’s account, if the Trade was subject to contractual settlement and the Trade cannot be settled for reasons beyond the Bank’s control. The use of Financial Instruments as collateral, and other measures safeguarding settlement as stated in the rules of the relevant clearing house, shall apply. The Bank is authorised by the Customer to take all relevant settlement related actions in accordance with the Market rules, including those related to delivery and payment of Financial Instruments.
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Related to Delivery of the Financial Instrument and collateral

  • Financial Instruments Not applicable

  • Security Instruments (i) The Administrative Agent shall fail to have an Acceptable Security Interest in any portion of the Collateral or (ii) any Security Instrument shall at any time and for any reason cease to create the Lien on the Property purported to be subject to such agreement in accordance with the terms of such agreement, or cease to be in full force and effect, or shall be contested by the Borrower, any Guarantor or any of their respective Subsidiaries;

  • Delivery of Instruments Xxxxxx Xxx shall furnish to each Holder, upon request, copies of this Trust Agreement, without attachments, applicable to the Certificate(s) held by such Holder.

  • Additional Instruments The Member will execute and deliver any document or statement necessary to give effect to the terms of this Agreement or to comply with any law, rule or regulation governing the Company’s formation and activities.

  • CREDIT AND COLLATERAL EXCEPTIONS (1) Within ninety (90) days the Board shall obtain current and satisfactory credit information on all loans lacking such information, including those listed in the XXX, in any subsequent Report of Examination, in any internal or external loan review, or in any listings of loans lacking such information provided to management by the National Bank Examiners at the conclusion of an examination.

  • Collateral The Collateral for this Note includes the Funding Agreement and the Guarantee specified on the face hereof.

  • Special Instructions As used herein, the term "Special Instructions" shall mean Proper Instructions countersigned or confirmed in writing by the Treasurer or any Deputy or Assistant Treasurer of the applicable Fund or any other person designated by the Treasurer of such Fund in writing, which countersignature or confirmation shall be (i) included on the same instrument containing the Proper Instructions or on a separate instrument relating thereto, and (ii) delivered by hand, by facsimile transmission, or in such other manner as the applicable Fund and the Custodian agree in writing.

  • Delivery of Related Documents For each Schedule, Lessee will provide the following documents and information satisfactory to Lessor: (a) Certificate of Acceptance; (b) Opinion of Counsel; (c) proof of self-insurance acceptable to Lessor; (d) Financial Statements; (e) Incumbency Certificate; and (f) Other documents as reasonably required by Lessor.

  • Security Agreement The words "Security Agreement" mean and include without limitation any agreements, promises, covenants, arrangements, understandings or other agreements, whether created by law, contract, or otherwise, evidencing, governing, representing, or creating a Security Interest.

  • Credit Union Lien and Security Interest To the extent you owe the Credit Union money as a borrower, guarantor, indorser or otherwise, the Credit Union has a lien on any or all of the funds in any account in which you have an ownership interest at the Credit Union, regardless of the source of the funds. The Credit Union may apply these funds in any order to pay off your indebtedness without further notice to you. If the Credit Union chooses not to enforce its lien, the Credit Union does not waive its right to enforce the lien at a later time. In addition, you grant the Credit Union a consensual security interest in your accounts and agree the Credit Union may use the funds from your accounts to pay any debt or amount owed the Credit Union, except obligations secured by your dwelling, unless prohibited by applicable law. All accounts are nonassignable and nontransferable to third parties.

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