Futures Intermediary definition

Futures Intermediary means a person that,

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Futures Intermediary. “Document of Title”; “Equipment”; “Financial Asset”; “Goods”; “Intangible”; “Inventory”; “Investment Property”; “Money”; “Proceeds”; “Securities Account”; “Securities Intermediary”; “Security”; and “Security Entitlement”.

Futures Intermediary. “Goods”, “Instrument”, “Intangible”, “Inventory”, “Investment Property”, “Money”, “Proceeds”, “Securities Account”, “Securities Intermediary”, “Security”, “Security Certificate”, “Security Entitlement”, and “Uncertificated Security” have the meanings given to them in the PPSA.

Examples of Futures Intermediary in a sentence

• The Collateral Agent agrees with each Pledgor that the Collateral Agent shall not give any Entitlement Orders or instructions or directions to any issuer of uncertificated securities, Securities Intermediary or Futures Intermediary, and shall not withhold its consent to the exercise of any withdrawal or dealing rights by such Pledgor, unless an Event of Default has occurred and is continuing or, after giving effect to any such investment and withdrawal rights, would occur.

• Each Pledgor agrees that once the Collateral Agent sends an instruction or notice to a Securities Intermediary or Futures Intermediary exercising its Control over any Securities Account and Futures Account such Pledgor shall not give any instructions or orders with respect to such Securities Account or Futures Account including, without limitation, instructions for investment, distribution or transfer of any Investment Property or financial asset maintained in such Securities Account or Futures Account.

• Attached hereto as Schedule 11 is a true and correct list of bank accounts, Securities Accounts and Futures Accounts maintained by each Grantor, including the name and address of the bank, Securities Intermediary or Futures Intermediary holding the account, as applicable, the type of account, the account number, whether such account is required to be subject to a Control Agreement pursuant to the Credit Agreement and, if not, why it is not so required.

• The Collateral Agent agrees with each Grantor that the Collateral Agent shall not give any Entitlement Orders or instructions or directions to any issuer of uncertificated securities, Securities Intermediary or Futures Intermediary, and shall not withhold its consent to the exercise of any withdrawal or dealing rights by such Grantor, unless an Event of Default has occurred and is continuing or, after giving effect to any such investment and withdrawal rights, would occur.

• The Collateral Agent agrees with each Debtor that the Collateral Agent shall not give any Entitlement Orders or instructions or directions to any issuer of uncertificated securities, Securities Intermediary or Futures Intermediary, and shall not withhold its consent to the exercise of any withdrawal or dealing rights by such Debtor, unless an Event of Default has occurred and is continuing or, after giving effect to any such investment and withdrawal rights, would occur.

More Definitions of Futures Intermediary

Futures Intermediary means a person who

Futures Intermediary is used with the defined meaning assigned to “futures intermediary” in the PPSA.

Futures Intermediary. “Futures Contract”; “Goods”; “Inventory”; “Money”; “Proceeds”; “Securities Account”; “Security”, “Securities Intermediary”; and “Security Entitlement.” Terms which are defined in the Credit Agreement and not otherwise defined herein are used herein as defined therein and the rules of Construction set forth in Section 1.2 of the Credit Agreement shall apply to this Agreement. The following words and terms shall have the following meanings, respectively, unless the context hereof otherwise clearly requires:

Futures Intermediary means a futures intermediary as defined in

Futures Intermediary. “Goods”, “Intangible”, “Inventory”, “Money”, “Proceeds”, “Securities Account”, “Securities Intermediary”, “Security Entitlement” and “Uncertificated Security” are used herein, they shall be interpreted in accordance with their respective meanings in the PPSA. Capitalized terms used in this Agreement but not defined have the meanings given to them in the Credit Agreement.

Futures Intermediary. “Intangible”, “Goods”, “Instrument”, “Inventory”, “Investment Property”, “Securities Account”, “Securities Intermediary” shall, to the extent so defined therein, and for purposes of interpretation or construction of this Agreement that may be subject to the such laws or a court or tribunal exercising jurisdiction under such laws, have the respective meanings assigned to such terms without initial capitals, as of the date of this Agreement, in the PPSA, the STA or the UCC, as applicable.

Futures Intermediary means a futures intermediary as defined in The Personal Property Security Act, 1993;