Deposit of Collateral Sample Clauses

Deposit of Collateral. IFTC shall direct Bank to deposit, transfer and maintain assets specified by Customer by Written Notice as Collateral in the Safekeeping Account in an amount sufficient to provide such Margin as shall be required by the Rules and Regulations, and Bank shall provide Broker and IFTC with Written Notice of each such deposit. Customer may deposit amounts in excess of such requirements. The designation "Customer Funds" in the account title is intended to indicate the status of the Safekeeping Accounts under the Rules and Regulations; however, to the extent not inconsistent with such Rules and Regulations, the provisions of this Agreement shall be controlling as to the rights of the parties in the Collateral.
AutoNDA by SimpleDocs
Deposit of Collateral. To secure payment of the Pledgor's obligations under the Note, Pledgor hereby pledges and deposits the Securities with Pledgee and hereby grants to Pledgee a valid and perfected first lien on and security interest in the Securities and other items of the Collateral.
Deposit of Collateral. Pledgor shall (i) deliver the Certificate(s) to Pledgee and (ii) deliver stock power(s) in the form of EXHIBIT A attached hereto, duly executed in blank, for the Collateral to Pledgee.
Deposit of Collateral. 22 (k) Depositary.....................................................23 (l) Pledge Agreement...............................................23 (m) Agreement with Vestar and the Collateral Agent.................23 (n)
Deposit of Collateral. Acquisition shall have deposited, or shall have directed the deposit of, the proceeds of the offering with the Collateral Agent, as contemplated in the Pledge Agreement (it being understood that this condition shall be deemed satisfied to the extent it occurs simultaneously with the purchase and payment of the Securities).
Deposit of Collateral. Pledgor hereby deposits with Kahn, Kleinman, Yanoxxxx & Xrnsxx Xx., L.P.A. as Agent (the "Agent"), a stock certificate representing the Pledged Shares, and an Irrevocable Stock Power duly endorsed by Pledgor to transfer the Pledged Shares. Such stock certificate and stock power shall be held by the Agent, on behalf of Pledgee, subject to the terms and conditions of this Agreement in order to secure the payment obligations of Pledgor to Pledgee pursuant to the Note. Upon the payment in full of the Note, such certificate of stock and stock power shall be returned by the Agent to the Pledgor.
Deposit of Collateral. Customer shall deposit with Custodian, and Custodian --------------------- agrees to hold in pledge, as bailee of and as agent for Nikko and its successors and assigns, such Collateral that may be so deposited hereunder from time to time. For each item of Collateral deposited with Custodian hereunder, Customer shall submit a collateral receipt substantially in the form attached hereto ("Collateral Receipt").
AutoNDA by SimpleDocs
Deposit of Collateral. Simultaneously with the execution of this Escrow Agreement, HWBLP shall deposit with the Escrow Agent cash in the amount of Twenty Five Thousand Dollars ($25,000), which Collateral shall be held in escrow in accordance with the terms of this Escrow Agreement in an interest-bearing account with a federally-insured financial institution doing business and having an office in the State of Maryland.
Deposit of Collateral. A. To ensure Introducing Firm's performance of its obligations under this Agreement (including, without limitation, the payment of Fees, Introducing Firm Failure Costs, Counterparty Failure Costs and Indemnified Losses), there shall be established a securities holding account with Refco to be opened in the name of Introducing Firm and designated as the Introducing Firm Collateral Account (the "Collateral Account"). The Collateral Account shall at all times contain cash, securities, or a combination of both, having a market value of not less than the sum required by Refco as of the date of this Agreement; provided that Refco shall have the right, in its reasonable discretion, to increase upon not less than three business days notice to Introducing Firm, the Collateral Amount to reflect materially changed conditions relating to the Introducing Firm or its business or an unusually high number or value of unresolved errors or fails with respect to Transactions (the "Collateral Amount"). Said securities shall consist only of direct obligations issued by or guaranteed as to principal and interest by the United States and such other securities as Refco may in writing consent to, in its sole discretion, from time to time. As collateral security for all of its obligations to Refco under and with respect to this Agreement, Introducing Firm hereby pledges, assigns and grants a first priority security interest and lien to Refco in and upon all property from time to time now or hereafter in the Collateral Account, and Refco shall have all rights and remedies with respect thereto of a secured party under the New York Uniform Commercial Code or other applicable law, as well as its other rights hereunder. Introducing Firm represents and warrants that any Collateral shall be free of any lien, pledge or interest other than that of Refco. Introducing Firm shall be entitled to receive all cash distributions made on or in respect of the securities unless the market value of the cash and/or securities in the Collateral Account is less than the Collateral Amount. If the Collateral Account consists of cash, Refco shall pay interest to the Introducing Firm on this cash held from time to time at an agreed upon rate. If at any time the market value of the cash and/or securities in the Collateral Account fall below 90% of the Collateral Amount, as determined by Refco, Refco may, by notice to Introducing Firm, demand that Introducing Firm deliver additional collateral to the Collatera...
Deposit of Collateral. Customer shall deposit with Custodian, and Custodian --------------------- agrees to hold in pledge, as bailee of and as agent for DLJ and its successors and assigns, such Collateral that may be so deposited hereunder from time to time. Custodian shall maintain such Collateral so deposited in separate records and files.
Time is Money Join Law Insider Premium to draft better contracts faster.