Securities Intermediary definition

Securities Intermediary. The meaning specified in Section 8-102(a)(14) of the UCC.

Securities Intermediary means Bank, a Subcustodian, a Securities Depository, and any other financial institution which in the ordinary course of business maintains Securities custody accounts for others and acts in that capacity.

Securities Intermediary means U.S. Bank National Association, a national banking association, solely in the capacity of a “securities intermediary” as defined in the NY UCC and Federal Book-Entry Regulations or any successor securities intermediary under the Indenture.

Examples of Securities Intermediary in a sentence

Xxxxxxxx Title: President The Bank of New York Mellon Trust Company, National Association, as Indenture Trustee and as Securities Intermediary By: /s/ Xxxxx X.
Any removal or resignation of the Indenture Trustee shall also constitute a removal or resignation of the Securities Intermediary.
Thereupon the resignation or removal of the retiring Indenture Trustee shall become effective, and the successor Indenture Trustee shall have all the rights, powers and duties of the Indenture Trustee and Securities Intermediary, as applicable, under this Indenture and the other Basic Documents.
All of the Trust Estate constituting investment property has been and will have been credited to the Collection Account or a Subaccount thereof, and the Securities Intermediary for the Collection Account has agreed to treat all assets credited to the Collection Account (other than cash) as “financial assets” within the meaning of the UCC and cash will be allocated to the Capital Subaccount.
If the Securities Intermediary in respect of any Series 2025-2 Account is not the Trustee, HVF III shall obtain the express agreement of such Person to the obligations of the Securities Intermediary set forth in this Section 4.3 (Trustee as Securities Intermediary).

Securities Intermediary means a “securities intermediary” as that term is defined in Section 8-102 of the New York UCC.

Securities Intermediary means U.S. Bank National Association.

Securities Intermediary means Bank, a Subcustodian, a Securities Depository, and any other financial institution which in the ordinary course of business maintains custody accounts for others and acts in that capacity.

Securities Intermediary has the meaning specified in the first paragraph of this Agreement.

Securities Intermediary. (i) A Clearing Corporation; or (ii) a 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.

Securities Intermediary means The Bank of New York Mellon, a New York banking corporation, solely in the capacity of a “securities intermediary” as defined in the NY UCC and Federal Book-Entry Regulations or any successor securities intermediary under the Indenture.

Securities Intermediary has the meaning set forth in the preamble.