Examples of Depository Account in a sentence
In case of registering inheritance, the testator shall be identified based on application of successor(s) and certificate of inheritance, as well as if necessary, based on statement, provided by the Issuer, additional clarifying documents and information provided by the notary, based on request addressed to the notary made by the Central Depository (Account Operator), taking into account the principles defined in point 236 of the Rules.
The written certification referred to in this point must also contain a statement that the risks of any kind of problems related to the legislation of the relevant foreign country in the framework of and in connection with the implementation of the custody of the given foreign securities by the Central Depository (Account Operator) are fully borne by the person presenting the certification.
If the Central Depository (Account Operator) provides information electronically or via facsimile communication, the Central Depository (Account Operator) is not responsible for this information becoming known to third parties.
Each Borrower shall deposit in the Blocked Account and/or Depository Account or, upon request by Agent during a Cash Dominion Period, deliver to Agent, in original form and on the date of receipt thereof, all checks, drafts, notes, money orders, acceptances, cash and other evidences of Indebtedness other than amounts received pursuant to the life insurance policy obtained in connection with the Domino Repurchase Agreement.
If any Credit Party (other than any Credit Party that is a Foreign Subsidiary not formed or organized under the laws of Canada or any province thereof) shall receive any collections or other proceeds of the Collateral, such Credit Party shall hold such collections or proceeds in trust for the benefit of Agent and deposit such collections or proceeds into a Blocked Account or Depository Account within one (1) Business Day following such Credit Party’s receipt thereof.