Account Termination definition
Examples of Account Termination in a sentence
If a Margin Account Termination Event is designated or occurs under the Margin Account Agreement, the last day on which the Issuer is required to accept a valid Subscription Order shall be the date of the notice designating such event.
If a Margin Account Termination Event is designated or occurs under the LS Margin Account Agreement, the last day on which the Issuer is required to accept a valid Subscription Order shall be the date of the notice designating such event.
By: Name: Title: Continental Stock Transfer & Trust Company ▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇ ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ Attn: ▇▇▇▇▇▇▇ ▇▇▇▇ & ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Re: Trust Account Termination Letter Dear ▇▇.
The Borrower shall continue to maintain the Reserve Account until the Reserve Account Termination Date.
The Collection Account and the Reserve Account shall be subject at all times (with respect to the Collection Account) or until the Reserve Account Termination Date (with respect to the Reserve Account) to a first-priority perfected security interest in favor of the Collateral Trustee, for the benefit of the Secured Parties, and each such account shall bear a designation clearly indicating that the funds deposited therein are held for the benefit of the Collateral Trustee on behalf of the Secured Parties.
You may rescind this grant of authority, provided that notice is deemed a notice of termination pursuant to Section 15: Account Termination.
We do not exercise this right when the Individual Account value is equal to or less than the amount shown on Contract Schedule I under Individual Account Termination Amount due to investment performance.
You will be personally liable for all Re-registration Fees, Late Fees, Account Termination Fees, and any other fees related to collection of fees, including but not limited to, third party fees incurred.
We may, at our complete and sole discretion, liquidate sufficient asset(s) to cover outstanding fees plus one year’s estimated fees, including the Account Termination Fee, and you agree not to hold us responsible for any adverse consequences that result from our decision.
By: Name: Title: Continental Stock Transfer & Trust Company 1 ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇ ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ Attn: [F▇▇▇▇▇▇ ▇▇▇▇ & C▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇] Re: Trust Account -Termination Letter Dear [M▇.