Securities Account definition
Securities Account is any “securities account” as defined in the Code with such additions to such term as may hereafter be made.
Securities Account means the account for dematerialised securities maintained by the CSD pursuant to the Financial Instruments Accounts Act in which (i) an owner of such security is directly registered or (ii) an owner’s holding of securities is registered in the name of a nominee.
Securities Account means a securities account (as that term is defined in the Code).
Examples of Securities Account in a sentence
Subject to restrictions under Applicable Law, Bank also will obtain an undertaking to permit Customer’s independent public accountants reasonable access to the records of any Subcustodian of Securities held in the Securities Account as may be required in connection with such examination.
More Definitions of Securities Account
Securities Account. The meaning specified in Section 8-501(a) of the UCC.
Securities Account has the meaning assigned to such term in the UCC.
Securities Account means a securities account (as that term is defined in the UCC).
Securities Account means each Securities custody account on Bank's records to which Financial Assets are or may be credited pursuant hereto.
Securities Account means an account to which a financial asset is or may be credited in accordance with an agreement under which the Person maintaining the account undertakes to treat the Person for whom the account is maintained as entitled to exercise the rights that comprise the financial asset.
Securities Account shall have the meaning set forth in Article 8 of the UCC.
Securities Account means any “securities account” as defined in Article 8 of the UCC and any “commodity account” as defined in Article 9 of the UCC.