Security Entitlements definition

Security Entitlements means all present and future “security entitlements” (as defined in Article 9 of the UCC).
Security Entitlements shall have the meaning attributed to such term by the UCC, and shall include any and all Security Entitlements whether now or hereafter existing.

Examples of Security Entitlements in a sentence

  • Securities Intermediary hereby further acknowledges that, during any Suspension Period, it holds the Reserve Account, and all Security Entitlements therein, as custodian for, for the benefit of, and subject to the control of, Secured Party.

  • During any Suspension Period, Securities Intermediary shall, by book entry or otherwise, indicate that the Reserve Account, and all Security Entitlements registered to or held therein, are subject to the control of Secured Party as provided in Sections 4(c), 4(e) and 4(f).

  • Without limiting the foregoing, the above choice of law is expressly agreed to by the Securities Intermediary, the Collateral Agent, the Custodial Agent and the Holders from time to time acting through the Purchase Contract Agent, as their attorney-in-fact, in connection with the establishment and maintenance of the Collateral Account, which law, for purposes of the Code, shall be deemed to be the law governing all Security Entitlements related thereto.

  • The Security Entitlements and all Financial Assets credited to the Trust Accounts, including without limitation all amounts, securities, investments, Financial Assets, investment property and other property from time to time deposited in or credited to such account and all proceeds thereof, held from time to time in the Trust Accounts will continue to be held by the Securities Intermediary for the Indenture Trustee for the benefit of the Secured Parties.

  • Regardless of any provision in any other agreement, for purposes of the UCC, New York shall be deemed to be the Securities Intermediary’s jurisdiction and the Reserve Account (as well as the Security Entitlements related thereto) shall be governed by the laws of the State of New York.

More Definitions of Security Entitlements

Security Entitlements. Supporting Obligations” and “Uncertificated Securities” as such terms are defined in the UCC;
Security Entitlements means "security entitlement" as defined in of the UCC.
Security Entitlements means all right, title, and interest of each Grantor (in each case whether now or hereafter existing, owned, arising, or acquired) in and to the rights and property interests as and of an Entitlement Holder with respect to a Financial Asset.
Security Entitlements and “Proceeds” have the meaning assigned thereto in the New York UCC.
Security Entitlements associated with such "securities account". Without obtaining Administrative Agent's prior written consent (which consent will not be unreasonably withheld while no Default is occurring), and except as otherwise permitted under Section 5.16 of the Credit Agreement, Grantor will not purchase or carry any "Margin Stock" within the meaning of Regulations T, U or X of the Board of Governors of the Federal Reserve System.
Security Entitlements have the respective meanings set forth in Article 8 of the UCC.
Security Entitlements. Supporting Obligations” and “Uncertificated Securities” as such terms are defined in the UCC; Notwithstanding anything to the contrary contained herein, Excluded Equity shall be excluded from the lien and security interest granted hereunder (and shall, as applicable, not be included as “Collateral”, General Intangibles”, “Investment Property”, or “Pledged Propertyfor the purposes hereof.