Receipt, Delivery and Disposal of Securities Sample Clauses

Receipt, Delivery and Disposal of Securities. The Custodian shall, or shall instruct any other entity authorized to hold Securities under this Agreement, to receive or deliver Securities, and the Custodian shall credit or debit the appropriate Custody Accounts, in accordance with properly authorized Instructions from the Client. The Custodian or such authorized entity shall also receive in custody all stock dividends, rights and similar Securities issued in connection with Securities held hereunder, shall surrender for payment, in a timely manner, all items maturing or called for redemption and shall take such other action as the Client, on behalf of a Portfolio, may direct in properly authorized Instructions.
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Receipt, Delivery and Disposal of Securities. The Bank shall, or shall instruct any other entity authorized to hold Property in accordance with Section 6 or 7 hereof to, receive or deliver Securities and credit or debit the Subcustody Account, in accordance with properly authorized Instructions from the Customer. The Bank or such authorized entity shall also receive in custody all stock dividends, rights and similar securities issued in connection with Securities held hereunder, shall surrender for payment, in a timely manner, all items maturing or called for redemption and shall take such other action as the Customer may direct in properly authorized Instructions.
Sample 1
Receipt, Delivery and Disposal of Securities. SEI Trust will effect purchases and sales of Securities in accordance with Customer’s Instructions and will take all steps necessary to collect the proceeds of Securities that are sold, redeemed or matured and will deposit the proceeds in the Custodial Account upon receipt. SEI Trust will not be responsible for the collection of proceeds of Securities called for redemption unless notice thereof is published in a national financial reporting service to which SEI Trust subscribes.
Sample 1
Receipt, Delivery and Disposal of Securities. The Bank or its Designee shall receive or deliver securities and credit or debit the Member’s Safekeeping Account, in accordance with properly authorized instructions. The Bank or its Designee shall also receive in custody all stock dividends, rights and similar securities issued in connection with securities held hereunder, shall surrender for payment, in a timely manner, all items maturing or called for redemption and shall take such other action as the Member or Pledgee may direct in properly authorized instructions. If an instruction identifies any security by both a CUSIP (or any other identifying number) and a description and the CUSIP (or other identifying number) identifies a different security than the description, the Bank may rely solely on the CUSIP (or other identifying number).
Sample 1
Receipt, Delivery and Disposal of Securities. The Bank shall, or shall instruct any other entity authorized to hold Property in accordance with Section 6 or 7 hereof, to receive or deliver Securities and credit or debit the Company's account, in accordance with properly authorized instructions from the Company. The Bank or such entity shall also receive in custody
Sample 1
Receipt, Delivery and Disposal of Securities. The Trustee shall, or shall instruct any other entity authorized to hold Trust Property in accordance with Section 6 hereof to, receive or deliver Securities and credit or debit the Trust Account, in accordance with properly authorized Instructions from the company. The Trustee or such authorized entity shall also receive in custody all stock dividends, rights and similar securities issued in connection with Securities held hereunder, shall surrender for payment, in a timely manner, all items maturing or called for redemption and shall take such other action as the Company may direct in properly authorized Instructions.
Sample 1

Related to Receipt, Delivery and Disposal of Securities

  • Delivery and Redelivery of Securities for Carrying Purposes The Manager may deliver to you from time to time prior to the termination of the applicable AAU pursuant to Section 9.1 hereof against payment, for carrying purposes only, any Securities or Other Securities purchased by you under the applicable AAU or any Intersyndicate Agreement which the Manager is holding for sale for your account but which are not sold and paid for. You will redeliver to the Manager against payment any Securities or Other Securities delivered to you for carrying purposes at such times as the Manager may demand.

  • Delivery of Securities Sold Notwithstanding Section 4.03 above or any other provision of this Agreement, the Custodian, when instructed to deliver Securities against payment, shall be entitled, if in accordance with generally accepted market practice, to deliver such Securities prior to actual receipt of final payment therefor. In any such case, the Fund shall bear the risk that final payment for such Securities may not be made or that such Securities may be returned or otherwise held or disposed of by or through the person to whom they were delivered, and the Custodian shall have no liability for any for the foregoing.

