Initiation; Confirmation; Termination. 5.1 A Transaction may be initiated by either the Client or the Dealer pursuant to this Master Retail Repurchase Agreement. On the Purchase Date for each Transaction, the Underlying Securities shall be transferred to Trustee (for the benefit of the Client) or its agent against the transfer of the Purchase Price to the Dealer’s Proprietary Account.
Appears in 9 contracts
Samples: Master Retail Repurchase Agreement, Master Retail Repurchase Agreement, Master Retail Repurchase Agreement
Initiation; Confirmation; Termination. 5.1 A 5.1A Transaction may be initiated by either the Client or the Dealer pursuant to this Master Retail Repurchase Agreement. On the Purchase Date for each Transaction, the Underlying Securities shall be transferred to Trustee (for the benefit of the Client) or its agent against the transfer of the Purchase Price to the Dealer’s Proprietary Account.
Appears in 1 contract
Samples: Master Retail Repurchase Agreement