Customer Securities Standing Authority definition

Customer Securities Standing Authority means the customer securities standing authority granted by the Customer to the Company in the terms set out in Clause 5 as amended from time to time.
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Examples of Customer Securities Standing Authority in a sentence

  • If the Customer does not agree to provide such Customer Securities Standing Authority at the time of entering into this Margin Client Agreement, the Customer shall submit a written notice to the Company together with the Customer’s completed account opening form which indicates clearly that the Customer does not agree to give such Customer Securities Standing Authority to the Company.

  • Such Customer Securities Standing Authority shall be deemed to be renewed (i.e. without the Customer’s further consent) if the Company issues the Customer a reminder at least 14 days prior to the expiry of the authority and the Customer does not object to such deemed renewal before the expiry date of the then existing authority.

  • If the Customer sign and give the Customer Securities Standing Authority set out under Clause 5 of Schedule 5 and the Customer’s Securities or securities collateral are lent to or deposited with third parties, those third parties will have lien or charge on the Customer’s Securities or securities collateral.

  • The Customer has the discretion not to give the Customer Securities Standing Authority set out under Clause 5 of Schedule 5 by giving a written notice to the Company in the circumstances provided for under either Clause 5.1 or Clause 5.7 of Schedule 5.

  • Additionally, the Customer Securities Standing Authority set out under Clause 5 of Schedule 5 (if it is not revoked prior to its expiry) may be renewed for one or more further periods but not exceeding 12 months.

  • The Customer is not required by any law to sign and give the Customer Securities Standing Authority set out under Clause 5 of Schedule 5, but an authority may be required by the Company, for example, to facilitate margin lending to the Customer or to allow the Customer’s Securities or securities collateral to be loaned to or deposited as Collateral with third parties.

Related to Customer Securities Standing Authority

  • Authority or Housing Authority (HA means the Housing Authority.

  • foreign regulatory authority means a securities commission, exchange or other securities market regulatory authority in a designated foreign jurisdiction;

  • Controlling Authority means the Minister administering the Tasmanian State Service Act 1984.

  • Funding Authority means the body awarding the grant for the Project.

  • Governing authority means the local legislative authority

  • Purchasing Authority means the officer signing the acceptance of tender and shall include any officer who has authority to execute the relevant contract on behalf of the Purchaser.

  • Applicable Insurance Regulatory Authority means, when used with respect to any Insurance Subsidiary, the insurance department or similar administrative authority or agency located in (x) the state or other jurisdiction in which such Insurance Subsidiary is domiciled or (y) to the extent asserting regulatory jurisdiction over such Insurance Subsidiary, the insurance department, authority or agency in each state or other jurisdiction in which such Insurance Subsidiary is licensed, and shall include any Federal insurance regulatory department, authority or agency that may be created in the future and that asserts regulatory jurisdiction over such Insurance Subsidiary.

  • Regulatory Floodway means the channel of a river or other watercourse and the adjacent land areas that must be reserved in order to discharge the base flood without cumulatively increasing the water surface elevation more than a designated height.

  • Requesting Authority means the Authority making a request under this MoU.

  • national regulatory authority means the body or bodies charged by a Member State with any of the regulatory tasks assigned in this Directive and the Specific Directives;

  • Licensing authority means the department or division within each participating state which is authorized by law to issue or approve licenses or permits to hunt, fish, trap, or possess wildlife.

  • Issuing authority means the authorized representative of the department of the City who issued the solicitation.

  • Franchising Authority means any Governmental Authority authorized by any federal, state or local law to grant a Franchise or to exercise jurisdiction over the rates or services provided by a cable television system pursuant to a Franchise or over Persons holding a Franchise.