Security Entitlement definition
Security Entitlement. The meaning specified in Section 8-102(a)(17) of the UCC.
Security Entitlement. Has the meaning given such term in Section 8-102(a)(17) of the New York UCC.
Security Entitlement means the rights and property interest of an Entitlement Holder with respect to a Financial Asset, as specified in Part 5 of Article 8 of the UCC.
Examples of Security Entitlement in a sentence
In the event that the Securities Intermediary has or subsequently obtains by agreement, operation of law or otherwise a security interest in the Accounts or any Security Entitlement credited thereto, the Securities Intermediary hereby agrees that such security interest shall be subordinate to the security interests of the Secured Party and the Issuer.
More Definitions of Security Entitlement
Security Entitlement means the rights and property interest of an entitlement holder with respect to a financial asset specified in Part 5.
Security Entitlement. “Supporting Obligations”; and “Tangible Chattel Paper.”
Security Entitlement shall have the meaning given such term in Section 8-102(a)(17) of the UCC.
Security Entitlement has the meaning set forth in Section 8-102(a)(17) of the Code.
Security Entitlement means “security entitlement” (as defined in Section 8-102(a)(17) of the NY UCC) with respect to Financial Assets now or hereafter credited to the Securities Account and, with respect to Federal Book-Entry Regulations, with respect to Federal Book-Entry Securities now or hereafter credited to the Securities Account, as applicable.
Security Entitlement. As defined in Section 8-102(a)(17) of the UCC or, in respect of any Book-Entry Security, as defined in 31 C.F.R. Section 357.2 (or, as applicable to such Book-Entry Security, the corresponding Federal Book-Entry Regulations).
Security Entitlement and “Uncertificated Security” have the respective meanings set forth in Article 8 of the NYUCC.