Location of Underlying Instruments Clause Samples

The "Location of Underlying Instruments" clause defines where the assets or securities referenced in a contract are held or traded. Typically, this clause specifies the relevant exchange, market, or jurisdiction for the underlying instruments, ensuring all parties are clear about the applicable rules and settlement procedures. By establishing the precise location, the clause helps prevent disputes over regulatory oversight, trading practices, or settlement logistics, thereby ensuring clarity and reducing operational risk.
Location of Underlying Instruments. Subject to Section 7.8, the Underlying Instruments shall remain at all times in the possession of the Collateral Custodian at its offices at ▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇., ▇▇▇▇▇▇▇▇▇▇▇, ▇▇, ▇▇▇▇▇, unless notice of a different address is given in accordance with the terms hereof or unless the Administrative Agent agrees to allow certain Underlying Instruments to be released to the Collateral Manager on a temporary basis in accordance with the terms hereof, except as such Underlying Instruments may be released pursuant to this Agreement.
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Location of Underlying Instruments. Subject to Section 7.8, the Underlying Instruments shall remain at all times in the possession of the Collateral Custodian at the Corporate Trust Office unless notice of a different address is given in accordance with the terms hereof or unless the Administrative Agent agrees to allow certain Underlying Instruments to be released to the Collateral Administrator on a temporary basis in accordance with the terms hereof, except as such Underlying Instruments may be released pursuant to this Agreement.
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Location of Underlying Instruments. Subject to Section 13.8, the Underlying Instruments and the Required Portfolio Asset Documents shall remain at all times in the possession of the Document Custodian unless notice of a different address is given in accordance with the terms hereof or unless the Administrative Agent agrees to allow certain Underlying Instruments and Required Portfolio Asset Documents to be released to the Collateral Manager on a temporary basis in accordance with the terms hereof, except as such Underlying Instruments and Required Portfolio Asset Documents may be released pursuant to this Agreement.
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Location of Underlying Instruments. Subject to Section 13.8, the Underlying Instruments and the Required Portfolio Asset Documents shall remain at all times in the possession of the Document Custodian unless notice of a different address is given in accordance with the terms hereof or unless the Administrative Agent agrees to allow certain Underlying Instruments and Required Portfolio Asset Documents to be released to the Collateral Manager on a temporary basis in accordance with the terms hereof, except as such Underlying Instruments and Required Portfolio Asset Documents may be released pursuant to this Agreement. Section 5.6. Negative Covenants of the Collateral Agent and the Document Custodian. During the Covenant Compliance Period: (a)
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Location of Underlying Instruments. Subject to Section 14.4, the Underlying Instruments shall remain at all times in the possession of the Custodian at the address set forth on Annex A hereto, unless notice of a different address is given in accordance with the -91- USActive 57310676.6USActive 60324964.3 terms hereof or unless the Administrative Agent agrees to allow certain Underlying Instruments to be released to the Collateral Manager on a temporary basis in accordance with the terms hereof, except as such Underlying Instruments may be released pursuant to this Agreement.
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Location of Underlying Instruments. Subject to the Custodial Agreement, the Underlying Instruments shall remain at all times in the possession of the Collateral Custodian at the Corporate Trust Office unless notice of a different address is given in accordance with the terms hereof or unless the Administrative Agent agrees to allow certain Underlying Instruments to be released to the Collateral Administrator on a temporary basis in accordance with the terms hereof, except as such Underlying Instruments may be released pursuant to the Custodial Agreement.
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Location of Underlying Instruments. Subject to Section 14.8 and the other provisions of this Agreement, the Loan Files delivered to the Collateral Custodian shall remain at all times in the possession of the Collateral Custodian at the Custody Facilities unless notice of a different address is given in accordance with the terms hereof or unless the Administrative Agent agrees to allow certain Underlying Instruments to be released to the Collateral Manager on a temporary basis in accordance with the terms hereof, except as such Underlying Instruments may be released pursuant to this Agreement.
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Related to Location of Underlying Instruments

  • Underlying Instruments Notwithstanding any term hereof (or any term of the UCC that might otherwise be construed to be applicable to a “securities intermediary” as defined in the UCC) to the contrary, none of the Collateral Agent nor any Securities Intermediary shall be under any duty or obligation in connection with the acquisition by the Borrower, or the grant by the Borrower of a security interest to the Collateral Agent, of any Loan to examine or evaluate the sufficiency of the documents or instruments delivered to it by or on behalf of the Borrower under the related Underlying Instruments, or otherwise to examine the Underlying Instruments, in order to determine or compel compliance with any applicable requirements of or restrictions on transfer (including without limitation any necessary consents). The Collateral Agent shall hold any Instrument delivered to it evidencing any Loan transferred to the Collateral Agent hereunder as custodial agent for the Secured Parties in accordance with the terms of this Agreement.