DETERMINATION OF THE GUARANTEED SECURITIES AND FINANCIAL INSTRUMENTS Sample Clauses

DETERMINATION OF THE GUARANTEED SECURITIES AND FINANCIAL INSTRUMENTS. 6.1 Without the need for any formality, and notwithstanding any obligation of the Guaranteed Entities necessary for the implementation of the Guarantee, the Guarantee shall cover any Security or Financial Instrument initially issued to Third Party Beneficiaries, which meet the criteria set out in Appendix 2 of the Agreement. It is expressly agreed, moreover, that the Guarantee shall continue to apply to the Securities or Financial Instruments, under the same conditions and within the same limits, notwithstanding their sale or transfer to any other Third Party Beneficiary or Security Holder. Consequently, Security Holders may also make a Guarantee Call under the conditions provided in this Agreement. Notwithstanding Articles 6.2, 6.3, 6.4, 16.2 and 17.2, Securities and Financial Instruments with no fixed maturity cease to be guaranteed on 31 October 2010 inclusive.
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DETERMINATION OF THE GUARANTEED SECURITIES AND FINANCIAL INSTRUMENTS. 6.1 Without the need for any formality, and notwithstanding any obligation of the Guaranteed Entities necessary for the implementation of the Guarantee, the Guarantee shall cover any Security or Financial Instrument initially issued to Third Party Beneficiaries, which meet the criteria set out in Appendix 2 of the Agreement, matures at the latest on 31 October 2011 inclusive, and is issued by one of the Guaranteed Entities between 9 October 2008 inclusive and 31 October 2009 inclusive. It is expressly agreed, moreover, that the Guarantee shall continue to apply to the Securities or Financial Instruments, under the same conditions and within the same limits, notwithstanding their sale or transfer to any other Third Party Beneficiary or Security Holder. Consequently, Security Holders may also make a Guarantee Call under the conditions provided in this Agreement. Notwithstanding Articles 6.2, 6.3, 6.4, 17.2 and 18.2, Securities and Financial Instruments with no fixed maturity cease to be guaranteed on 31 October 2009 inclusive.
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Related to DETERMINATION OF THE GUARANTEED SECURITIES AND FINANCIAL INSTRUMENTS

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  • 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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