Securities Entitlement definition

Securities Entitlement means the rights and property interest of an Entitlement Holder with respect to a Financial Asset as set forth in Part 5 of Article 8 of the Uniform Commercial Code of the State of New York, as the same may be amended from time to time.

Securities Entitlement means the rights and property interest of an Entitlement Holder with respect to a Financial Asset as set forth in Part 5 of the Uniform Commercial Code.

Securities Entitlement means, in respect of each Exchangeable Note, the nominal amount of Securities specified in the Supplemental Trust Deed to which a holder of such Note may be entitled upon the occurrence of an Exchange Event;

Examples of Securities Entitlement in a sentence

• Notes presented and surrendered by a Noteholder shall be aggregated for the purpose of determining the aggregate Securities Entitlement of that Noteholder.

• A security interest in the Securities Entitlement of a Participant in favor of a Federal Reserve Bank that is not marked on the books of the Federal Reserve Bank is governed by the law of the state in which the head office of the Federal Reserve Bank is located.

• If the Cash Entitlement is not enough to discharge the Delivery Expenses then some or all of the Securities comprised in the Securities Entitlement will be sold to meet the shortfall.

• With respect to any Collateral consisting of a Deposit Account, Securities Entitlement or held in a Securities Account, upon execution and delivery by the applicable Obligor, the applicable Securities Intermediary and the Administrative Agent of an agreement granting control to the Administrative Agent over such Collateral, the Administrative Agent shall have a valid and perfected, first priority security interest in such Collateral.

• Section 357.12(a) provides that a Participant’s Securities Entitlement is cre- ated when a Federal Reserve Bank indicates by book entry that a Book-entry Security has been credited to a Participant’s Securi- ties Account.

More Definitions of Securities Entitlement

Securities Entitlement has the meaning assigned thereto in Section 8-102(a)(17) of the UCC.

Securities Entitlement. “Securities Intermediary”; “Supporting Obligations”; and “Tangible Chattel Paper.”

Securities Entitlement has the meaning assigned thereto in Section 8- 102(a)(17) of Article 8 of the UCC.

Securities Entitlement means the rights and property interest of an Entitlement Holder with respect to a Financial Asset as set forth in Part 5 of Article 8 of the Uniform Commercial Code. (s) "Securities Intermediary" shall have the meaning assigned thereto in Article 8 of the Uniform Commercial Code, which, as of the date hereof, means Bank, a Subcustodian, a securities depository, clearing corporation or any other person, including a bank or broker, that in the ordinary course of its business maintains securities accounts for others and is acting in that capacity. (t) "Uncertificated Security" shall mean a Security that is not represented by a certificate. (u) "Uniform Commercial Code" shall mean the Uniform Commercial Code of the State of New York, as amended from time to time. 3.

Securities Entitlement. “Securities Intermediary”, “Securities Account”, “Supporting Obligation”, “Tangible Chattel Paper”, and “Uncertificated Security”.

Securities Entitlement. Any “securities entitlement,” as such term is defined in Section 8-102(a)(17) of the UCC.

Securities Entitlement. As defined in Section 8-102(a)(17) of Revised Article 8.