Customer Securities definition

Customer Securities means Securities carried by the Debtor for the account of any customer within the meaning of Rules 8c-1 and 15c2-1 of the Securities and Exchange Commission.
Sample 1
Customer Securities means, at any time, Eligible Securities and Eligible ETFs that are pledged at such time to the Administrative Agent for the benefit of the Lenders to secure Customer Loan Obligations.
Sample 1
Customer Securities securities received by or on behalf of a broker ------------------- or dealer for the account of any customer, securities carried long by a broker or dealer for the account of any customer, and securities sold to, or bought for, a customer by a broker or dealer.
Sample 1

Examples of Customer Securities in a sentence

  • Without limitation, such Property shall include stocks and other equity interests of every type, evidences of indebtedness, other instruments representing same or rights or obligations to received, purchase, deliver or sell same and other non-cash investment property of the Customer ("Securities") and cash from whatever source and in whatever currency ("Cash").

  • Customer Securities No employee may invest in the securities of a customer of Arbor Court Capital if the employee participates in or is expected to participate in transactions involving, or is responsible for, extensions of credit to the customer or if the customer's securities are publicly traded and the employee has non- public information concerning the customer at the time of the proposed investment.

  • The Debtor has full power and authority from each customer to pledge the Customer Securities and to permit such Securities to be commingled with securities carried for the account of other customers of the Debtor.

  • The Debtor hereby pledges and assigns to the Bank and grants to the Bank a continuing security interest in, and right of offset against, the Collateral to secure payment of the Obligations provided, however, that Customer Securities shall secure the Obligations only to the extent described in Section 12 hereof.

  • Bank shall establish and maintain the Account in which it will hold on behalf of Customer Securities and monies incidental to clearing Securities.

  • XXX-XXXXX-XXX No.:____________________________________________ ADDENDUM TO CUSTOMER AGREEMENT Hypothecation of Customer Securities.

  • Brokerage Customer Securities Litigation, 06-CIV 643 (GEL) (S.D.N.Y.) (the "Brokerage Customer Securities Litigation"), (ii) claims asserted in the securities class action entitled In re Refco Inc.

  • Segregation and Desegregation Instructions (a) Upon Customer's execution and delivery to Bank of such agreements as Bank shall require, Bank shall establish and maintain for and in the name of Customer one or more Segregated Accounts for the purpose of segregating fully paid for Securities of customers of Customer, Securities subject to repurchase agreements, and for other purposes acceptable to Bank.

  • XXX-XXXXX No.:____________________________________________ ADDENDUM TO CUSTOMER AGREEMENT Hypothecation of Customer Securities.

  • Customer Securities No employee may invest in the securities of a customer of the Company if the employee participates in or is expected to participate in transactions involving, or is responsible for, extensions of credit to the customer or if the customer’s securities are publicly traded and the employee has material, nonpublic information concerning the customer at the time of the proposed investment.

Related to Customer Securities

  • Purchaser Securities means the Purchaser Units, the Purchaser Common Stock, the Purchaser Preferred Stock and the Purchaser Warrants, collectively.

  • NIM Securities Any debt securities secured or otherwise backed by some or all of the Class X and Class P Certificates that are rated by one or more Rating Agencies.

  • Equity-linked Securities means any debt or equity securities that are convertible, exercisable or exchangeable for Class A Shares issued in a financing transaction in connection with a Business Combination, including but not limited to a private placement of equity or debt.

  • Securities as used herein does not include (i) securities of issuers that are affiliated with the Buyer or are part of the Buyer's Family of Investment Companies, (ii) securities issued or guaranteed by the U.S. or any instrumentality thereof, (iii) bank deposit notes and certificates of deposit, (iv) loan participations, (v) repurchase agreements, (vi) securities owned but subject to a repurchase agreement and (vii) currency, interest rate and commodity swaps.

  • Underlying Securities means any securities issuable on conversion, exchange or exercise of compensation securities.

  • Lock-Up Securities shall have the meaning set forth in Section 4.1.

  • Other Securities refers to any stock (other than Common Stock) and other securities of the Company or any other person (corporate or otherwise) which the holder of the Warrant at any time shall be entitled to receive, or shall have received, on the exercise of the Warrant, in lieu of or in addition to Common Stock, or which at any time shall be issuable or shall have been issued in exchange for or in replacement of Common Stock or Other Securities pursuant to Section 4 or otherwise.

  • Designated Securities means securities issued by an Insured, or by any Affiliated Entity, or by any Fund to which such Insured or any Affiliated Entity provides any services.

  • Related Securities means any options or warrants or other rights to acquire Shares or any securities exchangeable or exercisable for or convertible into Shares, or to acquire other securities or rights ultimately exchangeable or exercisable for or convertible into Shares.

  • Asset-Backed Securities means securities which:

  • Escrowed Securities means the direct, noncallable obligations of the United States of America, as described in the Escrow Agreement.

  • Municipal Securities means municipal securities as described under the heading “Portfolio Contents” in the prospectus or other offering document for a Series of RVMTP Shares.

  • Offeror’s Securities means Voting Shares Beneficially Owned by an Offeror on the date of the Offer to Acquire;

  • Permitted Securities means any of the following:

  • Portfolio Securities or "investments" of the Series shall mean, respectively, such assets, net assets, securities, portfolio securities or investments which are from time to time under the management of the Subadviser pursuant to this Agreement.

  • Equity Preferred Securities means, with respect to any Person, any trust preferred securities or deferrable interest subordinated debt securities issued by such Person or other financing vehicle of such Person that (i) have an original maturity of at least twenty years, and (ii) require no repayments or prepayments and no mandatory redemptions or repurchases, in each case, prior to the first anniversary of the latest Maturity Date.

  • Mortgage-backed Securities means securities that are secured or otherwise backed by Mortgage Loans.

  • Approved Securities means securities of any State Government or of the Central Government and such bonds, both the principal whereof and the interest whereon shall have been fully and unconditionally guaranteed by any such Government;

  • Series B Securities means the Company's Series B 9 3/8% Junior Subordinated Deferrable Interest Debentures due May 1, 2028, as authenticated and issued under this Indenture.

  • Fixed Income Securities means Debt Securities created and issued by, inter alia, Central Government, State Government, Local Authorities, Municipal Corporations, PSUs, Public Companies, Private Companies, Bodies Corporate, Unincorporated SPVs and any other entities which may be recognized / permitted which yield a fixed or variable rate by way of interest, premium, discount or a combination of any of them.

  • CHESS Approved Securities means securities of the Company for which CHESS approval has been given in accordance with the ASX Settlement Operating Rules;

  • Additional Purchased Securities Securities provided by Seller to Buyer pursuant to Paragraph 4(a) hereof;

  • SPAC Warrants means the SPAC Public Warrants and the SPAC Private Placement Warrants.

  • Purchased Securities has the meaning assigned in the Terms;

  • Securities System means the Federal Reserve Book-Entry System, a clearing agency which acts as a Securities Depository, or another book entry system for the central handling of securities (including an Eligible Securities Depository).