CDS Account definition

CDS Account means the account of the CUSTOMER with the central depository system for government securities (“LankaSecure”) in which the applicable Eligible Securities are held or, as appropriate, are to be held;

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CDS Account means a central depository system securities account established by Bursa Depository for a depositor pursuant to the Securities Industry (Central Depositories) Act 1991 and in accordance with the Rules of the Bursa Depository;

CDS Account means the account established by Bursa Depository for a depositor for the recording of deposit and withdrawal of securities and for dealings in such securities by that depositor of securities

Examples of CDS Account in a sentence

• The DEALER shall be entitled to debit and credit the CUSTOMER’s CDS Account accordingly or obtain a transfer from or make a transfer to the CUSTOMER’s CDS account accordingly..

• The Client/s shall accept the liabilities arising from all authorized transactions executed in the CDS Account of the Client/authorized person(s) (as applicable) by the Investment Advisor.

• The said written authorization provided by the Client/s to the Stockbroker Firm shall clearly include the following; − Name of the Client/s and the CDS Account Number; − Effective Date of the authorization; − Applicable period of the authorization; − Investment objective (short time, long term, trading in any specific industry, any other specifications); and, − Purpose of giving discretion to the Registered Investment Advisor.

• The said written authorization provided by the Client/s to the Stockbroker Firm shall clearly include the following;  Name of the Client/s and the CDS Account Number;  Effective Date of the authorization;  Applicable period of the authorization;  Investment objective (short time, long term, trading in any specific industry, any other specifications); and,  Purpose of giving discretion to the Registered Investment Advisor.

• In the event, the proceeds of a sale of Pledged Securities by the Company under sub-clause 5 of this clause 6.0 are inadequate to meet the Shortfall, the Borrower/Client hereby agrees and undertakes to sell or cause the sale of Securities held in any accounts (other than the CDS Account) maintained by the Borrower/Client with the Company or another stockbroker in the CDS including margin trading accounts and joint accounts and to utilize the proceeds of such sale to meet the Shortfall.

More Definitions of CDS Account

CDS Account means the securities account maintained by a depositor with Bursa Depository.

CDS Account means the securities Account maintained pursuant to Rules of Depository.

CDS Account means the account established by Bursa Depository for a depositor for the recording of deposit of securities and dealings in such securities by that depositor of securities, and “CDS Accounts” shall be construed accordingly.

CDS Account means the account maintained by the Borrower/Client with the Company in the CDS for the purpose of depositing and maintaining the Pledged Securities;

CDS Account means a central depository system securities account established by Bursa Depository for a depositor pursuant to the Securities Industry (Central Depositories) Act 1991 and in accordance with the rules, regulations, guidelines or policies issued by the central depository or Bursa Depository from time to time;

CDS Account means the account established by Bursa Depository for a

CDS Account means the account of the CUSTOMER with the central depository system for government securities (“Lanka Secure”) in which the applicable Eligible Securities are held or, as appropriate, are to be held;