Commodities Intermediary definition
Commodities Intermediary each shall have the meaning set forth in the Code.
Commodities Intermediary means "commodities intermediary," as such term is defined in the UCC.
Commodities Intermediary shall have the meaning assigned to such term in Section 9-102 of the New York UCC.
Examples of Commodities Intermediary in a sentence
Upon the occurrence and during the continuance of an Event of Default, the Administrative Agent shall, upon direction from the Requisite Lenders, notify the Collateral Agent to notify any bank or Securities Intermediary or Commodities Intermediary to liquidate the applicable Pledged Account or any related investment property maintained or held thereby and remit the proceeds thereof to the Collection Account for application in accordance with the Priority of Payments.
More Definitions of Commodities Intermediary
Commodities Intermediary. “Commodity Account” “Control Account” “Deposit Account” “Equipment” “Financial Asset” “Fixtures” “Goods” “Instruments” “Inventory” “Investment Property” “Securities Account” “Securities Intermediary” “Security” “Security Entitlement” “Supporting Obligation” “Uncertificated Security”