Collateral Account definition

Collateral Account is any Deposit Account, Securities Account, or Commodity Account.

Collateral Account any collateral account established by the Administrative Agent as provided in Section 6.1 or 6.4.

Collateral Account means any collateral account established by the Collateral Agent as provided in Section 5.1 or Section 5.3.

Examples of Collateral Account in a sentence

• The Customer is aware that in the event of his/her non- payment on settlement day against securities bought on his/her account, the Securities Broker may transfer such securities to its Collateral Account under intimation to PSX in the manner as provided in PSX Regulations.

• Interest or profits, if any, on such investments shall accumulate in the Collateral Account.

• Upon submission of an Order, the Company will conduct a review of the Participant’s Collateral Account to ensure that the Participant can fully collateralize the Order prior to entering into any Transaction.

• Collateral posted to such Counterparty Downgrade Collateral Account is solely for the purposes of, and in connection with, collateralising the Swap Agreements.

• If the Participant’s Collateral Account does not have the necessary funds and/or collateral for the Order, the Company will not accept the Order.

More Definitions of Collateral Account

Collateral Account has the meaning specified in the Security Agreement.

Collateral Account means a segregated account so denominated which is specifically allocated to a Series and pledged to the Custodian as security for, and in consideration of, the Custodian's issuance of (a) any Put Option guarantee letter or similar document described in paragraph 8 of Article V herein, or (b) any receipt described in Article V or VIII herein.

Collateral Account is defined in Section 9.4 hereof.

Collateral Account has the meaning assigned to that term in the Collateral Account Agreement.

Collateral Account means the collateral account or sub-account established and maintained by the Collateral Agent in its name as Collateral Agent for the benefit of the Secured Parties, in accordance with the provisions of the Security Agreement.

Collateral Account means any account established by the Collateral Agent.

Collateral Account means a segregated account or accounts established and maintained by the Custodian for the purpose of holding Collateral and Approved Investments, and interest, dividends and other payments and distributions received with respect to Collateral and Approved Investments (“Distributions”). A Collateral Account may include a joint account as permitted by the Securities Lending Guidelines.