Common use of Ownership of the Securities Clause in Contracts

Ownership of the Securities. The IM-Security Provider shall at all times prior to enforcement of the IM-Security Interest pursuant to Clause 7 (Enforcement) remain the legal owner of the IM-Securities Collateral for all purposes (it being understood that any such rights shall be subject to the IM- Security Interest and any other rights of the IM-Security Receiver under this Agreement).

Appears in 2 contracts

Samples: Im Security Agreement, Im Security Agreement

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Ownership of the Securities. The IM-Security Provider shall at all times prior to enforcement of the IM-Security Interest pursuant to Clause 7 (Enforcement) remain the legal owner of the IM-Securities Collateral for all purposes (it being understood that any such rights shall be subject to the IM- IM-Security Interest and any other rights of the IM-Security Receiver under this Agreement).

Appears in 2 contracts

Samples: bankenverband.de, bankenverband.de

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