  • Delivery of Securities The Custodian shall release and deliver domestic securities owned by a Portfolio held by the Custodian, in a U.S. Securities System account of the Custodian or in an account at the Underlying Transfer Agent, only upon receipt of Proper Instructions on behalf of the applicable Portfolio, which may be continuing instructions when deemed appropriate by the parties, and only in the following cases:

  • Purchase, Sale and Delivery of Securities On the basis of the representations, warranties and agreements herein contained, but subject to the terms and conditions herein set forth, the Company agrees to sell to the Underwriters, and the Underwriters agree, severally and not jointly, to purchase from the Company, at a purchase price of ___% of the principal amount thereof plus accrued interest from to the Closing Date, the respective principal amounts of Securities set forth opposite the names of the Underwriters in Schedule A hereto. The Company will deliver against payment of the purchase price the Securities in the form of one or more permanent global Securities in definitive form (the "Global Securities") deposited with the Trustee as custodian for The Depository Trust Company ("DTC") and registered in the name of Cede & Co., as nominee for DTC. Interests in any permanent global Securities will be held only in book-entry form through DTC[, except in the limited circumstances provided for by the procedures of DTC]. Payment for the Securities shall be made by the Underwriters in Federal (same day) funds by official bank check or checks drawn to the order of the Company or wire transfer to a bank account of the Company, designated at least 2 business days prior to the Closing Date, at the office of Cahixx Xxxxxx & Xeinxxx xx 9:00 A.M., (New York time), on or at such other time not later than seven full business days thereafter as Credit Suisse First Boston Corporation ("CSFB") and the Company determine, such time being herein referred to as the "Closing Date", against delivery to the Trustee as custodian for DTC of the Global Securities representing all of the Securities. The Global Securities will be made available for checking at the office of Cahixx Xxxxxx & Xeinxxx xx least 24 hours prior to the Closing Date.

  • Delivery of Securities After Closing The Company shall deliver, or cause to be delivered, the respective Securities purchased by each Purchaser to such Purchaser within 3 Trading Days of the Closing Date.

  • Proof of Execution of Instruments and of Holding of Securities Subject to Sections 6.1 and 6.2, the execution of any instrument by a Securityholder or his agent or proxy may be proved in the following manner:

  • Delivery and Control of Security Collateral (a) All certificates or instruments representing or evidencing Security Collateral shall be delivered to and held by or on behalf of the Collateral Agent pursuant hereto and shall be in suitable form for transfer by delivery, or shall be accompanied by duly executed instruments of transfer or assignment in blank, all in form and substance satisfactory to the Collateral Agent. The Collateral Agent shall have the right at any time to exchange certificates or instruments representing or evidencing Security Collateral for certificates or instruments of smaller or larger denominations.

  • Sale and Purchase of Securities Subject to the terms and conditions hereof, the Company agrees to sell, and Purchaser irrevocably subscribes for and agrees to purchase, the number of Units set forth on the signature page of this Agreement at a purchase price of $15.00

  • Cancellation of Securities All Securities surrendered for payment, redemption, registration of transfer or exchange, or for credit against any payment in respect of a sinking or analogous fund, if surrendered to the Issuer or any agent of the Issuer or the Trustee, shall be delivered to the Trustee for cancellation or, if surrendered to the Trustee, shall be cancelled by it; and no Securities shall be issued in lieu thereof except as expressly permitted by any of the provisions of this Indenture. The Trustee shall dispose of cancelled Securities held by it in accordance with its procedures for the disposition of cancelled Securities and deliver a certificate of disposition to the Issuer upon request. If the Issuer shall acquire any of the Securities, such acquisition shall not operate as a redemption or satisfaction of the indebtedness represented by such Securities unless and until the same are delivered to the Trustee for cancellation.

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