Common use of Settlement Facility Clause in Contracts

Settlement Facility. B.1.1. Availability: Normally, any securities to be transferred by the Client must be available for transfer in a Prime Brokerage Account or be provided by the Client to MSI plc in good time to enable MSI plc to settle the relevant transfer. However, MSI plc may make a Settlement Facility available to the Client by utilising either (i) securities MSI plc has in inventory or

Appears in 4 contracts

Samples: Master Netting Agreement, Master Netting Agreement, Master Netting Agreement

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