Examples of Pledged Securities Account in a sentence
The Clearing Member further undertakes to enter into a control agreement between the Clearing Member, SIX SIS AG and Eurex Clearing AG in respect of all securities which are at present or are in the future deposited in the Swiss Default Fund Pledged Securities Account.
Develop a training plan for a series of GIS training programs or workshops to meet the skill development needs identified in item (ii) above.
The Parties hereby agree that each Pledged Securities Account shall be subject to an account control mechanism as further set out in Clause 4.3 (Perfection of the Pledge).
The Parties hereby agree that each CmaX Basic Clearing Member Pledged Securities Account shall be subject to an account control mechanism as further set out in Clause 3.2 (Perfection of the Pledge).
For the perfection of the Pledge, for purposes of Article 5 (2) (a) of the Law on financial collateral arrangements, the Relevant Pledged Assets in the relevant Luxembourg Basic Clearing Member Pledged Securities Account, shall be designated in CBL’s books as collectively pledged in favour of the Pledgee.